Energy Exchange

Solutions for timely interconnection to speed the transition to electric trucks

By EDF Blogs / Published: January 10, 2024

Transportation electrification is accelerating at an unprecedented rate, with nine states adopting the Advanced Clean Trucks rule, which requires manufacturers to produce increasing amounts of zero-emission medium- and heavy-duty vehicles. There are more pathways than ever for MHDV fleets to electrify, as state and federal programs like those within the Inflation Reduction Act are incentivizing the transition by way of grants, rebates and financing. 

To accommodate the vast amount of MHDEVs gearing up to electrify and help fleets get on the road faster, states can take advantage of a range of available solutions to address existing barriers. For example, one of the biggest challenges utilities face is timely interconnection, i.e., connection to the distribution grid, with fleets that require more capacity facing multi-year delays in some states.

The first step in a new industrial revolution: raising the bar for clean hubs

By EDF Blogs / Published: February 2, 2023

By Nichole Saunders

We’re at the threshold of a multi-billion dollar industrial decarbonization revolution that will usher in clean energy projects around the world. Unlike the industrial revolution of 100 years ago, imagine if this next one genuinely considered environmental and public good alongside economic objectives.

Also posted in Clean Energy, Climate / Comments are closed

How New Jersey can finance its bold new clean energy targets

By EDF Blogs / Published: August 24, 2018

By Dakota Gangi and Mary Barber

On May 23, New Jerseyans scored a major economic and environmental victory when Governor Phil Murphy signed a groundbreaking law that will soon make the Garden State an even greener one. The Board of Public Utilities (BPU) has initiated a proceeding that will establish a community solar pilot program within one year of the bill’s signing. Low-income and multifamily households will be able to earn credits on their electric bills for purchasing power from a shared solar array. In just ten years, half the state’s power will come from emissions-free renewable resources, and New Jersey will boast the highest amounts of energy storage and offshore wind in the United States. New Jerseyans can expect clean air, electric bill savings, and the creation of many local and lucrative job openings.

These groundbreaking targets can bring about significant economic growth, especially if New Jersey utilizes a multitude of green financing tools to achieve its goals. The BPU will ensure the state is on track to meet its clean energy goals, as it is putting in place rules and regulations to attract investment. Now, New Jersey should create a green bank to add to its arsenal of green investment mechanisms and to fill the clean energy financing gap identified in EDF’s December 2017 report, Financing New Jersey’s Clean Energy Economy: Pathways for Leadership.

Also posted in Clean Energy, General, New Jersey / Read 1 Response

New report: 5 energy innovations that Ohio can use to attract $25 billion in investment

By Dick Munson / Published: May 29, 2018

Why should Ohio ramp up its investment in energy innovation? More than 20,000 jobs and $25 billion in capital are on the line.

That’s according to a new report that outlines a vision for Ohio’s energy future and economic development. The report draws from the insights and experiences of a diverse group of advisors from across the state’s business, regulatory, academic, labor, and manufacturing sectors.

Here’s why now is a prime moment for Ohio to seize this multibillion-dollar opportunity, which will bring about a cleaner, more efficient energy system for Ohioans.

Five big opportunities

With the state’s largest utility constantly asking for a bailout and state legislators repeatedly trying to gut clean energy standards, Ohio isn’t exactly a leader on energy innovation. But it can be.

The report by Synapse Energy Economics, called Powering Ohio: A Vision for Growth and Innovative Energy Investment, highlights five areas for growth:

Attracting investment from corporate clean energy leaders;
Electrifying transportation, with a focus on electric vehicles;
Building new clean electricity generation, like wind and solar power;
Boosting Ohio’s energy productivity through energy efficiency; and
Investing in a 21^st century electric grid.

Taking advantage of these five related opportunities will net more than 20,000 jobs and $25 billion in investment dollars for Ohio, while enhancing productivity and lowering costs. Read More »

Also posted in Clean Energy, Energy Innovation, Grid Modernization, Ohio / Read 1 Response

The latest trends in renewable-energy tech, markets, and policy

By EDF Blogs / Published: May 14, 2018

By Energy Dialogues

Renewable energy, and its role in energy future, is an intense topic that spans across all corners of the energy spectrum. For example, our recent Mexican Energy Series featured a lively discussion of whether Mexico is on course for the 2024 target of 35% renewable energy, and what this pledge means for the country. Each year, as new corporations, municipalities, and countries make bold and vocal commitments to offsetting energy consumption, and to pursuing clean energy resources at a higher level, the conversation intensifies.

For an insider perspective about the current state of renewable energy, we called upon Lenae Shirley, Senior Director, Technology Innovation and Market Adoption for Environmental Defense Fund (EDF). Lenae is working at the nexus of technology, markets and policy, leading efforts with EDF’s demonstration partners to prove the impact of clean technology innovations. As a result of these initiatives, Lenae identifies trends and market opportunities to accelerate the transformation of the electricity sector, with data-driven decisions that push forward market adoption for renewable methods. Here is our conversation. Read More »

Also posted in Clean Energy, Energy Innovation, Renewable Energy / Comments are closed

A global game changer for energy efficiency investments

By Victor A. Rojas / Published: March 12, 2018

Three hospitals in England recently cut energy costs in half after spending the equivalent of $18 million in energy efficiency upgrades. The projects got a much-needed boost from a certification that gave investors confidence the retrofits would bring returns.

With millions of buildings in need of upgrades and the emergence of a $20-billion retrofit industry in the United States alone, there is neither a shortage of projects nor capital looking for environmental opportunities in which to invest. What has been lacking is a way to grow the market to scale.

Even with an energy efficiency market topping $1 trillion, investors have historically considered such retrofits risky. All this is changing quickly with a new and global underwriting standard mitigating the risk of such investments. Read More »

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