Beth Soholt testifies in support of the Macro Grid Initiative before the House Select Committee on the Climate Crisis

Macro Grid in the Congressional Limelight

By: Tracy Warren August 3, 2020 “The pursuit and achievement of a Macro Grid – an interregionally connected backbone for the nation’s transmission grid – is essential for the United States to achieve its climate goals and ‘charge up’ the economy.” This was the message that Beth Soholt, the Executive Director of the Clean Grid…

1T 2030

New ACORE Analysis Reflects on U.S. Renewable Energy and Energy Storage Finance Amid COVID-19

By: Lesley Hunter and Maheen Ahmad July 14, 2020 As the renewable sector faces the impacts of the COVID-19 pandemic, ACORE’s new analysis, Expectations for Renewable Energy Finance in 2020-2023, collates industry perspectives on the near-term environment for renewable finance and assesses progress on ACORE’s $1T 2030 campaign. ACORE launched the $1T 2030 campaign in…

Mona Dajani Blog

Making Sure Renewable Energy is in Your Business Plan for the Economic Recovery

By: Mona Dajani, Partner and Global Head of Energy and Infrastructure, Pillsbury Winthrop Shaw Pittman LLP July 1, 2020   While stay-at-home orders, travel restrictions and global supply chain constraints have led to renewable energy project delays, and challenges securing financing and monetizing federal tax credits, there’s consensus among industry observers that renewable energy needs…

Greg Wetstone testifies before Congress

ACORE CEO Greg Wetstone Testifies Before Congress, Highlights Sobering Toll of COVID-19 on Renewable Energy Jobs and Calls for Immediate Action

By: Daniel Wolf June 25, 2020 Last week, the Energy Subcommittee of the House Committee on Energy and Commerce held a hearing entitled, “Reviving our Economy: COVID-19’s Impact on the Energy Sector.” Witnesses included Ernest Moniz, former Secretary of Energy and current Energy Futures Initiative President and CEO; Rich Powell, ClearPath Executive Director; and our…

Renewable Energy Jobs Gained in 2019 vs Unemployment Claims in 2020 Chart

COVID-19 Hinders Progress in U.S. Renewable Energy Job Growth

By: Maheen Ahmad April 23, 2020   U.S. employment in the renewable energy sector increased in 2019 and was expected to continue growing in 2020. However, the global COVID-19 pandemic has stopped clean energy job growth in its tracks. Supply chain disruptions, social distancing measures, project delays and cancellations, and other pandemic-related factors are significantly…

Examining Priorities for Transmission and Renewable Integration

April 10, 2020 By: Tyler Stoff This post follows Part 1, Assessing the Impact of FERC’s MOPR and BSM Decisions on Wholesale Markets, which was released earlier this month. In early March, ACORE members joined an Executive Meeting in Washington, D.C. ahead of the 2020 ACORE Policy Forum to assess the effects of emerging power and integration issues on renewable growth. The…

ACORE Executive Meeting in Washington, D.C. March 3, 2020

Assessing the Impact of FERC’s MOPR and BSM Decisions on Wholesale Markets

April 2, 2020 By: Tyler Stoff In early March, ACORE members joined an Executive Meeting in Washington, D.C. ahead of the 2020 ACORE Policy Forum to assess the effects of emerging power market and integration issues on renewable growth. Discussion included an analysis of FERC’s recent and controversial expansion of the Minimum Offer Price Rule (MOPR) in PJM and Buyer-Side Mitigation…

ACORE Survey: Pandemic Brings Uncertainty to Project Completion Timelines and Financing

By: Lesley Hunter The rapid spread of COVID-19 is upending the health and livelihoods of workers throughout America’s renewable energy industry, numbering over 450,000 employees across all 50 states. Economically, the pandemic is putting significant dollars at risk for U.S. renewable energy businesses this year, ranging up to $5 billion per company. Project delays caused…