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.
Though Vivint sales representatives knock on “millions of doors a year,” CEO David Bywater said on the company’s Q3 earnings call that recent power outages have pushed many potential customers to reconsider renewables and storage.
The U.S. company’s transformation from solar manufacturer to the second-largest residential PV company in the nation is complete after it spun off its high-efficiency cell and module production unit into a new entity, in partnership with Chinese wafer maker TZS.
"Finally, the Sunshine State is living up to its name and taking steps to become a true leader in the solar revolution. A critical component of our just transition to renewable energy is ensuring that every Floridian can participate and benefit from affordable, clean, local solar power. That’s why we must extend the benefits of solar power to renters and people with homes that are not suitable for solar panels."
A conference convening 450 investment professionals, 40 speakers and more than 30 sponsors, Sustainable Investment Forum 2019 sparked debate and introspection among its attendees. The event focused on the importance of climate resilience, climate-aligned investment and how the financial sector can play its part to ensuring a swift global energy transition.
Upgrading its projections for the clean power sector yet again, the influential agency suggested that by 2024 developers will have added enough new renewables capacity to the global grid to match demand from the entire U.S. economy.
The MI Power Grid program will focus on three areas: customer engagement, integrating emerging technologies and optimizing grid performance and investments. Business groups and one of the state's largest electric utilities, Consumers Energy, applauded the move.
Bard MBA student Sahara James spoke with Rob Threlkeld, global manager of sustainable energy, supply and reliability for General Motors, about how GM has responded to changes in the renewables landscape, how company leadership reacted to his team’s pitch to join RE100, and why there’s still power in numbers.
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.
A number of offshore wind projects won contracts to sell power at guaranteed prices in a U.K. auction. The price of 39.65 pounds per megawatt-hour ($49.70) was 31% below the level in a similar auction two years ago.