Category Archives: Blog

How Power Market Structures are Driving Demand for Energy Storage Investment

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…

Energy storage tax credit, transmission spotlighted as bipartisan opportunities at ACORE’s Hill briefing

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…

Interview with Libby Bernick – Managing Director and Global Head of Trucost Corporate Business, S&P Global

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…

Rising from the Ashes: How PG&E’s Bankruptcy Could Impact the Energy Sector and California’s Progress on Climate Change

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.…

Looking Ahead: My 2019 Renewable Energy Industry Outlook

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…

A Battery Storage System Can be the Perfect Complement to Your New Solar PPA

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…

How the Midterm Results and Corporate Incentives Will Accelerate Demand for Renewables in 2019 and Beyond

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…

Buying renewable energy should be easy — here’s one way to make it less complex

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…

How Clean Energy Figured in State-level Midterm Elections

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…

Investors Watching Closely in the Wake of Recent Offshore Wind Announcements

Last week, I had the pleasure of speaking on a panel where we discussed financing for U.S. offshore wind projects to a full room at the 2018 Verge conference in Oakland. On that same day, my colleagues on the opposite coast joined nearly 1,000 others at the American Wind Energy Association’s Offshore WINDPOWER 2018 conference.…