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.

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.

Because energy storage can help the power industry with many problems ranging from intermittency issues hamstringing renewables to energy crises threatening entire population centers, it is being acclaimed by many as the linchpin of tomorrow’s clean energy future.

With so much happening at a state level in solar power and energy efficiency, it is difficult to keep up with the variety of approaches and perspectives. So the Yale Center for Business and the Environment is here to help by launching “States of Clean Energy Innovation,” an online news hub with customized clean energy data and stories about the United States and Puerto Rico. Each state is different. Each state has thoughtful leaders working on our transition to clean energy. And each state deserves its own dashboard.

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.

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.

In a dynamic discussion at the Rockefeller Institute of Government on April 18 in Albany, N.Y., financial experts explained how they “follow the puck” by observing technological and social trends as they move their funds from fossil fuels toward clean energy.