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?
Join Carbon War Room founder Jigar Shah, New York state energy czar Richard Kauffman, CBEY advisor Namrita Kapur and other practice leaders for a 90-minute dive. We'll explore how capitalizing tech startups can catalyze action to bring down emissions and bring up employment after the pandemic.
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.
Delaware consumes 100 times more energy than it produces, according to the Energy Information Administration, and gets 87% of its electricity from natural gas. The state’s renewables portfolio consists primarily of solar and biomass; a 120-megawatt offshore wind facility is expected to be online in 2022. CEFF spoke to Tony DePrima, executive director of the Delaware Sustainable Energy Utility (DSEU), about the state’s clean energy landscape.
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).
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.
Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow by using cheap and abundant zinc. The company received CAD $2 million (USD $1.5 million) in non-dilutive grant funding from Sustainable Development Technology Canada, a federally funded body charged with vetting and funding cleantech hardware innovation.
In this interview, Susan Glickman, Florida director for the Southern Alliance for Clean Energy, discusses the status of clean energy development in the state. Glickman lays out policy battles over renewable portfolio and energy efficiency standards, the state’s history of natural gas consumption, growth in utility solar programs, and an effort to deregulate the state’s utility industry.
Michigan can unlock energy-saving upgrades for homeowners by passing residential property assessed clean energy legislation. The legislation should guarantee energy savings and protect consumers by including a method for determining eligible energy-saving measures; restrictions to R-PACE financing amounts and underwriting criteria; and robust consumer protection provisions.
To capture the energy efficiency opportunity across the U.S. economy, the House Energy and Commerce Committee should introduce a bill to establish a national energy benchmarking standard for commercial buildings. Building on the success of local ordinances, the proposed bill would create a national requirement while giving state and local governments the option to maintain more aggressive requirements if they desire.