Energy Exchange

Is 15% of the Global Clean Energy Market Good Enough?

How does 15 percent measure up?https://www.flickr.com/photos/usdagov/7556615906/

If you’re talking about a baseball batting average, 15 percent puts you on the first fast and joyless train to Mudville. If you’re talking about return on savings with today’s interest rates, 15 percent has you laughing all the way to the bank.

If, however, you’re talking about America’s share of a $1.3 trillion global clean energy market, as Advanced Energy Economy recently reported, that 15-percent figure, while not too shabby, merits further consideration about how we got here – and where we should be heading.

Advanced energy market grew a whopping 14% 

Sure, the “advanced energy market” is a broad term, but that’s because it’s a broad market.

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Posted in Clean Energy, Clean Power Plan / Read 2 Responses

What Tesla’s Powerwall Home Energy Storage Battery Means for Texas

Source: flickr/genphys

Source: flickr/genphys

There is enough solar energy potential in Texas to power the world twice over. Yet currently we rank 10th in the nation (behind New Jersey) with 330 megawatts (MW), which is enough to power about 57,000 homes. Texas is a state of almost nine million households. That’s a lot of rooftops, and when you add the number of commercial and industrial rooftops, parking lots, and garages, we are talking about a significant amount of surface area.

Meanwhile, the cost of solar panels has dropped 80 percent since 2008 and prices for rooftop photovoltaic (PV) systems have declined markedly in recent years, dropping 29 percent from 2010 to 2013. Moreover, jobs in the solar industry are booming –SolarCity is hiring significantly more people than leading tech companies like Twitter.

So, what will it take to energize rooftop solar growth in Texas? Well, a recent announcement from one of Texas’ “frenemies” may be part of the solution. Read More »

Posted in Grid Modernization, Texas / Tagged , | Read 4 Responses

So You Want an EV? We’re Helping to Figure Out How to Make it Happen

Ride_and_Drive_EVs_Plug'n_Drive_OntarioYou may have noticed:  we’re big fans of electric vehicles (EVs) here at Environmental Defense Fund (EDF). Standard transportation fuels are one of the biggest sources of harmful greenhouse gas emissions, so vehicle electrification is a crucial part of our clean energy future. But getting more EVs on the road is about more than just giving customers incentives to buy these types of vehicles. We also need to deal with where and how we charge EVs.

From April 27th to May 4th, EDF was engaged in evidentiary hearings at the California Public Utilities Commission that dealt with San Diego Gas & Electric’s (SDG&E) new electric vehicle pilot. Representatives from EDF, the Utility Consumers’ Advocacy Network, the Office of Ratepayer Advocates, SDG&E, Pacific Gas & Electric, ChargePoint, KnGrid, the Natural Resources Defense Council, and the Green Power Institute, were all putting their best foot forward at the hearings. While there were sadly no Perry Mason moments (aside from an unsilenced cell phone playing the theme song in the middle of the hearings), I did try my hand at challenging witnesses on some key points through cross-examination for the first time. More importantly, the six-day-long process allowed Jamie Fine to shine as an expert witness and raise a number of matters of high priority to EDF.  Read More »

Posted in California, Clean Energy, Electric Vehicles, Electricity Pricing, State / Comments are closed

Three Climate Leadership Openings Corporate America Can’t Afford to Miss

Too much ink has been spilled on the anti-climate furor of the Koch brothers. If we lose on climate, it won’t be because of the Koch brothers or those like them.

It will be because too many potential climate champions from the business community stood quietly on the sidelines at a time when America has attractive policy opportunities to drive down economy-endangering greenhouse gas emissions.

Corporate executives have the savvy to understand the climate change problem and opportunity. They have the incentive to tackle it through smart policy, and the clout to influence politicians and policy makers. Perhaps most importantly, they can inspire each other.

And today, they have a chance to do what they do best: lead. Corporate climate leadership has nothing to do with partisanship – it’s ultimately about business acumen.

For starters, here are three immediate opportunities smart companies won’t want to miss. Read More »

Posted in Clean Energy, Climate, Methane, Natural Gas / Comments are closed

Are Apple and Google Disrupting America’s Century-Old Energy Market?

solartesting_378x235Apple made news earlier this year when it signed an $848-million “direct access” deal to bypass Pacific Gas & Electric Co. and buy clean energy directly from a third-party solar provider. For Apple, the big win was a contract that locked in affordable energy for the next 25 years.

But the deal also set a historical precedent for corporate renewable energy purchases that may, over time, have huge financial implications for traditional utilities.

Energy deals break new ground

With its solar contracts, the iPhone maker is insulating itself from the price volatility that accompanies fossil fuels, in addition to getting power for less than half the cost. Going forward, it can count electricity as a fixed, predictable cost – an attractive proposition that is sure to spark interest among other large buyers of electricity.

Apple’s investment in First Solar’s PV Flats, a 2,900-acre solar array in Monterey, California, also suggests that corporations are ready to take procurement of energy to a new level.

On the heels of Apple’s deal came news that Google signed a 20-year purchase agreement to buy half of the energy produced at the soon-to-be refurbished Altamont Pass wind energy facility. The wind turbines there will power the company’s sprawling Googleplex headquarters in nearby Mountain View, California – again, effectively bypassing the local utility. Read More »

Posted in California, Clean Energy, Renewable Energy / Tagged | Read 1 Response

FirstEnergy Wages All-Out War on Clean Energy

FE FactsAmerica’s electricity landscape is changing dramatically. Clean energy resources like solar and wind are becoming cost competitive with conventional coal, global corporations like Walmart, Google, and Facebook are pressuring utilities to increase their share of renewables, and the cost of investing in energy efficiency measures is now under half the cost of building dirty, coal-fired power plants.

While some in the utility industry are adapting their business models to accommodate these changes, others are fighting it. Nowhere is this more apparent than in Ohio, where Akron-based power company, FirstEnergy, recently gained regulatory approval to abandon its energy efficiency programs. While this move is expected to raise electricity rates for FirstEnergy customers and increase harmful emissions from the coal-fired power plants that will be needed to “fill the gap” of previously offset energy demand, FirstEnergy has much more in store for the Buckeye State. In fact, they are waging an all-out war on clean energy in a last-ditch effort to protect their inefficient, polluting, and unprofitable fleet of coal-fired power plants. Read More »

Posted in FirstEnergy, Ohio / Read 2 Responses