Following through on the themes he struck at ACORE’s Renewable Energy Policy Forum in March, Washington Gov. Jay Inslee just signed one of the strongest clean energy laws in America. With the governor’s signature, Washington becomes the fourth state in the nation to commit to a 100 percent carbon-free future, including first-movers Hawaii, California, and…
On March 19, ACORE hosted an invite-only, executive meeting in Washington, D.C. to discuss evolving business models for energy storage and hybrid projects. Participants in the event, Aligning Market Incentives to Facilitate Financing and Deployment of Energy Storage, ranged from senior-level financiers to corporate offtakers, utilities, developers and wholesale markets. MISO, ERCOT, PJM and Grid…
On April 4, ACORE convened a Capitol Hill briefing with fellow leaders in the renewable energy and energy storage industries, including the Solar Energy Industries Association (SEIA) and the Energy Storage Association (ESA). A packed room of congressional staff and members of the media learned from the speakers how to continue renewables’ rapid growth with…
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…
EDITOR’S NOTE: This article originally appeared on Coronal Energy Insights, and is being republished with permission of the author. In the historic recent midterm elections—where seven governor’s seats and seven state legislatures switched from Republican to Democrat—voters continued to voice their strong support for renewable and advanced energy. In addition, voters split on several key ballot initiatives in…