In support of ACORE’s 1Tx2030 campaign, ACORE policy staffer Max Almono has begun to assess the role of “ESG” (Environment, Sustainability and Governance) scoring in driving renewable energy investment and procurement. To better understand the impact of ESG scoring on the renewable sector, Almono recently sat down with Libby Bernick, Managing Director and Global Head…
With potential liabilities in excess of $30 billion stemming from a series of deadly wildfires that ignited across Northern California in 2017 and 2018, Pacific Gas and Electric Company and its holding company PG&E Corp. (PG&E) filed for Chapter 11 relief in the United States Bankruptcy Court for the Northern District of California on Tuesday.…
EDITOR’S NOTE: This article is a synopsis of Deloitte’s 2019 Renewable Energy Industry Outlook. In 2018, the core fundamentals that drove growth in the renewable energy sector included the declining costs of wind and solar generation, advances in battery storage technology and grid operators’ growing expertise and expanding tool set for integrating intermittent renewable…
EDITOR’S NOTE: This piece was originally published on EDF Renewables’ website, and is being republished with permission of the author. Hedging Against the Duck Curve As the solar industry continues to make progress on the technology cost curve, the economic competitiveness of solar power has steadily become a reality in U.S. markets across California and the desert…
Last month, ACORE hosted an executive meeting in San Francisco with senior-level developers, financiers, utilities and corporate buyers to discuss the results of the midterm elections and the new market structures that are driving growth in corporate procurement of renewable energy. Our first panel featured policy experts from E.ON and Lincoln Clean Energy in a…
EDITOR’S NOTE: This article originally appeared on Microsoft Corporate Blogs, and is being republished with permission of the author. It would be difficult to overestimate the impact that corporate procurement of renewable energy, primarily through power purchase agreements (PPAs), has had on the overall renewable market. In less than a decade, renewable energy created from corporate PPAs went…