Energy Exchange

5 Reasons Clean Energy Investments Beat Expectations

By EDF Blogs / Published: May 20, 2015

By: Karin Rives, editor of EDF Voices

The solar industry is booming and the U.S. Department of Energy’s loan guarantee program, chastised after several high-profile cleantech companies went belly up in 2011, has more than recovered.

In fact, leading venture capitalists, some of our largest banks and brands, and – lately – private investors are expected to continue to invest heavily in clean energy projects this year after the market rebounded with a vengeance in 2014.

Here are five reasons why. Read More »

Posted in Clean Energy, Energy Financing, Renewable Energy / Comments are closed

Texas Leaders Defy All Logic, Side with Sen. McConnell on “Just Say No” to EPA Campaign

By Jim Marston / Published: May 20, 2015

Governor Greg Abbott and Texas Senators John Cornyn and Ted Cruz recently met in a meeting with Kentucky Senator Mitch McConnell to discuss how they could sabotage the Environmental Protection Agency’s (EPA) proposed (CPP). The CPP would place the nation’s first-ever limits on carbon pollution from existing power plants – the rules for which are expected to be finalized this summer.

The reason for the meeting is simple: Sen. McConnell is currently touting a “just say no” approach to EPA’s regulations, advocating states refuse to create a compliance plan, which is clearly to protect his coal-producing state. He also supports legislation to let states opt-out of the pollution reduction program. After the closed-door meeting, Governor Abbott announced he is siding with the Senator from Kentucky on the CPP.

What the press release didn’t say: By aligning himself with Sen. McConnell, Governor Abbott is hurting Texas. Read More »

Posted in Air Quality, Clean Energy, Clean Power Plan, Natural Gas, Renewable Energy, Texas / Comments are closed

Need Help Funding a Retrofit? Use an Efficiency Services Agreement

By Guest Author / Published: May 19, 2015

By Scott Henderson, Advisor to Metrus Energy

While many in the clean energy industry are familiar with the use of power purchase agreements (PPA) to finance solar energy systems at commercial and industrial facilities, many may be surprised to know that there is a similar contract for funding energy efficiency retrofit projects. Called an efficiency services agreement (ESA), this contract was designed to address the challenges, or “pain points,” that building owners commonly face when contemplating such projects.

Like a PPA, an efficiency services agreement enables third-party ownership of a project, in which a developer designs, finances, implements, and owns a package of energy and water efficiency measures at a customer facility. In return for implementing the project, the ESA provider charges the customer for any realized savings, at a rate that is less than their current cost of electricity, gas, or water. This continues until the end of the contract period, typically 10 years, upon which time the customer can renew the contract or purchase the equipment at fair market value. Read More »

Posted in Clean Energy, Energy Efficiency, Energy Financing, Investor Confidence Project / Comments are closed

Big Rigs: Will the Climate Benefit from Switching Diesel Trucks to Natural Gas?

By EDF Blogs / Published: May 19, 2015

By: Jonathan Camuzeaux, Senior Economic Analyst

16058670001_80994ae935_z The surge in natural gas production that has reshaped the American energy landscape has many in the commercial transportation sector considering whether to start shifting their heavy-duty vehicle fleets from diesel to natural gas fuel. Many are looking to an advantage in carbon dioxide emissions to justify the higher cost and reduced fuel efficiency of a natural gas vehicle.

But in fact, a study published today in Environmental Science & Technology finds that while there are pathways for natural gas trucks to achieve climate benefits, reductions in potent heat trapping methane emissions across the natural gas value chain are necessary, along with engine efficiency improvements. If these steps are not taken, switching truck fleets from diesel to natural gas could actually increase warming for decades.

Methane, the main ingredient in natural gas, has 84 times more warming power than CO₂ over a 20-year timeframe. Reducing emissions throughout the natural gas value chain is an important opportunity to reduce our overall greenhouse footprint. Read More »

Posted in General, Methane, Natural Gas / Comments are closed

Want to See EDF at SXSW Eco 2015? Cast Your Vote!

By EDF Blogs / Published: May 18, 2015

Every year, SXSW Eco – one of the most high-profile environmental conferences – selects its programming based on votes from the public. This means anyone, regardless of whether you submitted a panel, can cast a vote.

This year, seven experts from Environmental Defense Fund are featured on dynamic panels that cover everything from solar equity and new utility business models to innovative building efficiency programs and the threat of methane pollution. To make sure EDF and energy-related programming is represented at the conference in Austin, TX this October, we are asking our readers to please vote for your favorite EDF panels and presentations. Read More »

Posted in California, Clean Energy, Climate, Demand Response, EDF Climate Corps, Energy Efficiency, Energy-Water Nexus, General, Grid Modernization, Illinois, Methane, Natural Gas, Renewable Energy, Texas, Utility Business Models / Comments are closed

Under the Wire: EDF Welcomes SoCalGas Leak Maps

By Tim O'Connor / Published: May 15, 2015

A great thing happened today for the environment and people of California. On the very day we released new maps measuring methane leaking from natural gas lines under Los Angeles-area streets, the Southern California Gas Company (SoCalGas) announced they would begin publishing their own maps showing the locations of leaks they find on their system.

It is a positive move that brings the company a big step closer to complying with the California law requiring them to publish not only the whereabouts of known leaks, but also the amount of methane escaping (which their newly announced maps do not). The public has a right to know where and how much harmful air pollution is being emitted by SoCalGas and any other company in California.
Read More »

Posted in Air Quality, California, Climate, Methane, Natural Gas / Tagged Methane, Natural Gas | Comments are closed