Energy Exchange

How EDF and Chicago are Leading the Way to Energy-Efficient Buildings

By Ellen Bell / Published: January 13, 2015

One degree Fahrenheit.

Yes, that was Friday’s temperature in Chicago.

But instead of thinking about jetting off to a sandy beach in the Caribbean, my thoughts instead turn to a more practical matter. As I look across the Chicago skyline, I wonder how many of these buildings have old, inefficient heating systems.

The good news is that right here in Chicago, some building owners are finding better, more efficient ways to heat — and in balmier times, cool — their properties.

Over the past year, EDF, the City of Chicago, and some of the city’s leading building owners have teamed up to make real progress in cutting energy use and costs.

The results of this partnership have helped Chicago move closer to the goal of the city’s Retrofit Chicago initiative: reduce commercial energy use in participating buildings by 20 percent in five years. The Mayor’s office has set the bar for energy savings, and EDF Climate Corps is providing boots on the ground to get it done. And Chicago’s leading building owners and operators are showing creativity and innovation in taking their energy management to the next level. Read More »

Also posted in Clean Energy, EDF Climate Corps, Illinois / Read 1 Response

What do the ERCOT Reports Really Say About Texas’ Cleantech Market?

By Kate Zerrenner / Published: January 12, 2015

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 »

Also posted in Clean Energy, Clean Power Plan, Grid Modernization, Renewable Energy, Texas / Read 3 Responses

2014: A Positive Sign of What’s to come for Clean Energy

By Cheryl Roberto / Published: January 8, 2015

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 Financing, Grid Modernization, Illinois, Investor Confidence Project, New Jersey, New York, Renewable Energy, Texas, Utility Business Models / Tagged Energy Storage | Read 3 Responses

Investor Confidence Project Gains Momentum in 2014, Poised for Even More Success in 2015

By Victor A. Rojas / Published: January 5, 2015

The Investor Confidence Project (ICP), an EDF initiative designed to unlock investment in energy efficiency, experienced significant momentum in 2014. By gaining support in key states across the country as well as expanding to Europe, ICP laid the groundwork for even more successes in 2015.

Through ICP, EDF is accelerating the development of a global energy efficiency market by standardizing how energy efficiency projects are developed and energy savings are calculated.

In virtually all established markets, from car loans to home mortgages, standardization in how projects are structured and documented has helped to accelerate underwriting and create a vibrant secondary market, reducing long-term liability and spurring investment. The potential energy efficiency market is estimated at $1 trillion, but in order to realize a fraction of this market, the energy efficiency industry will need to leverage standardization to scale to this level. Read More »

Also posted in Clean Energy, Energy Financing, Investor Confidence Project / Comments are closed

Amid Global Efforts, New York Plants Seeds for Energy Reform in 2014 That Will Bloom in 2015

By Rory Christian / Published: December 29, 2014

In the future, when we look back on 2014, I believe it will be remembered as the tipping point for climate action. In the Northeast, we’ll remember the devastating early-season snowstorm that caused over a dozen deaths. In the Southwest, many will remember the third-straight year of a drought that seems without end. And, nationally, many will remember 2014 as one of the hottest years in recorded history – the hottest since 2010 and the 11^th time the record for hottest year has been set since 1998.

In a year punctuated by extreme weather across the country and the globe, 2014 will also be remembered as the year when seeds of coordinated global action to address climate change first took root. The federal Clean Power Plan, the Lima Climate Agreement, the United Nations Climate Summit, and the U.S.-China Climate Accord, among other major milestones, all highlight the growing awareness and importance of taking action to address climate change. Though many view these events as tentative first steps, they are nonetheless steps in the right direction.

Action at the national level has been long overdue and support for the Environmental Protection Agency’s proposed Clean Power Plan, which would set the first-ever national limits on carbon pollution from existing power plants, is borne from decades of work at the local level. The historical absence of a broader national agenda has spurred cities and states to act on their own, and local authorities are continuing to make significant, innovative strides forward. Read More »

Also posted in Clean Energy, Grid Modernization, New York, Utility Business Models / Read 3 Responses

Utility 2.0: What are Utilities Doing to Meet New York’s Vision for a 21st Century Energy System?

By Abbey Brown / Published: December 19, 2014

Since the New York Public Service Commission (Commission) opened its Reforming the Energy Vision (REV) proceeding in the spring to modernize the state’s electricity system, a lot has happened. Namely, New York utilities are already working to align themselves with the broad objectives outlined in the REV proceeding. Here is an overview of efforts by the state’s big players:

CON EDISON – Brooklyn/Queens Demand Management Program

Growth in electricity demand in parts of Brooklyn and Queens is taxing infrastructure and will require action from Con Edison to ensure reliability. Con Edison could pursue a costly $1 billion substation upgrade to meet this rising demand. Instead, the utility is slashing needed investment by half and plans to invest around $500 million – $305 million in traditional utility investments and $200 million clean energy resources – to address the area’s growing energy needs as part of its Brooklyn/Queens Demand Management program. Measures include:

Demand Response (a tool that pays customers to conserve energy when the electric grid is stressed): A new demand response system from energy services provider Alstom, which would allow 3.3 million customers to be compensated for the value they provide to the grid.
Energy Storage: Battery-based energy storage for electricity produced when electricity demand is low (off-peak hours) for use when demand is high (peak periods), easing the burden on the electric grid at those times.
Microgrids (which generate electricity nearby or on-site where it’s consumed): The development of microgrids to improve resiliency and enable the aforementioned demand response system.
Electric Grid Resilience and Optimization: Expanded use of smart meters, which provide detailed electricity use data throughout the day, will improve response time to power outages and give customers more control over their energy usage.

Also posted in Clean Energy, Demand Response, New York, Renewable Energy, Utility Business Models / Tagged Energy Storage, microgrid, Reforming the Energy Vision | Read 2 Responses