As New England states progress towards decarbonization goals, the electricity spot market will see offers from solar and wind generators that incur no marginal cost. That can harm reliability and put some operators hastily out of business. To retain existing resources and the stability they bring, we need to set...
Climate scientists in the latest Intergovernmental Panel on Climate Change Report warned that without immediate large-scale reductions in greenhouse gas emissions, climate change will cause devastating economic and human losses. Policymakers must come together to implement a comprehensive climate change strategy in the United States.
In a December 2 news article, the local paper for a West Virginia city hands the mic to the head of the BlueGreen Alliance, who shares talking points for the clean manufacturing incentives in the Build Back Better bill.
In an interview with CEFF, the Connecticut
unveiled its plans to bring to market approximately $15 to 20 million of new $1,000 face value “Green Liberty Bonds” around April 22, in recognition of the 50th anniversary of Earth Day. In a twist, the new bonds will be available...
A growing list of Connecticut towns want to play a bigger role in procuring clean energy, but first they need state lawmakers to give them the authority. Known as community choice aggregation, the model gives local governments the right to buy power on behalf of their residents, enabling them to focus on buying more renewable energy or lowering costs, or both.
Utilities like Duke Energy and Xcel Energy have issued billions in green bonds to fund renewables development. Green banks in New York, Connecticut and other states are backing investments in distributed resources and energy efficiency. It appears much more institutional money wants in on the green opportunity.
Rival developer teams filed formal proposals with Connecticut regulators to build massive new wind farms off New England’s southern coast, with the state having mandated that 40% of its electricity be generated from renewable sources within a decade’s time.
In 2015 Hawaii became the first U.S. state to mandate a total transition to renewable energy. With exceptionally high energy prices and an ingrained environmental ethos, Hawaii has positioned itself as a pioneer in the quest to move toward a future free of fossil fuels.
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...