News Category: energy

In June, The University of Texas at Austin brought home 2018 System of the Year honors from the International District Energy Association (IDEA) 109th Annual Conference and Trade Show in Vancouver, British Columbia. Announcing the award, IDEA stated that, “The University of Texas at Austin has earned the distinction among its peers as the most efficient university utility in the U.S.”

To highlight the campus commitment to energy conservation, The University of Texas’ iconic Tower will not be bathed in light from dusk to dawn on April 18. Instead, it will be dark.

This month, a team of nine students from across campus, in partnership with the university, hosted the inaugural Energy Olympiad — a research grand challenge that brings young inventors together with entrepreneurs to find better ways to promote sustainability.

John C. Butler, academic director of the Energy Management and Innovation Center, associate director of the Center for Energy Finance Education and Research, and a clinical associate professor of Finance discusses new energy initiatives and trends at McCombs: "None us can ignore what's going on in sustainability. Traditionally we think about firms maximizing shareholder value. There are some people who say we need to change this system that underlies capitalism. I think that if shareholders start to value other things than pure profit or return, companies will have to adapt."