EDF’s Innovators Series profiles companies and people across California with bold solutions to reduce carbon pollution and help the state meet the goals of AB 32. Each addition to the series will profile a different solution, focused on the development of new technology and ideas.
By: Anna Doty, West Coast Policy Associate
Emily Kirsch calls herself a “solar-lifer.” Kirsch came onto the solar scene by way of former Obama advisor Van Jones’ green jobs campaign in Oakland. Now, as the co-founder and CEO of Oakland-based SfunCube—the world’s only solar-exclusive start-up business accelerator—Kirsch is growing California’s clean economy in an entirely new way and she knows the future of solar is bright.
Nestled in the heart of downtown Oakland, SfunCube—Solar for Universal Need—is supporting a growing “solar ecosystem” of the most promising solar startups that are making the San Francisco Bay Area the nation’s epicenter for solar innovation and entrepreneurship. Recently, I had the opportunity to talk with Emily Kirsch and some of the solar pioneers who are working at SfunCube to make universal access to solar a reality in California, throughout the US, and around the world.
In California today, there are over 1,889 solar companies that are part of the solar supply chain, creating more than 50,000 jobs—roughly a third of all the solar jobs in the country—and that is no coincidence. Read More
Why invest? To make money.
People don’t invest in an industry to save the world or promote a cause; they invest because they believe the amount they put in will ultimately be returned to them as a much greater sum.
You’ve got to spend money to make money and, when it comes to clean energy, there is a lot of money to be made. Here are five reasons clean energy investment will continue its positive performance in 2015 and beyond.
1. Clean energy investment has been – and continues to be – on the rise
Recent buzz around clean energy investment has centered on a new Bloomberg New Energy Finance (BNEF) report detailing the global clean energy industry’s strong 2014 investment results, results that even “beat expectations”. While 2004-2014 saw an extended recession and high unemployment for the global economy, clean energy investment grew five-fold during those 10 years, up from $60.2 billion in 2004 to an impressive $310 billion this past year, according to BNEF. Read More
Business leaders have long agreed on the “why” of environmental management: seeing the value in increased profits, reduced waste, and a smaller carbon footprint. But the “how” has often been the stumbling block.
Two case studies released today from adidas Group and the Housing Authority of the City and County of Denver (DHA) help to answer that question, detailing energy management strategies that deliver tremendous value and are great examples for other organizations to follow.
The adidas Group tackled the dual challenge of improving efficiency in existing distribution centers as well as when specifying material handling equipment in new facilities. Recognizing that only reducing upfront costs during design won’t optimize efficiency over the long term, the adidas Group is now analyzing the lifecycle cost of conveyer belts and other equipment. See the full case study here. Read More
The Electric Reliability Council of Texas (ERCOT), which manages 90 percent of Texas’ electric grid, has been busy. In the last two months of 2014, the agency released two very lengthy reports examining the future of a lower-polluting power grid in light of upcoming EPA clean air protections, in particular the Clean Power Plan. As the media described it, the reports did not provide the rosiest of outlooks for costs to Texans or electric reliability. But I think they are looking at the reports the wrong way.
The electric grid is changing. Innovative technologies – many of which are created right here in Texas – are lowering electricity bills and increasing energy independence. They are disrupting the way we produce and use electricity and they are changing the way ERCOT looks at grid reliability – albeit not in these two reports.
Cleantech entrepreneurs are at the helm of deciding Texas’ (and, let’s face it, America’s) energy future. And there are quite a few market opportunities outlined in the reports, if you look closely. Here are a few hidden in the report, plus other trends to keep an eye on: Read More
The New Year is a time for reflection, beginning with a look back on the previous 12 months and all that they brought. A quick scan of the U.S. climate and energy news in 2014 will tell you it was a very big year.
The Environmental Protection Agency (EPA) proposed the first-ever limits on carbon pollution from power plants, the U.S. and China struck a historic climate deal, and Tesla broke ground in Nevada on the largest advanced automotive-battery factory in the world – a move that’s expected to slash the cost of lithium ion batteries by a third. At the same time that these important national and international advancements were grabbing headlines, Environmental Defense Fund (EDF) and our partners were working together to incrementally transform the U.S. electricity system by rewriting outdated regulations, spurring energy services markets, and modernizing our century-old electric grid.
The U.S. is on the verge of a revolution in the way we make, move, and use energy. And, having spent years working on governmental and regulatory matters related to our power system and lessening its impact on the environment, I can honestly say there has never been a more exciting time to be in this field. Here are a few of the moments that were near and dear to our hearts over the past year, developments I see as a sure signal 2015 will be another epic year for clean energy. Read More
Also posted in Clean Energy, Demand Response, Energy Efficiency, Energy Financing, Energy Storage, Illinois, Investor Confidence Project, New Jersey, New York, Smart Grid, Texas, Utility Business Models
North Carolina’s ranking of #3 in the country for solar energy investment is receiving national attention and prompting some states in the Southeast to ask, "What is North Carolina's secret?"
The answer: clean energy policies that give solar companies the business certainty they need to make investments.
The North Carolina Utilities Commission did just that in an important ruling last week that keeps standard solar electricity purchase agreements in place. These contracts between utilities and solar developers typically last 15 years and cover solar projects up to five megawatts. They can make all the difference in whether a solar project is built and in a solar developer’s ability to grow and hire new workers.
Duke Energy and other North Carolina utilities sought to weaken the terms of these standard agreements, which are set by the Utilities Commission. The utilities asked the Commission to abandon requirements that they enter into long-term agreements with solar developers and sought to eliminate the ability of larger solar projects to participate. Read More