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The POWER Interview: GenCell’s CEO on Importance of Clean Energy

March 25, 2020

The post The POWER Interview: GenCell’s CEO on Importance of Clean Energy appeared first on POWER Magazine.

The coronavirus pandemic is expected to slow the growth of renewable energy in 2020, owing to supply chain disruptions and an economic recession. It could make hitting targets for clean energy adoption more difficult, particularly in the short term.

Will government officials look to adjust their goals for renewable energy? Perhaps, but with most of the targeted goals 10 or more years away, it’s likely they will take the long view, with adjustments happening down the road depending on market conditions.

Rami Reshef, CEO of GenCell, an Israel-based fuel cell technology company, in a recent interview with POWER talked about the importance of renewable energy, including fuel cells, which convert potential chemical energy into electrical energy and generate heat as a by-product. While chemical energy is stored inside batteries, fuel cells can continuously generate electricity as long as they are supplied with fuel (hydrogen) and an oxygen supply.…

DOE Announces Additional $64 Million for Clean Coal Projects

February 9, 2020

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The post DOE Announces Additional $ 64 Million for Clean Coal Projects appeared first on POWER Magazine.

The U.S. Department of Energy (DOE) has earmarked $ 64 million in additional funding for research and development of smaller, more efficient, and cleaner coal plants. Energy Secretary Dan Brouillette on Feb. 7 announced the money would be part of the DOE’s “Coal FIRST Initiative,” telling the audience at an Atlantic Council meeting Friday in Washington, D.C., that the program is designed to “produce more coal power more efficiently and transform it into a near zero-emission energy source.”

The Atlantic Council calls itself a “nonpartisan organization that galvanizes U.S. leadership and engagement in the world, in partnership with allies and partners, to shape solutions to global challenges.” The agency’s international advisory board includes former prime ministers and presidents from Australia, Denmark, Pakistan, Poland, Spain, and Sweden, among others.

“Coal is a critical resource for grid stability that will be used in developing countries around the world well into the future as they build their economies,” said Brouillette in a news release detailing the funding opportunity announcement (FOA).…

New York Is Fertile Ground for Clean Energy

January 12, 2020

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The post New York Is Fertile Ground for Clean Energy appeared first on POWER Magazine.

When many people are asked which state is leading the U.S. toward a renewable energy future, California is the first that comes to mind. And while California is worthy of such distinction, it’s not the only state with a progressive clean-energy agenda. New York should also be part of the conversation.

On Jan. 8, New York Gov. Andrew Cuomo gave his 2020 State of the State address, outlining what his office has called a “bold agenda to continue New York’s role as progressive capital of the nation.” Among the many proposals he put forth was a plan to grow New York’s “Green Economy.”

Renewables Growth = Job Growth

In a 318-page book released in conjunction with the address, combatting climate change is the first chapter, and Cuomo believes tackling the issue will be a win-win for the environment and his state. In 2019, the governor signed New York’s Climate Leadership and Community Protection Act (CLCPA).…

New York Enacts 100% Clean Energy Law, Secures 1.7 GW of Offshore Wind

July 19, 2019

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New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA), law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind projects worth a combined 1.7 GW by 2025, the single largest renewable energy procurement in the nation.

The CLCPA signed by Gov. Andrew Cuomo (D) on Thursday codifies ambitions proposed under his “Green New Deal,” a climate change program that he claims is “the most aggressive” in the nation. Specifically, it mandates that New York slash its greenhouse gas (GHG) emissions by 40% by 2030 and 85% by 2050, relative to 1990s levels, effectively setting the state on a definitive course to achieve an energy transition to renewables.

The law will seek to achieve the stringent GHG emission cuts through the installation of 9 GW of offshore wind by 2035, 6 GW of distributed solar by 2025, and 3 GW of energy storage by 2030.…

The POWER Interview: CleanCapital Drives Investments in Clean Energy

July 17, 2019

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Investments in clean energy projects have hummed along in the past few years, with the growth of renewables worldwide continuing to increase levels of solar, wind, and other resources in the global energy mix.

Thomas Byrne has been in the middle of this energy transformation. Byrne, co-founder and CEO of CleanCapital and a graduate of the University of California-Berkeley and the UCLA School of Law, leads the company’s strategy and operations. Before CleanCapital, he served as partner and general counsel at True Green Capital, a private equity firm focused on distributed solar investments. He led the financing of landmark clean energy projects including NRG’s California Valley Solar Ranch, Caithness’ Shephards Flat Wind Project, and Terra Gen’s Alta Wind Energy Center.

Thom Byrne of CleanCapital

In his role as an attorney specializing in clean energy financing, Byrne saw first-hand how inefficiency was hampering the growth of clean energy investment. He envisioned a technology-based solution, and founded CleanCapital, which looks to connect investors with opportunities in the clean energy space, with an eye toward “reducing the world’s dependence on fossil fuels and generating attractive returns to boot.”…

Several States Urge Federal Court to Rule on Clean Power Plan

September 6, 2018

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Seventeen states have asked the U.S. Court of Appeals for the D.C. Circuit to reject the Trump administration’s efforts to further delay the court’s decision on legal challenges to the Clean Power Plan.

In a filing with the court on September 4, the attorneys general of California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia, and Washington, noted that the case—State of West Virginia, et. al. v EPA (No. 15-1363)—claimed that the U.S. Environmental Protection Agency (EPA) has taken “undue advantage” of the now 18-month-long abeyance granted to the agency by the federal court to allow it to review the rule.

The states were joined by the District of Columbia, and the cities of Boulder, Colorado; Chicago, New York, Philadelphia, and South Miami, as well as Florida’s Broward County.

The EPA is “prolonging the delay through a series of notices that do not come close to fulfilling EPA’s statutory obligations,” the filing claims.…