Topic: Economic Opportunity

Economic Opportunity Articles

So Cool It's Hot: Learn About Renewable Thermal Innovators in April

As most of us grow more intimate with the walls of our homes, the Renewable Thermal Alliance (RTA) offers views on updates to a clean-energy source six feet from where most of us sit. A public-private partnership initiated by New York State Energy Research Development Authority (NYSERDA), the Connecticut Green Bank, and Yale University, the RTA serves more than 300 individual stakeholders throughout the United States. The Alliance will soon announce its 2019 Innovation Grant recipients. Each one earned $15,000 to work on ways to make heat pumps and other renewable sources of heat more popular. Two webinars in April...
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Shell, EDP Set Record-Low Price for U.S. Offshore Wind Power

Royal Dutch Shell Plc and EDP Renovaveis SA agreed to sell power from a wind farm they’re building in the Atlantic Ocean for a record-low price. The 804-megawatt Mayflower wind farm, located south of Martha’s Vineyard, will supply electricity to utilities in Massachusetts for $58 a megawatt-hour over the life of the contract.

Utilities Don't See Stranded Assets as a Top Risk. Should They?

Though 45% of utility employees surveyed in Utility Dive's 2020 State of the Electric Utility Survey see the transition's cost — including stranded assets — as a top risk for the sector, only 18% see generation retirements and stranded assets as a top concern and just 14% said stranded assets present a major challenge to a changing fuel mix.
Posigen installation in Bridgeport, CT

Installations from the Connecticut Green Bank's Posigen program in Bridgeport, CT / Courtesy of Connecticut Green Bank

Connecticut Green Bank's 'Green Liberty Bonds' Aim at Retail Climate Finance

In an interview with CEFF, the Connecticut Green Bank 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 not just to institutional investors but to retail investors throughout Connecticut and beyond.

Riding the Hype Cycle: Is Blockchain Still Key to a Better Energy System?

As more traditional venture capital and strategic investors are beginning to evaluate blockchain for the energy industry, feasible near-term use cases such as carbon credit tracking or management of utility assets may offer more immediate returns than ventures seeking to fundamentally reshape electricity markets around peer-to-peer trading.
Gavin Meinschein

Photo courtesy of Gavin Meinschein

ENGIE’s Gavin Meinschein on the Company’s Foray Into Pollinator-Friendly Solar

Given the promising value proposition of pollinator-friendly solar, several states have passed voluntary standards to encourage the practice, and a number of developers have committed to pollinator-friendly projects for all or part of their portfolios. Illinois-based ENGIE Distributed Solar is one such developer. In this interview. Gavin Meinschein, ENGIE’s lead civil engineer, discusses the case for pollinator-friendly solar and the company’s experience implementing the practice.
Anna Hofmann

Anna Hofmann

Policy Memo: Promoting Offshore Wind in North Carolina With an Executive Order

North Carolina has the potential to be a leader in offshore wind development, and the governor’s guidance can help jumpstart the industry. As a new market, however, the industry needs a stronger signal of interest. An executive order setting a goal for offshore wind development will show the wind industry that North Carolina intends to significantly invest in the sector.

Why Don’t Early-Stage VCs Invest in Solar Any More?

A decade ago, entrepreneurs and investors alike believed that silicon wafer-based photovoltaics would soon be a relic. Tens of billions of venture and corporate dollars chased novel technologies that would surely replace silicon.
Cory Connolly

Cory Connolly

Policy Memo: Saving Money in Michigan With Residential PACE Financing

Michigan can unlock energy-saving upgrades for homeowners by passing residential property assessed clean energy legislation. The legislation should guarantee energy savings and protect consumers by including a method for determining eligible energy-saving measures; restrictions to R-PACE financing amounts and underwriting criteria; and robust consumer protection provisions.