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Finance

Remember When We Were Running Out of Crude Oil Storage?

July 3, 2015 by Robert Rapier

Given the amount of air time the crude oil storage situation received back in March and April, this might be a good time to revisit that situation. If you recall, there was a great amount of hand-wringing regarding the crude oil storage picture in the U.S. Inventories were high and they were continuing to rise.[read more]

US-Brazil 20% Renewable Commitment is a Good Start, But We Can Do More

July 3, 2015 by NRDC Switchboard

International Renewables Commitments

President Obama and his Brazilian counterpart, Dilma Rousseff, announced a pretty impressive clean energy commitment at their joint White House appearance recently. They pledged that each country would get 20 percent of its electricity from non-hydro renewable sources, like solar and wind power, by 2030.[read more]

Why Should Climate Philanthropy Care About Energy Access?

July 2, 2015 by Justin Guay

Energy Access Efforts

Investing in clean energy access provides a disruptive opportunity to revolutionize electricity systems and get on the right side of the politics of development -- philanthropy just hasn't realized it yet. To be fair, philanthropy needs to step up it's game on climate across the board.[read more]

Cheapest Solar Ever: Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents

July 2, 2015 by Stephen Lacey
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Solar Cost Reduction Efforts

A lot more cheap solar is coming for Austin, Texas. The city's utility, Austin Energy, just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year -- and will continue to drop.[read more]

How Does China's Climate Pledge Stack Up?

July 2, 2015 by Barbara Finamore
1

China and Climate Action

China's climate pledge will require the country to make very significant changes to its emissions trajectory - including adding non-fossil power equivalent to the entire U.S. power generating capacity by 2030. When you compare China's growth trajectory against that of developed countries, how does it compare?[read more]

Winners and Losers from Flattening Tiered Electricity Prices

July 1, 2015 by Severin Borenstein
3

Winners and Losers

The California Public Utilities Commission is moving closer to major changes in the steeply increasing-block residential electricity rates that the state has had since the 2000-01 California electricity crisis. This Friday the Commissioners may decide to significantly flatten the tiered rate structure.[read more]

Solar's Value for Grid Circuits: Not Much on Average, but Huge for a Handful

July 1, 2015 by Jeff St. John
1

Solar and the Grid

Solar advocates and opponents have argued over the merits of various studies about the relative costs and benefits of distributed solar PV. Different studies have reached different results -- so different that the Rocky Mountain Institute wrote an entire report just to compare and contrast 16 of them.[read more]

Residential PACE on the Rise; Innovative Solar Financing

July 1, 2015 by Dan Scripps

Residential PACE Financing

In 2010, the Federal Housing Finance Authority almost killed Property Assessed Clean Energy Programs (PACE) for residential properties. A lot can happen in five years, and what was once a program on the verge of foreclosure is now a booming market.[read more]

White House Wisely Rejects the 'Categorical Carbon Neutrality' of Biomass, But What Now?

June 30, 2015 by Jonathan Lewis
7

The White House OMB released a Statement of Policy this week detailing the many reasons why the President would veto H.R. 2822, a 2016 appropriations bill for the Environmental Protection Agency and the Department of the Interior put together by the Appropriations Committee in the House of Representatives.[read more]

Public Investment in Clean Energy ''Poised for Exponential Growth'

June 30, 2015 by Katherine Tweed
1

Green Investment

Even without access to MLPs, which are publicly traded entities that are allowed to act like traditional corporations in the eyes of the Internal Revenue Service, financing vehicles for clean energy projects are already being unleashed. Investment in clean energy hit nearly $340 billion in 2014.[read more]

Don't Write Off Energy Efficiency, It's Just About to have its Day.

June 30, 2015 by EDF Energy Exchange

The Advent of Energy Efficiency

Economists from the University of Chicago and the University of California, Berkeley released a study that called into question the cost-effectiveness of energy efficiency. The study was based on the team’s analysis of energy savings shortfalls in the Michigan low income Weatherization Assistance Program.[read more]

Moving Nuclear Energy Discussions Forward

June 30, 2015 by Rod Adams
1

Nuclear Energy Discussion

Bloomberg Bureau of National Affairs recently conducted a morning meeting titled 'A Chain Reaction: The Role of Nuclear Energy in New England’s Energy Mix' in Boston. The timing was fortuitous, my wife and I were in Maine, so we decided to make a little detour on the way home so we could attend.[read more]

North Carolina Solar Leadership at the Crossroads

June 30, 2015 by NRDC Switchboard
2

Solar in the States

As a North Carolinian, I can tell you it's pretty darned amazing that, last year, our state was number 2 in the nation in installed solar capacity. And number 4 in the first quarter of 2015, despite what can only be described as some really crappy (and construction-slowing) winter weather.[read more]

The IEA's Bridge Scenario to a Low Carbon World Again Underestimates the Role of Renewables

June 29, 2015 by Adam Whitmore
4

IEA and Renewables Measurement

The IEA has just produced its World Energy Outlook Special Report on Energy and Climate Change, which is intended to describe how the energy sector can transition to being part of a lower carbon world. It includes a new Bridge Scenario which emphasizes what can be done over the next decade or two.[read more]

The Internet of Things Provides the Opportunity to Achieve Global Sustainability Now

June 29, 2015 by Nick Blandford

Sustainability and Technological Advancement

 

Take a look at these numbers. 1.3 billion – that’s the number of people in the world today who don’t have access to electricity. 30% – this number represents the projected growth of global energy consumption by 2020. Universal access to electricity and renewable energy can help address these problems.[read more]