Like a brilliant new TV show, new energy technologies must run the gauntlet of the pilot phase, soliciting interest from utilities and developers. In the electric industry, piloting new equipment can be particularly difficult because new, advanced energy-technology pilots must demonstrate that deployment won’t compromise the stability of the electric grid.
If Pope Francis was the United States Secretary of the Treasury, he might have issued the Department of the Treasury's recent press release on April 22 with this comment from his encyclical “Laudato Si:" “Enlighten those who possess power and money that they may avoid the sin of indifference, that they may love the common good, advance the weak, and care for this world in which we live. The poor and the earth are crying out.”
When the United States renewed funding for Advanced Research Projects Agency – Energy (ARPA-E) on March 23 despite a proposal to defund this energy-innovation agency, what galvanized support for this decision? Two reports published in 2017 by the National Academies Press and Information Technology & Innovation Foundation showed why the agency plays a quiet but energetic role that moves industries forward.
Jon Powers, a military veteran who served as Chief Sustainability Officer for the Obama administration, spoke with Clean Energy Finance Forum on Feb. 22 about what challenges the nation faces in the short run, what public policy measures should be supported and saved, and what a carbon tax could do for sustainable energy.
The focus of business leaders shifted toward new horizons on Jan. 31 at the Investor Summit on Climate Risk in New York City. These included the role of organized labor in the global energy transition. This was the first conference session Clean Energy Finance Forum has covered where labor issues were discussed at length.
Washington, DC is already on track to surpass the building energy efficiency goals it set seven years ago, according to the DC Department of Energy and Environment (DOEE). DOEE has achieved this through a unique public-private partnership participation in the Better Buildings Challenge. It also has a suite of other renewable energy and energy efficiency projects.
In this post, we’re taking a closer look at new technology being deployed in the transmission sector. We will focus specifically on how the federal government can influence what is nominally a local and regional issue.
Mexico’s Sociedad Hipotecaria Federal finances houses for low-income families. For the last five years, it has been giving incentives for the construction of energy-efficient houses through a program called “EcoCasa.” The program has been successful in reducing Mexico’s carbon footprint while sustaining the housing industry’s growth and providing affordable housing.
During the solar policy debates that have happened in the United States over the past several years, many conversations about what low-income utility customers want have taken place without the National Association for the Advancement of Colored People (NAACP) being in the room. But now that the organization has published its 2017 report “Just Energy Policies: Model Energy Policies Guide,” it’s clear that the views of its constituents have been misrepresented in these meetings.
The newly founded Clean Energy Credit Union has developed a fresh model for lending that it hopes will attract attention in the United States. It is designed to make clean energy investments more accessible to a broad variety of customers.
Growing momentum for energy efficiency financing in the United States has motivated State and Local Energy Efficiency Action Network to conduct around 20 interviews with stakeholders in five states to explore what it takes to make utility-sponsored programs succeed. The research team produced a report that outlines the pitfalls and promises of a wide range of evaluation techniques.
While making strong motivational statements at the 2016 Investor Summit on Climate Risk in New York City on Jan. 27, speakers also laid forth an ambitious set of targeted goals to implement the Paris climate conference’s agenda. These goals included implementing climate disclosure requirements; advocating for stable, economically meaningful carbon pricing; ceasing investment in coal; leveraging pension funds; scaling up green banks; clarifying what constitutes a green bond; and analyzing risks on an industry-by-industry basis.
Habitat for Humanity (HFH) is leading the way in developing sustainable, high-efficiency housing for the low- and fixed-income communities. Its latest project, the River Falls Eco Village in Wisconsin, is the first development of its kind to demonstrate that net-zero homes can provide tangible economic and social benefits to low-to-middle-income (LMI) communities.
As the biggest public funder of projects related to climate change, the Global Environment Facility (GEF) has played a crucial role in removing market barriers to investment in clean energy worldwide. Policy de-risking, investment aggregation mechanisms, and capacity building for banks and governments are key areas where the GEF has worked to increase the flow of financing.
What do leaders in the banking industry think about the potential of privately financing solar power, wind energy, and energy efficiency? In this interview, Michael Eckhart, managing director and global head of finance and sustainability at Citigroup, shares his optimism about the transition to clean energy and his observations about the persistent obstacles in the market – including the need to scale up financing for energy efficiency.