Five actions utilities should assess and prioritize in order to prepare for IRA-related opportunities and challenges. Communication priorities with regulators, state energy offices, and customers related to the IRA. Key considerations for different types of utilities, depending on their corporate structure (investor-owned, cooperative, municipal utility) and lines of business
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At a time when energy prices are skyrocketing, here’s some good news for residents in 11 Eastern states: according to a new report out recently, RGGI, a regional power plant program, is working to lower electricity bills for households and businesses by billions of dollars and improve cost of living through investments in energy efficiency, renewable energy, electrification, and other measures that are also cutting pollution and cleaning up our air.
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Buildings are responsible for 40% of the EU’s final energy and 36% of its greenhouse gas emissions – more if the life cycle impacts of construction materials are included. This briefing sets tests for proposed legislation across the Fit for 55 package and beyond for getting on track to climate neutrality. Drawing on these opportunities and challenges, E3G sets out four tests for the Fit for 55 package and other European Green Deal policy and legislation to meet, with recommendations for meeting these four tests.
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Earlier this year, the Federal Energy Regulatory Commission (FERC) floated the idea of opening up markets for “demand response.” Today, many states, mostly in the Midwest, prohibit their electricity customers from directly providing demand response into FERC-regulated regional power markets through what are known as third-party “aggregators.”
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RK Singh, Indian Minister of State (Independent Charge) for Power, New and Renewable Energy and Minister of State Skill Development and Entrepreneurship chaired a high level meeting to review the progress of various energy efficiency programmes and the preparedness for climate change actions in the country. The purpose of this high level meeting was to discuss activities in the field of energy efficiency across all the sectors of the economy with the objective of reducing carbon di-oxide emissions.
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On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has announced the upcoming launch of the $43 million Industrial Energy Transformation Studies Program. It has been announced as part of the Federal Budget and aims at identifying opportunities to reduce energy costs and emissions in the industrial sector.
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NREL’s recent report analyses different scenarios of electrification in the US and how it will impact capacity addition and operation of the grid. To meet electricity demand in high-electrification scenarios, installed capacity grows to more than double 2018 levels by 2050. Generation from low-cost renewable energy increases in all the scenarios.
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As the necessity of energy system transformation gathers pace at a global level, North African countries are increasingly making efforts towards their respective clean energy transitions. Clean energy transitions offer opportunities for North African countries to transform their energy infrastructure in ways that can meet the region’s growing energy demand, create much-needed jobs and promote equitable socio-economic development, diversify their economies, and build climate change resilience, all while achieving low-carbon, sustainable, inclusive economic growth.
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With all major economic activity halted, energy demand has also tumbled, leading to the steepest drop in oil prices in two decades. Simultaneously, there has been a significant cut in greenhouse-gas emissions. However, this temporary drop in carbon emissions only highlights the fact that there has been very little actual progress in decarbonization across the globe.
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The US has made substantial progress towards a low-carbon economy over the past several years. According to research, the benefits of US climate action in today’s economic reality are evident. Strong climate action and investments in low-carbon infrastructure can be effective ways to recover from Covid-19 and secure the economy’s long-term success.
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At the Rencontres Économiques d’Aix-en-Provence, an economic forum attended by many organizations...
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