Energy Exchange

Purchasing power over politics: American consumers buy more clean energy and electric vehicles

By Jim Marston / Published: May 18, 2017

Americans are switching to cleaner cars and electricity. In addition to being smart purchases, these clean energy choices could be a political statement. Consumers are choosing to use their hard-earned dollars to show what they want: clean energy, a clean economy, and government policies that reflect their values.

Last month, electric-car company Tesla was valued higher than General Motors, making it the most valuable U.S. carmaker based on market capitalization. Despite low gas prices, U.S. sales of plug-in electric vehicles increased by 70 percent in January from the same month in 2016. The Chevrolet Volt alone saw an 84 percent increase during the same time.

The increase in electric car sales isn’t surprising in light of The Consumer as Climate Activist, a scientific article published by researchers from Yale University, George Mason University, and the University of Texas. They found that Americans are more likely to engage in consumer activism than political activism to combat climate change. And consumer activism for clean energy is on the rise. Read More »

Also posted in Electric Vehicles, Energy Efficiency, Solar Energy, Wind Energy / Read 1 Response

How a digital dashboard could make cities’ power, water smarter

By Guest Author / Published: May 5, 2017

By: Jori Mendel, AT&T Smart Cities, and Chandana Vangapalli, former Environmental Defense Fund Climate Corps Fellow

Technology revolutionizes the way people interact with the world. From video chats to securing homes from thousands of miles away, digital connections bring us closer to what matters most.

This same connectivity can play a critical role in helping cities around the world in the fight against climate change – a fight that will only accelerate in the coming years, with cities and municipalities on the front lines.

Nearly 60 percent of the world’s population will live in cities by 2030. These urban areas already account for 60-80 percent of energy consumption and 75 percent of carbon emissions, and their impacts will worsen with expansion. Because of their population density, cities are also the most likely to be heavily impacted by water shortages, natural disasters, and heatwaves as climate change progresses.

Smart cities

Understanding how to mitigate these environmental impacts is vital, and the technology that enables cities to be “smart” is a big part of that. Technology can help communities around the world become cleaner, safer, and stronger through connectivity solutions that unlock environmental, social, and economic benefits. Read More »

Also posted in Climate, Data Access, Energy Efficiency, Energy Innovation, Energy-Water Nexus / Comments are closed

How blockchain could upend power markets

By Dick Munson / Published: May 4, 2017

Talk about a disruptive technology. The “world’s leading software platform for digital assets,” blockchain may be little known, but it could revolutionize electricity markets.

What is blockchain?

Blockchain, in short, is a secure, decentralized, and highly efficient way to manage and keep track of infinite transactions. Rather than being stored on a central server, peer-to-peer transactions are replicated across a number of computers, creating a data store that records exchanges in almost real time. To ensure the transactions are secure, authenticity and identity are maintained through cryptography and digital signatures.

Bitcoin – perhaps the most-recognized blockchain application – already is challenging conventional money exchangers. According to Cambridge University researchers, almost 6 million people use this cryptocurrency in order to make electronic peer-to-peer transactions without an intermediary such as a bank. And because blockchain technology is decentralized and accessible from multiple locations, Bitcoin funds can’t be frozen, withheld, seized, or taken.

New electricity opportunities

When it comes to electricity, blockchain could offer a reliable, rapid, and low-cost means to record and validate financial and operational transactions. These transactions could include selling and buying electricity – again without an intermediary, in this case the incumbent utility monopoly. In light of the rapid rise of distributed (decentralized) energy resources like batteries and solar panels, some analysts even believe the market for blockchain applications is significantly larger in the energy sector than for financial services. Read More »

Posted in Clean Energy / Read 1 Response

California’s clean-energy leadership continues

By Lauren Navarro / Published: May 1, 2017

California is a leader, and has earned that title – it is the largest state economy in the U.S. and the sixth-largest economy in the world.  Forward-thinking clean energy policies are the backbone of California’s prosperity, creating jobs and businesses for the state while cutting emissions. While the presidential administration assaults critical environmental protections nationwide, clean energy momentum is unstoppable. California’s leadership is committed and poised to move forward.

Energy policy drives economic growth

Most energy policy is done at the state level, reflecting that energy management is a fundamental concern for local residents and their livelihoods. How we make, move, and use power can create jobs and protect citizens’ rights to clean air and energy choice. The following bills currently in front of the California State Legislature illuminate the state’s path forward: Read More »

Also posted in California, Electric Vehicles, Energy Efficiency, Solar Energy / Read 1 Response

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

By Jayant Kairam / Published: April 22, 2017

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, Electricity Pricing, Grid Modernization, Solar Energy, Time of Use, Utility Business Models / Comments are closed

Four reasons to be optimistic this Earth Day

By Jim Marston / Published: April 21, 2017

I’m going to stay positive this Earth Day. I know that’s not what you might expect from me this year, but really, when it comes to America’s shift to cleaner, smarter, advanced energy, there’s reason to be optimistic.

  1. Business is booming…

The advanced energy industry is booming. This includes everything from solar and wind power, to new energy innovations that are smarter and reduce our reliance on fossil fuels, like energy storage, electric vehicles, energy efficiency, and demand response.

The industry grew 29 percent in the last five years, and last year was worth $200 billion – about the same size as the pharmaceutical industry. Tesla – a sort of poster child for the advanced energy industry – just passed Ford Motor Company and General Motors in market cap. In fact, the company dropped “motors” from its name last year, a simple recognition that it’s far more than a car company. Read More »

Also posted in California, Demand Response, Illinois, Ohio, Solar Energy, Time of Use, Wind Energy / Comments are closed