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 today’s solar panels are tomorrow’s electronic waste, who will finance their recycling? Within a few years, the United States will be facing the sunset of a large number of solar installations. In response, Washington, California, and New York are making plans to incentivize solar-panel recycling.
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.
The recent United Nations (UN) report “Gender and Climate Finance” has said that climate finance can catalyze the transition to zero-carbon and climate-resilient development while addressing gender issues such as equality and empowerment.
While solar and wind resources are abundant in the western United States, the region faces technical, operational and management challenges in transitioning to cleaner energy portfolios. Integrating renewable energy into existing electric grids continues to be a difficult hurdle for many electricity markets. When utilities face intermittent renewable energy generation, energy imbalance markets (EIMs) have been developed to mitigate the gaps between production and demand.
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.
What are companies doing to develop insurance and maintenance coverage for solar panels where hurricanes threaten clean energy systems? In this Q&A, Michael Grasso, CMO of Sunnova, said that the combination of energy storage, solar power, and strong insurance is improving community resilience in Puerto Rico.
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...