The Virginia Clean Economy Act, narrowly passed by both chambers of the state legislature, sets one of the largest energy storage targets in the country at 2.4 GW by 2035 and pushes state regulators to devise a carbon dioxide cap and trade program that complies with the Regional Greenhouse Gas Initiative (RGGI).
Solar growth from the Virginia Clean Economy Act could create 29,500 direct solar jobs in Virginia, and tens of thousands of indirect jobs, according to a new study released today by a coalition of rooftop and shared solar companies and advocates.
A proposal making its way through the Iowa legislature would impose new monthly fees on homes and businesses that own solar power systems, adding years to the payoff period before customers' utility-bill savings would cover the cost of adding solar.
The Green New Deal that some Democrats are now championing is unlike anything this country has ever done before. But scientists have been studying policies like these for decades. And their research can tell us a bit about what might happen if we pass this sweeping new vision for climate action and economic equality.
Though still an industrial metropolis, Chicago is actively becoming a clean energy innovation hub for microgrids, electric cars and next generation battery research. But the startup momentum in the energy sector isn’t matched with enough venture capital enthusiasm.
The Green New Deal means different things to different people. In some ways, that’s part of its appeal. On the other hand, a Green New Deal can’t mean anything anyone wants it to, or it will come to mean nothing at all.
Companies increasingly want to pay a fixed subscription fee for a range of products, from efficiency upgrades to their entire energy packages. "Private utility" models have emerged due to the growing power-sector trend of Energy as a Service (EaaS).