Lately, I have read countless articles seeking to explain the motives behind why the big oil companies are buying up smaller competitors and why clean energy project cancellations are a failure of government policy to motivate a rapid energy transition. The line on oil companies is that they must be motivated by bullish oil demand[…]Read More
Energy Income Parnters (EIP) and Arbo joined up to give context to the Energy Provisions in the Inflation Reduction Act (IRA) of 2022, signed by President Biden on August 16. This act incorporates many of the prior “Build Back Better” or BBB energy and climate provisions, but slightly less than half of those are simply[…]Read More
On December 13, 2021, California’s utility regulator (CPUC) proposed changes that would reduce the price retail customers receive for rooftop solar generated power they sell to the grid by at least 70%. California has power reliability problems and (nearly) the most expensive retail electricity prices in the country. This proposed order addresses not only costs[…]Read More
On September 8, 2021, the Biden Administration’s Energy Department released a “Solar Futures Study Providing the Blueprint for a Zero-Carbon Grid.” Among other things, this study notes that solar energy can “power 40% of the nation’s electricity, drive deep decarbonization of the grid, and employ as much as 1.5 million people—without raising electricity prices.” This[…]Read More
Key Takeaways A July 30, 2021 State of Emergency Declaration by California Governor Newsom (the “Emergency Declaration”) acknowledges a power reliability crisis which it attributes to drought, heat, fire, a lack of dispatchable generation, and — more broadly — to climate change. Specifically, the Emergency Declaration authorizes payment of up to $2 per kilowatt-hour (kWh)[…]Read More
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