Energy Exchange

WATCH: New Mexico Residents Cheer BLM for Tackling Methane Waste

Last month the Bureau of Land Management took a much needed step to prevent the oil and gas industry from needlessly wasting American energy resources.

For oil and gas companies operating on public and tribal lands, the new standards will reduce the amount of methane that operators can leak, vent or burn into the atmosphere. These methane emissions result in massive amount of energy waste that translates to lost revenues for federal taxpayers and tribes. One recent analysis suggests that without these standards, taxpayers could lose out on more than $800 million in royalty revenue over the next decade. Read More »

Also posted in Air Quality, BLM Methane, Methane, Natural Gas / Tagged , | Comments are closed

Illinois’ Future Energy Jobs Act Shows States are Taking the Lead to Build the Clean Energy Economy

By Andrew Barbeau, senior clean energy consultant

For a breakdown of the bill’s renewable energy details, see here.

Two years, three competing major energy reform bills, more than 300 diverse organizations and companies, and countless hours of negotiations have now come down to one important moment: Illinois’ Future Energy Jobs Act is signed into law today.

A clean energy economic development package of monumental size, the Future Energy Jobs Act will create thousands of homegrown jobs, save billions of dollars in wasted energy, and secure Illinois’ place at the forefront of the nation’s clean energy economy.

In fact, Environmental Defense Fund’s (EDF) analysis estimates Illinois will see an additional $12 billion to $15 billion in new private investment as a result of the new clean energy priorities in this bill. That’s the greatest economic development package in Illinois in years, and likely will be the largest for the foreseeable future.

It’s also the most significant climate bill in Illinois history. We estimate it will reduce harmful carbon dioxide emissions by more than 33 million metric tons annually in 2030. Combined with the ongoing impact of market changes on the fossil fuel industry, this means Illinois will reduce its carbon emissions from the power sector by more than 50 percent from 2012 levels by 2030.

Oh, and did I mention customers’ bills will go down? Based on extensive analysis from the Illinois Commerce Commission and Illinois’ consumer watchdog Citizens Utility Board, the Future Energy Jobs Bill’s energy efficiency initiatives will lower customers’ electric bills.

At a time when President-elect Trump is threatening to roll back federal environmental protections, state victories like the Future Energy Jobs Act are more critical than ever.

That’s the ultimate win, win, win.

At a time when President-elect Trump is threatening to roll back federal environmental protections, state victories like the Future Energy Jobs Bill are more critical than ever. And, with strong bipartisan support in the Illinois General Assembly and being signed into law by a Republican governor, the deal is a clear signal that Illinois is ready to reap clean energy’s economic rewards – even if federal leaders refuse to join us in this endeavor. Read More »

Also posted in Energy Efficiency, Illinois, Jobs, Solar Energy, Wind Energy / Comments are closed

These Policy Solutions Can Help Unleash The Full Potential of Renewable Energy

cps-energy-4New installed renewable energy capacity surpassed coal for the first time last year, the International Energy Agency reported recently.

It means that we added more wind and solar to our global energy system than oil, gas, coal or nuclear power combined – a trend that is expected to continue over the next five years.

But to truly transition to a global clean energy economy, we must accelerate this growth rate and modernize our electricity grid to maximize the potential of these new renewables. That way we can use as much clean energy as possible on any given day.

Many of these optimizing solutions already exist today.

They include technology such as powerful batteries that can store energy when renewables don’t produce electricity, for example, when the sun is shaded by a cloud.

There are also energy management tools such as demand response that pay customers for saving energy at critical times when the grid needs it. And innovative electricity pricing programs that encourage customers to shift some of their power use to times of day when clean energy sources are plentiful and electricity is cheaper.

All can, with the help of good policy, make the most of variable energy sources – as would a modernized and more dynamic electric grid. Read More »

Also posted in California, Clean Energy, Demand Response, Electricity Pricing, Energy Financing, Grid Modernization, Solar Energy / Tagged , | Comments are closed

Reaching California’s Clean Energy Goals Requires Inclusive Solutions

ga_navajo_azJust over a year ago, California’s SB 350 became law and was rightly celebrated for its boldness and impact, increasing the state’s renewable energy mix to 50 percent and doubling energy efficiency buildings. Today, a less heralded provision of SB 350 – charging the California Energy Commission with studying barriers to clean energy – pushes us toward exceeding our renewables and efficiency aspirations. Moreover, it recognizes that in order for the state to realize its climate and energy future, planning must include and reflect the needs of all Californians.

Through the SB 350 Barriers Study, the commission has engaged consumers, businesses, local leaders, environmental groups, and others to identify strategies that can unlock clean energy investments and spur growth in low-income and disadvantaged communities across the state.

The final version of the study and recommendations are scheduled for release later this month, just in time for lawmakers to noodle on the robust and far-ranging ideas before the 2017 legislative session. In addition, the commission – in conjunction with the California Air Resources Board – will issue a companion report about barriers to clean transportation. The study and its companion report are the kinds of tools that are critical for California to reach its clean energy goals. Read More »

Also posted in California, Clean Energy, Energy Equity / Comments are closed

These Energy Efficiency Laws Give New York City a Fresh Start on Power Savings

eebillssigning_103116The New York City Council has an excellent environmental track record, and I’m pleased to say that most recently it has passed a group of bills tackling energy efficiency in buildings, adding to its stellar standing.

Mayor Bill de Blasio this week signed a package of laws developed by the City Council that address energy efficiency in thousands of buildings citywide. Buildings account for nearly three-quarters of the city’s greenhouse gas emissions, which makes buildings crucial to New York City’s goal of reducing emissions 80 percent by 2050. In fact, the mayor’s office estimates that these bills will reduce greenhouse gas emissions by roughly 250,000 metric tons throughout the city, and create an estimated 100 jobs by spurring retrofits in 16,000 buildings. I attended the bill signing on October 31st, and am proud to say that Environmental Defense Fund (EDF) has been working closely with both the mayor’s office and the City Council to get to this point, along with our partners, the New York League of Conservation Voters, Natural Resources Defense Council, and Urban Green Council.

These new laws – which affect 57 percent of New York City’s buildings (a higher percentage than any other U.S. city) – are important because they mandate that buildings track their energy use. Tracking use will inform necessary energy-efficiency upgrades that will have lasting impacts and ultimately improve the city’s environment and New Yorkers’ public health. Read More »

Also posted in Air Quality, Energy Efficiency, General, New York / Comments are closed

Aliso Canyon Challenges Underscore Need to Realign California Energy Markets

rp_Aliso-Canyon.pngYesterday, the Southern California Gas Company filed for permission to resume operations through approved wells at its Aliso Canyon gas storage facility, saying it has completed key safety tests. The facility has been offline over the last year, after it sprung one of the largest gas leaks ever recorded.

Efforts to bring the facility online – and the challenges for the region’s electricity system if Aliso stays offline – underscore the need to address these issues from a broader, longer term perspective.

In addition to supplying gas to homes and businesses, the giant storage field served 17 major gas fired electric generating plants in the region. When a link as important as Aliso Canyon fails, the reliability implications for the electric grid are serious. Read More »

Also posted in Aliso Canyon, California, Gas to Clean, Natural Gas / Comments are closed