Energy Exchange

4 Ways to Invest in the Low-Carbon Economy

career-544952_640Citigroup Inc. recently pledged $100 billion for lending, investing, and facilitating deals related to sustainability, renewable energy,  and climate change mitigation. This is yet another sign that global capital markets are enormously interested in delivering capital into clean, renewable sources of energy. But you don’t have to be Citigroup to invest in the clean energy future.

The industry’s rapid growth presents an interesting diversity of  long-term opportunities for individuals like you and me who might be looking to make investments in a low carbon economy.

Fueled by an increased demand for solar and wind energy, clean energy investment last year beat expectations, rising 16 percent to $310 billion worldwide, according to Bloomberg New Energy Finance (BNEF). Fortunately, this robust growth is representative of a general upward trend in clean energy investment over the past decade.

Although the vast majority of this money is coming from governments, corporations, and private equity and venture capital firms, people of all income levels can consider whether it is right for them to add clean energy to their investment portfolios. And, you don’t need millions in the bank to make these types of investments – any investor can consider whether to put their money to use  through the four financial instruments described below. Read More »

Posted in Clean Energy, Energy Financing / Read 1 Response

Clean Mountain Air Brings Clarity to Energy Debate at Vail Global Energy Forum

Vail_Mountains-CompressedLast month, I attended the Vail Global Energy Forum in Colorado. Billed as a “mini-Davos” of energy (studiously ignoring the Aspen crowd a few hours down the highway), that moniker may have felt aspirational when the conference launched three years ago. But, this year it paid off: momentum for frank dialogue and global innovation is building on the slopes of the Vail Valley.

Here’s my take on how the clean air of the mountains cuts through the hot air of energy debates to illuminate practical, actionable ideas.

Three big ideas drove the conference:

  1. North American energy independence

Mexico, the United States, and Canada could, together, innovate their way to an energy marketplace that weakens dependence on overseas imports, scales up clean energy solutions, and charts a path to low-carbon prosperity. At times, the discussion was framed by the rise of unconventional oil and gas exploration (yes, “fracking”), collaboration around pipelines (yes, “Keystone”), and whether these could disrupt traditional geopolitical frames. Read More »

Posted in Air Quality, California, Cap and Trade, Clean Energy, Climate, Colorado, Energy Efficiency, Energy Financing, Methane, Natural Gas, New York, Utility Business Models / Comments are closed

Learn for Yourself about the Power of a Connected Home + Event Invitation

It wasn’t long after my husband connected our first smart home device, a Nest Learning Thermostat, that I noticed a change.

Each time he walked by this new gadget, he would stop and do a little dance. He was interacting with this new friend, and it was a purely emotional response. He even insisted we repaint our wall to better showcase the Nest Thermostat, though he never suggested that for our artwork. Not only was our home connected, but now our hearts were in it.

This was no ordinary smart device. The Nest Thermostat gave us a sense of power, control, and freedom. And it said “hi” to us with its shining light as we approached. The best thing was the money we were saving by lowering our electricity bill, because we could now make sense of how we were using our air conditioning. This also helped reduce our carbon footprint. Read More »

Posted in Grid Modernization, Texas / Tagged , | Comments are closed

In the Face of Extreme Drought, Australia (and possibly Texas) Undoes Best Strategy for Water Conservation: Clean Energy

Source: flickr/katsrcool Cowboys, frontier grit, accented English, and wild, wide open spaces are just a few of the similarities shared by Texas and Australia. Both places also have an energy-water problem. But, the good news for Texas is that it’s not too late for us to learn from Australia’s mistakes – and a few successes, too.

In July 2014, Australia abandoned its carbon price, which gave Australia, a country with one of the highest per capita emissions of any developed country in the world and uses even more coal than the United States, the largest carbon-price system in the world outside of the European Union. (That is, until California’s program took effect in January 2013—California has the first-ever economy-wide carbon market in North America, potentially linking to other sub-national, national and regional markets around the world.) Since then, the Australian government has been in talks to significantly scale back its renewable energy target (RET), and the months-long squabbling without resolution is threatening the country’s renewable energy sector.

Texas, whose drought started in October 2010, is now in its worst drought on record. And some Texas leaders are taking a similar, short-sighted path as Australia when it comes to rolling back successful clean energy initiatives – ones that could also save scarce water supplies. Currently in the midst of its biennial legislative session, Texas is considering bills that would scrap the state’s successful wind renewable portfolio standard and prevent the state from complying with the Environmental Protection Agency’s proposed Clean Power Plan (CPP), which establishes the nation’s first-ever limits on carbon pollution. Read More »

Posted in Clean Energy, Energy-Water Nexus, Renewable Energy, Texas / Read 2 Responses

Clean Energy Conferences Roundup: April 2015

rp_Source-National-Retail-Federation-Flickr-300x2001.jpgEach month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars.

Top clean energy conferences featuring EDF experts in April:

Apr 8: Breaking Energy Startup Forum and Mixer (New York City, NY)
Speaker: Rory Christian, Director, New York Clean Energy

  • Breaking Energy is hosting our first “Energy Startup Forum and Mixer,” which brings together clean energy industry experts, editors, and members of the finance and legal communities to speak frankly about the energy startup space, New York’s clean energy landscape, and to answer attendees’ questions about the industry. We love the one-on-one time with panelists, but this is also a great opportunity to interact with our readers: Learning what they like about Breaking Energy and how we can bolster our coverage. Read More »
Posted in Clean Energy, Conference Roundup / Comments are closed

Study Shows Utilities And Regulators Making Progress On Methane Leaks, But A Major Emissions Problem Remains

Thpipelinemethaneemissionse most important takeaway from a study released today by Washington State University (WSU) is that despite improvements, large amounts of methane continue to leak from the nation’s local natural gas systems. Because methane is a particularly potent greenhouse gas, these yearly emissions are comparable to the CO2 from as many as 19 coal-fired power plants.

The estimated value of the gas escaping each year, by the way, is up to $195 million.

Although these figures represent a major ongoing challenge for gas utilities, they do reflect substantial improvement over the past two decades, thanks to a combination of effort and investment by utilities, along with a series of both state and federal policy changes enacted since 1992.

The new findings reinforce the fact that when regulators and companies both set their minds to fixing a problem, they can get some pretty good results. Methane, the primary component of natural gas, is a particularly powerful climate warmer – 84 times more potent than carbon dioxide over the first 20 years after it is released to the atmosphere.

While they remain a serious problem, the ongoing utility emissions also represent an important opportunity for companies and regulators to make a big dent in greenhouse pollution. EDF believes the study underscores three major areas where improvement is necessary: Read More »

Posted in Methane, Natural Gas / Read 2 Responses