The story of a small property owner and a repaired boiler hints at the potential multipliers in C-PACE, a program that lets owners use energy savings to repay loans for upgrades. Keys to the program include training and coaching, which make the savings easier to achieve and quicker to see. Can programs like this provide cues to states revving out of the shutdown?
When the national economy kept churning, state-level green bank leaders crafted ways to help low-income and working communities to afford cleaner power. Now that the Covid-19 crisis has plunged the nation into an unemployment trough, a set of case studies from states hints at what kind of workforce and capital growth can flow from a national climate bank.
Projects to succeed fossil fuel can put millions to work in the wake of the Covid-19 shutdown. Politicians who embrace that idea, argues Coalition for Green Capital Executive Director Jeffrey Schub, can find a clap on the metaphorical back from the public. With polls showing three-fourths of a bipartisan sample favoring government investment in clean-energy jobs, the Coalition has kept arguing for a National Climate Bank and detailing plans for progress without one.
The Renewable Thermal Alliance (RTA) recently announced its 2019 Innovation Grant recipients. Each one earned $15,000 to work on ways to make heat pumps and other renewable sources of heat more popular. Two webinars in April showcased what they've done and what they'll do next.
How can we shine a light on the smart choices for the long term in this confusing moment? Among other things, we can strike up conversation within our community. While most of us work from home and hang back from the ways we'd normally convene, we'll be sharing more insights from across the CBEY network. Here, economist Ken Gillingham lays out what the oil shock might mean for solar markets' progress- and how that progress can persevere.
The country’s foremost utility geeks descended on San Antonio to let their inner wonks run wild. The conference, DistribuTech International, featured the nation’s largest utilities mingling with service providers demonstrating their latest technologies and offerings on impressively large screens and surprisingly intricate displays.
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.
Researchers have looked at historical buying patterns across multiple countries and U.S. states, and found that starting near $1,000/kW of net present value broader uptake of residential solar begins, at $3,000/kW the market is really overheating, and at $7,000/kW it’s projected that 50% of viable home owners would be financially motivated to adopt solar power.
Now, in states from New York to California, the focus of the conversation has moved from: How can utilities weather the shift toward distributed energy without suffering big losses? to: How can utilities, their customers and the electric grid as a whole best harness the benefits of distributed energy resources?