Electricity
Michigan Is the Latest State to Embrace the Value of Clean Energy Portfolios
Last Friday, Michigan’s two largest electric utilities, DTE Energy and Consumers Energy, announced plans to meet half of their load by 2030 with renewable energy and efficiency technologies. Their commitment is the latest example of utilities recognizing the value these technologies provide to their customers, and often to…
Report Release: The Economics of Clean Energy Portfolios
Download RMI’s new report, The Economics of Clean Energy Portfolios The US power system is one of the largest, most complicated, and most expensive machines in the world, but the grid’s core infrastructure is old and is not aging gracefully. Nearly 500 gigawatts (GW), or about half of the…
China’s Move Away from Voluntary Green Certificates: Implications for Corporate Renewable Procurement
On March 23, 2018, China’s National Energy Administration (NEA) released for comment a draft of a groundbreaking national policy, the Renewable Portfolio Standard and Assessment Methods (the “draft policy”), that would create a market for renewable energy certificates (RECs). The new REC market is a positive signal and could be…
When Cheap Doesn’t Cut It: Why Energy Buyers Should Look at Value, not Just Cost
“New Record Set for World’s Cheapest Solar.” A headline like this makes for great social media fodder. The downward trend in renewables prices is fantastic—it’s the most important driver for the growth of solar and wind energy. However, when your business or utility is comparing different energy projects, looking…
Customer-Centric Energy Transformation
Download RMI’s new report, Customer-Centric Energy Transformation: A Case Study of the Opportunity with Green Mountain Power The U.S. electricity industry needs new business models to complete the transformation to an affordable, reliable, low-carbon energy system. New models that transition away from traditional cost-of-service regulation can empower customers to…