Energy Exchange

In NJ Settlement, EDF Fights to Strengthen the State’s Energy Infrastructure

By John Finnigan / Published: June 5, 2014

By Jukka Isokoski via Wikimedia Commons

The recent Energy Strong settlement between New Jersey regulators and Public Service Electric & Gas (PSE&G), the state’s largest utility, should help reinforce vulnerable energy infrastructure ahead of future severe storms. Last month, the Board of Public Utilities (BPU) agreed that customers could fund $1.2 billion in PSE&G improvements to New Jersey’s electric grid to make it more resilient and efficient. As a participant in the case, EDF was encouraged that PSE&G agreed to necessary changes to its grid to protect against more extreme weather events.

PSE&G, which had originally asked for $2.6 billion in storm-related hardening funds, submitted its Energy Strong proposal to regulators in the wake of Superstorm Sandy, which knocked out electricity for a third of homes and businesses in the state for weeks.

The BPU denied EDF and other environmental organizations full intervener status, preventing us from mounting a full case that would have included expert witnesses on proven climate science and the increased likelihood of future superstorms, the pressing need to take aggressive action to make our existing electric and gas distribution grids more resilient, and the need to transition to a smarter, more decentralized energy system. Although our status in the case was limited by the BPU’s decision, we managed to argue for and win some positives for the environment: Read More »

Also posted in Clean Energy, Grid Modernization, Methane, Natural Gas / Read 1 Response

Power Plant Rule a Tipping Point for Clean Energy Economy

By Cheryl Roberto / Published: June 3, 2014

For those of us (and all of you) who’ve been urging the government to implement meaningful climate policy, the release yesterday of a plan to cut carbon emissions from power plants has been a long time coming. But it finally came.

The U.S. Environmental Protection Agency’s proposed carbon pollution rule for existing fossil-fueled power plants – also known as the Clean Power Plan – are a huge win for our climate.

We also think it could go down in history as the tipping point in our nation’s transition to a clean energy economy. Here’s why:

Old, dirty power plants will be retired

The nation’s fleet of coal-fired power plants is the single largest source of carbon pollution in the U.S. and one of the largest in the world. Placing carbon regulations on this source of electricity for the first time in history will transform our energy system. Read More »

Also posted in Clean Energy, Clean Power Plan, Climate, Demand Response, Grid Modernization, Renewable Energy, Utility Business Models / Comments are closed

EPA Hands Over the Keys with Clean Power Plan, California Already on Cruise Control

By Derek Walker / Published: June 2, 2014

EPA’s Clean Power Plan, proposed today, is a roadmap for cutting dangerous pollution from power plants, and as with any map, there are many roads to follow. For this journey, states are in the driver’s seat and can steer themselves in the direction most beneficial to their people and to the state’s economy, as long as they show EPA they are staying on the map and ultimately reaching the final destination.

As usual, California got off to a head start, explored the territory, blazed a lot of new trails, and left a number of clues on how states can transition to a lower carbon future, and California’s successes are one proven, potential model for other states to follow. The state’s legacy of clean energy and energy efficiency progress is a big reason the White House and EPA could roll out the most significant national climate change action in U.S. history. Read More »

Also posted in Air Quality, California, Cap and Trade, Clean Energy, Clean Power Plan, Renewable Energy / Comments are closed

Connecticut’s Green Bank Gives Commercial PACE a $24 Million Boost

By Brad Copithorne / Published: May 28, 2014

Last week, Connecticut’s Clean Energy Finance and Investment Authority (“CEFIA”), the state’s Green Bank, announced the sale of $24 million in loans for clean energy retrofits of commercial properties. The loans were originated through the state’s Property Assessed Clean Energy (PACE) program, which allows property owners to access 100 percent up-front financing for energy efficiency and renewable energy improvements on their buildings. Repayment is attached to a lien on the property tax bill, making PACE loans very attractive assets for investors.

According to Jessica Bailey, Director of PACE for CEFIA, “Connecticut’s PACE program is able to provide financing for commercial property owners to implement money saving clean energy projects. Without PACE, most of these property owners might not have access to attractive financing and these projects would not be completed.” Read More »

Also posted in Clean Energy, Energy Financing, Investor Confidence Project, On-bill repayment, Renewable Energy / Tagged PACE | Read 1 Response

Why You Only Get 25% of the Electricity You Pay For

By Ronny Sandoval / Published: May 28, 2014

What would you say if I told you that about three-quarters of what you spend on electricity every month is wasted? Considering that Americans spend about $350 billion on electricity annually, I hope you’ll find this as shocking as I do.

From generation to delivery to consumption, inefficiencies at every step of electricity’s journey add up to a lot of waste. Fortunately, these same conditions present us with opportunities to substantially reduce inefficiencies and their associated economic, social, and environmental impacts.

Generation: Energy is wasted at the source

Today, the majority of the electricity produced in the United States originates from fossil fuels, including coal and natural gas. According to the United States Environmental Protection Agency, these plants are only about 33 percent efficient, and “two-thirds of the energy in the fuel is lost — vented as heat — at most power plants in the United States.” Read More »

Also posted in Clean Energy, Grid Modernization / Read 2 Responses

Resiliency+: Distributed Generation and Microgrids Can Keep Lights On During the Next Storm

By Michael Panfil / Published: May 22, 2014

Resiliency+ is a new blog series, which highlights the ways in which different clean energy resources and technologies can play an important part in increasing energy resiliency in New Jersey and around the country. Check back every two weeks, or sign up to receive Energy Exchange blog posts via email.

Source: Postdlf

Unlike large, centralized power plants, distributed generation and microgrids create electricity on or near the premises where it can be primarily used. Solar panels on rooftops, for example, are a form of distributed generation: they create electricity that can be used in the same location where the renewable energy is generated. Microgrids are similar – systems that serve a specific energy consumer, such as university campuses, with on-site energy generation that can operate both independently from (i.e. ‘islanded’) and connected to the larger energy grid.

A National Renewable Energy Laboratory (NREL) study found that distributed generation and microgrids, “are integral to energy resiliency.” With the right enabling technology, distributed generation and microgrids have the potential to ‘island’, meaning that they can function separately from the main electricity grid. In other words, in the aftermath of a storm or during a blackout, distributed generation and microgrids are able to keep power running. The importance of this technology cannot be understated. Without it, electricity that has the potential to work during a system-wide blackout – like solar power or energy storage – will be rendered powerless. Distributed generation and microgrids provide the pathway for these clean energy resources to function during and after a natural disaster. Read More »

Also posted in Clean Energy, Climate, Demand Response, Grid Modernization, Renewable Energy / Tagged Energy Storage, Resiliency + | Read 3 Responses