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In his 2013 State of the State Address, New York Governor Andrew M. Cuomo proposed a $1 billion “Green Bank” to draw in private sector money and spark investment in clean energy projects. The Governor also named a “Cabinet-Level Energy Czar” to advance his clean tech strategies. The announcements are a step forward to promote renewable energy development and boost New York’s clean energy economy.

Governor Cuomo, at his 2013 State of the State address on January 9, 2013, announced innovative proposals to continue clean energy economy advancement. Central to his strategy is a $1 billion Green Bank, a fund that will draw in private sector money to match public funds and spur investment in clean energy technologies. The goal is to provide low-cost and low-risk financing for renewable projects and energy efficiency programs. Part of the funds from Energy Efficiency Portfolio, Renewable Portfolio Standards, and System Benefit Charge will fund the Bank and attract private investment. Governor Cuomo also named Richard Kauffman, Senior Advisor to Energy Secretary Steven Chu, as “Cabinet-Level Energy Czar.” Kauffman will oversee the Green Bank and head the new sub-cabinet formed to oversee clean energy policy and funding. Keep reading →


It is rare to hear “we can’t do that” in the world of information technology today. Given the scale of potential technology investments and the flood of resulting information the challenge today is more often answering the question “what would you like to do?”

Designing ways to help companies, institutions and cities answer that question has become the mission for big data experts at IBM, the company’s Smarter Cities General Manager Michael Dixon told Breaking Energy in a recent briefing. “The obstacles to progress are cultural and organizational, not financial or technological,” Dixon said. “Individual leaders are asking what to do with data and finding areas of resonance for their communities.” Keep reading →


Once upon a time it was believed that an excess of regulatory oversight would prove itself to be justified. Such a belief was short lived. In the case of the Dodd-Frank Act, it’s not only the regulation that’s complex; it is the uncertainty of if, how and when it applies.

The Dodd-Frank Act was signed into federal law in 2010, and it brought about game-changing modifications to financial legislation in over fifty years. Some of the biggest challenges are based on the requisite interpretation of over 1,000 new pages of law. Keep reading →


Intelligent energy management systems company GridNavigator and energy management control systems contractor ATS Automation have installed a new service that provides day by day energy demand forecasts at Edmonds Community College in Lynnwood, near Seattle, Washington. That ability allows users to provide additional energy efficiency and reduce demand, meaning they can avoid spendy peak energy rates.

Pete Segall, energy services manager for ATS Automation, explained it simply: “Our customers look to us for ways to save money and reduce energy usage while minimizing capital expenses. GridNavigator’s energy forecasting service allows us to predict energy and demand spokes and launch automated reduction strategies before the demand event occurs.” Keep reading →


New York Governor Andrew M. Cuomo, in his State of the State address, proposed a tougher carbon cap for states covered under the Regional Greenhouse Gas Initiative (RGGI) cap-and-trade program. The proposal underscores RGGI’s opportunity for achieving even greater emissions reductions in future years, as its current carbon cap remains significantly higher than actual emissions produced in the nine member states.

Laying out an energy- and climate-intensive policy agenda for New York, in his address on January 9, 2013, Governor Cuomo proposed a tougher RGGI carbon cap as part of efforts to address climate change and clean energy development in the state. RGGI, the nation’s first carbon cap-and-trade program, has helped reduce CO2 emissions levels by 30% across member states since inception in 2008. However, RGGI’s current carbon cap of 165 million tons of CO2 per year is now much higher than actual emissions produced in member states – only 91 million tons (expected total) in 2012. With a cap this high, RGGI states may have emitted 45% more carbon last year and still met program compliance. Keep reading →


California is sitting on a massive amount of shale oil and could become the next oil boom state. But only if the industry can get the stuff out of the ground without upsetting the state’s powerful environmental lobby. Running from Los Angeles to San Francisco, California’s Monterey Shale is thought to contain more oil than North Dakota’s Bakken and Texas’s Eagle Ford — both scenes of an oil boom that’s created thousands of jobs and boosted U.S. oil production to the highest rate in over a decade.


California regulators released the state’s first draft regulations for hydraulic fracturing. The industry views the move as a positive start to drive oil and gas development in California, which has some of the strictest well safety regulations. The move could result in dramatic expansion of drilling activities in the state’s Monterey Shale, a major oil play that could substantially contribute to the domestic energy supply.

On December 18, 2012, California’s Department of Conservation released preliminary regulations for hydraulic fracturing, after a series of public discussions held this year to address environmental concerns. The draft rules, if passed, would require drilling companies to test well integrity and report test results to regulators before beginning fracturing operations. The proposal also seeks to require companies to maintain an online database of fracturing locations and chemical composition of fracturing fluids. It would however, provide an exemption for operators seeking protection for proprietary chemical composition information. The formal rulemaking process, expected to begin in early 2013 with further public hearings, could be finalized in about one year. Keep reading →


California regulators will direct the state’s largest utilities to return 85% of cap-and-trade proceeds to ratepayers. The move, which comes about a month after the successful completion of California’s first carbon allowance auction, aims at offsetting higher electricity costs resulting from the cap-and-trade program, by providing a “climate dividend” on utility bills.

On December 20, 1012, the California Public Utilities Commission (CPUC) unanimously approved a plan to distribute the utility sector’s carbon allowance revenues to ratepayers in the form of a biennial “climate dividend.” The plan directs three major investor-owned utilities – Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric – to return 85% of proceeds from the sale of carbon allowances to ratepayers as rebates through the life of the cap-and-trade program. The dividend, estimated to range from $20 to $40, will appear as an automatic credit on utility bills every six months starting July 2013. The amount of money that will go to ratepayers in the form of rebates from 2013 through 2020 ranges from $5.7 billion to $22.6 billion. Keep reading →


James Hughes, CEO of First Solar, recently gave a hugely interesting interview to Australia’s Renew Economy in which he discussed his company’s future, the state of the global solar market.

Hughes’ views on utility scale v. rooftop solar are intriguing and worth reading, as First Solar is one of the largest solar manufacturers in the world and a major player in the U.S. utility-scale solar market. The company has paid considerably less attention to small-scale commercial and residential solar, and this focus is reflected in Hughes’ comments about the future of distributed renewable energy generation: Keep reading →


While the nation has been focused on new sources of natural gas and shale oil, few noticed the slow decline of an older energy source, nuclear power. Today, commercial nuclear power is struggling to stay in the game.

The power markets are hammering the nation’s nukes. Over a decade ago, several regions decided to create Regional Transmission Organizations (or Independent System Operators) and use the market to set power prices. Today, North America has ten independent RTOs/ISOs, where wholesale power is auctioned every few minutes. Keep reading →

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