Clean Energy Finance Forum

This explainer is the third part of a series by Sara Harari and Nate Grady on how microgrids are being used to transform the electrical grid. As climate change becomes the new reality, policymakers must decide how to invest limited resources in advanced technology and infrastructure. At the heart of this challenge is the debate over adaptation versus mitigation: should we focus our efforts on avoiding the worst effects of climate change (i.e. reducing the amount of greenhouse gasses we release going forward), or should we divide our resources and invest simultaneously on adapting to the most likely effects of...

Vastly higher clean energy targets are essential to empower the international community to make the leap to a sustainable future, according to Richard Heinberg, coauthor of “Our Renewable Future: Laying the Path for One Hundred Percent Clean Energy.” In this interview, he delves into the practical challenges involved in the global transition to renewable power sources.

Developers in the United States believe that there is still room to maintain an adequate level of return for their power-purchase agreements (PPAs). Electricity prices in recent years have plummeted both for PPAs and in the wholesale market. Even so, developers believe that they can benefit from the expected decrease in capital costs and the increasing clean energy interest from companies.

“There are no jobs on a dead planet,” said Sharan Burrow, general secretary of the International Trade Union Confederation. Burrow is vice-chair of The B Team, a coalition of business and civil society leaders that was founded by Richard Branson and Jochen Zeitz. In an attempt to address the dual dangers of economic injustice and environmental disaster that Burrow’s remark references, The B Team launched the Pledge for a Just Transition to Decent Jobs in August 2018.

Community microgrids can be initiated by a wide range of individuals or organizations. They include mayors and utilities. They also may include “anchor” off-takers like hospital management, development companies, or community organizations. But to succeed, they require that at least one person really take the lead and energize the project.

The versatile online State Energy Analysis Tool produces visuals and data analyses on energy and climate at the state level as well as the national level in the United States. This information allows states to explore their potential for renewable energy and carbon markets. It provides powerful data visualization for users to access information on clean energy, carbon emissions, and industry regulations.