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.”
Now that installations of solar PV coupled with battery storage (solar+storage) are becoming more common in commercial markets, it is important that disadvantaged communities not be left behind. One of the reasons for this lag in market uptake of clean energy in low- and moderate-income communities is a persistent financing gap.
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.
There was a full house when speakers offered strategic advice on energy storage financing at the Solar Power Northeast conference. Solar Energy Industries Association (SEIA) held this conference in Boston on Feb. 5-6. Solar energy storage systems are not yet widely used. And this lack of popularity can make storage systems difficult to finance.
Recent news suggests that the United States solar tariff equates to doomsday for the solar industry. However, there are many additional factors at play that add complexity to future projections – including politics, the economy, and technology. Although many in the industry agree the tariff will slow the growth of solar installations, experts are mixed in the extent to which they believe this will harm the national industry.
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.
At a public event in Boston on June 11 called "Designing Solar’s Value: A Stakeholder’s Forum," speakers outlined an ambitious proposal to shift the entire framework of solar financing in Massachusetts to a value-of-solar model. The newly founded Northeast Solar Energy Market Coalition (NESEMC) cosponsored the event, which was hosted by Solar Energy Business Association of New England (SEBANE).
Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.
A joint committee of Massachusetts senators and representatives is approaching a decision on the future of solar power. The decision will determine how to modify net metering, an incentive policy that is critical to most solar projects' financial viability. Meanwhile, utilities are unable to plan for their systems and developers have been forced to ice projects at all stages.
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.
Eden Full Goh discovered the potential of solar power when she was just 10 years old. She had come across a book in the library that taught her how to build a small solar-powered car. Once she took the book home and built it, she was hooked. She wanted to see what else she could do with this...
They appear periodically, but predictably - media reports about the powerful, corporate utilities seeking to block consumer access to rooftop solar and maintain control of the grid versus the plucky, disruptive solar companies, fighting to bring clean, free power - and energy independence - to the...