By: Emily Reyna, Senior Manager, Partnerships and Alliances
Clean energy and clean tech sound exciting, but most people don’t see these businesses as a major part of our economy, especially when traditional fossil fuels rule at the pump.
But thanks to policies like California’s Low Carbon Fuel Standard and cap and trade, more and more businesses are giving us options when we need to get from point A to point B, and they form an increasingly important source of economic growth in the state. From cars running on used vegetable oil (biodiesel) to cars you can plug into your house, new and exciting innovations are fast coming to market.
The new interactive Green Roads Map that EDF created in partnership with CALSTART, Environmental Entrepreneurs (E2), and the Natural Resources Defense Council, shows that we have many emerging options for our cars and transportation fleets, and that clean transportation is a flourishing industry in California.
The Green Roads Map is more than just a collection of dots – the map presents an important picture of the investors, researchers, producers, and salespeople who are transforming our economy and transportation system today. Read More
This blog post was co-authored by Kate Zerrenner, an EDF project manager and expert on energy efficiency and climate change.
On June 2, the U.S. Environmental Protection Agency made a historic announcement that will change how we make, move and use electricity for generations to come.
For the first time in history, the government proposed limits on the amount of carbon pollution American fossil-fueled power plants are allowed to spew into the atmosphere.
There are two clear winners to comply with the plan while maintaining commitment to electric reliability and affordability: energy efficiency and demand response.
We’re already seeing pushback from some of our nation’s big polluter states, such as West Virginia and Texas. But the truth is that while the proposed limits on carbon are strong, they’re also flexible.
In fact, the EPA has laid out a whole menu of options in its Clean Power Plan – from power plant upgrades, to switching from coal to natural gas, and adopting more renewable energy resources. States can choose from these and other strategies as they develop their own plans to meet the new standards.
That said, there are two clear winners on the EPA’s menu that offer low-cost options for states that seek to comply with the plan while maintaining their commitment to electric reliability and affordability: energy efficiency and demand response. Read More
EPA’s Clean Power Plan, proposed today, is a roadmap for cutting dangerous pollution from power plants, and as with any map, there are many roads to follow. For this journey, states are in the driver’s seat and can steer themselves in the direction most beneficial to their people and to the state’s economy, as long as they show EPA they are staying on the map and ultimately reaching the final destination.
As usual, California got off to a head start, explored the territory, blazed a lot of new trails, and left a number of clues on how states can transition to a lower carbon future, and California’s successes are one proven, potential model for other states to follow. The state’s legacy of clean energy and energy efficiency progress is a big reason the White House and EPA could roll out the most significant national climate change action in U.S. history. Read More
Wayne National Forest
Up to now, the most popular and cost effective forms of financing solar projects have been leases and Power Purchase Agreements (‘PPAs’), which allow homeowners to install solar photovoltaic (PV) systems on their property and purchase power from the system’s output via a financial arrangement with a third-party developer who owns, operates, and maintains the solar panels.
Unfortunately, these creative financing mechanisms have not generally been available for commercial property owners. The only exceptions were buildings owned (or leased for a very long time) by investment-grade entities such as Google, Walmart, or a state or local government. Most small or medium businesses, office buildings, shopping centers, and apartment buildings could not access financing for money-saving solar projects as investors have been wary of extending 20-year solar financings for most commercial properties. Read More
Yesterday, my colleague Scott Hofmeister described an insurance pool that California has introduced to help communities integrate Property Assessed Clean Energy (“PACE”), a unique program that allows homeowners to finance money-saving clean energy retrofits through their property tax bill. These programs are popular in Sonoma, Orange, San Diego, Riverside, San Bernardino, Kern, and Fresno Counties, and we expect them to spread rapidly throughout the state.
Home Energy Renovation Opportunity (HERO), a residential PACE program run by Renovate America that has partnered with the Western Riverside Council of Governments, has funded over $180 million of clean energy retrofit projects in a little more than two years of operation. These investments are expected to save homeowners more than 2 billion kilowatt-hours, reduce consumers’ utility bills by almost $500 million and avoid more than 1.4 million metric tons of CO2 emissions, or the equivalent of removing almost 300,000 passenger vehicles from the road for a full year. And notably, the HERO program is entirely funded by private investors. Read More
When it comes to protecting the environment and fighting climate change, California has always been a first mover.
Now the state is boldly acting to unleash a new market that saves energy, cuts pollution, and drastically increases clean energy investment for California’s residents.
Last week, California approved a $10 million reserve that will revive the Property Assessed Clean Energy (PACE) program for residential customers.
PACE allows customers to take advantage of energy saving upgrades to their home with no money down. Customers simply use a portion of their savings to pay off the investment over time through their property tax bill. Financing can be entirely provided by private lenders at no cost to taxpayers. Read More
Last week, the California Public Utility Commission (CPUC) finalized an important decision for Southern California’s energy supply following the closure of the San Onofre Nuclear Generating Station (SONGS). The plan emphasizes increased reliance on clean energy in this part of the state – an important step towards a fully realized low-carbon future.
The decision authorized San Diego Gas and Electric and Southern California Edison to procure at least 550 megawatts (MW) of ‘preferred resources,’ which include renewable energy, demand response (a tool that’s used by utilities to reward people who use less electricity during times of “critical,” peak electricity demand), energy efficiency, at least 50 MW of energy storage, and up to 1,000 MW of these resources altogether.
That’s a major step forward, as utilities across the country traditionally rely on large fossil fuel plants to meet regional demand. Read More
Recent numbers from the Intergovernmental Panel on Climate Change (IPCC) show that methane (CH4) is about 80 times more potent than carbon dioxide (CO2) in contributing to climate change over the first 20 years after it is released. Short-lived climate pollutants, like methane, are a large factor in determining how fast our climate will change over the next few decades.
These figures are particularly relevant in California where natural gas (which is about 99.9% methane) is used throughout the economy. For example, natural gas generates much of the state’s electricity through gas-fired power plants, is extensively used for home heating and cooking, and is increasingly being deployed as an alternative fuel for the state’s cars and trucks.
Yet, while California continues to operate and further build out a natural gas backbone in its energy economy, venting and leakage of uncombusted natural gas from pipes and machines can have an environmental impact. In fact, research shows that keeping methane leakage down to a minimum level is the only way to guarantee that the use of natural gas will provide immediate climate benefits, when switching from petroleum products. Read More
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
This commentary originally appeared on our EDF Voices blog.
Source: Peter Lee/Flickr
Earlier this year, Southern California Edison (SCE) permanently retired the San Onofre Nuclear Generating Station (SONGS) after forty years of operation in San Diego County, appearing to put the large-scale power plant firmly in the past. However, much like Ebenezer Scrooge, California is grappling with the specter of SONGS’ past – which may haunt our present and future.
The story of SONGS is not unique to California. As of the end of 2012, 28 nuclear power plants were shut down in the United States – and many more will face the same fate in the near future, as they reach the end of their design life. Thus, a transition to renewables and incentivizing reduced demand– and a refusal to be tied to fossil fuels – is an issue of national importance.
The closure of SONGS has left California at an important crossroads: Continue to lean on fossil fuel energy and build additional combustion power plants– like Marley’s ghost chained to the past – or start shaping the future by using the clean solutions that are available today. Read More