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“Heck Yes”– Millennials Respond to the President’s Call

By EDF Blogs / Published: June 27, 2013

This commentary originally appeared on the EDF Climate Corps Blog

By: Katie Ware, EDF Senior Marketing Communications Specialist

The environmental community is abuzz with reactions to President Obama’s wide-ranging Climate Action Plan. His speech introducing the plan Tuesday sparked immediate conversations about the Keystone XL Pipeline, the coal industry, the transportation sector and half a dozen other hot button environmental issues.

For me, his speech hit home in the first minute. Addressing the crowd at Georgetown University, he said he wanted to speak directly to my generation “because the decisions we make now and in the years ahead will have a profound impact on the world that all of you inherit.”

Confident, connected and open to change (says Pew), we Millennials are 95 million strong. We elected and then re-elected Obama looking for precisely this type of bold action on issues we feel passionately about.

“Someday our children and our children’s children will look us in the eye and ask did we do all that we could when we had the chance to deal with this problem and leave them a cleaner, safer, more sustainable world. I want to be able to say yes we did. Don’t you want that?” he asked.

My answer to the President is, heck yes, and my peers are with me. Read More »

Posted in Climate, EDF Climate Corps, Energy Efficiency, General / Comments are closed

President Obama’s Plan To Accelerate The Transition To A Clean Energy Economy

By Jim Marston / Published: June 25, 2013

Source: Ethan Miller/Getty Images

Today President Obama took an important step toward meeting the promise of his inaugural address to “respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations.” The headline, of course, is the commitment to take serious action to address the most significant challenge our generation faces – climate change. And, with it, the extreme weather and public health burdens that are already making life harder for vulnerable regions and people nationwide, and that stand to become so much worse as the root cause remains unaddressed.

In his Climate Action Plan announced at Georgetown University, the President laid out his vision for putting in place common sense policies that will cut harmful carbon pollution while driving innovation, cutting energy waste and energy bills, creating jobs and protecting public health.

Most Americans would be shocked to know that there are no current limits on carbon pollution from power plants. By setting the first standards in history for carbon pollution from power plants in the United States – which produce 2 billion tons of this pollution each year, or about 40% of the nation’s total – the President will help modernize our power system, ensuring that our electricity is reliable, affordable, healthy and clean. And we can do this in a way that can give industry the flexibility it needs to make cost-effective investments in clean energy technologies.

A modern, intelligent, interactive electricity system will help minimize problems that arise from extreme weather events and other disruptions and maximize renewables, efficiency and consumer choice. Since the President took office, our country has seen the beginnings of a revolution in the energy sector – technological innovations have put us on track to energy independence and clean, homegrown energy resources constitute a growing share of electric generation capacity. Reducing wasted energy and using more clean energy offer enormous potential for our health, economy and climate, including:

– Little to no harmful pollution = improved public health

– An unlimited, homegrown energy supply = less reliance on foreign oil

– Economic development = more jobs

– Stable energy prices = lower electric bills and improved economic stability

– A more reliable, resilient energy system = less costly, scary blackouts

– A global leadership position in the multi-trillion dollar clean energy economy = reclaimed pride and competitiveness for America’s manufacturers

Posted in Climate, Energy Efficiency, Grid Modernization, Renewable Energy, Washington, DC / Tagged Climate Action Plan, climate change, President Obama | Read 1 Response

Demand Response: Power For The Grid Starts With The People

By Marita Mirzatuny / Published: June 24, 2013

Earlier this month, I had the opportunity to speak on a panel entitled, Resource Adequacy & Demand Response: Ensuring Texas’ Future Reliability at the 7^th Annual Platts Texas Energy Markets Conference in Houston, TX. Following fellow panelists, “Trip” Doggett, CEO of ERCOT; Milton L. Holloway, President and COO of the Center for the Commercialization of Electric Technologies; and John W. Fainter, Jr. President and CEO of the Association of Electric Companies of Texas, I spoke about EDF’s work with the Pecan Street Research Institute (Pecan Street) to test and deploy various smart grid consumer products.

One of the many cutting-edge research projects being conducted by Pecan Street is an examination of consumer behavior with regards to energy usage. Trends in the data show that giving people the ability to control their energy use, and their energy generation, generally results in cost-effective, environmentally-conscious decisions. These shrewd decisions are becoming increasingly important as Texas faces a lack of energy resources to meet the state’s increasing need for more electricity.

With July just around the corner, the summer heat is ramping up in Texas, and the Electric Reliability Council of Texas (ERCOT) is preparing for extreme temperatures to push the electric grid to its limits. State regulators and ERCOT stakeholders are urgently seeking a solution to the looming Texas Energy Crunch. The Public Utility Commission of Texas (PUC) has already raised the maximum price in the electricity market a number of times, but this is a band-aid for the problem, not a long-term solution. Read More »

Posted in Demand Response, General, Grid Modernization, Texas, Utility Business Models / Comments are closed

Strong Federal Air Measures Still Needed

By EDF Blogs / Published: June 21, 2013

This blog post was written by Tomás Carbonell, Attorney in EDFs Climate and Air Program. Jack Nelson, a legal intern in EDF’s Washington, D.C. office, assisted in the preparation of this post.

Source: EPA

The U.S. Environmental Protection Agency put in place last year important standards to protect public health and reduce emissions of harmful air pollutants from oil and gas storage tanks and related equipment. EPA wisely issued those standards after thousands of comments were provided by concerned public advocates for cleaner air. With oil and gas production expanding quickly, tough standards are needed now more than ever to assure air quality protections for people living near oil and gas producing areas.

Recently, EPA proposed changes to standards for storage tanks in the oil and gas sector — a major source of pollutants that contribute to smog, climate change, and other threats to public health and the environment. These changes would undermine the progress made thus far and would lead to significant and unnecessary increases in emissions of volatile organic compounds, methane, and other pollutants. EDF is urging EPA not to finalize the proposed revisions in comments filed together with Clean Air Council, Clean Air Task Force, Environmental Integrity Project, Natural Resources Defense Council and Sierra Club.

Proposed Changes to the Storage Tank Standards

Last fall, oil and gas industry groups petitioned EPA for changes to the storage tank standards, arguing that less stringent standards are needed because these tanks are even more numerous and emit at higher levels than EPA predicted when it was developing the current standards. If anything, this new information indicates the need to maintain or strengthen health-protective standards for storage tanks. EPA’s proposed changes would instead: Read More »

Posted in Methane, Natural Gas, Washington, DC / Comments are closed

How Policy Can Drive Progress In The Energy Efficiency Market

By Kate Zerrenner / Published: June 20, 2013

Energy efficiency is one of the fastest and most affordable ways to reduce harmful pollution. Why, then, aren’t we financing more energy efficiency upgrades?

Well, simply put, there are quite a few barriers that must be addressed and broken down before energy efficiency skyrockets. Yes, there are already many buildings that have set the bar high for others to follow, but some investor and lender hesitancies still exist that we need to overcome.

Furthermore, the efficiency market cannot create itself. And it is currently stifled, despite investors’ eagerness to take part.

The problem, as the investment community sees it, is that there is no secondary market for energy efficiency loans. In other words, the pool of loans is currently not large enough to make these investments worthwhile for institutional investors. Furthermore, there is a lack of uniform standards for energy efficiency loans, limited data on loan and project performance and an insufficient pipeline of projects. There are also challenges to bringing efficiency to scale, namely:

the split incentive—disconnect between the building owner and the residents, who actually pay the utility bill;
utility disincentives—utilities generally make money by selling more energy, not by reducing wasted energy; and
limited information available to consumers on their energy use.

Posted in Energy Efficiency, Investor Confidence Project, On-bill repayment / Comments are closed

Investor Confidence Project Releases Enhanced Energy Efficiency Protocols

By EDF Blogs / Published: June 14, 2013

This blog post was written by guest blogger Matt Golden, Senior Energy Finance Consultant.

Source: City-Data.com

The EDF Investor Confidence Project (ICP) is a multi-year initiative to help spur growth in the commercial energy efficiency retrofit market by reducing transaction costs and engineering overhead, and increasing the reliability and consistency of savings. EDF has worked with a cross-functional team of industry experts to assemble existing technical standards and best practices into a straightforward Energy Performance Protocol (EPP) that defines a standard investment quality energy efficiency project to enable deal-flow and investment.

In November of 2012, we released the initial version of the Energy Performance Protocol for Large Commercial (EPP-LC). We received encouraging reviews from industry allies and many industry leaders have committed to join our growing ICP Ally program, a broad based network of organizations that helps us develop, test, and implement the ICP Protocols.

New Release: Large Commercial – Version 1.1

Building on our initial success and market feedback, ICP is now releasing a new and updated version 1.1 of the EPP-LC, which incorporates a wide array of important improvements that will streamline the project development process and improve results.

Our ICP team is incredibly grateful to all individuals that contributed their time and energy to this process resulting in a more streamlined protocol, especially our committed team of experts who dedicated untold hours and contributed a wide array of industry, research, and public sector experience.