What insights about the cleantech startup ecosystem can accelerate the clean energy economy? Speakers on a panel at Horizon18 in Boston on Oct. 11, “Game Changers in the Clean Economy Marketplace: Innovative Solutions for the Future,” said that while some dynamic trends are taking place in the market, they recognize the obstacles that slow down new startups and technologies.
The United States power industry is inquisitively examining the applications of blockchain technology behind closed doors. During a webinar hosted by Advanced Energy Economy on Sept. 26, “Blockchain in Advanced Energy – Applications, Opportunities and Challenges,” participants submitted over 200 questions to the speakers. That shows how compelling blockchain is to utility decision makers right now.
When electric vehicles transform the auto-driven landscape of the United States, what will low-to-moderate-income communities do? A new report from Lawrence Berkeley National Laboratory, “The Future of Transportation Electrification: Utility, Industry and Consumer Perspectives,” evaluated this accelerating controversy and emerged with some solutions.
The only way to achieve climate targets in the Northeast is to start electrifying transportation and heating to a high level. According to the report “Action Plan to Accelerate Strategic Electrification in the Northeast,” a committee of over 30 stakeholders is laying the groundwork for a massive revamp of the region’s electric power consumption to meet climate goals.
At the Yale Center for Business and the Environment, we constantly scan the horizon for transformative solutions in clean energy markets and finance. And as far and as wide as we look, we are drawn back to study the remarkable work across our home state of Connecticut.
It’s urgent to fund climate solutions in developing nations. The risk of climate-related adversities particularly affects the poor, who already suffer disproportionately from these impacts. Direct government funding is scarce in the least-developed countries. Hence, climate change investment needs are significant. One way to address this gap and also reduce investment risks is to use results-based climate finance.
The road to electrifying heating and transportation in the United States is being mapped out by Electric Power Research Institute and The Brattle Group. Their forecasts show that different paths may yield a range of environmental, business and health benefits. Electrification could also stoke the fire of utility profits, which has dimmed in recent years.
The Sun Belt offers great possibilities for solar power development. And in many states of the deep South, residential customers stand to gain massively from increased access to affordable renewable energy. The Southeast is home to much of the nation’s worst sustained poverty. Its low-income consumers have some of the highest energy burdens in the country, according to American Council for an Energy-Efficient Economy. “Energy burden” is defined as the percentage of household income that goes toward energy costs. Many states in the region maintain detrimental policy frameworks. Innovation is needed across the board to ensure solar power’s benefits are accessible to all customers.
According to a recent research study, “Energy Performance Certificates - Informing the Informed or the Indifferent?,” the presence of an energy label on homes does not have any significant impact on home pricing. A team led by Professor Jon Olaf Olaussen from the business school at the Norwegian University of Science and Technology said factors such as the location, landscaping, neighborhood and size of the property take precedence in home purchases. However, this research contradicts several studies that have shown there is a price premium associated with energy labels.
In a dynamic discussion at the Rockefeller Institute of Government on April 18 in Albany, N.Y., financial experts explained how they “follow the puck” by observing technological and social trends as they move their funds from fossil fuels toward clean energy.