The first major long-duration storage procurement has arrived


Highlights

  • Eight of California’s community choice agencies have published a request for offers seeking 500 megawatts of long-duration storage capacity, helping the state meet its need for 1 gigawatt of long-duration storage by 2026
  • Long-duration storage allows resources like wind and solar to provide power for longer periods of time
  • There is no firm definition of what “long-duration” storage can be, but examples range from 4 to 150 hours
  • Eligible projects must provide at least 50 megawatts of power capacity, be able to provide power for 8 hours, and be functional by 2026
  • California needs 40 gigawatts of long-duration storage by 2045 in order to meet the states carbon-free electricity goals

Community Choice Energy can be one of the most powerful ways to accelerate the transition from dirty fossil fuels to clean energy sources. The Climate Center has helped Community Choice expand throughout the state, resulting in cleaner energy for 11 million Californians.


Read More: https://www.greentechmedia.com/articles/read/the-first-long-duration-storage-procurement-has-arrived

Rocky Mountain Institute study shows renewables are kicking natural gas to the curb

by Steve Hanley, Clean Technica


Highlights

  • New research from the Rocky Mountain Institute (RMI) shows that renewable energy is leading natural gas as the preferred choice of new electricity generation 
  • The study looks at energy projects from two of America’s largest electricity markets — ERCOT and PJM
  • RMI argues that there should be a shift away from utility monopolies and an embrace of open competition 
  • Over the past two years, there has been a transition away from building new gas fired plants towards more renewable energy projects as they are performing better within electricity markets 
  • Since 2018 the demand for clean energy projects has doubled while gas project demands have been cut in half, leaving over $30 billion worth of gas projects canceled or abandoned 
  • Voting in climate champions will promote federal policies that prioritize clean energy and help appoint the right people into government agencies like the Federal Energy Regulatory Commission 

Scientists are increasingly warning that to avoid catastrophic impacts from climate change, the world’s governments must implement massive reductions of warming emissions and begin a drawdown of greenhouse gases (GHG) from the atmosphere over the decade ahead.  For a safe and healthy future for all, endorse the Climate-Safe California Platform to implement scalable solutions that can reverse the climate crisis.


Read More: https://cleantechnica.com/2020/10/03/rocky-mountain-institute-study-shows-renewables-are-kicking-natural-gas-to-the-curb/

U.S. clean power giants to join forces to build lobbying muscle

by Brian Eckhouse, Bloomberg


Highlights

  • A new lobbying organization named the American Clean Power Association has formed in order to advocate for more renewable policies
  • The country’s top wind power trade group is teaming up with some big-name energy groups such as NextEra Energy, Avangrid, and Berkshire Hathaway Energy to form this association
  • The renewables industry spent less than $18 million on lobbying in 2019, while the fossil fuel industry spent $104 million
  • The Association aims to make renewables such as wind and solar the USA’s primary power source by prioritizing environmental policy, market reform and grid modernization

Fossil fuel divestment and the transition to 100% clean energy is critical to achieving The Climate Center’s goals under the Climate-Safe California Platform.


Read More: https://www.bloomberg.com/news/articles/2020-09-03/u-s-clean-power-giants-to-join-forces-to-build-lobbying-muscle?sref=ABTRBDIh

How to drive fossil fuels out of the US economy, quickly

by David Roberts, Vox


Highlights

  • A new initiative, Rewiring America founded by Saul Griffith, asserts that rapid decarbonization through electrification would create 15 million to 20 million jobs in the next decade and that it’s possible to eliminate 70 percent to 80 percent of US carbon emissions by 2035 through rapid deployment of existing electrification technologies, with little-to-no carbon capture and sequestration. 
  • Rewiring America: 
    • Asserts that successfully addressing the climate crisis will require a mobilization similar to the economic mobilization that took place in the U.S. during World War II
    • Has produced a dashboard that collects all data on how energy is used in the U.S. It tracks where every unit of energy enters the economy and how it is used as it passes through
    • Asserts that no new technology advancements are needed and no great sacrifice will be required to decarbonize the economy
    • Relies on five well-established technologies: wind power, solar power, electric vehicles, electric heat pumps, and energy storage
    • Asserts that market mechanisms will not work in time to achieve goals and that a command and control approach is what it will take.

Image from Rewiring America/Saul Griffith, sourced on Vox

 


Fossil fuel divestment and the transition to 100% clean energy is critical to achieving The Climate Center’s goals under the Climate-Safe California Platform.


Read More: https://www.vox.com/energy-and-environment/21349200/climate-change-fossil-fuels-rewiring-america-electrify

Congressional climate action plan

Congressional Climate Crisis Action Plan would decarbonize U.S., add $8 trillion in benefits by 2050

by Megan Mahajan, Forbes


Highlights

  • The U.S. House Select Committee on the Climate Crisis has released their climate policy report titled Solving the Climate Crisis: The Congressional Action Plan for a Clean Energy Economy and a Healthy, Resilient and Just America 
  • Climate policy firm Energy Innovation modeled a subset of the Select Committee’s recommendations using a simulator and found it will hit net zero carbon dioxide emissions before 2050 and slash net greenhouse gas (GHG) emissions 88% from 2010 levels by 2050
  • This policy could prevent 62,000 premature deaths annually from pollution, while generating nearly $8 trillion in cumulative monetized health and climate benefits by 2050
  • Under this model, the electricity sector could reach 90% clean electricity by 2035 and 100% clean energy by 2040
  • Electrifying buildings with clean energy can deliver much-needed emissions reductions within that sector
  • 100% zero-emission vehicle sales for light-duty vehicles by 2035 and for heavy-duty vehicles by 2040 would help the transportation sector meet 2050 net-zero targets
  • More than 70% of voters support legislation targeting a 100% clean economy according to new polling

The Climate Center’s Climate-Safe California Platform advocates for a formal California State commitment by 2022 to 80% below 1990 levels of greenhouse gas emissions and net negative emissions by 2030 for a climate-safe future.


Read More: https://www.forbes.com/sites/energyinnovation/2020/06/30/congressional-climate-crisis-action-plan-would-decarbonize-us-add-8-trillion-in-benefits-by-2050/#56af4e331381

Oil companies are collapsing, but wind and solar energy keep growing

by Ivan Penn, The New York Times


Highlights

  • Renewable energy sources, such as wind and solar, may comprise 21% of the electricity in the U.S., up from about 18% in 2019
  • Solar and wind are producing electricity at a cost-competitive rate in the U.S. and throughout the globe compared to natural gas and coal due to government mandates to address the climate crisis
  • The pandemic has been hard on smaller solar companies who are seeing declines in rooftop installations
  • Energy research firm Wood Mackenzie estimates that solar and wind power will continue adding capacity throughout the year
  • Renewable energy has become more financially attractive as developers can build wind and solar farms more quickly than gas and coal plants

Fossil fuel divestment and the transition to 100% clean energy is critical to achieving The Climate Center’s goals under the Climate-Safe California Platform.


Read More: https://www.nytimes.com/2020/04/07/business/energy-environment/coronavirus-oil-wind-solar-energy.html

Renewable-energy spending likely to surpass oil and gas for the first time ever in 2021

by Ben Winck, Business Insider


Highlights

Goldman Sachs reports that renewable energy investments will be a quarter of all energy spending in 2021, surpassing investment in oil and gas

  • If the United States aims to meet climate standards that result in less than 2 degrees Celsius of warming, the transition into renewable energy will create $1-2 trillion in infrastructure spending per year
  • Though previous economic downturns have slowed the transition of green energy investing, Goldman Sachs believes this transition will be accelerated due to coronavirus 
  • In order to move green infrastructure forward, we will need a low cost of capital and regulatory framework
  • Growing technologies such as clean hydrogen and carbon markets also need access to sufficient capital or long term plans for emission reductions will stall

Fossil fuel divestment and the transition to 100% clean energy is critical to achieving The Climate Center’s goals under the Climate-Safe California Platform.


Read More: https://markets.businessinsider.com/news/stocks/renewable-energy-trillion-investment-opportunity-surpass-oil-first-time-goldman-2020-6-1029318482

Renewable_energy_park

The U.S. can get to 90% clean electricity in just 15 years

by Adele Peters, Fast Company


Highlights

A new report from UC Berkeley shows that the falling price of renewable energy can result in the U.S. using 90% clean energy by 2035, ultimately transitioning to 100% renewable energy by 2045.

  • Adding new clean energy infrastructure could add up to 570,000 new jobs each year
  • The Internation Renewable Energy Agency reports that since 2010, utility-scale solar power costs have dropped 82% and onshore wind costs have dropped 39%
  • Sonia Aggarwal, vice president of Energy Innovation didn’t expect the grid could transition at such a fast rate:

“I didn’t expect that we were going to get 90% by 2035. It’s really exciting that this is the moment that we’ve reached in this country, where the costs have just changed so much that this is now within our reach, in a way that it wasn’t even five years ago.”

  • According to the report, the addition of renewables on the grid would not result in higher electricity bills for consumers
  • Federal policies that set clean energy standards are needed to make a nationwide transition from fossil fuels to renewables

The Climate Center works toward electrifying buildings and vehicles using 100% clean energy sources such as solar and wind to eliminate fossil fuel-based emissions. 


Read More: https://www.fastcompany.com/90513361/the-u-s-can-get-to-90-clean-electricity-in-just-15-years

U.S. renewable energy consumption surpasses coal for the first time in over 130 years

By Mickey Francis, US Energy Information Administration


Highlights

  • In 2019, U.S. annual energy consumption from renewable sources exceeded coal consumption for the first time since before 1885, according to the U.S. Energy Information Administration (EIA)
  • Compared with 2018, coal consumption in the United States decreased nearly 15%, and total renewable energy consumption grew by 1%, largely comprised of wind and solar
  • Natural gas consumption in the electric power sector has significantly increased in recent years and has displaced much of the electricity generation from retired coal plants
  • Since 2015, the growth in U.S. renewable energy is almost entirely attributable to the use of wind and solar in the electric power sector
  • In 2019, electricity generation from wind surpassed hydro for the first time and is now the most-used source of renewable energy for electricity generation in the United States on an annual basis
  • Coal is still being used within the US to generate electricity; 90% of coal used is in the electric power sector and the rest is in the industrial sector

The Climate Center works toward electrifying buildings and vehicles using 100% clean energy sources such as solar and wind to eliminate fossil fuel-based emissions. 


Read more: https://www.eia.gov/todayinenergy/detail.php?id=43895

Solar and wind cheapest sources of power in most of the world

By Brian Eckhouse, Bloomberg


Highlights

Solar power and onshore wind power are now the cheapest new sources of electricity in the majority of the world’s population.

  • The Levelized Cost of Energy for wind has fallen 9% and solar has dropped by 4%  
  • Prices are especially low in the U.S., China, and Brazil 
  • Improvements in the technology, lower equipment costs, and clean energy goals have made these renewable sources a serious threat to the fossil fuel industry
  • It is unclear if the low prices of oil due to the pandemic will erode the competitiveness of wind and solar

The Climate Center works toward electrifying buildings and vehicles using 100% clean energy sources such as solar and wind to eliminate fossil fuel-based emissions. 


Read More: https://www.bloomberg.com/news/articles/2020-04-28/solar-and-wind-cheapest-sources-of-power-in-most-of-the-world?sref=ABTRBDIh