Putting the news in context sometimes requires a beat and a pinpoint. In this column, CEFF's editor focuses on how local officials responding to local pressures govern how far and how fast renewable projects can deploy in any economic context.
(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...
Putting at least some grantmaking where its goals seem to lie, the Biden Administration has committed $19 million to universities for research into methods for extracting rare-earth minerals in places with a history of coal mining. Does this slide the puck toward a diverse economy in these communities?
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.
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...
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...
