Energy Exchange

Smart Planning for a Successful Smart Grid Roll-Out

By John Finnigan / Published: January 30, 2014

Ben Franklin famously said, “If you fail to plan, you’re planning to fail.” This saying certainly holds true for smart grid deployment plans, which can cost utilities several hundred million dollars. Given these high stakes, good planning is essential.

Many utilities have installed smart grids. Currently, 25% of U.S. electricity customers have smart meters, a key component of the smart grid. Some early deployments were rocky, but utilities have learned their lessons. Utilities have incorporated these lessons learned in the planning process for more recent smart grid deployments. A well-thought-out smart grid deployment plan should address the following topics: Read More »

Posted in Grid Modernization, Utility Business Models / Tagged Ameren, Clean Energy, ComEd | Read 3 Responses

Freezing, Scorching, or Not, Texas Needs More Demand Response

By Marita Mirzatuny / Published: January 30, 2014

This commentary originally appeared on our Texas Clean Air Matters blog.

As we thaw out this week from our most recent arctic blast, Texas’ inexperience with ice and snow has been met with Internet memes and jokes. But dealing with extreme temperatures causes serious strain on our current energy system and exacerbates our “energy crunch,” signifying that the available supply of electricity barely meets the demand for that power.

However, as is typical of Texas, last week our weather was quite pleasant – in the 70s – and strains on the system due to weather events weren’t too much of a concern. Yet the Electric Reliability Council of Texas (ERCOT), the state agency charged with managing the flow of electricity for most of Texas, alerted an emergency situation despite mild temperatures. To avert disaster, ERCOT initiated demand response, “ask[ing] customers to raise thermostat settings to 78 degrees, typically a summer response intended to reduce demand from air conditioners.” A single malfunctioning power plant caused the problem. ERCOT declined to identify the plant involved.

Much of this uncertainty and drama can be alleviated with demand response (DR), a novel approach to managing the grid system. Using smart power technology like smart thermostats, utilities can moderately adjust their customers’ energy use in real-time for a brief amount of time to meet the energy needs of all Texans. When energy demand is high, electric utilities can ask customers to voluntarily conserve energy in exchange for cost-savings and even payments. During the polar vortex earlier this month, CPS Energy, San Antonio’s municipal utility, saved about 77 megawatts (MW) of power through demand response programs – enough to power 32,725 homes. Texas isn’t the only place where demand response is taking hold. Read More »

Posted in Demand Response, Grid Modernization / Tagged Clean Energy, texas, Third Way | Comments are closed

$200 Million in Private Capital Financing Signals Investors’ Support for Clean Energy

By Victor A. Rojas / Published: January 29, 2014

(Source: www.poonamsagar.com)

While 2014 is only just getting underway, it is already shaping up to be a banner year for clean energy finance. Capital investments are being made, funds developed, and securitization tools crafted — all with remarkable speed. And private capital markets are aggressively rallying around these efforts, which will only increase the momentum of our collective efforts to drive investments into essential energy efficiency and renewable energy projects.

Funding for homeowner energy efficiency loans could lead to securitization

Early this year, clean energy consumer finance company, Kilowatt Financial, closed a $100 million deal with Citi to finance 10-12 year unsecured loans of up to $30,000 for homeowners making energy efficiency improvements to their HVAC (heating, ventilation, and air conditioning) systems, water heaters, windows, roofing, insulation, lighting, and appliances.

The transaction is designed to facilitate a securitization of loans (which promotes liquidity in the marketplace), help establish a secondary market, and spur energy efficiency investments. Kilowatt and Citi expect to create term asset-backed securities from the loans that will provide a sustainable source of capital for homeowners looking to make home energy upgrades. Read More »

Posted in Energy Efficiency, General, Investor Confidence Project, On-bill repayment, Renewable Energy / Tagged Clean Energy, Clean Energy Financing | Comments are closed

Is Texas the Next Global Leader in Water? It’s Up to State Leaders to Decide.

By Kate Zerrenner / Published: January 28, 2014

This commentary originally appeared on our Texas Clean Air Matters Blog.

The Texas Comptroller, Susan Combs, recently released the Texas Water Report: Going Deeper for the Solution, which proposes a sort of revolution to solve Texas’ water woes. As Combs notes, Texas is a global energy leader, but the state should be a global water leader too. And her initiative couldn’t come fast enough. Texas, already prone to cycles of drought, is facing new water pressures, including population growth and a changing economy, which only make it harder to preserve our diminishing water supply. To rouse the state’s water recovery plan, the report prioritizes water-saving technological innovations (while stressing the need for conservation) and lauds various Texas cities for water management practices. But the report misses some key elements that are essential to keeping our water flowing. In the same way that new energy technologies have brought us closer to a cleaner, more reliable electric grid, innovations in the water arena can seamlessly reduce our water use and set the state on a sustainable path.

The report says conservation is not enough, and it’s right. However, efficiency is the most significant first step and conservation achieved through technology is a welcome counter to the infrastructure-heavy plans typically heard at the Capitol and in the State Water Plan. (What good is a new reservoir, if there’s no water to put in it?) Some of the technologies evaluated in the report include aquifer storage and recovery, inter-basin transfers, low-water fracking technologies and desalinization – what some call “game changers.” These technologies could potentially relieve our future water woes, but these projects are expensive and don’t alleviate our immediate or even mid-term water stresses. Read More »

Posted in Climate, Energy Efficiency / Tagged Clean Energy, Energy-Water Nexus, texas | Comments are closed

EDF Is Going to Court to Secure Healthier Air for Millions of Texans

By Tomas Carbonell / Published: January 28, 2014

This commentary originally appeared on our Texas Clean Air Matters blog.

This post was co-authored by Tomás Carbonell, EDF Attorney, and Brian Korpics, EDF Legal Fellow.

Source: Texas Tribune
Haze over Dallas Area

Last week, EDF took one more step toward protecting Texans from harmful levels of ozone pollution that have afflicted the state for far too long.

Ozone pollution, better known as “smog,” is one of the most severe and persistent public health problems affecting Texans. Smog causes a range of health issues — including aggravation of asthma and other respiratory illnesses, decreased lung function, increased hospital and emergency room visits for respiratory conditions — and it is associated with premature mortality in urban areas.

According to the American Lung Association (ALA), Dallas-Fort Worth is the eighth most affected area in the country for smog. ALA estimates the city is home to millions of people who are sensitive to ozone-related health problems — including 1.6 million people suffering cardiovascular disease; nearly 1.9 million children; nearly 650,000 elderly residents; and over 520,000 people with asthma.

EDF and its dedicated staff in Texas have long worked to protect Texans from unhealthy levels of smog by reducing the pollution that leads to harmful ozone levels. Most recently, we have been litigating in the United States Court of Appeals for the District of Columbia Circuit to secure important Clean Air Act protections in all areas that are contributing to the serious ozone problems in Dallas-Fort Worth. Read More »

Posted in Air Quality, Climate, Natural Gas, Texas / Comments are closed

Scaling NYC Clean Heat’s Unique Public-Private Partnership for Energy Efficiency

By Abbey Brown / Published: January 27, 2014

Recently, New Yorkers bid farewell to our Mayor of twelve years, Mike Bloomberg. Under Bloomberg’s prevue, EDF helped catalyze the NYC Clean Heat program – which led to the cleanest air the City has seen in the last fifty years. Through NYC Clean Heat’s efforts over the past few years to phase out the use of highly-polluting No. 6 heating oil in more than 3,000 buildings across NYC, sulfur pollution fell by more than two-thirds while soot pollution dropped by a quarter.

NYC Clean Heat has made great strides in helping buildings become cleaner and more efficient, but there is still much work to be done. EDF is wasting no time in capitalizing on the effective public-private partnership we helped assemble of community and union leaders, policymakers and leaders in the utility, real estate and finance sectors to bring more environmental and public health gains to the City. Our next target: All that energy wasted by old and inefficient buildings.

Nearly 40% of U.S. energy is consumed by residential and commercial buildings, which are responsible for more than a third of our country’s greenhouse gases. The building sector presents one of the greatest untapped opportunities for major gains in energy savings and pollution reductions over the next several years. Read More »

Posted in Energy Efficiency, New York / Tagged NYC Clean Heat | Comments are closed