To herald "Key Economic Benefits of Renewable Energy on Public Lands," a report years in the making, CEFF invited Yale Center for Business and the Environment member Nikki Springer to expand on the themes and challenges in the work she's co-written. In this internal discussion, Nikki highlights the mix of skills CBEY aims to cultivate and shows how those skills can foster employment, fossil-free resources, and environmental flourishing in America's most biologically tricky places.
When an economy freezes, does it chill utility executives' ability to transform their energy sources? Macky McCleary, who directs energy, telecommunications and infrastructure for consulting firm Guidehouse, says the world will have to keep drawing more and more power from fossil-free sources- but he also warns that the United States may bungle the post-Covid recovery and thus thwart utilities' progress. Utilities figure to benefit from capital provisions that stoke the economic recovery- if and only if the federal government can lay out plans for public safety and retraining. We share McCleary's insight as we continue rolling out "CBEYond the Moment,"...
Germany set forth the Energiewende, an aspirational and detailed strategy for quitting fossil fuel, before Covid-19 interfered. Germany drew high marks for its handling of the Covid crisis, and many of its leaders have insisted that recovering its economy means reinforcing the Energiewende's goals. However, the way forward looks rockier. Some politicians have questioned the strategy, calling it a luxury in a time of urgent unemployment. Others call it more essential than ever. In this story, our writer looks through the strategy's evolution to find lessons for how big ideas can survive and even grow more robust in the months...
The story of a small property owner and a repaired boiler hints at the potential multipliers in C-PACE, a program that lets owners use energy savings to repay loans for upgrades. Keys to the program include training and coaching, which make the savings easier to achieve and quicker to see. Can programs like this provide cues to states revving out of the shutdown?
Corporate buyers who learn to weave power purchase agreements into their finances have drawn on research and hedges to manage electricity's risk. With the Covid-19 disaster roiling electricity markets and project schedules, we survey risk management strategies and test their resilience. Some new takes on risk- and takes on new risks- have emerged.
One of the world's biggest corporations evolved a form of power purchase agreement that houses risk within a project. A startup down the road has developed ways to streamline procurement and clarify terms for smaller companies. This article, wrapping our series on power purchase agreements' heft and potential, details these innovations and asks what light they shed on how PPAs can connect more corporations with longer and wider commitments to fossil-free power.
Power purchase agreements come primarily in two flavors: physical and virtual. In the physical deal, a buyer takes electricity on specified green terms. In the virtual arrangement, a buyer commits capital for renewable projects that will light somebody else's territory. This piece lays out the logic, risks and potential in each approach.
The Renewable Thermal Alliance (RTA) recently announced its 2019 Innovation Grant recipients. Each one earned $15,000 to work on ways to make heat pumps and other renewable sources of heat more popular. Two webinars in April showcased what they've done and what they'll do next.
Given the short history and dynamic state of the green bond market, wide variation exists in external review processes — based on regions, frameworks and evaluation parameters. Green bonds can fund energy, transportation, buildings or natural capital such as conservation. Work so far on certification shows how investors can keep building confidence and volume in this form of financing.
In this interview, Susan Glickman, Florida director for the Southern Alliance for Clean Energy, discusses the status of clean energy development in the state. Glickman lays out policy battles over renewable portfolio and energy efficiency standards, the state’s history of natural gas consumption, growth in utility solar programs, and an effort to deregulate the state’s utility industry.
South Dakota is a national leader in the proportion of its electricity mix coming from wind energy. CEFF spoke to South Dakota Public Utilities Commission Vice Chairman Chris Nelson about the status of clean energy in the state. He contends that the rise of wind in the state is traceable to federal incentives and a business-friendly policy landscape, and argues that solar may be better positioned for future growth.
Texas offers an instructive case study for the growth of renewable energy. Most of the state’s electricity is delivered through the deregulated Electric Reliability Council of Texas market. The state has long since surpassed its mandated renewable portfolio standard, so market dynamics dictate the ongoing pace of renewables growth. Nonetheless, Texas is by far the country’s largest wind power generator and is slated to see major growth in solar capacity as well.
Brandon Cheshire is board president of the Arizona Solar Energy Industries Association and founder of SunHarvest Solar, as well as a licensed electrician. In this interview, Cheshire lays out a solar industry perspective on how to advance clean energy in the state.