Energy Exchange

Business owners share clean energy success stories

Smuttynose Brewery in New Hampshire uses clean energy incentives to succeed.

By Roger Stephenson, EDF’s senior adviser for New Hampshire affairs

In New Hampshire, the clean energy economy is at a crossroads. On one hand, the legislature and governor remain ambivalent at best about clean energy and its role in our state moving forward. But local businesses are confident that renewable energy and energy efficiency choices already are making a positive impact. And many are calling for clean energy policies in the state to be strengthened.

Several owners were kind enough to share their time and explain what clean energy means to them and their businesses.  Through a series of videos, Environmental Defense Fund (EDF) is now sharing those stories with lawmakers, fellow business community leaders, and the clean energy sector.

Last fall, EDF sought out businesses that were growing, competing, and thriving in the Granite State with the help of existing clean energy policies. We worked closely with The Nature Conservancy, New Hampshire’s Community Development Finance Authority, and the NH Clean Tech Council.

The search did not take long: Manufacturers; restaurants; construction companies and hotels; advanced manufacturing facilities; and Main Street mom and pops are investing in their competitive future with clean energy.

Here are two samples of these enlightening clean energy videos. Read More »

Also posted in Energy Financing, Renewable Energy, Solar Energy / Read 1 Response

Why We Still Need America’s Nuclear Power Plants — At Least for Now

Today’s American nuclear power industry is in a state of upheaval. Four new, large-scale nuclear power plants are under construction in the United States, helped by large federal subsidies. All are being built by Westinghouse, and all have faced massive cost overruns and delays. Westinghouse’s parent company, Toshiba, recently posted a $6 billion loss due to Westinghouse’s nuclear woes. (For context, that loss is half a billion more than Toshiba spent to buy Westinghouse a decade ago.) Westinghouse filed for bankruptcy protection on March 29.

Westinghouse’s bankruptcy shines a spotlight on nuclear power’s role as an electricity source – currently providing about 17 percent of our electricity in the U.S. – and raises issues concerning whether we can count on low-carbon electricity from nuclear power. The Energy Information Administration projects nuclear power’s share of electricity generation will decline slightly through 2040, but these projections don’t reflect current trends.

Existing plants face challenging economics

Nuclear plants have long been very expensive to build, and the continued low price of natural gas has only increased cost pressure. Many nuclear plants are losing money, leading utilities to consider retiring them. Total nuclear capacity is declining, and will continue to decline in the near future as plant retirements exceed the capacity of Westinghouse’s Vogtle and Summer plants, expected to come online in 2019-2020. Read More »

Also posted in Illinois, New York, Utility Business Models / Read 7 Responses

How One Clean Energy Solution Can Help Fix Both Price Shocks and Energy Waste

Andrew Bilich, Clean Energy Analyst, contributed to this post.

Here in California, we know a thriving economy and forward-thinking clean energy policy go hand in hand. An important way for us to do this is to keep using cost-competitive renewable sources of energy to power our economy.

Transitioning California to a clean energy economy is good for our wallets, our lungs, and our workforce. Today, electricity from renewable sources like solar and wind are far cheaper than fossil fuel-based generation, and in California we’re powering our homes with nearly 30 percent clean resources. In fact, as the sun shined brightly last week more than half of California’s electricity was powered by renewable sources.

Yet, recent spikes in natural gas bills remind us why alongside renewables, we need to thoroughly green the grid and bring down costs for everybody. One way to accomplish these dual goals is to use our clean energy optimally by deploying efficient tools like TOU, or time-of-use pricing. Read More »

Also posted in California, Electricity Pricing, Time of Use / Read 1 Response

With New Distributed Energy Rebate, Illinois Could Challenge New York in Utility Innovation

By Andrew Barbeau, senior clean energy consultant

How does the electric utility fit in to a rapidly-evolving energy system? That’s what the Illinois Commerce Commission is trying to determine with its new effort, “NextGrid.” Together, we’re rethinking the roles of the utility, the customer, and energy solution providers in a 21st-century electric grid.

In some ways, NextGrid will follow in the footsteps of New York’s innovative Reforming the Energy Vision (REV) process, a multi-year effort to re-examine how electric utilities and customers interact. A new approach is essential to accelerating the adoption of clean energy technologies and services in the state.

Like REV, NextGrid is gaining national attention for stakeholder-driven processes to reveal new ways to value distributed energy resources (DER), like rooftop solar and batteries. New York and Illinois’ efforts also seek alternatives to simply building more and more wires, poles, and power plants to meet the energy needs of tomorrow.

Yet, Illinois may go a few steps beyond New York, creating a comprehensive framework for utilities to measure how DER are making the grid smarter and more efficient. Here is what we know will happen so far.

Read More »

Also posted in Grid Modernization, Illinois, Utility Business Models / Read 2 Responses

6 Ways President Trump’s Energy Plan Doesn’t Add Up

By Jeremy Proville and Jonathan Camuzeaux 

Just 60 days into Trump’s presidency, his administration has wasted no time in pursuing efforts to lift oil and gas development restrictions and dismantle a range of environmental protections to push through his “America First Energy Plan.” An agenda that he claims will allow the country to, “take advantage of the estimated $50 trillion in untapped shale, oil, and natural gas reserves, especially those on federal lands that the American people own.”

Putting aside the convenient roundness of this number, its sheer size makes the policy sound appealing; but, buyer beware. Behind the smoke and mirrors of this $50 trillion is an industry-commissioned Institute for Energy Research (IER) report that lacks serious economic rigor. The positive projections from lifting oil and gas restrictions come straight from the IER’s advocacy arm, the American Energy Alliance. Several economists reviewed the assessment and agreed: “This is not academic research and would never see the light of day in an academic journal.”

Here are six reasons Trump’s plan can’t deliver on its promises. Read More »

Also posted in Aliso Canyon, Electricity Pricing, Gas to Clean, Natural Gas, Social Cost of Carbon / Comments are closed

Keeping America Great: Smart Rules Can Help The Economy And Nature Prosper

Barely a month after his inauguration, President Trump is proceeding with plans to dismantle protections under the Clean Air Act and Clean Water Act.  The targets include limiting pollution into streams and wetlands that flow into drinking water for a hundred million Americans, automobile fuel economy standards that cut tailpipe pollution, and performance standards under the Clean Power Plan that would boost renewable power and fight climate change.  Trump and his EPA Administrator, Scott Pruitt, have drawn up reckless plans to slash EPA’s budget—greeted with derision even by some Republicans in Congress.  With the tragic story of Flint still fresh in people’s minds, the President is betraying the demands of his own supporters — fully 64% of Trump voters want to maintain or increase spending on environmental protection.

These actions are a tragic wrong turn for the country — and not just because they threaten to roll back decades of progress on air and water pollution, and the recent steps forward on climate change.

What I especially worry about are the lost opportunities for economic growth, new jobs, and the competitiveness of American companies — at a time when China and others are stepping up.

Read More »

Also posted in California, Energy Financing, Energy Innovation, Grid Modernization, Illinois, Renewable Energy / Tagged | Comments are closed