Tag: business models

Chris Nelson headshot

Chris Nelson

Can Solar Catch Up to Wind in South Dakota?

South Dakota is a national leader in the proportion of its electricity mix coming from wind energy. CEFF spoke to South Dakota Public Utilities Commission Vice Chairman Chris Nelson about the status of clean energy in the state. He contends that the rise of wind in the state is traceable to federal incentives and a business-friendly policy landscape, and argues that solar may be better positioned for future growth.
Smokestacks

Lowell, MA / Curran Kelleher / CC BY 2.0

Startup Opus 12 Pilots Carbon Conversion Technology

What if excess carbon in the atmosphere could be converted to more useful forms? That’s the ultimate goal of carbon conversion companies such as Opus 12, a startup in Berkeley, California. Making stuff out of carbon dioxide could be a trillion-dollar industry by 2030, and it creates an economic incentive to start removing carbon from the atmosphere sooner rather than later, which is a critical piece of most scenarios for limiting global warming to 2 degrees Celsius.
Global Thermostat's Menlo Park, CA Plant

Global Thermostat co-founder Graciela Chichilnisky at the company's demo plant in Menlo Park, California / Photo courtesy of Global Thermostat

ExxonMobil and Global Thermostat Look to Scale Carbon Capture

This summer, ExxonMobil announced it would be working with carbon removal company Global Thermostat to help scale up their technology, with an eye towards large industrial applications. The announcement is the latest indicator that fossil fuel companies are looking ahead towards a world that’s far less friendly towards their products and the emissions they produce.
David Campell

Photo courtesy of David Campbell.

Cost-Competitive Renewables Poised to Grow in Deregulated Texas Market

Texas offers an instructive case study for the growth of renewable energy. Most of the state’s electricity is delivered through the deregulated Electric Reliability Council of Texas market. The state has long since surpassed its mandated renewable portfolio standard, so market dynamics dictate the ongoing pace of renewables growth. Nonetheless, Texas is by far the country’s largest wind power generator and is slated to see major growth in solar capacity as well.
Solar panels

Opinion: Crowdinvesting Enables Clean Energy for All

Regulatory changes to the Securities Act in 2016 enabled crowdinvesting, an idea that can usher in a new era of inclusive project finance, ripe to transform the clean energy industry. We need to envision a democratized clean energy future, with renewable energy and climate solution projects originated and owned by the communities that use them.
Storm damage in Puerto Rico

Damaged distribution lines in Puerto Rico after Hurricane Maria / Western Area Power / CC BY 2.0

Leveraging Smart Contracts for Peer-to-Peer Solar Financing in Puerto Rico

“Smart” contracts leverage blockchain technology to streamline and automate many of the most technical and time-consuming financial and logistical steps in smaller-scale solar development. Furthermore, smart contracts integrate peer-to-peer financial mechanisms, tapping into new capital pools for small and distributed renewable systems.
Point Stonington, CT

Point Stonington in Connecticut / JJBers / CC BY 2.0

Connecticut Looks Before It Leaps on Offshore Wind

A new player is entering the fold in New England’s burgeoning offshore wind sector. After years of testing the waters, Connecticut has finally jumped into the offshore wind game with a recently passed target of 2,000 megawatts by 2030. On June 4, the state legislature approved a bill establishing the offshore wind mandate, and Governor Ned Lamont signed the legislation later that same week.
Bob Mumgaard

Bob Mumgaard of Commonwealth Fusion Systems. Photo courtesy of MIT Energy Conference.

Fission to Fusion: Capital Is Flowing to the New Frontier in Nuclear Technology

If fusion technology can be successfully commercialized and integrated into the electric grid, it could go a long way toward addressing climate change and future energy crises. A growing number of private enterprises are aiming to help demonstrate its practical viability.
San Francisco shoreline with boats

Forum Spotlights Blockchain Applications for Grid Resilience

At the GTM Blockchain in Energy Forum hosted at Pacific Gas and Electric Company in San Francisco on Sept. 11, technology and energy experts focused their attention on emerging blockchain applications aimed at enhancing grid resilience: smart asset management and demand response programs. Blockchain has exploded over the past two years in the power sector.