On June 2nd, the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA) issued record requests for proposals from qualified developers to build renewable energy projects that will generate 2.5 million megawatt-hours (MWh) of electricity a year. The two requests combined total the largest renewable RFP issued in any state. Alliance for Clean Energy New York estimates that the solicitation “will drive between 600 and 1,600 megawatts of new capacity depending on the mix of technologies ultimately developed.”
From April 26th-28th, San Francisco hosted the 2017 Ceres Conference. Ceres is a non-profit organization advocating for sustainability leadership. The annual conference brings together more than 600 investor and company leaders and advocates who are catalyzing the biggest breakthroughs on sustainability.
This year’s jam-packed agenda spanned a variety of topics surrounding the energy industry, but two key themes emerged: (1) that there is a growing need for standardized data to measure the impact of investments made in energy, and (2) that sustainable energy is playing an increasingly central role in the investment decisions for stakeholders across sectors and across the political landscape – in other words, the push for clean energy isn’t going anywhere. Continue Reading Recap: The 2017 Ceres Conference on Sustainability
This month’s Washington Update provides insight into a number of energy-related developments at the federal level, including President Trump’s recently proposed budget for Fiscal Year 2018, the Senate’s failed efforts to turn back the Obama administration’s methane rule, and several pieces of legislation related to energy efficiency.
The Northeast is a leading region in the United States for renewable energy generation and sourcing through competitive markets. The Northeast Energy and Commerce Association (NECA) supports environmentally sound, reliable and cost-effective wholesale and retail markets for the production and delivery of electric power supply, as well as competing energy services and resources alternatives, including conservation, innovative demand-side and power delivery technologies, renewable energy and distributed generation. Taking place in Auburndale, Massachusetts on March 6, NECA will host its 2017 Renewable Energy Conference, with panel discussions on a wide range of topics including trends in the renewable energy industry, distributed energy resources and energy storage, the impacts of federal energy policy and the new administration, and the role of competitive markets.
With President-Elect Donald Trump and his administration officially moving into the White House this Friday, the landscape of energy policy, investment, and incentives could see major changes in 2017. Given this backdrop, it seems like a good time to review some of the most important trends and policies concerning clean energy that we covered in 2016.
Here are 2016’s top 5 most popular blog posts at Energy Tech Matters:
Financial advisory and asset management firm Lazard recently published its annual report on the costs of electricity generation technologies, finding that the costs for clean energy projects continue to decrease. The tenth version of Lazard’s Levelized Cost of Energy Analysis (LCOE 10.0) shows that the cost of large-scale solar projects continue to rapidly decline, falling by 11% in 2016 and thus 85% since 2009. This makes new solar projects competitive with natural gas power plants in some regions of the U.S., even before federal investment tax credits, and in many regions across the country, wind projects are the lowest cost option among all energy technologies, before federal tax credits. To learn more about Lazard’s report, read on!
The Obama Administration recently announced new financing for renewable energy projects through several initiatives domestically and around the globe. From committing $125 million in Overseas Private Investment Corporation (OPIC) financing for renewable energy projects in El Salvador and India to announcing seven Innovation Challenges with a goal of reducing carbon emissions, the Administration hopes to continue the global transition to zero-and-low carbon energy sources. To learn more about these new initiatives, read on!
On November 17, the Federal Energy Regulatory Commission (FERC) released a new rule proposal that could help push U.S. energy markets to adopt energy storage systems at a faster pace by allowing distributed energy resources (DERs), including batteries, solar panels, and energy demand management software, to compete in wholesale energy markets. To learn more about how this could change U.S. energy markets, read on!
We are thrilled to announce that our very own Sahir Surmeli will be speaking at the second annual U.S. Energy Storage Summit. This unique conference brings together utilities, financiers, regulators, technology innovators, and storage practitioners for two full days of data-intensive presentations, analyst-led panel sessions with industry leaders, and extensive high-level networking. This conference will leave participants with a strong understanding of the business strategies, regulatory circumstances and economic opportunities set to drive continued energy storage market growth.
Mintz Levin is a proud partner of this event. Join us with GTM December 7-8 in San Francisco, CA using our exclusive discount code MINTZ15 for 15% off your conference registration.
On October 27, 2016, Cleantech Open Northeast, the Northeast division of Cleantech Open, a global cleantech accelerator for early-stage clean technology companies, announced the 2016 regional winners of the competition. Four companies focusing on water, efficiency, and energy generation received $20,000 in prizes and will go on to represent the Northeast at the Cleantech Open Global forum in San Francisco, California on February 6-10, 2017. The 2016 regional winners are GreenBlu, Proper Pipe, PV Pure, and Surge Hydro. Selected from a record pool of 107 applicants, Cleantech Open Northeast’s Class of 2016 featured 33 companies developing a diverse array of clean technologies related to energy, agriculture, water, waste management and more. Judges selected the regional finalists from the 24 graduates. To learn more about the Cleantech Open Northeast competition, read on!