Energy Exchange

Moment of truth arrives for California legislators as clean energy bills clear final amendment hurdles

By Tim O'Connor and Lauren Navarro

The California legislative session closes this Friday, and two important pieces of clean energy and climate legislation (AB 813 and SB 100) hang in the balance.

After months of negotiations and amendments, AB 813 is in the California Senate and is ready for Senate President pro Temp Toni Atkins to assign it to a vote. SB 100 has already passed the Senate and is being considered in the Assembly. Lawmakers should pass both and supercharge the region’s clean energy efforts.

One of the biggest reliability and air quality initiatives in the West, AB 813 would create a regional electric grid and empower Western states to buy and sell more clean energy with each other. That would be good for clean energy efforts in each state, but it would be particularly helpful in California, where we could export our excess clean energy instead of wasting (or curtailing) it. As a result, the region would rely less on local fossil fuel plants to power homes and businesses.

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Posted in General / Comments are closed

How New Jersey can finance its bold new clean energy targets

By Dakota Gangi and Mary Barber

On May 23, New Jerseyans scored a major economic and environmental victory when Governor Phil Murphy signed a groundbreaking law that will soon make the Garden State an even greener one. The Board of Public Utilities (BPU) has initiated a proceeding that will establish a community solar pilot program within one year of the bill’s signing. Low-income and multifamily households will be able to earn credits on their electric bills for purchasing power from a shared solar array. In just ten years, half the state’s power will come from emissions-free renewable resources, and New Jersey will boast the highest amounts of energy storage and offshore wind in the United States. New Jerseyans can expect clean air, electric bill savings, and the creation of many local and lucrative job openings.

These groundbreaking targets can bring about significant economic growth, especially if New Jersey utilizes a multitude of green financing tools to achieve its goals. The BPU will ensure the state is on track to meet its clean energy goals, as it is putting in place rules and regulations to attract investment. Now, New Jersey should create a green bank to add to its arsenal of green investment mechanisms and to fill the clean energy financing gap identified in EDF’s December 2017 report, Financing New Jersey's Clean Energy Economy: Pathways for Leadership.

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Posted in Clean Energy, Energy Financing, General, New Jersey / Read 1 Response

A regionalized energy grid creates a home for California’s wasted renewables

By Andy Bilich, Lauren Navarro

These days, California’s renewable energy records are regularly broken.

During the summer solstice on June 21, California utility scale solar power set a generation record with solar producing equivalent to about 16 percent of all electricity consumed during the day.

And earlier this year, on April 27, California set two renewable energy records for both instantaneous solar generation: about 10.5 gigawatts), and instantaneous renewable generation: 73 percent of the state’s total electricity demand came from renewable energy.

With renewables deployment poised for more growth, it’s likely even these new records will be surpassed sometime soon. However, to ensure the state’s investment in clean energy is put to use, and not wasted, California has some work to do. Read More »

Posted in California, Clean Energy, Regional Grid, Solar Energy, Wind Energy / Comments are closed

In Permian, company leadership and state standards are critical for reducing oil and gas methane emissions

By Jon Goldstein and Colin Leyden 

This May, ExxonMobil, the world’s largest publicly traded oil and gas company, announced targets to limit methane waste from its global operations. We’ve also seen commitments to cut methane from a range of leading companies like BP and others.

But as more companies step forward with methane targets, it begs the question: Is voluntary action from companies enough to move the needle on methane? A look at what could become the world’s largest oil field points to the answer being a solid no. Read More »

Posted in Climate, Methane, Natural Gas, New Mexico, Texas / Comments are closed

New Mexico oil and gas rules put water resources, communities at risk. Here’s how they can be improved.

By Jon Goldstein and Dan Mueller

Water is New Mexico’s most precious and limited resource, but new rules proposed by the New Mexico Oil Conservation Commission (NMOCC) fall short in efforts to better protect it.

In the face of increasing temperatures and shrinking water supplies, the state needs to be doing more – not less – to safeguard its future health and prosperity. That means strengthening the rules that protect land and water resources from the negative impacts of oil and gas operations. Read More »

Posted in Natural Gas, New Mexico, produced water, produced water, Water / Comments are closed

East Coast meets West Coast style – how 2 states are advancing clean energy

By Rory ChristianLauren Navarro

Cities and states are taking the initiative to address climate change independently from the federal administration. With unique political contexts and environmental needs, each local authorities’ policies address specific climate challenges.

California’s new landmark mandate, requiring solar panels on new home constructions, and New York’s ongoing Reforming the Energy Vision (REV) initiative, illustrate just how different paths can lead to accomplish the same intent: to fight climate change.  They are also indicative of how elected officials are prioritizing energy, infrastructure, and housing in their planning.

The longer states wait to take action to set or meet environmental goals, the more expensive their efforts will become. More importantly, the delay can affect the economic and health benefits from new jobs and lower emissions that improve residents’ quality of life.

New York and California are well positioned because they’ve capitalized on emerging trends by addressing legal and regulatory issues in ways other states have yet to do. Let’s take a look at their approaches and challenges. Read More »

Posted in California, Clean Energy, Electric Vehicles, Electricity Pricing, Energy Efficiency, Energy Innovation, New York, New York REV, Solar Energy / Comments are closed