Two weeks ago, State Senator Kevin de León introduced a bill to establish the first “Green Bank” in California, a bold proposal that would unleash low-cost financing opportunities for clean energy projects throughout the Golden State.
I recently had the opportunity to testify at a hearing on the bill to discuss the best practices for green banks across the country and how the program would work in California.
First, a bit more on Green Banks:
At its core, the program is a clean energy finance bank set up by the state, designed to enable increased investment in clean energy projects and companies by working closely with the private sector to remove financial or structural barriers. The goal is simple: increase the amount of clean energy at a low-cost and encourage private investment by reducing the overall risk of clean energy projects. Read More
Source: Edison International
Two seemingly unrelated announcements drew much attention in the electric utility industry recently. First, the Edison Electric Institute (EEI) (the trade group for the U.S. electric utility industry) and the Natural Resources Defense Council (NRDC) jointly recommended changing how utilities should be regulated. Second, Duke Energy announced it will sell 13 Midwest merchant power plants. These announcements are actually related because they both result from the same dramatic changes affecting the electric utility industry. As Bob Dylan aptly noted, “the times they are a-changin’.” Regulators and other stakeholders must be prepared to address these changes.
Under the traditional business model, electricity usage grew steadily. Utilities built ever-larger plants to serve this growing load. The bigger plants were more efficient than existing plants, so the unit cost for electricity steadily declined. Utilities benefited by steadily increasing their revenues. Customers benefited from declining unit costs. For utility customers, it was like paying a lower price per gallon of gasoline every time you filled your tank.
But this traditional model is crumbling, due to several factors: Read More
Source: The Green Leaf
EDF has been advocating for states to establish On-Bill Repayment (OBR) programs that allow property owners and tenants to finance clean energy retrofits directly through their utility bills with no upfront cost. California and Connecticut are working to establish OBR programs, but Hawaii is expected to beat them to the punch. Hawaii’s program is critical as electric rates are about double the average of mainland states and most electricity has historically been generated with dirty, expensive oil.
Given the potential of OBR to lower electricity bills, reduce that state’s carbon footprint, and expand job growth in the clean energy sector, EDF has been working closely with Hawaii and multiple private sector investors for the past year to develop their OBR program. Once formally launched later this spring, Hawaii’s program will be one of only two in the nation, preceded by New York who enacted their program in 2011.
This commentary originally appeared on our Texas Clean Air Matters blog.
Source: Mary Parmer, www.facebook.com/episcopalaustin
On Monday in the heart of downtown Austin, St. David’s Episcopal Church unveiled its new 146-kilowatt solar array. Covering the rooftop of an adjacent parking garage and earning the title of largest rooftop solar installation downtown.
The project’s unprecedented scale was made possible through a partnership with Meridian Solar and a new Austin Energy (AE) pilot program, testing how they can best integrate large rooftop solar with the utility’s grid. Church members had the idea to put solar panels on the parking garage ten years ago, but weren’t able to move forward until last year when low interest rates, improved technology, and government rebates all came together. Through their combined efforts, St. David’s, AE, and Meridian have taken a vital, first step towards a city powered by clean, local, rooftop power, also known as distributed generation (DG). Read More
This commentary originally appeared on our EDF Voices blog.
Everyone knows that if you want your kids to grow up strong and healthy, they need to eat their vegetables. But as any parent knows, it’s easier said than done. That’s why in my house, there is a rule: you can’t have any dessert until you eat your vegetables.
Now, of course, my kids like to argue with me and my wife about exactly how many vegetables they have to eat and whether they can reach into the fridge and select a different vegetable if they don’t like the one she or I cooked that night. That’s okay. We like to encourage creative problem solving. But there’s no getting around the rule. You must eat your vegetables.
As I see it, methane pollution from the oil and gas industry is a lot like kids and vegetables. Reducing it is good for them, but we have to have a rule that requires them to do it. Read More
By: Elizabeth B. Stein, Attorney and Adam Peltz, Attorney
Source: Iwan Baan
In Tuesday’s blog post, we discussed the recently concluded Con Edison rate case, its context, and its significance in advancing clean energy and grid resilience in New York. Today, we take a closer look at the final Order posted last Friday by the New York State Public Service Commission (the Commission) to uncover some of the more encouraging outcomes buried in this 300+ page document:
- Con Edison agreed to various measures that allow for more distributed generation, i.e. on-site power generation, such as combined heat and power, rather than relying solely on power generation and distribution from the traditional, centralized grid. For example, Con Edison agreed to pay for some fault current mitigation, which enables distributed generation to be connected to portions of Con Edison’s grid where it would otherwise be prohibited, and agreed to develop an implementation plan for a microgrid pilot. Additionally, Con Edison agreed to treat customer-sited projects, including distributed generation, as integral parts of its system by considering them in its 24-month planning horizon. Because some distributed generation can operate in an ‘islanded’ mode, or separate from the main grid, and can thus continue operating in a power outage, distributed generation can play a critical role in improving resilience. Read More
By: Susan Leeds, CEO of the New York City Energy Efficiency Corporation (NYCEEC)
As New York City gets repeatedly hammered by snow, ice and the evil “wintry mix,” one could almost forget the world is warming at an ever faster clip. But the experts in the room earlier this month at the roundtable discussion on ‘Economics of Energy Retrofits’ at Urban Green Council (New York’s chapter of the U.S. Green Building Council) know the debate is over. Climate change is real and the window for action is closing. That’s why it’s more important than ever to work toward removing barriers to clean energy financing now.
As the De Blasio administration strives to build a more affordable New York City it’s important to note that clean energy building upgrades are central to this mission. By reducing energy use, building owners and their tenants can realize millions of dollars in annual savings while slashing dangerous carbon pollution for cleaner air and water. Read More
By: Elizabeth B. Stein, Attorney and Adam Peltz, Attorney
Source: Iwan Baan
The New York State Public Service Commission (Commission) took a historic step late last week, unanimously approving an Order that requires Con Edison to implement state-of-the-art measures to plan for and protect its electric, gas, and steam systems from the effects of climate change. This announcement regarding the future of New York State’s largest utility comes as a welcome coda to local storm recovery and resiliency efforts that have been in the works for some time now.
On October 29, 2012, Superstorm Sandy clobbered the coastline of New York City. Homes were swept away or badly damaged as corrosive salt water flooded basements, while millions lost power. In one of the enduring images of the storm, an exploding transformer at East 14th Street caused the “city that never sleeps” to go dark below 40th Street and stay that way for the better part of a week. Read More
The preliminary results of the Demand Response Partnership Program (DRPP), a unique partnership launched by EDF and the U.S. Green Building Council (USGBC) in 2011, are now available in the 2013 DRPP Overview. Photo source: Harvard University.
Buildings account for 40% of our nation’s electricity use. In 2012, power plants spewed about 2 gigatons of global warming pollution into our air, which was about one-third of total U.S. emissions. That’s why EDF and the U.S. Green Building Council (USGBC) teamed up to launch the Demand Response Partnership Program (DRPP) aimed at increasing the participation from commercial buildings in host utility demand response (DR) and smart grid programs. Now, 2 years into the program, the preliminary results of this collaboration are available in our 2013 DRPP Overview.
DR is used to reduce energy use by rewarding utility customers who use less electricity during times of “critical,” peak electricity demand. Through DRPP, we leveraged relationships with the building community asking LEED projects to operate in low power mode when the grid is stressed. LEED ‘Pilot Credit 8: Demand Response’ has been developed as an incentive and implementation guideline.
This study evaluated three areas to measure the program’s success in 2013: Recruitment and outreach to potential participants, research and analysis of data from participants, and education about the DRP Program. A few key highlights are outlined in the Overview: Read More
Day 4 of the ongoing hearings on a groundbreaking proposal to reduce air and climate pollution from oil and gas operations in Colorado saw Team EDF pushing back on claims opposition groups have made to try to weaken the proposal.
Leading companies Noble, Anadarko, Encana and DCP also put on strong cases, using their own operational data to show the proposal is cost effective. They should be lauded for their leadership, as should local governments and conservation groups that brought strong analytics to the hearings.
If the proposal is adopted without being weakened, it will eliminate more than 90,000 tons of smog-forming VOCs annually (the same amount produced by all the cars and trucks in Colorado) and more than 100,000 tons of methane, a highly potent greenhouse gas.
Posted in Air Quality, Climate, Colorado, General, Methane, Natural Gas
Tagged Climate, climate change, Colorado, environment, fracking, Methane, Natural Gas