Energy Exchange

California bill aimed at wildfires effectively bans clean energy that may help prevent them

California experienced one of the worst wildfire seasons in its history last year. In response to widespread devastation, the state’s legislature introduced a bill last week, SB 1088, requiring regulators to establish fire risk reduction and mitigation standards for utilities. Environmental Defense Fund (EDF) strongly supports compensating Californians harmed by the fires and taking steps to prevent future fires. However, as currently written, the bill includes unnecessary provisions that would severely limit Californians’ access to distributed energy resources. Ironically, these are the tools that can help the state more quickly and cheaply fight climate change – a large contributor to its fire risk. Read More »

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Sitting down with BP to discuss its new methane target

As part of its Energy Transition report, BP announced a stringent new quantitative target to address its emissions of methane, a powerful greenhouse gas pollutant. Effective immediately, BP will target limiting methane emissions from its global upstream oil and gas operations that market natural gas to 0.2 percent. Ben Ratner, Senior Director with EDF+Business, sat down with Paul Jefferiss, Head of Policy, BP, to learn more.

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Posted in Methane, Natural Gas / Comments are closed

EPA’s updated annual oil and gas methane inventory doesn’t convey entire picture

The U.S. Environmental Protection Agency (EPA) released its annual update to the 2016 U.S. Inventory of Greenhouse Gas Emissions (GHGI) yesterday, showing a slight decrease in total greenhouse gas emissions from 2015 to 2016.

Methane, a potent greenhouse gas and the main constituent of natural gas, is responsible for roughly a quarter of global warming we see today. The GHGI estimates that 2016 methane emissions from the oil and gas industry were 8.37 million metric tons, down just over one percent from 2015 levels.

This decrease is misleading – it’s too slight a dip to indicate that industry is getting a better handle on methane. Studies also suggest that the inventory misses vast amounts of emissions from abnormal process conditions, or super-emitters.

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This cleantech hotspot is giving New York and California a run for their money

California and New York often steal the spotlight on cleantech innovation, but those in the know are keeping their eye on Illinois.

The energy sector has been undergoing rapid change in the Land of Lincoln, thanks to a slew of innovative initiatives. More than ever before, Illinois’ buildings are more efficient, its electric grid is more modern, and its electricity use is smarter. And the state is just getting started.

Powering all of the buildings in the United States costs over $400 billion a year. Many of these buildings were built long before modern energy codes and, therefore, use more power than they should. This gap presents a ripe opportunity: The retrofit industry is now valued at $20 billion, and Illinois is paying attention. The state topped the list of most LEED-certified buildings from 2013–2015, and has remained in the top 5 since. Read More »

Posted in Clean Energy, Grid Modernization, Illinois / Read 1 Response

Clean energy bill: A roadmap for New Jersey

Today, New Jersey lawmakers will be voting on a “Clean Energy Bill,” a piece of legislation that can help the state transition to a 21st-century clean energy economy, and set us on a path to becoming a national clean energy leader once again.

Gov. Phil Murphy’s pledge to source 100 percent of the state’s electricity from clean energy by 2050 points us in the right direction. But we need a roadmap to get there – one that will boost the state’s economy and reduce harmful pollution.

The clean energy bill paves the way to invest in clean energy – a critical step toward achieving a more resilient, healthier future for New Jerseyans. We can only move forward if elected officials vote for it, accelerating the adoption of renewable energy and energy efficiency. Read More »

Posted in Clean Energy, Electricity Pricing, Energy Efficiency, New Jersey, Solar Energy, Wind Energy / Comments are closed

Trump may greenlight an $8 billion attack on competitive energy markets

President Trump may soon grossly distort competitive markets for electricity. Last week, he announced his consideration of a request for “202(c),” by which he means an $8 billion proposal to bail out all merchant coal and nuclear plants in a region that spans across 13 Midwestern and Mid-Atlantic states.

The request comes from FirstEnergy, the Ohio-based utility giant that has sought billions of bailout dollars over the last decade to cover its bad business decisions. Although repeatedly rebuked by federal and state regulators, the company recently asked the U.S. Department of Energy (DOE) to bail out coal and nuclear units in the PJM-grid operator region by invoking section 202(c) of the Federal Power Act. Using this power would require the Department to find that additional compensation to these plants is necessary due to an “emergency” on the grid. The audacious proposal would bail out not only FirstEnergy’s facilities, but more than 80 coal and nuclear units throughout PJM, the largest grid-operator region in the U.S.

The plea aims to increase electricity bills by a staggering $8 billion annually. It also would insulate old, dirty power plants from competition – protecting them from markets where more affordable resources like solar, wind and natural gas are helping to drive down electricity bills for Americans. Read More »

Posted in Clean Energy, FirstEnergy / Comments are closed