Clean Energy Finance Forum

The parent company of renewable generator Avangrid has offered to buy PNM Resources, broadening its footprint from Texas to New Mexico. (Note: One of CBEY's team members has provided consulting services to Avangrid.)

"In Washington and many other states, we are using innovation and cooperation to grow jobs and protect the planet. As Washington’s governor, I know firsthand the obstacles states face when they respond to increasingly devastating floods, wildfires, and earthquakes, and other catastrophes made worse by a changing climate."

A case before state utility commissioners foreshadows what’s likely to be an ongoing debate as the utility cuts carbon.

A study by Texas Advanced Energy Business Alliance identified two ways distributed energy resources can reduce costs: act as non-wires alternatives to avoid investment in tranmission and distribution ($2.45 billion over ten years), and decrease peak energy costs in the wholesale market which is worth $3.01 billion.

Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state.

Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s website became a solid and deep red, many energy market wonks highlighted that this is a feature, not a failure, of the market.

On June 26th, Governor Janet Mills signed new legislation to broaden customer access to net metering (known in Maine as net energy billing) and to promote distributed energy generation, including through competitive procurements for long-term contracts with the state’s transmission and distribution utilities.

With so much sunlight on tap, solar power has begun to boom in Puerto Rico since Hurricane Maria. Across the island, individuals, communities and businesses are installing solar panels and battery systems.