Energy Efficiency

ARPA-E Announces Methane Reduction and Thermal Management Programs

ARPA-E has announced two programs to address methane emissions and develop innovative heating and cooling devices for buildings. On April 29, 2014, the Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) announced $60M for innovative programs to reduce oil and gas sector methane emissions and facilitate energy-efficient thermal management in buildings.  ARPA-E…...

New York Green Bank to Transform Clean Energy Markets

On February 5, 2014, The New York Green Bank (NYGB) issued its first solicitation for project funding. With project funding commencing, NYGB aims to create a sustainable stream of private capital to replace intermittent grants and subsidies from state and federal sources, and be the first U.S. Green Bank to target $1 billion in capitalization…....

DOE Issues Draft Loan Solicitation for Clean Energy Projects

DOE has released a draft solicitation for renewable energy and energy efficiency projects that could provide up to $4B in loan guarantees. On April 16, 2014, the Department of Energy (DOE) issued a draft loan guarantee solicitation for innovative renewable energy and energy efficiency projects aimed to reduce greenhouse gas emissions.  The Renewable Energy and…...

Memoranda of Understanding Aim to Increase Transparency of Energy Market Oversight

On January 2, 2014, the Federal Energy Regulatory Commission and the Commodity Futures Trading Commission officially entered into two Memoranda of Understanding (MOU). The MOUs will provide solutions for overlapping jurisdiction and sharing information of mutual interest. Overview On March 5, 2014, the Federal Energy Regulatory Commission (FERC) and Commodity Futures Trading Commission (CFTC) announced…...

EPA Releases Top 25 List of U.S. Cities With Most Energy Star Buildings

More than 23,000 buildings across the U.S. have earned EPA’s Energy Star Certification, saving more than $3.1B on utility bills. On April 10, 2014, the Environmental Protection Agency (EPA) released the sixth annual list of top 25 U.S. cities with the most Energy Star certified buildings.  The cities demonstrate economic and environmental benefits achieved from…...

DOE Releases Strategic Plan 2014-2018

DOE has released a five-year Strategic Plan outlining priorities to address the nation’s energy, security, economic, and environmental challenges. On April 7, 2014, the Department of Energy (DOE) released its Strategic Plan for 2014-2018 to advance its mission of enhancing U.S. security and economic growth through transformative science, technology, and market solutions to address energy,…...

Value of Solar Tariffs Aim to Further Address Costs and Benefits

The solar energy industry is disrupting the traditional one-way power flow utility model. To account for this, utilities and states are working together on creative energy compensation and tariff policies. Overview On March 12, 2014, the Minnesota Public Utilities Commission (PUC) approved the nation’s first statewide value of solar tariff (VOST), a methodology that will…...

NY State HVAC Program Surpasses 2013 Goal

New York State’s HVAC Business Partners program more than doubled its 2013 Quality Maintenance project goal, resulting in energy savings of 1.53 GWh. On April 1, 2014, the New York Energy Research and Development Authority (NYSERDA) announced the completion of 1,227 Quality Maintenance projects under its 2013 HVAC Business Partners program, more than double its…...

California Cap and Trade Program Strong after First Year of Operation

On February 19, 2014, the California Air Resources Board (CARB) held its sixth carbon allowance auction. Auction results over the first year show that compliance entities are becoming more comfortable with program and that investor market confidence is growing. Similarly, a secondary allowance market is also developing as market confidence grows. Overview The California Air…...

Q1 2014 RGGI Auction Indicates Renewed Northeast Carbon Market

On March 4, 2014, the Regional Greenhouse Gas Initiative (RGGI) held the first carbon allowance auction under the new Model Rule. Auction prices reached record levels and high market participation and allowance demand exhausted the 5 million allowance Cost Containment Reserve. Overview The Regional Greenhouse Gas Initiative (RGGI) is the nation’s first mandatory market-based cap-and-trade…...

NYPA Releases 2014-2019 Strategic Vision

The New York Power Authority has released its updated strategic plan outlining actionable initiatives to attain a transformed energy system. On March 26, 2014, the New York Power Authority (NYPA) released its Strategic Vision 2014-2019, an updated strategic plan aimed to boost economic growth by providing more value to NYPA customers.  Through the plan, NYPA…...