This site in Lynchburg, VA evokes tobacco production - but the whole region can embrace clean energy generation. (Photo by Kipp Teague, via Flickr Creative Commons.)
The Tobacco Region of Virginia, as its name shows, knows economic transitions. It can use its expertise in workforce development and industrial support to train workers and incentivize investors to speed the clean energy transition through this historic section of a rapidly changing state.
In the American Southeast, oil and gas developers have shown interest in learning the economics of offshore wind. States and the federal Bureau of Ocean Energy Management have wanted to encourage this interest. This memo sets out steps for state-federal cooperation to encourage offshore wind deployment around and across the...
With incentives for investors and developers to pour renewable electrons onto the grid, says Millar, markets will reward companies who provide around-the-clock power from a mix of sources.
David Millar is the Principal of Markets, Legislative and Regulatory Policy at Wärtsilä Energy, a Finnish energy company that claims to “lead the transition to a 100% renewable energy future”. In a recent talk at CBEY, Millar highlighted three trends to watch within the energy markets related to Distributed Energy...
Most investment in solar and wind power involves drawing cash from investors who use those technologies' tax credits. The Inflation Reduction Act removes some barriers and doubts about the tax credits, signaling a rise in their use. But nothing is ever simple, and investors are bringing vital questions about timing...
This photo of Jack's Solar Garden and its agrivoltaic plans comes from the National Renewable Energy Laboratory.
Now that the Inflation Reduction Act's incentives operate as American law, it will take compromise and conciliation to make the investments that meet those incentives succeed and endure. Let's revisit our metaphors.