Energy Exchange

Untapped Incentives for Energy Efficiency Projects

By EDF Blogs / Published: December 17, 2014

By: Abraham Weiner, 2013 EDF Climate Corps Alumnus

money present As an EDF Climate Corps fellow back in 2013, one task that was of particular interest to me was figuring out how to help my host organization fund, in whole or in part, its efficiency upgrades. In my research, the most unique funding source I found was the energy efficiency forward capacity market.

This program allows those who invested in energy efficiency over the last several years to go back and obtain additional incentive dollars on top of traditional utility rebates. This is essentially free money for organizations who have invested in efficiency measures. In fact, when I was a fellow, I identified over $50,000 in incentives that my EDF Climate Corps host organization was eligible for from projects completed before I even arrived.

In order to explain how this program works, I need to explain who PJM is and what they do. PJM Interconnection is a regional transmission organization. They coordinate the activity of suppliers, generators, and utilities to maintain an adequate flow of electricity on the grid. Their territory touches 13 states and the District of Columbia, and they are the largest electricity market in the world. They are also unique because they allow energy efficiency to participate in their forward capacity markets. Fortunately, my EDF Climate Corps host organization was in their territory. Read More »

Also posted in Clean Energy / Tagged climate corps; | Comments are closed

Illinois Legislators Pledge Support for EPA’s Proposed Carbon Regulations

By Dick Munson / Published: December 10, 2014

While the Environmental Protection Agency (EPA) sorts through the more than 1.6 million comments received on its proposed Clean Power Plan (CPP), one group is stepping out to pledge its support of the landmark proposal. 53 Illinois legislators recently signed a letter urging the EPA to finalize the plan, which will set limits on carbon pollution from existing power plants for the first time ever.

Power plants currently account for nearly 40 percent of the nation’s carbon pollution and Illinois’s proposed target would result in a 33 percent reduction in the state’s carbon output by 2030. Fortunately, due to impressive state efforts to invest in clean energy over the past few years, Illinois is well-positioned to meet the challenge.

CPP is an economic opportunity

The Illinois legislators argue the CPP will help the state “achieve even greater cuts in our emissions, health benefits for all our citizens, and will spur further growth in our state’s economy.” The CPP will further the state’s transition to a clean energy economy by attracting investment in innovation, creating more jobs, and keeping electricity prices affordable. Read More »

Also posted in Air Quality, Clean Energy, Climate, Illinois, Renewable Energy / Comments are closed

Can Birds and Wind Energy Co-exist?

By EDF Blogs / Published: December 5, 2014

By: Stacy Small-Lorenz, Conservation Scientist, and Jim Marston, Vice President, US Climate and Energy

Climate change will have major impacts on birds and their habitats, according to a recent report from the National Audubon Society. Scientists project climate change will drastically alter and shrink habitats in the U.S. for many bird species. These findings add to mounting evidence that natural systems are at serious risk for climate change impacts, which we must act swiftly to mitigate.

One solution is to adopt more clean, renewable energy. Utilities have been investing in large-scale wind energy farms at an impressive rate, resulting in 127 million tons of avoided carbon dioxide a year in the U.S. – the equivalent of taking 20 million cars off the road.

But a tricky challenge persists in the effort to make our energy system more sustainable overall: large, utility-scale wind energy developments have been known to kill bats and birds and risk fragmenting sensitive habitats. And while wind turbines kill far fewer songbirds than building collisions or cats, raptors and bats are still at risk for turbine collisions. Read More »

Also posted in Clean Energy, Climate, Renewable Energy / Read 2 Responses

Energy Management Can Empower Everyone Regardless of Income Level

By Marita Mirzatuny / Published: December 3, 2014

Source: Verizon

The holidays are upon us. As we prepare to gather with our friends and family, eat too much, and lounge around watching football, many people use this time to reflect on what they are grateful for. Being able to pay one’s electricity bill probably doesn’t make most people’s list, but for many Americans, it might.

The average household spends $1,945 annually on electricity, and homes with the lowest 20 percent of income spent nearly six percent of their income on energy bills. For many households, the cost of energy remains unaffordable. To put it in perspective, compared to middle- or upper-class homes, low-income households spend about twice the percentage of their income on energy. Yet, as Greentech Media points out, “many [energy management] solutions are tailored to the biggest homes, those awash in thousands of square feet of central air with a pool pump. Other solutions are tailored for middle-class homes, such as aggressive rebates for more efficient appliances. Many apartment-dwellers, however, do not own their major appliances.”

The future of smart home, energy-saving technologies is often more focused on affluent, early-adopters who benefit from innovative ways to save energy because they can afford the newest gadgets. Thankfully, these people are using their buying power to lead the way, as more demand will bring prices down for everyone. While it is important for all of us to conserve and better manage energy use, low-income individuals have the most to gain. Yet the technologies that can enable savings are often out of financial reach. Read More »

Also posted in Clean Energy, Grid Modernization, Texas / Tagged Pecan Street | Comments are closed

So, how do we Make Sustainability… Sustainable?

By Michael Panfil / Published: December 1, 2014

Last week the New York Times reported that, for the first time in history, clean energy resources like solar and wind are becoming cost competitive with conventional coal in some markets. This paradigm shift, where clean energy is beginning to compete head-to-head with traditional energy sources, calls for a change in perspective.

This ‘change in perspective’ is a movement toward what I would describe as “sustainable sustainability” – in which “sustainable” means the ability to stand the test of time, and “sustainability” refers to an environmentally responsible approach to making, moving, and using energy. In other words, we must find a way to ensure clean energy resources remain competitive in the marketplace and become ‘business as usual’ resources in the overall energy mix. The International Energy Agency (IEA) does a great job of explaining the need for this shift:

In the classical approach, variable renewables are added to an existing system without considering all available options for adapting it as a whole. This approach misses the point. Integration is not simply about adding wind and solar on top of ‘business as usual’. We need to transform the system as a whole to do this cost-effectively.”

Also posted in Clean Energy, Climate, Demand Response, Renewable Energy, Utility Business Models / Read 3 Responses

Investor Confidence Project San Francisco Event Fires Up Energy Efficiency Professionals

By EDF Blogs / Published: November 21, 2014

By: Matt Golden, Senior Energy Finance Consultant

Last week, EDF’s Investor Confidence Project (ICP) co-hosted an energy efficiency finance networking event in San Francisco, bringing together 70 local project developers, for the first-ever SF Inter-Connect. Held in collaboration with San Francisco Department of the Environment (SF Environment) and Pacific Gas & Electric (PG&E) on November 12 at the SF Environment offices, the event gave each investor, much like in ‘speed dating’, exactly five minutes to pitch the crowd on their products, describing how they worked and what kind of projects the investor was looking for.

The Investor Confidence Project is accelerating the development of a global energy efficiency market by standardizing how Investor Ready Energy Efficiency™ projects are developed and energy savings estimates are calculated. The ICP system offers a series of protocols that define industry best practices for energy efficiency project development and a credentialing system that provides third-party validation. This leads to increased confidence among building owners and investors in the reliability of projected savings. Read More »

Also posted in Clean Energy, Investor Confidence Project / Read 1 Response