California’s “big three” utilities, at the behest of state regulators, are in the process of examining and improving how they price electricity, including something called time-of-use (TOU) electricity pricing. This option – which rewards people who shift some of their electricity use to times of day when clean energy is abundant and electricity is cheaper – can help California families create safer communities while saving money on their utility bills. Mom’s Clean Air Force California mom Linda Hutchins-Knowles agrees, and recently wrote this opinion piece in the San Jose Mercury News encouraging others to adopt TOU.
Linda, like many moms, wears multiple hats. As a mother, she wants to help leave her children a safer, more sustainable word. As an advocate, she supports increasing our use of clean energy over dirty fossil fuels to help clean our air and environment as a whole. Finally, as a consumer, she wants to do these things without breaking the bank. Read More
This post was co-authored by Jonathan Camuzeaux and Derek Walker.
As we pointed out in August, no news is good news when it comes to California’s cap-and-trade quarterly allowance auctions, which have been running effectively and without hiccups since November 2012. That’s right, last Tuesday’s auction marks the three-year anniversary of the program’s first auction, and the fifth time that California and the Canadian province of Quebec have conducted a joint auction. Time flies by when you settle into a routine, and another set of consistent, stable results indicates once again that California has a strong, well-functioning cap-and-trade program.
Steady results equal a healthy carbon market
Over 75 million current vintage allowances – which covered entities can use for compliance as early as this year – were offered at last Tuesday’s auction, and 100% of these allowances were purchased at a price of $12.73. This price, known as the settlement price, is 63 cents above the floor price set by the California Air Resources Board (CARB) for this auction, and is in line with previous auctions where allowances have cleared at prices slightly above the floor. In the advanced auction for 2018 vintage allowances – which can only be used starting in 2018 – over 10 million allowances were offered and 100% of these were purchased at a price of $12.65. Read More
“When the connection was finally made the Union Pacific and the Central Pacific engineers ran their engines up until their pilots touched. Then the engineers shook hands and had their pictures taken and each broke a bottle of champagne on the pilot of the other's engine and had their picture taken again.”
– Alexander Topence on the scene in Promontory, Utah in 1869 after Western governors drove the “last spike” of the Transcontinental Railroad.
These are good times for clean energy in California. A decade of visionary policymaking, a motivated private sector, and copious sunshine have joined together to reduce the cost of solar in the Golden State by 90 percent.
We already produce more solar energy than any other state. And thanks to a new law Governor Jerry Brown signed last month, SB 350 (De León), California has committed itself to yet another ambitious clean energy goal: 50 percent of electricity in the nation’s most populous state will come from renewables by 2030. Solar is a central part, among others, of California’s strategy to meet this new target.
Amid all this optimism, fast solar growth poses challenges as well. A lot of it has to do with timing. Read More
By: Michelle Zheng, Clean Energy Intern
Before the U.S. electric grid became centralized under utilities and independent system operators, it consisted of unorganized and unconnected generators. As distributed energy resources (DERs) – such as rooftop solar, energy storage, and other generation sources beyond large power plants – find their way into (and onto) more homes and businesses, it’s clear the grid’s future has a lot in common with its roots. This time, however, an array of new technologies will help us take advantage of a more decentralized approach.
But are utilities ready to handle this change? Although some are eager to try, the answer under most current utility business models is a resounding “no.” This is because current business models promise utilities profit for putting more steel into the ground and selling as much energy as possible – the exact things DERs help avoid.
Despite all this, can we find ways for utilities and DERs to be friends? We think so. Meet the “Bring Your Own Battery” (BYOB) model. Developed by San Diego Gas & Electric (SDG&E) and collaborators at Rocky Mountain Institute’s eLab Accelerator, it capitalizes on the emerging movement of customers bringing their own batteries to the grid. What’s more, it creates a role for the utility to facilitate rather than fight the expansion of DERs.
By: Matt Golden, Senior Energy Finance Consultant
As California races towards a clean energy future, not only do we need new aggressive goals for all sectors, but we also need to rethink how we manage distributed energy resources, like rooftop solar and customer side energy storage. This is particularly true for one such resource, energy efficiency.
Two weeks ago, the California legislature passed a number of clean energy related bills including SB 350 (De León), a bill that sets the state on a path to achieve Governor Brown's ambitious clean energy goals. The governor’s “50/50/50” plan aims to increase electricity from renewable sources to 50 percent, reduce petroleum use by 50 percent, and double building efficiency by 2030.
Most media reports have focused on the bill’s ambition to increase the renewable portfolio standard and energy efficiency goals, and some observers have expressed justified concern about items left on the cutting room floor (the petroleum use reduction target). But there has been little discussion of the bill’s most important provisions – those that address how energy efficiency will be measured and delivered going forward. Read More
By: Lauren Navarro and Tim O’Connor
Every day thousands of Americans suffer from dirty air – costing the young and old their health, livelihood, and in many cases, their lives. As California is home to the top five most polluted cities in the country, we need action.
Thankfully, after many long hours of debate and negotiations at the state capitol, the California Legislature passed SB 350 (De León) last Friday. The California State Assembly passed the bill, with a 52-26 vote with bipartisan support before passing it on to the senate where it was approved in a concurrence vote. This bill increases California’s renewable energy mix to 50 percent and doubles the energy efficiency of existing buildings. Both of these provisions will serve to combat dirty air and fight climate change, while ushering in a new era for the state’s electricity system – one defined by a cleaner, more resilient, and dynamic electric grid. Read More