Energy Exchange

Utilities Beware, Solar Power and Energy Storage Could be Coming for your Customers

By Gavin Purchas / Published: April 22, 2014

Source: John Rae

The use of rechargeable batteries – in everything from iPhones, TV remotes, and even cars – has become pervasive over the past few years, especially as they have become more affordable. So why can’t we use them to help power our homes and businesses, too? The idea isn’t that complicated. But the cost of large-scale energy storage is still prohibitively high.

However, in select markets, like Hawaii’s commercial building market, privately connected battery storage is already cheap enough, compared to utility rates, to warrant installation. Furthermore, other energy storage markets, like California and New York, could reach the point of commercial viability in the next ten years – and not just for commercial buildings, but the residential market, too. Read More »

Also posted in Climate, Electric Vehicles, Grid Modernization, Renewable Energy, Utility Business Models / Tagged Energy Storage | Read 1 Response

An In-Depth Look at the Future of American Energy and How We Get There

By Cheryl Roberto / Published: April 18, 2014

istockphoto.com

Imagine a world where homes not only run on clean electricity but also generate, store, and sell it. A world where power companies get paid for conserving energy, not just producing it. Where, when supplies are tight, the power grid gives customers the option of being paid to reduce and even shift their energy use to a different time of day, allowing us to use more renewable energy.

The U.S. is poised to spend around $2 trillion over the next two decades replacing our outdated electric infrastructure. We must make sure those investments are not spent on replacing old, dirty power plants with more of the same. If we’re truly going to unleash the clean energy future, we must invest in renewable energy and a smarter grid that can smooth out the demand for power and reduce harmful air pollution. Read More »

Also posted in Energy Efficiency, Energy Financing, Grid Modernization, On-bill repayment, Renewable Energy, Utility Business Models / Read 2 Responses

Four Ways the U.S. Military Can Adopt Clean Energy for National Security

By Stephanie Kline / Published: April 15, 2014

Ribbon cutting ceremony for the Fort Carson solar array. U.S. Army photo by Michael J. Pach.

At the U.S. Defense Department, the multiple national security threats created by sea level rise and severe weather command daily attention; climate change has been on its radar for years. The recently published Quadrennial Defense Report (QDR), an assessment of U.S. defense readiness, addresses the growing threat that climate change poses to military capabilities and global operations. Adding to that, the newly released Intergovernmental Panel on Climate Change report states that extreme weather events will begin occurring more frequently across the globe. As first responders in the wake of extreme weather events, the U.S. military will be called upon to provide emergency support and services for a large portion of them.

The timing of these reports highlights a growing defense challenge but also provides an opportunity for the Defense Department to lead from the front in climate change mitigation and adaptation. Read More »

Also posted in Climate, Energy Efficiency, Grid Modernization / Tagged IPCC | Comments are closed

EDF Helps Standardize Energy Efficiency Projects in Texas

By EDF Blogs / Published: April 15, 2014

By: Matt Golden, Senior Energy Finance Consultant

Texas currently has the highest rate of energy consumption of any U.S. state and accounts for 10% of the country’s total energy consumption. Most of that energy goes to energy-intensive industries, such as aluminum, chemicals, forest products, glass, and petroleum refining, which consume 50% of the state’s energy, compared with a national average of 32%.

Last year, the Texas legislature passed statewide legislation enabling cities to use their property assessment as a way to finance clean energy and energy efficiency for industrial, agriculture, water, and commercial buildings. This innovative financing tool, generally referred to as property-assessed clean energy (PACE), has the potential to unlock a considerable amount of funding for both renewable energy and energy efficiency projects in the state, while simultaneously offering building owners cheaper financing options and secure repayment through their property assessment. Read More »

Also posted in Energy Efficiency, Energy Financing, Investor Confidence Project, Renewable Energy, Texas / Tagged PACE | Read 1 Response

Changes to Electricity Systems Will Enhance U.S. Grid Reliability

By Cheryl Roberto / Published: April 15, 2014

Last Thursday morning, with my heart quickly jumping, I entered the grandeur of the United States Senate hearing room for the Committee on Energy and Natural Resources’ Keeping the lights on — are we doing enough to ensure the reliability and security of the US electric grid? hearing as an invited witness. I was eager to share EDF’s vision of a cost-effective, clean energy system that enhances reliability − but I couldn’t help being a little awed by the moment. I had never testified on Capitol Hill before and the dignity of the setting and importance of the message I wanted to share weighed on me.

Here are the high points of my testimony (though you can read it in full here):

The nation’s electricity system stands at a transformative crossroads: The costs of distributed generation technologies like rooftop solar and battery storage are falling and energy productivity is rising. In our digital world, people have increased demands for power quality and reliability, but needs for power quantity are predicted to fall – mostly due to “gains in appliance efficiency and an increase in vehicle efficiency standards by 2025.” As a result, our system is transforming from a one-way, centralized power delivery network in which customers passively receive electricity to a two-way flow of both power and information in which customers both receive and produce electricity. The very model of centralized, utility-scale power generation is no longer sacrosanct. The electricity systems we built in the last century, and the regulations that govern them, are no longer adequate – neither to ensure reliability, or to accommodate the rapid changes in technology, consumer needs, environmental standards, and the changing marketplace. Read More »

Also posted in Grid Modernization, Utility Business Models, Washington, DC / Comments are closed

Indiana Governor’s Inaction Results in First Rollback of Energy Efficiency Standards in the Nation

By John Finnigan / Published: April 15, 2014

Indiana State Capitol, Source: David Schwen

At the end of March, the Indiana legislature passed a bill repealing the state’s energy efficiency standard, becoming the first state in the nation to roll back its energy savings goals. Governor Mike Pence could have signed the bill into law or he could have vetoed it. He did neither; instead, the bill became law because he took no action within the prescribed time period. His statement as to why he allowed the bill to become law left us scratching our heads.

Here’s what he said:

“I could not sign this bill because it does away with a worthwhile energy efficiency program developed by the prior administration. I could not veto this bill because doing so would increase the cost of utilities for Hoosier ratepayers and make Indiana less competitive by denying relief to large electricity consumers, including our state’s manufacturing base.” Read More »

Also posted in Energy Efficiency, Utility Business Models / Comments are closed