Outside the national spotlight, at a community development financial institution (CDFI) in Chicago, a high-performance program has been financing energy efficiency since 2008. This program could become the seed of one or more vastly larger projects to fund retrofits for affordable apartment buildings nationwide – if resources are available.
In an effort to tackle growth in greenhouse-gas emissions and meaningfully address the challenge of energy poverty in India, the government plans to install 175 GW of renewable-energy capacity by 2022 to help provide electricity to the 309 million Indians who currently lack access to modern energy services.
Bloomberg New Energy Finance (BNEF) has launched a free online tool called Climatescope for analyzing clean-energy policy and investment opportunities in emerging markets. Climatescope has data on 58 countries across Africa, the Middle East, Asia, Latin America, and the Caribbean.
Now that the high-leverage Weatherization Assistance Program has been starved of funding for a few years, the fact that United States legislators are discussing closing its doors is not surprising. This shortsighted viewpoint reflects the proposed federal budget’s overall disinterest in poverty alleviation.
While energy-storage technologies are becoming an increasingly viable option, storage for solar (solar+storage) is mostly serving only high-end commercial markets. However, since this combination reduces costs and increases resilience, this emerging market is uniquely positioned to greatly benefit low-to-moderate-income (LMI) communities. The challenge is: how can we make it financially viable for this underserved demographic?
The MIT Energy Conference, which took place on March 3-4 in Cambridge, Massachusetts, explored the financial and social barriers to the major infrastructure projects that are required to support next-generation energy investments. Speakers analyzed the many changes that stakeholders face when they start expanding their use of renewable energy and energy efficiency.
This year’s Columbia Energy Symposium on Feb. 2-3 in New York City covered technologies and business models that are disrupting the traditional energy system. The main takeaway was that the energy-system landscape is shifting. Panelists said they anticipate changes to the electric grid and the way in which energy products can be packaged.
What is the federal government doing to catalyze access to clean energy? Last year, the United States Department of Energy (DOE) launched two programs that work side by side: the Clean Energy Savings for All initiative and the Clean Energy for Low-Income Communities Accelerator. These programs attempt to identify and promote models that work for low-to-moderate-income communities in urban and rural areas in every region of the country.
Now that Energy Star’s incentive for manufactured housing has reached its sunset date at the end of 2016, who will take the lead in advancing these goals? The federal political climate is not an encouraging one for Energy Star because it is a United States Environmental Protection Agency program.
After continuously strengthening its ties since 2013, 100 Resilient Cities (100RC) is well on its way to facilitating a global practice of urban resilience. 100RC is a nonprofit supported by The Rockefeller Foundation.
Growing momentum for energy-efficiency financing in the United States has motivated State and Local Energy Efficiency Action Network to conduct around 20 interviews with stakeholders in five states to explore what it takes to make utility-sponsored programs succeed. The research team produced a report that outlines the pitfalls and promises of a wide range of evaluation techniques.
At a public event in Boston on June 11 called "Designing Solar’s Value: A Stakeholder’s Forum," speakers outlined an ambitious proposal to shift the entire framework of solar financing in Massachusetts to a value-of-solar model. The newly founded Northeast Solar Energy Market Coalition (NESEMC) cosponsored the event, which was hosted by Solar Energy Business Association of New England (SEBANE).
Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.
A joint committee of Massachusetts senators and representatives is approaching a decision on the future of solar power. The decision will determine how to modify net metering, an incentive policy that is critical to most solar projects' financial viability. Meanwhile, utilities are unable to plan for their systems and developers have been forced to ice projects at all stages.
One of the overlooked elements in President Obama's Clean Power Plan is the positive effect it will likely have on low-income United States citizens - those who suffer most from climate change and who are facing a crisis in available affordable housing...
Eden Full Goh discovered the potential of solar power when she was just 10 years old. She had come across a book in the library that taught her how to build a small solar-powered car. Once she took the book home and built it, she was hooked. She wanted to see what else she could do with this...