“Flow batteries,” which last many more years and many more hours than the kind we carry in our phones, could make storage of solar or wind power much more straightforward. Firms that make them have commanded high valuations all spring, sometimes with grand and mysterious promises of energy revolution. To...
City Forest Credits matches nonprofits and cities to fundi urban trees. It describes its mission as one to make “American cities greener, healthier, and more equitable.” By computing value of rainfall interception, air quality benefits and energy savings, the outfit aims to define premium price for nonprofit organizations to charge...
Shocks can spark interest in secure sources of energy. For that reason, some insiders argue that distributed power can gain a surge of customers- even amid harsh financial conditions for solar and wind projects.
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).
A network of 54 central banks and industry supervisors formed in 2017 is looking for ways to develop a new framework for climate risk management in the financial sector. Many of the group’s members are also on the Basel Committee on Banking Supervision, which sets global capital requirements.
"The role of our financial regulators is to ensure sustainable, efficient markets that protect us from financial and economic disruptions. As we’ve seen over the years, however, they’re not always up to the task."
As more traditional venture capital and strategic investors are beginning to evaluate blockchain for the energy industry, feasible near-term use cases such as carbon credit tracking or management of utility assets may offer more immediate returns than ventures seeking to fundamentally reshape electricity markets around peer-to-peer trading.