Energy Exchange

Purchasing power over politics: American consumers buy more clean energy and electric vehicles

By Jim Marston / Published: May 18, 2017

Americans are switching to cleaner cars and electricity. In addition to being smart purchases, these clean energy choices could be a political statement. Consumers are choosing to use their hard-earned dollars to show what they want: clean energy, a clean economy, and government policies that reflect their values.

Last month, electric-car company Tesla was valued higher than General Motors, making it the most valuable U.S. carmaker based on market capitalization. Despite low gas prices, U.S. sales of plug-in electric vehicles increased by 70 percent in January from the same month in 2016. The Chevrolet Volt alone saw an 84 percent increase during the same time.

The increase in electric car sales isn’t surprising in light of The Consumer as Climate Activist, a scientific article published by researchers from Yale University, George Mason University, and the University of Texas. They found that Americans are more likely to engage in consumer activism than political activism to combat climate change. And consumer activism for clean energy is on the rise. Read More »

Posted in Clean Energy, Electric Vehicles, Energy Efficiency, Solar Energy, Wind Energy / Read 1 Response

This Earth Day, 100 percent clean energy is 100 percent possible

By Jayant Kairam / Published: April 22, 2017

More than 25 U.S. cities, 12 countries, and at least 89 companies have all committed to transition to 100 percent renewable energy. That’s because they all recognize the unstoppable potential clean energy has to create jobs, strengthen and protect the economy, and fight climate change.

Now, U.S. states are throwing their hats into the 100-percent renewable ring. California and Massachusetts have proposed plans to get there, while Hawaii has made the pledge. This 100-percent dream does not come from fantasy, but is actually the result of a number of coalescing factors.

Earth Day is our time to recognize what’s more: With the right mix of clean energy technologies and solutions, 100 percent renewable is 100 percent possible.

100 percent is possible

Cost competitive and scalable renewable energy has taken off over the past 10 to 20 years. The hungry solar market in California for example, has resulted in exponential growth of utility-scale and rooftop solar over the last decade, creating over 150,000 jobs throughout the Golden State.

Recently, California powered 40 percent of its midday energy demand with solar power. A steady stream of policy actions at the state and local level – timed with the dramatic drop in costs of renewables – have helped make this possible. Across the U.S., current RPS policies alone could result in these benefits:

  • Renewables contributing 40 percent of total electricity generation in the U.S. by 2050;
  • Reducing climate change-causing greenhouse gases and harmful air pollutants like SOx and NOx (which together form ozone) by 6 percent; and
  • An almost 20 percent increase in jobs.

The bold inspiration, urgency, and benefit of 100 percent renewables is without question, but the pathway for getting there is less clear and will vary by state and region. Read More »

Posted in California, Clean Energy, Electricity Pricing, Grid Modernization, Solar Energy, Time of Use, Utility Business Models / Comments are closed

Four reasons to be optimistic this Earth Day

By Jim Marston / Published: April 21, 2017

I’m going to stay positive this Earth Day. I know that’s not what you might expect from me this year, but really, when it comes to America’s shift to cleaner, smarter, advanced energy, there’s reason to be optimistic.

  1. Business is booming…

The advanced energy industry is booming. This includes everything from solar and wind power, to new energy innovations that are smarter and reduce our reliance on fossil fuels, like energy storage, electric vehicles, energy efficiency, and demand response.

The industry grew 29 percent in the last five years, and last year was worth $200 billion – about the same size as the pharmaceutical industry. Tesla – a sort of poster child for the advanced energy industry – just passed Ford Motor Company and General Motors in market cap. In fact, the company dropped “motors” from its name last year, a simple recognition that it’s far more than a car company. Read More »

Posted in California, Clean Energy, Demand Response, Illinois, Ohio, Solar Energy, Time of Use, Wind Energy / Comments are closed

Keeping America Great: Smart Rules Can Help The Economy And Nature Prosper

By Diane Regas / Published: March 21, 2017

Barely a month after his inauguration, President Trump is proceeding with plans to dismantle protections under the Clean Air Act and Clean Water Act.  The targets include limiting pollution into streams and wetlands that flow into drinking water for a hundred million Americans, automobile fuel economy standards that cut tailpipe pollution, and performance standards under the Clean Power Plan that would boost renewable power and fight climate change.  Trump and his EPA Administrator, Scott Pruitt, have drawn up reckless plans to slash EPA’s budget—greeted with derision even by some Republicans in Congress.  With the tragic story of Flint still fresh in people’s minds, the President is betraying the demands of his own supporters — fully 64% of Trump voters want to maintain or increase spending on environmental protection.

These actions are a tragic wrong turn for the country — and not just because they threaten to roll back decades of progress on air and water pollution, and the recent steps forward on climate change.

What I especially worry about are the lost opportunities for economic growth, new jobs, and the competitiveness of American companies — at a time when China and others are stepping up.

Read More »

Posted in California, Clean Energy, Energy Financing, Energy Innovation, Grid Modernization, Illinois, Renewable Energy / Tagged | Comments are closed

What Trump and Pence Don’t Get about Clean Energy Jobs

By Jim Marston / Published: December 5, 2016

President-elect Trump’s victory tour began in Indiana last week, where he and running mate Mike Pence announced they had cobbled together enough taxpayer cash to convince Carrier – a gas furnace manufacturer that planned to move 2,000 jobs to Mexico – to keep some of its jobs in the state.

But just two years ago, Governor Pence allowed Indiana to become the first state to abandon its energy efficiency standards – a move that Carrier and other companies warned would threaten nearly 1,500 jobs and $500 million a year in local economic investment. Evidently, losing 1,500 jobs wasn’t enough to worry about. Yet two years and a presidential election later, saving 1,000 on the backs of taxpayers is held up as proof that Trump is making good on his promise to reinvigorate the American economy.

Politics is theatre, but what worries me about the Carrier announcement is that it underscores how our new president and vice president don’t understand the true economic potential of clean, modern energy.

The clean energy industry – everything from wind turbines and solar panels, to home energy storage and energy efficiency – is exploding around the country. In 2014, the U.S. clean energy market grew by 14 percent – at nearly five times the rate of the overall economy – to nearly $200 billion. That’s bigger than the U.S. airline industry, and roughly equal to the pharmaceutical business. And this growth is creating millions of quality, homegrown jobs. If Trump wants to be the jobs president he promised he would be, someone needs to brief him on the facts. Read More »

Posted in Clean Energy, Energy Efficiency, Jobs, Solar Energy, Wind Energy / Comments are closed

The Killer App for The Internet of Things? Combating Climate Change.

By Diane Regas / Published: November 21, 2016

graphicCo-authored by David Kirkpatrick, Techonomy’s CEO.

When Elon Musk announced his lower-priced Tesla 3 electric car in the spring of 2016, he opened the press conference with rhetorical questions. “Why does Tesla exist? Why are we making electric cars?” The audience of car fanatics and techies didn’t expect the answer he gave, though a clue came from the fact that Musk was already working to fold his other company, SolarCity, into Tesla. He continued: “Because it’s very important to accelerate the transition to sustainable transport…for the future of the world.”

Then Musk started talking about the world’s “record CO2 levels,” noting, “The chart looks like a vertical line, and it’s still climbing!” He sees Tesla as targeting climate change — the cars will connect to the solar systems and home storage batteries, so “every individual is their own utility,” and less carbon is emitted. Not what you’d expect from a car company.

Musk seldom uses the phrase, but what he was talking about was the Internet of Things (IoT) — putting computing intelligence into the objects and systems that surround us, connecting them to the network, and stitching it all into a digital ecosystem. Tesla’s cars, solar collectors and batteries all are connected, communicating via the internet. While the concept of IoT has been batted around the tech industry for a decade, with companies including Cisco and Intel placing hefty bets on its success, only now — suddenly — is it starting to make sense. Read More »

Posted in Clean Energy, Climate, Energy Innovation, Grid Modernization, Solar Energy, Time of Use, Utility Business Models, Wind Energy / Tagged | Comments are closed