Energy Exchange

Connecticut’s Green Bank Gives Commercial PACE a $24 Million Boost

CEFIALast week, Connecticut’s Clean Energy Finance and Investment Authority (“CEFIA”), the state’s Green Bank, announced the sale of $24 million in loans for clean energy retrofits of commercial properties. The loans were originated through the state’s Property Assessed Clean Energy (PACE) program, which allows property owners to access 100 percent up-front financing for energy efficiency and renewable energy improvements on their buildings.  Repayment is attached to a lien on the property tax bill, making PACE loans very attractive assets for investors.

According to Jessica Bailey, Director of PACE for CEFIA, “Connecticut’s PACE program is able to provide financing for commercial property owners to implement money saving clean energy projects. Without PACE, most of these property owners might not have access to attractive financing and these projects would not be completed.” Read More »

Posted in Clean Energy, Energy Efficiency, Energy Financing, Investor Confidence Project, On-bill repayment, Renewable Energy / Tagged | Read 1 Response

Why You Only Get 25% of the Electricity You Pay For

power_lines_378x235What would you say if I told you that about three-quarters of what you spend on electricity every month is wasted? Considering that Americans spend about $350 billion on electricity annually, I hope you’ll find this as shocking as I do.

From generation to delivery to consumption, inefficiencies at every step of electricity’s journey add up to a lot of waste. Fortunately, these same conditions present us with opportunities to substantially reduce inefficiencies and their associated economic, social, and environmental impacts.

Generation: Energy is wasted at the source

Today, the majority of the electricity produced in the United States originates from fossil fuels, including coal and natural gas. According to the United States Environmental Protection Agency, these plants are only about 33 percent efficient, and “two-thirds of the energy in the fuel is lost — vented as heat — at most power plants in the United States.” Read More »

Posted in Clean Energy, Energy Efficiency, Grid Modernization / Read 2 Responses

Clearing the Air: Environmental Groups Push for Clean Air Standards for Oil and Gas Industry

OilRefinery_36492520_Shutterstock.com_RFThis post was co-authored by Peter Zalzal, EDF Attorney, and Brian Korpics, EDF Legal Fellow

 

On May 13, EDF—along with a coalition of 64 local, state, and national public interest groups—submitted a petition asking the Environmental Protection Agency to address toxic air pollution emitted from oil and natural gas operations in population centers around the country.

Earthjustice crafted the petition which focuses on a provision of the Clean Air Act. It authorizes EPA to establish standards for toxic pollution from oil and natural gas wells if those wells are in major metropolitan areas (areas with a population greater than 1 million), and if the agency finds the emissions “present more than a negligible risk of adverse effects to public health.”

Read More »

Posted in Air Quality / Tagged , , , , | Read 1 Response

Resiliency+: Distributed Generation and Microgrids Can Keep Lights On During the Next Storm

Resiliency+ is a new blog series, which highlights the ways in which different clean energy resources and technologies can play an important part in increasing energy resiliency in New Jersey and around the country. Check back every two weeks, or sign up to receive Energy Exchange blog posts via email.

Source: Postdlf

Source: Postdlf

Unlike large, centralized power plants, distributed generation and microgrids create electricity on or near the premises where it can be primarily used. Solar panels on rooftops, for example, are a form of distributed generation: they create electricity that can be used in the same location where the renewable energy is generated. Microgrids are similar – systems that serve a specific energy consumer, such as university campuses, with on-site energy generation that can operate both independently from (i.e. ‘islanded’) and connected to the larger energy grid.

A National Renewable Energy Laboratory (NREL) study found that distributed generation and microgrids, “are integral to energy resiliency.” With the right enabling technology, distributed generation and microgrids have the potential to ‘island’, meaning that they can function separately from the main electricity grid. In other words, in the aftermath of a storm or during a blackout, distributed generation and microgrids are able to keep power running. The importance of this technology cannot be understated. Without it, electricity that has the potential to work during a system-wide blackout – like solar power or energy storage – will be rendered powerless. Distributed generation and microgrids provide the pathway for these clean energy resources to function during and after a natural disaster. Read More »

Posted in Clean Energy, Climate, Demand Response, Energy Efficiency, Grid Modernization, Renewable Energy / Tagged , | Read 3 Responses

Commercial Demand Response – An Untapped Resource for the Congested Grid

By: John Gruss, Vice President and General Manager of Enerliance

lobosAccording to the recently released National Climate Assessment, 2012 was the hottest year on record for the continental United States, and experts predict that temperatures are only going to rise. Couple this with an energy grid that is already under severe strain, and there can be no denying we’ve got a serious problem on our hands.

Every year an overstressed electric grid faces increasing challenges to cool and operate homes and buildings. As we approach summer, with heat waves that are growing longer in duration, this crisis could result in energy shortages and blackouts that are not merely a matter of disrupted comfort and lost productivity but are a serious threat to national security and human health. Read More »

Posted in Clean Energy, Demand Response, Energy Efficiency, Grid Modernization, Renewable Energy, Utility Business Models / Comments are closed

New Study: California Climate Law Cuts Billions in Health, Pollution Costs

rp_OCONNOR-PHOTO-MAY-20121-200x300.jpgCalifornia drivers don’t have much choice when it comes to what fuel they fill their cars with, or how dirty it is. As recently as five years ago, nearly 97 percent of the energy used for transportation in the Golden State came from gas and diesel – over half of which was made from imported oil.

This basic lack of consumer choice means that California drivers like myself are stuck with a high-priced product that is made from dirty crude and controlled by a few major multinational oil companies.

What’s more, our transportation system has a direct effect on our health – in addition to contributing to climate change and energy insecurity.

And it’s not a pretty picture.

A study just out from the Environmental Defense Fund and the American Lung Association, with modeling by Tetra Tech, finds that the negative impacts of California’s transportation system cost us a staggering $25 billion per year. It also shows that the benefits of policies aimed at supporting the use of cleaner fuels can significantly reduce such costs.

25 million drivers, worst air pollution in the U.S.

I’m probably similar to many other drivers around here. Last year I drove some 15,000 miles, paying about $2,400 for gas – a sizeable portion of my disposable income. This gas is always more expensive in the summer than in winter, and it won’t matter if I fill up my car at the Shell station on the corner or from Chevron at the freeway on-ramp.

My 15,000 miles of driving last year released about 5 tons of greenhouse gas pollution and other air contaminants. When combined with the pollution released from California’s other 25 million drivers, I have, unfortunately, helped give California the nation’s worst air pollution.

Not only is our state home to the top five most polluted cities in the United States, but countless Californians suffer from lung and heart problems, and even risk early death, from pollution-related health impacts cause by transportation. Read More »

Posted in General / Comments are closed