Utilities that are transitioning away from coal are starting to view the creation of a natural gas “bridge” to renewable energy as an unnecessary step.
Congress has authorized more than $3 trillion in coronavirus relief, but none of this money has been for job creation. Supported by SEIA, a national climate bank can create millions of jobs, especially in low and medium-income communities.
With a timely focus on jobs and environmental justice, recommendations in the 538-page plan range from a solar ITC extension to a pushback on FERC’s ability to create wholesale market barriers to clean energy.
Industry participants noted the significance of a real-time pricing project on a single distribution circuit in California. State officials are evaluating real-time pricing as a means to help integrate more solar and wind power on the grid.
“Reports indicate that the Taxpayers Protection Alliance, the Heartland Institute and NERA all have ties to the Koch brothers, who have funded climate denial and pro-fossil fuel campaigns for roughly three decades.”
In an effort to accelerate their renewable goals, a number of U.S. colleges and universities have been using Covid-related shutdowns to assess their energy needs, how those needs are filled and what more they can do.
Also in the brief: largest operational battery in the U.S., more futile carbon capture and more landfill solar
In addition to making the stand-alone energy storage investment tax credit (ITC) eligible and extending a 30% solar ITC through 2025, the House bill creates a direct pay mechanism that can be used in lieu of the ITC.
China grapples with overcapacity by slowing coal plant construction while more U.S. plants have closed during the first three years of the Trump administration than in Obama’s two terms.
Also in the brief: a letter calling for electric grid infrastructure, transportation and equity and environmental justice has been delivered to key members of the House, Clir Renewables has secured a $1.25 million loan with Silicon Valley Bank, 580 businesses call on congress to include clean energy in a the next stimulus package and more.
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