BP has become the biggest oil and gas company to promise to cut its carbon emissions to net zero by 2050. Bernard Looney, BP’s new chief executive, said that it was “no longer enough” to provide reliable and affordable energy, it had to be cleaner too.
ISO New England's 14th annual Forward Capacity Market auction closed at $2/kW-month, representing the lowest price in the program's history and an almost 50% drop compared with the $3.80/kW-month in last year’s auction.
Microsoft unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change.
PepsiCo will get all of its electricity in the U.S. from renewable energy sources such as wind and solar later in 2020, the company said in a statement. The U.S. is the food and beverage company's largest market and accounts for nearly half of its total global electricity consumption.
To capture the energy efficiency opportunity across the U.S. economy, the House Energy and Commerce Committee should introduce a bill to establish a national energy benchmarking standard for commercial buildings. Building on the success of local ordinances, the proposed bill would create a national requirement while giving state and local governments the option to maintain more aggressive requirements if they desire.
Ohio regulators threw up a hurdle for a solar project that's slated to be the state’s largest, rejecting plans from American Electric Power’s Ohio subsidiary to charge ratepayers for costs to build the 300-megawatt project.
A conference convening 450 investment professionals, 40 speakers and more than 30 sponsors, Sustainable Investment Forum 2019 sparked debate and introspection among its attendees. The event focused on the importance of climate resilience, climate-aligned investment and how the financial sector can play its part to ensuring a swift global energy transition.
A panel discussion about new forms of VPPA aggregation formed a focal point for this year’s Renewable Energy Markets conference in San Diego. Now, some companies are taking shares of VPPA projects rather than bilaterally contracting to build one strictly for their own renewable energy demand. The talk explored the ins-and-outs of such deals, and provided some pointers for constructing one.
A U.S. district court judge has denied Tennessee Valley Authority's (TVA) motion to dismiss a lawsuit challenging its new rate structure and grid access charge, rejecting the utility's arguments that the plaintiffs lacked standing to bring the suit.
"A new report from the Solar Energy Industries Association (SEIA) speaks volumes about the level of commitment that corporate giants have made to embrace PV energy both in the present and moving forward."