What's on the horizon for New Jersey after the Covid-19 crisis? When we spoke with Joseph Fiordaliso, the president of the state's Board of Public Utilities, the vision includes electric cars and buses, wind turbines in the ocean, and busy factories making wind-energy equipment. A Newark native with a crackly voice, Fiordaliso has regulated utilities in three Garden State administrations.
The program is a "bridge" between the Solar Renewable Energy Certificate and "a yet-to-be determined successor incentive program," the New Jersey Board of Public Utilities said in a statement announcing its decision. New credits established under the program, Transition Renewable Energy Certificates, will be capped at a fixed price over a 15-year contract.
A new survey finds Ohio voters support a broad array of policies to address climate impacts and increase production of renewable energy in the state, and want their elected officials to support those policies.
With the opening of a solar facility in North Carolina built by solar developer SunEnergy1, the Cincinnati regional bank's pact to acquire its renewable energy credits is up and running. The solar facility is expected to generate clean power that is more than or equal to the amount Fifth Third uses in a year: 202,000 megawatt-hours – enough to power 25,000 homes.
In July, the state of Ohio passed its HB 6 energy bill, which authorizes $300 million in annual surcharges on utility ratepayers, primarily to fund four struggling coal and nuclear power plants. The bill also scales back the state’s clean energy targets. Now that HB 6 has been signed into law, what changes will it bring for stakeholders in the industry?
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.
Alaska is strongly affected by climate change volatility – and extensively engaged in fossil fuel extraction. And now it’s considering becoming one of the first states in the nation to have a green bank.
Why hasn’t saving water as a way of saving energy had its day in the sun yet in the United States? At Horizon18 in Boston on Oct. 11, speakers at the session “Smart Water Solutions and the Energy-Water Nexus” reflected on the sparkle of hope that they believed these solutions provide.