Selected category: Utility Business Models

How ‘Energy Week’ could learn from state clean energy leaders

President Trump’s administration dubbed last week “Energy Week,” including a theme of “energy dominance.” Instead of exploring America’s clean energy potential, we’re waiting for the July release of a report by the U.S. Department of Energy (DOE) examining whether the early retirement of power plants and impact on grid reliability can be blamed on requiring coal plants to reduce pollution while incentivizing clean energy sources. Taken together, and with the fact that the president pulled the country out of the Paris Agreement, America’s energy agenda gives me pause and cause to worry.

We don’t yet know what the DOE report is going to say, but judging from Secretary of Energy Rick Perry’s past stance on energy and his latest statements on the matter, it could suggest that the coal industry that has long-been economically uncompetitive due to oversupplied, cheap natural gas, could be propped-up to spew toxic emissions into the future.

Here is the reality: climate change is not a political issue; it is the single greatest threat we face as a generation. Clean energy is our best option to prevent the environmental situation from getting worse because it is at the core of every climate issue. Fortunately, Americans agree on this, and know something must be done. Read More »

Also posted in Clean Energy, Energy Efficiency, New York, New York REV| Read 2 Responses

This city has impressive clean energy potential, but its utility is trying to block solar’s growth

The list of solar power’s benefits goes on and on.

Solar doesn’t pollute or waste water. Solar is getting cheaper every day, making it an increasingly affordable option for people to produce their own electricity and save money on their electric bills. The solar industry is employing thousands of people across Texas. And numerous studies show solar helps keep the electric grid balanced and reliable. What’s not to like?

Well, some utilities see customer-owned solar power as a threat to their profits – and want to stop its growth.

That’s why El Paso Electric has a new proposal that discriminates against homes and small businesses with solar panels. This proposal unfairly penalizes people who install solar, limits customer choice, and works against sunny El Paso’s impressive solar potential. Let’s break down the details. Read More »

Also posted in Clean Energy, General, Solar Energy, Texas| Read 2 Responses

Don’t buy Perry’s reliability ruse. His fake study is pro-coal propaganda.

Energy Secretary Rick Perry’s so-called grid reliability study will be nothing more than thinly-veiled propaganda for the coal industry and a tool to justify expensive government handouts to outdated power plants.

How do we know? The tactic is ripped straight from FirstEnergy’s well-worn subsidy playbook.

The Ohio-based utility has relentlessly sought a massive, customer-funded bailout to prop up its unprofitable power plants. It repeatedly tried using reliability as an excuse for subsidies, while the regional grid operator repeatedly declared there would be plenty of generation to keep the lights on without FirstEnergy’s old power plants.

The reliability justification hasn’t worked for FirstEnergy, and it won’t work for the pro-coal Trump administration. The reality is, a 21st-century energy system won’t be based on old, lumbering coal plants. Instead, modern energy technology means we can build a cleaner, more flexible, and reliable electric grid. Read More »

Also posted in Clean Energy, FirstEnergy, Ohio| Read 1 Response

What’s next for NextGrid – Illinois’ ‘Utility of the Future’ process

Many experts anticipate the electric utility industry evolving more in the next 10 years than it has in the past 100.

So noted the Illinois Commerce Commission (ICC), when it recently initiated the “NextGrid” Utility of the Future Study. NextGrid is a statewide, collaborative effort to rethink the roles of the utility, the customer, and energy solution providers in a 21st-century electric grid.

The ICC invited stakeholders to participate in NextGrid, welcoming suggestions for how the process should work. Environmental Defense Fund (EDF), partnering with the Citizens Utility Board (CUB), recommended NextGrid ensure that upcoming technological advances enable a more dynamic grid – one that is cleaner, affordable, reliable, equitable, and more responsive to customer needs. But how do we get there? Read More »

Also posted in Clean Energy, Illinois| Comments are closed

This Earth Day, 100 percent clean energy is 100 percent possible

More than 25 U.S. cities, 12 countries, and at least 89 companies have all committed to transition to 100 percent renewable energy. That’s because they all recognize the unstoppable potential clean energy has to create jobs, strengthen and protect the economy, and fight climate change.

Now, U.S. states are throwing their hats into the 100-percent renewable ring. California and Massachusetts have proposed plans to get there, while Hawaii has made the pledge. This 100-percent dream does not come from fantasy, but is actually the result of a number of coalescing factors.

Earth Day is our time to recognize what’s more: With the right mix of clean energy technologies and solutions, 100 percent renewable is 100 percent possible.

100 percent is possible

Cost competitive and scalable renewable energy has taken off over the past 10 to 20 years. The hungry solar market in California for example, has resulted in exponential growth of utility-scale and rooftop solar over the last decade, creating over 150,000 jobs throughout the Golden State.

Recently, California powered 40 percent of its midday energy demand with solar power. A steady stream of policy actions at the state and local level – timed with the dramatic drop in costs of renewables – have helped make this possible. Across the U.S., current RPS policies alone could result in these benefits:

  • Renewables contributing 40 percent of total electricity generation in the U.S. by 2050;
  • Reducing climate change-causing greenhouse gases and harmful air pollutants like SOx and NOx (which together form ozone) by 6 percent; and
  • An almost 20 percent increase in jobs.

The bold inspiration, urgency, and benefit of 100 percent renewables is without question, but the pathway for getting there is less clear and will vary by state and region. Read More »

Also posted in California, Clean Energy, Electricity Pricing, Grid Modernization, Solar Energy, Time of Use| Comments are closed

Why We Still Need America’s Nuclear Power Plants — At Least for Now

Today’s American nuclear power industry is in a state of upheaval. Four new, large-scale nuclear power plants are under construction in the United States, helped by large federal subsidies. All are being built by Westinghouse, and all have faced massive cost overruns and delays. Westinghouse’s parent company, Toshiba, recently posted a $6 billion loss due to Westinghouse’s nuclear woes. (For context, that loss is half a billion more than Toshiba spent to buy Westinghouse a decade ago.) Westinghouse filed for bankruptcy protection on March 29.

Westinghouse’s bankruptcy shines a spotlight on nuclear power’s role as an electricity source – currently providing about 17 percent of our electricity in the U.S. – and raises issues concerning whether we can count on low-carbon electricity from nuclear power. The Energy Information Administration projects nuclear power’s share of electricity generation will decline slightly through 2040, but these projections don’t reflect current trends.

Existing plants face challenging economics

Nuclear plants have long been very expensive to build, and the continued low price of natural gas has only increased cost pressure. Many nuclear plants are losing money, leading utilities to consider retiring them. Total nuclear capacity is declining, and will continue to decline in the near future as plant retirements exceed the capacity of Westinghouse’s Vogtle and Summer plants, expected to come online in 2019-2020. Read More »

Also posted in Clean Energy, Illinois, New York| Read 7 Responses
  • About this Blog

    EDF Energy Exchange - Accelerating the clean energy revolution

    EDF's energy experts discuss how to accelerate the transition to a clean, low-carbon energy economy.

    Follow EDFEnergyEX

  • Get new posts by email

    We'll deliver new blog posts to your inbox.

    Subscribe via RSS

  • Categories

  • Authors