“New energy” is here, built on sustainability, clean energy tech, grid innovation
The concept of “new energy” has ushered in a global movement dedicated to cost-effective sustainability, clean energy technology and grid innovation. Today more than ever, we’re seeing stakeholders and industry giants from all sectors — finance, manufacturing, retail, utilities, technology, even academia — come together in combined efforts.
The energy ecosystem is changing, and utilities are seeking new opportunities
The energy ecosystem is changing, driven by the advent of distributed clean energy, increased competition from new technologies and service providers, the evolving expectations of customers, and new opportunities for serving those customers. As the traditional business model changes, utilities are seeking new opportunities for revenue as they establish themselves as the “Preferred Energy Partner.”
NY Utilities Submit Distributed System Implementation Plans That Support Making New York the National Energy Leader with a Safe, Clean, Modern System
National Grid has submitted its 2018 Distributed System Implementation Plan, providing a detailed roadmap for building the capabilities necessary to integrate more distributed energy resources, support markets for innovative products and services, and drive further progress toward New York’s clean energy goals.
Innovation in the capital goods sector is driving a low-carbon industrial revolution according to CDP, the not-for-profit organization provides the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP released a new report on low-carbon technologies for 2018, which ranks 22 of the largest and highest-emitting capital goods companies and assets, which companies are preparing for a transition to a low carbon economy.
Major brands like ours have an opportunity to lead in accelerating the transition to a low-carbon future. A new report by the International Renewable Energy Agency (IRENA) shows that businesses are stepping up their use, procurement and investment in renewable electricity. While this is good news, only 17% of us have a specific target for renewable electricity and a mere 134 have committed to 100% renewable electricity use.
Savvy investors are starting to understand the expanding opportunities in clean energy
Now that clean energy has gone mainstream, there is an array of existing and emerging opportunities to scale up clean energy investments while also meeting investors’ risk-return requirements. Across asset classes, clean energy opportunities are available that align with investment fundamentals such as long-term risk diversification. Savvy investors are now moving to understand the expanding opportunities in the clean energy sector, recognizing that this market is growing in terms of the breadth and quality of available opportunities.
Private sector, healthcare, and higher education institutions urge Northeast and Mid-Atlantic governors to prioritize policies and investments for a clean and efficient regional transportation system.
Influential investors, companies, hospital systems, colleges, and universities called on Northeast and Mid-Atlantic governors to take steps to modernize the region’s transportation system and keep the local economy thriving.
Energy and sustainability are inherently linked. Energy efficiency pays dividends by trimming consumption and costs. According to the International Energy Agency (IEA), implementing energy efficiency initiatives is the best way to act on climate change as it can reduce CO2 emissions by 38 percent. Companies that operate efficiency and sustainability initiatives in tandem improve productivity, maximize impact and see a greater return on investment.
People may be more willing to pay for clean energy and strategies that dramatically reduce emissions than previous studies have suggested, according to new research by Michigan State University Professor Douglas Bessette and University of Michigan Professor Joseph Árvai, “Engaging Attribute Tradeoffs in Clean Energy Portfolio Development,” published in Energy Policy. Árvai is the Erb Institute’s faculty director.