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New York Is Fertile Ground for Clean Energy

January 12, 2020

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.…

EPA Sends Replacement for Clean Power Plan to Trump

July 11, 2018

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The Trump administration is moving forward with its effort to replace the Clean Power Plan, with the president set to review a document sent to the White House on July 9.

The Environmental Protection Agency (EPA) on July 10 said a new rule, which insiders said would be more favorable to the coal industry, was sent to the president on Monday. The document itself has not been released. The EPA in a statement Tuesday said would seek public comment on the new measure only after a White House review is completed. EPA spokeswoman Molly Block in a statement said the agency would move quickly on the replacement rule but did not provide a timeline.

Trump has repeatedly said the Clean Power Plan (CPP), pushed by the Obama administration, was part of the previous president’s “war on coal.” The CPP was part of that administration’s push for tougher environmental regulations and pollution standards for power generation and other industries. Trump has moved to support both coal and nuclear power, asking for government intervention in power markets to help both coal and nuclear power plants.…

Don’t Let EPA Stall on Clean Power Plan, 17 States Tell Federal Court

January 20, 2018

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The Environmental Protection Agency’s (EPA’s) recent request that the D.C. Circuit hold a case challenging the Clean Power Plan in additional abeyance until it concludes rulemaking has been strongly opposed by 17 states and several cities.

The EPA, in its latest 30-day court-required status report filed on January 10, asked the federal court for continued abeyance of the massive case. The court heard oral arguments on the merits of the Obama administration’s legacy rule to curb carbon dioxide emissions from power plants 16 months ago.

But in a joint filing with the court on January 17, 17 states—California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia, and Washington—along with the District of Columbia, New York City, Florida’s Broward County, Boulder (Colorado), Chicago, Philadelphia, and South Miami, urged the court to deny additional abeyance.

“Neither EPA’s proposed repeal of the Clean Power Plan nor its prolonged and uncertain plans to replace the rule justify additional abeyance,” the parties argued.…