Energy Exchange

State of the Union Recap: We can Afford Obama’s Clean Energy Legacy

President Obama

In his final State of the Union address last night, President Obama did not spend any time bragging about his signature environmental achievements, such as the Clean Power Plan or the Paris climate accord. Instead, he highlighted the need for a more flexible electric grid in order to accelerate America’s transition to a clean energy economy, noting that, “Rather than subsidize the past, we should invest in the future.”

But some climate deniers and industry leaders alike are stuck in the past, and do not share Obama’s enthusiasm for a clean energy future. They argue that this path will cost too much and have a devastating impact on our economy. We’ve heard this argument before, and it doesn’t hold true. Read More »

Posted in Clean Power Plan, Climate, Energy Financing, Grid Modernization / Comments are closed

Methane Emissions are Risky Business for Investors

No one likes uncertainty, least of all investors. From changes in interest rates, to supply chain disruptions, the list of risks investors must monitor is long and growing. Good, actionable information is investors’ most important tool for risk management and integral to successful investing. Without proper data, investors are flying blind.

A new report published by EDF this week  throws the spotlight on a growing risk for investors—methane emissions from the oil and gas sector. As so clearly demonstrated by the ongoing and massive leak at Aliso Canyon, methane emissions pose a multitude of expanding risks, with both short and long-term consequences.Three key risks from oil & gas methane

At 84 times more powerful than carbon dioxide in the short-term, methane emissions represent a potent and fast-emerging form of carbon risk. In a world looking to reduce carbon pollution, methane emissions pose regulatory, reputational and economic risks. Preparedness to comply with forthcoming rules varies across the industry, methane undercuts natural gas’ ability to play a role in a carbon-constrained world, and emissions of methane are lost product amounting to $30 billion a year globally. Read More »

Posted in Aliso Canyon, Methane, Natural Gas / Comments are closed

How Battery Technology and Crowd-Sourced Energy Can Save Our Aging Grid

By: Karin Rives

Not too long ago, making and selling your own electricity via rooftop solar was a novelty. Today, with 784,000 homes and businesses in the United States already on solar, such transactions are taking place every day in 44 states.

Now comes Bring Your Own Battery

Posted in California, Electric Vehicles, Grid Modernization, Solar Energy, Utility Business Models / Tagged | Comments are closed

10 Clean Energy Trends that Prove 2015 was a Transformative Year

Back in September when the New York Times declared 2015 “the year humans got serious about climate change,” we knew they were on to something. But as we near the end of 2015, it’s hard to believe we’ve accomplished as much as we have in just 12 months.

This momentum culminated in representatives of 195 nations agreeing in Paris to act together on world knowledge of climate change. This historic agreement will aim to reduce global greenhouse gas emissions, report transparently, and review and strengthen standards every five years. EDF President Fred Krupp stated, “It sends a powerful, immediate signal to global markets that the clean energy future is open for business.”

Though history proves “hindsight is 20/20,” historians just might look back at 2015 as the year everything changed for clean energy. Here’s a look at some of the top trends that fueled climate action by governments, investors, corporations, individuals, cities, utilities, market analysts, real estate professionals, and cleantech leaders in 2015. [Click through the following slideshow to see the trends.] Read More »

Posted in Clean Energy, Electricity Pricing, Energy Efficiency, Energy Financing, Energy Innovation, Utility Business Models / Tagged | Comments are closed

In California, Electric Vehicles are the New DeLorean in ‘Back to the Future’

CARRAs any child of the ’80s knows, October 21, 2015 is “Back to the Future Day” – the day that the film’s protagonist, Marty McFly, travels to the future in his DeLorean. Though it would no doubt be useful to have access to flying cars (think of the traffic one could avoid), Californians are seeing increased access to something more practical: electric vehicles (EVs).

In order to meet the state’s greenhouse gas (GHG) reduction goals, emissions from transportation – the sector most responsible for harmful pollution – need to be addressed. Enter Governor Brown’s zero-emission vehicle (ZEV) mandate, which aims to build enough infrastructure statewide to support one million clean vehicles by 2020, and put 1.5 million ZEVs on the road by 2025. With this executive order, we have a much better chance of ensuring a low-carbon future and effectively combatting climate change in California. Read More »

Posted in California, Electric Vehicles, Electricity Pricing, Grid Modernization / Comments are closed

A Sunny Future for Utility-Scale Solar

512px-Nellis_AFB_Solar_panelsUtility-scale solar and distributed solar both have an important role to play in reducing greenhouse emissions, and both have made great strides in the past year.

Utility-scale solar, the focus of this article, is reaching “grid parity” (i.e., cost equivalency) with traditional generation in more areas across the country.  And solar received a major boost when the federal tax incentive was recently extended through 2021. The amount of the incentive decreases over time, but the solar industry may be able to offset the lower tax incentive if costs continue to decline.  New changes in policy and technology may further boost its prospects.

Record year for utility-scale solar

Some of the world’s largest solar plants came on-line in the U.S. during the past year, such as the 550-megawatt (MW) Topaz Solar plant in San Luis Obispo County, California and the 550MW Desert Sunlight plant in Desert Center, California. Last year saw a record increase in the amount of new utility-scale solar photovoltaic generation installed – about four gigawatts (GW), a whopping 38 percent increase over 2013, and enough solar power to supply electricity to 1.2 million homes.  This number is expected to increase in 2015 when the final numbers are in. Read More »

Posted in Clean Power Plan, General, Solar Energy / Tagged | Comments are closed