Energy Exchange

An Early Look at the Clean Power Plan in Six Charts

(This post was written by EDF’s Nicholas Bianco and Tomás Carbonell)

Click to enlarge. Source: EDF white paper

On August 3rd, 2015, President Obama announced the Clean Power Plan – a historic set of Clean Air Act standards that will finally put an end to the era of unlimited carbon pollution from America’s fossil fuel-fired power plants.

Fossil fuel-fired power plants are the nation’s single largest source of climate-destabilizing pollution, accounting for nearly 40 percent of our emissions of carbon dioxide. Unlike other major air pollutants from the power sector that have been subject to protective standards under the Clean Air Act, carbon pollution from power plants has been subject to no national limits –until now. Read More »

Also posted in Clean Power Plan, General / Comments are closed

The Clean Power Plan: A Ticket to the Top

mountaintop_378x235

Paxson Woelber

With the Environmental Protection Agency’s now final, the era of unlimited carbon pollution from America’s power plants is finally coming to an end.

With the Environmental Protection Agency’s Clean Power Plan now final, the era of unlimited carbon pollution from America’s power plants is finally coming to an end.

That’s excellent news, because climate change has put us in the race of our lives – and the countries that move the fastest toward clean energy will be the most competitive, create the most jobs and have the healthiest air. It’s a race to the top, and the Clean Power Plan gives the United States a better chance of winning.

Below are excerpts from an op-ed in today’s Wall Street Journal where I lay out the opportunities this groundbreaking initiative will bring to our nation.
Read More »

Also posted in Clean Power Plan, Climate, Energy Efficiency, General, Renewable Energy / Comments are closed

Lights will Stay on with New Power Plant Pollution Rules. Find out Why.

nightlightsus_378x235

The Clean Power Plan is designed with reliability in mind, a fact detractors tend to ignore. The specter of grid failure is a frightening image, one that critics of the new power plant pollution standards have fixated on, but it’s just that: a specter, an illusion not grounded in reality.

The fact is that regional and state-level regulators have repeatedly demonstrated they are up to the task of planning for future power needs without any threat to grid reliability. And if, for some reason, it proves an especially daunting task this time, the final plan includes special provisions that further address grid reliability issues: Read More »

Also posted in California, Clean Power Plan, Climate / Comments are closed

FirstEnergy Can’t Hide Any Longer

https://commons.wikimedia.org/wiki/File:Magnifying_glass_with_focus_on_glass.pngOver the past few months, I have written a good deal about FirstEnergy, the massive electric utility serving customers across six states, and specifically its attempts to saddle Ohioans with the cost of its risky investments. The company has asked the Public Utility Commission of Ohio (PUCO) to guarantee profits for its uneconomic power plants through customer-funded subsidies.

FirstEnergy has also prevented opponents of its bailout from examining all relevant information to the case, including the credibility of its key witnesses. But, last week, the PUCO rejected these attempts to hide information about FirstEnergy’s embattled $3 billion proposal. As we near the start of the proposed bailout hearings on August 31st, this decision is a victory for transparency – and places the utility’s proposal on shakier ground than ever.

The full story involves a consultant – Judah Rose of ICF International – who FirstEnergy hired to justify the bailout. Rose was asked to project future electricity market prices, which would determine the economic value of the power generation plants in question. This contributed to how FirstEnergy settled on the figures for its bailout request. Read More »

Also posted in FirstEnergy / Comments are closed

Another Tech Giant Supports North Carolina Renewable Energy Policies

solar-cells-491701_1280

SAS Institute, Inc. – a North Carolina-Based technology company – has joined big names like
Apple, Facebook, and Google in a growing chorus of high-profile tech firms urging lawmakers to protect North Carolina’s burgeoning clean energy economy.

SAS told state lawmakers in a recent letter: “Technology companies value North Carolina’s existing energy policies, which enable us to operate and grow our businesses in a sustainable manner.”

At stake is North Carolina’s Renewable Energy Portfolio Standard (REPS), which requires utilities to get 12.5 percent of their energy from sources such as solar and wind by 2021.The REPS and other thoughtful clean energy policies have helped create new markets that are attracting investments, building businesses, and creating jobs. The results are impressive.

North Carolina’s clean energy industry is growing

Today, North Carolina’s clean energy industry includes more the 1,200 firms providing nearly 23,000 jobs. In 2014, the industry generated nearly $5 billion in gross revenues for the state’s economy.

Much like North Carolina’s world-class university system, the growing clean energy economy makes the state an attractive choice for business leaders who are looking for the right place to invest and grow their businesses. Read More »

Also posted in North Carolina, Renewable Energy, Utility Business Models / Comments are closed

Powering Texas: Big, Clean, Market-Driven Changes are Already Underfoot

By: Peter Sopher, policy analyst, clean energy, and Sarah Ryan, clean energy consultant

wind-364996_640 pixabayOver the past century, the electric grid in the United States has experienced only minor changes. There is evidence, however, the power sector is changing. We are moving away from traditional coal generation and toward alternative, cleaner energy sources. And despite our state being primarily known for oil and gas, Texas is no exception.

In fact, Texas’ electricity sector has been trending cleaner over the past decades, driven by deregulation of the electricity market, the development of the massive highway of transmission lines built to carry West Texas wind to cities throughout the state – the Competitive Renewable Energy Zone (CREZ), and technological progress. Basically, once the market was opened up to competition, the more economic options – which also happen to be cleaner – began to gain a foothold. And there’s no stopping this train.

Where we are and where we’re going

To start, the declining use of fossil fuels to power our lives is perhaps the most significant change in Texas. As shown in Figure 1 below, fossil fuels’ (coal and gas’) proportion of the state’s electricity generation mix shrunk from 88 percent in 2002 to 82 percent in 2013. Read More »

Also posted in Clean Power Plan, General, Natural Gas, Renewable Energy, Texas / Comments are closed