Author Archives: EDF Blogs

Clean energy is lowering electric bills in North Carolina – but this solar trade war could reverse that trend

By Dionne Delli-Gatti, Director, Southeast Clean Energy

North Carolina’s in the middle of a clean energy boom, but the looming threat of an international trade war may leave the state’s incredible success story a few chapters short.

Over the last few months, two floundering solar manufacturers petitioned the U.S International Trade Commission (ITC) to take action against foreign competitors. These companies want the United States to levy tariffs on imported solar products because they can’t match the cheaper prices. Recently, the ITC agreed with the companies’ complaint and recommended to President Trump a 30 percent tariff.

President Trump will decide this month what to do – he can follow the ITC recommendation, but, by law, doesn’t have to. He should reject the tariffs, so North Carolina’s clean energy economy can continue to thrive. Read More »

Posted in North Carolina, Solar Energy| Leave a comment

Methane management is risk management

By Kate Gaumond, Analyst, EDF+Business 

When I worked on the trading floor at Goldman Sachs, one of the major services we provided our corporate clients was risk management. Sitting on the commodity desk, we bought and sold financial products that allowed the world’s biggest consumers and producers to manage their exposure to the often fluctuating price of natural resources like aluminum, crude oil, and natural gas. Companies take action to manage this price risk in order to provide long-term stability for the company and its investors.

Now as a member of the EDF+Business team, I focus on a different kind of risk: climate risk. And just like financial risk, it needs to be managed for the long-term benefit of all stakeholders involved.

Methane Risk is Climate Risk

Investors are catching on, recognizing that information about climate risk is vital to maintaining robust portfolios of well-managed companies. And for investors to be serious on climate, they have to be serious not just on carbon dioxide, but on methane as well. Read More »

Posted in Methane, Natural Gas| Comments are closed

Microgrids can help prevent extreme power outages, and cities are taking notice

By Ellen Shenette, manager, EDF Climate Corps

This year, the Atlantic basin had eight consecutive storms develop—the first time in 124 years. The storms—and by storms I mean big storms—have had catastrophic effects on families, communities and the economy at large. Millions of people were left powerless, access to clean drinking water was compromised and homes were destroyed. It will take decades for the country to recover from this devastation, and hurricane season is only halfway over.

And as the intensity of these storms increases, so do their price tags. Together, hurricanes Harvey, Irma and Maria, which hit the U.S. earlier this fall, are estimated to cost $150-$200 billion in combined destruction. This is an enormous blow to the economy and to tax payers’ wallets.

To those of us on the east coast, this sounds awfully similar to destruction caused by Hurricane Sandy, which hit New York City and New Jersey hard this time five years ago. That’s why it’s important to ask: could the devastation have been avoided, or at least reduced? Read More »

Posted in Clean Energy, Grid Modernization, New York| Leave a comment

Department of Energy's proposal to FERC: Too many costs, no actual benefits

By Natalie Karas, Michael Panfil, and Rama Zakaria

Department of Energy (DOE) Secretary Rick Perry recently proposed that the Federal Energy Regulatory Commission (FERC) provide new revenues and guaranteed profits to the owners of inefficient and aging coal and nuclear power plants at the expense of American homeowners and businesses. These aging units are losing out to more efficient and innovative ways to generate power, reduce peak demand, and foster participation and competitive in the markets. EDF filed comments – separately and with a coalition of environmental organizations – today opposing DOE’s proposal to diminish, if not destroy, the integrity of competitive wholesale electricity markets.

The proposal is plagued by both procedural and substantive infirmities. It prevents informed outcomes by shortening FERC’s generally lengthy rulemaking process to a mere 60 days – offering little time for key stakeholders to participate. And it directs an independent, fuel-neutral federal agency to bankroll favored companies and energy sources under the guise of “resiliency,” a term the proposal does not define, applied to a problem that does not exist. In fact, a study released today shows “no clear relationship” between increased reliability and more coal and nuclear power. Read More »

Posted in Clean Energy, Electricity Pricing, Grid Modernization| Comments are closed

Innovative satellite launched for monitoring global methane and air quality

By Ritesh Gautam and Steven Hamburg

Artist’s rendition of TROPOMI onboard Sentinel-5P satellite. Source: European Space Agency.

Last Friday, the European Space Agency Sentinel-5p satellite went into orbit above the earth. Onboard is an imaging spectrometer instrument called TROPOMI, led by SRON (Dutch Space Agency) and KNMI (Royal Netherlands Meteorological Institute) to monitor the amount of methane, ozone and other air quality-related pollutants in the atmosphere.

There has been quite a buzz around this unique advancement in space, and the valuable data it will provide on methane, a powerful greenhouse gas that accounts for a quarter of the warming our planet is experiencing today. Curbing anthropogenic methane emissions is one of the most efficient and economical options available to slow the rate of warming over the next few decades, while efforts continue to reduce CO2 emissions worldwide.

Detecting methane from space

Methane sources include both natural and manmade emissions from livestock, agriculture, oil and gas operations, and landfills. These sources are distributed around the world and vary widely at local, regional and temporal scales—which makes it challenging to quantify emissions from diverse sources. Read More »

Posted in Climate, Methane, Natural Gas| Comments are closed

Climate and clean energy progress continues in spite of Clean Power Plan repeal rumors

By Charlie Jiang

According to news reports, Environmental Protection Agency (EPA) Administrator Scott Pruitt is planning to start the process of repealing the Clean Power Plan very soon.

This seriously flawed and misguided effort would be a dangerous step backwards for public health and climate protections.

However, as the Trump Administration continues to unravel these protections, the transition to a clean energy future is accelerating. States, cities, and power companies are responding to the ongoing attacks by forging ahead with ambitious actions to slash carbon pollution in order to respond to the threat of climate change and accelerate the clean energy revolution. Read More »

Posted in Clean Energy, Clean Power Plan| Comments are closed
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