Washington, D.C., January 4, 2011 — Nexant won a contract by the Millennium Challenge Account – Mongolia, sponsored by the Millennium Challenge Corp., to provide technical support and consulting services to the Millennium Challenge Energy Efficiency Innovation Facility (MCEEIF).
MCEEIF represents a step in Mongolia's implementation of a successful energy efficiency strategy that addresses air pollution, leverages energy-efficient products and delivers appropriate incentives.
MCEEIF will provide consumer subsidies for purchasing energy-efficient, low-emission technologies and dwellings in Mongolia’s capital of Ulaanbaatar and technical assistance to assess the viability of the selected technologies.
Nexant's role will be to develop an enforceable subsidy regime to promote the adoption of energy-efficient and low-emission homes and home appliances.
Nexant will field a team of internationally renowned cold-weather and built-environment experts who will conduct appliance-testing activities and perform cost-benefit and market analyses to recommend a best-practice subsidy program that can be easily implemented and monitored.
The company’s nine-month engagement is designed to contribute to a measured reduction in air pollution while also reducing energy consumption and improving human health and the environment.
“We are very excited about this opportunity to support MCEEIF, which represents our first MCC contract,” says Nexant Vice President Richard Smith. “We believe that we are uniquely positioned to provide tailored technical assistance to Mongolia’s residential market and look forward to working with MCEEIF to successfully foster the adoption of energy-efficient and low-emission products in Ulaanbaatar.”