Selected category: Energy Efficiency

Here’s how New Jersey can capitalize on its best clean energy investment opportunities

Governor-elect Phil Murphy’s clean energy agenda has the potential to be a game-changer for New Jersey. His influence can position the state to regain its leadership in the fight against climate change, and create a clean energy economy that will lead to more jobs, and improve the health and well-being of all New Jerseyans.

To capitalize on this opportunity and achieve the state’s goals of clean, resilient, and affordable energy and transportation systems, we need to build on the progress we’ve made with new policies and programs that will allow the adoption of renewable energy technologies, energy efficiency, and clean transportation infrastructure at scale.

With New Jersey’s many competing investment needs, how will we pay for a much needed clean energy transformation? Public funds, whether from tax payers or utility customers, are not enough. EDF’s latest report, Financing New Jersey's Clean Energy Economy: Pathways for Leadership, analyzes three innovative financial approaches that leverage public resources to catalyze private investment in these technologies. Read More »

Also posted in Clean Energy, Electric Vehicles, Energy Financing| Leave a comment

New Jersey’s new governor campaigned on a robust clean energy plan. Let’s get started.

The election of Phil Murphy as New Jersey’s next governor represents an opportunity for the state to adopt technologies that will make our electric grid more efficient and permit the integration of large amounts of renewable energy, as well as provide customers with the ability to better manage their energy use and save money.

The Governor-elect’s agenda includes a robust clean energy plan, including goals to power 1.5 million homes with offshore wind by 2030; add 600 MW of energy storage by 2021, and 2000 MW by 2030; and to increase energy-efficiency investment.

Governor-elect Murphy is well-positioned to achieve his goals, as New Jersey is abuzz with clean energy activity from both the public and private sectors. Here’s a sampling. Read More »

Also posted in Clean Energy, Electric Vehicles, Grid Modernization, New Jersey| Comments are closed

Give Ohio a real chance to win the Amazon HQ2 bid by keeping state clean energy standards intact

Last year, Ohio lawmakers tried to gut the state’s clean energy standards, which had created thousands of jobs and saved Ohioans over $1 billion on their electricity bills. They almost succeeded, until Gov. John Kasich stood up for Ohio’s clean energy economy and vetoed the harmful bill.

Now state legislators are back with a new bill – House Bill 114 – that has the same agenda: Destroy Ohio’s renewable and energy efficiency standards.

By requiring electric utilities to lower energy-use and sell increasing amounts of renewable electricity, these standards send a signal to the investment community that Ohio is open for business. And businesses want clean energy – Amazon, for example, frequently decides where to locate its data centers and other facilities based, in part, on the availability of clean energy. The internet giant is currently looking for a site for its second headquarters (or HQ2), and Cleveland and Cincinnati are both in the running.

If Ohio legislators are serious about winning the estimated 50,000 jobs associated with Amazon’s new HQ2, the lawmakers should maintain the clean energy standards and reject House Bill 114. Read More »

Also posted in Clean Energy, Ohio| Comments are closed

How utilities can enter the energy-saving business this Energy Efficiency Day

Today is Energy Efficiency Day in the U.S. As someone who’s advocated for energy efficiency for nearly a decade, I’m glad to see the resource celebrated. Efficiency, from LED lightbulbs to insulation, is the most critical energy resource we have – energy we don’t use is our cleanest and cheapest option.

So, why isn’t everyone jumping on the efficiency bandwagon? In part it’s because utilities don’t usually encourage customers to save electricity. Electric companies make money by selling more electricity, so they’re reluctant to reduce use and their profits.

Nevertheless, utilities are logical places for energy efficiency programs, given their electricity relationships with customers.

Many states have efficiency goals that require utilities to invest in efficiency programs for customers, but much more could be done if the utility business model were reformed to align utility incentives with customer energy efficiency. Fortunately, several states across the country are reimagining the role of electric utilities in America’s 21st-century energy system, which could unlock efficiency’s potential. Read More »

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Pilot program will use data to transform the efficiency of Chicago buildings

Over the past few years, Chicago has established itself as a leader in energy-efficient buildings.

The city’s landmark energy benchmarking program, for which properties measure and report on their energy use, has already saved Chicago over $17 million, while supporting high-paying jobs and healthier air. Relatedly, for the second year in a row, Chicago had the highest percentage of buildings with LEED certification (the most widely-used green building rating system in the world).

Industry pioneers have worked hard to make each building’s equipment as efficient as possible. The next opportunity is to work with those innovators to determine, how do we get the teams that use the equipment to make more energy-efficient decisions every day?

Environmental Defense Fund (EDF), in partnership with local utility ComEd and the Accelerate Group, is building on Chicago’s leadership to find a solution by launching the Smart Building Operations Pilot. An innovative program that uses real-time energy data to incentivize energy-efficient choices, the pilot aims to inform the day-to-day decisions of equipment operators at 10 large Chicago buildings. Read More »

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The energy sector needs to adapt to millennials—not vice versa

By Elizabeth Villedrouin, Communications Intern, Clean Energy and Kristen Moore, Research Intern, Clean Energy

As interns at Environmental Defense Fund (EDF), we’ve been tapped as resident experts on surviving on college budgets, social media, and all things Millennial.  Research tells us Millennials are the largest living generation. So, as Clean Energy interns this summer, we’ve learned that gives us much power to change the game for the energy sector. But in unexpected ways.

As young people, we’re working at EDF because we want to promote systemic, market-based solutions and new technologies that shift our country toward clean energy and away from our fossil fuel past (did someone say solar paint?).

We have high standards for our energy future, and our priorities differ from our parents’ (for example, millennials tend to value careers [PDF] over religious life). And although we’re the thriftiest generation, 64 percent of us are actually willing to pay more on our electric bill if it’s generated by clean energy. Read More »

Also posted in Clean Energy, Energy Equity, Energy Financing, Energy Innovation, General, Grid Modernization| Read 5 Responses
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