Energy Exchange

Funding the Future with a California Green Bank

By Brad Copithorne / Published: March 6, 2014

Two weeks ago, State Senator Kevin de León introduced a bill to establish the first “Green Bank” in California, a bold proposal that would unleash low-cost financing opportunities for clean energy projects throughout the Golden State.

I recently had the opportunity to testify at a hearing on the bill to discuss the best practices for green banks across the country and how the program would work in California.

First, a bit more on Green Banks:

At its core, the program is a clean energy finance bank set up by the state, designed to enable increased investment in clean energy projects and companies by working closely with the private sector to remove financial or structural barriers. The goal is simple: increase the amount of clean energy at a low-cost and encourage private investment by reducing the overall risk of clean energy projects. Read More »

Also posted in California, Clean Energy, Energy Efficiency, Energy Financing, Renewable Energy / Tagged Green banks | Comments are closed

Practical Air Pollution Controls Even the Oil and Gas Industry Can’t Deny

By Mark Brownstein / Published: March 3, 2014

This commentary originally appeared on our EDF Voices blog.

Everyone knows that if you want your kids to grow up strong and healthy, they need to eat their vegetables. But as any parent knows, it’s easier said than done. That’s why in my house, there is a rule: you can’t have any dessert until you eat your vegetables.

Now, of course, my kids like to argue with me and my wife about exactly how many vegetables they have to eat and whether they can reach into the fridge and select a different vegetable if they don’t like the one she or I cooked that night. That’s okay. We like to encourage creative problem solving. But there’s no getting around the rule. You must eat your vegetables.

As I see it, methane pollution from the oil and gas industry is a lot like kids and vegetables. Reducing it is good for them, but we have to have a rule that requires them to do it. Read More »

Also posted in Air Quality, Climate, Colorado, Methane, Natural Gas / Tagged EPA | Read 1 Response

Final Order from NYPSC on Con Edison Rate Case Reveals Especially Encouraging Language on Climate Change Directives

By EDF Blogs / Published: February 27, 2014

By: Elizabeth B. Stein, Attorney and Adam Peltz, Attorney

Source: Iwan Baan

In Tuesday’s blog post, we discussed the recently concluded Con Edison rate case, its context, and its significance in advancing clean energy and grid resilience in New York. Today, we take a closer look at the final Order posted last Friday by the New York State Public Service Commission (the Commission) to uncover some of the more encouraging outcomes buried in this 300+ page document:

Con Edison agreed to various measures that allow for more distributed generation, i.e. on-site power generation, such as combined heat and power, rather than relying solely on power generation and distribution from the traditional, centralized grid. For example, Con Edison agreed to pay for some fault current mitigation, which enables distributed generation to be connected to portions of Con Edison’s grid where it would otherwise be prohibited, and agreed to develop an implementation plan for a microgrid pilot. Additionally, Con Edison agreed to treat customer-sited projects, including distributed generation, as integral parts of its system by considering them in its 24-month planning horizon. Because some distributed generation can operate in an ‘islanded’ mode, or separate from the main grid, and can thus continue operating in a power outage, distributed generation can play a critical role in improving resilience. Read More »

Also posted in Air Quality, Clean Energy, Electric Vehicles, Electricity Pricing, Grid Modernization, Methane, Natural Gas, New York, Renewable Energy, Utility Business Models / Comments are closed

New York’s Con Edison to Take New Measures Protecting Against the Effects of Climate Change

By EDF Blogs / Published: February 25, 2014

By: Elizabeth B. Stein, Attorney and Adam Peltz, Attorney

Source: Iwan Baan

The New York State Public Service Commission (Commission) took a historic step late last week, unanimously approving an Order that requires Con Edison to implement state-of-the-art measures to plan for and protect its electric, gas, and steam systems from the effects of climate change. This announcement regarding the future of New York State’s largest utility comes as a welcome coda to local storm recovery and resiliency efforts that have been in the works for some time now.

On October 29, 2012, Superstorm Sandy clobbered the coastline of New York City. Homes were swept away or badly damaged as corrosive salt water flooded basements, while millions lost power. In one of the enduring images of the storm, an exploding transformer at East 14^th Street caused the “city that never sleeps” to go dark below 40th Street and stay that way for the better part of a week. Read More »

Also posted in Clean Energy, Climate, Demand Response, Electricity Pricing, Energy Efficiency, Energy Financing, Grid Modernization, New York, Utility Business Models / Read 1 Response

Critical Decision Expected Tomorrow in Colorado on Clean Air Rule

By Dan Grossman / Published: February 23, 2014

Day 4 of the ongoing hearings on a groundbreaking proposal to reduce air and climate pollution from oil and gas operations in Colorado saw Team EDF pushing back on claims opposition groups have made to try to weaken the proposal.

Leading companies Noble, Anadarko, Encana and DCP also put on strong cases, using their own operational data to show the proposal is cost effective. They should be lauded for their leadership, as should local governments and conservation groups that brought strong analytics to the hearings.

If the proposal is adopted without being weakened, it will eliminate more than 90,000 tons of smog-forming VOCs annually (the same amount produced by all the cars and trucks in Colorado) and more than 100,000 tons of methane, a highly potent greenhouse gas.

Also posted in Air Quality, Climate, Colorado, General, Methane, Natural Gas / Tagged Climate, climate change, Colorado, environment, fracking, Methane, Natural Gas | Read 3 Responses

COGA and CPA Fight Common-sense Methane Regulation

By Dan Grossman / Published: February 21, 2014

Industry trade groups – the Colorado Oil and Gas Association (COGA) and the Colorado Petroleum Association (CPA) – came out swinging against methane regulation in the third day of hearings on a groundbreaking proposal to reduce air and climate pollution coming from oil and gas operations.

And some wild swinging it was!

They acknowledged that we need to reduce methane, a highly potent greenhouse gas. But they said studies are showing different results about how much methane is being leaked and vented and that we shouldn’t regulate methane until we know exactly how much is escaping.

Also posted in Climate, Colorado, General, Methane, Natural Gas / Comments are closed