(Photo by Don and Suzan Weller, via Flickr Creative Commons.) As the sun sets over Waterford, CT, an expert proposes a price floor in wholesale electricity markets.
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...
(Photo by Hugh Kenny, Piedmont Environmental Council.) A solar array in Virginia stands for the kinds of investment that could crowd in with a properly targeted federal carbon price.
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.
As electric vehicles' glamour grows, states need to guide utility leaders to absorb the cars into the grid. Wisconsin has made a start, according to this December 18 report.
Installations from the Connecticut Green Bank's Posigen program in Bridgeport, CT / Courtesy of Connecticut Green Bank
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.
