By Sneha Ayyagari, NRDC
Deep in the heart of Austin, Texas, at the Green Tech Media’s U.S. Power and Renewables Summit, the room was buzzing with optimism and enthusiasm as utility company executives, renewable energy developers, regulators, and financiers shared their research and experiences from different angles of the rapidly evolving renewable energy industry. Here are 3 key takeaways from the conference.
Extensive investment in renewable energy is already underway, and the future is bright with massive advancements and investment into clean energy technology and policy innovation.
ADDITIONAL RECOMMENDED READING
- US communities lead energy transition, Innovators Magazine
Innovators Magazine reported in May that GRID Alternatives had trained around 30,000 people to deliver close on 29 megawatts of solar capacity; providing an equivalent combined saving of $230 million in electric charges. And now the platform has received a $500,000 grant from the Bank of America to strengthen its SolarCorps Fellowships Program. It provides fellows with a year of paid placements across the States, where they build the skills to pursue a career in renewable energy and pass the knowledge to underserved communities.
- Utility of the Year: Austin Energy, Smart Cities Dive
In January, Austin residents were given the option to join the Austin Energy Community Solar program and meet 100% of their electricity needs through solar, all without needing to install solar panels on their roofs. The utility’s broad solar program, including the Austin SHINES project, garnered recognition from the C40 Cities Bloomberg Philanthropies Awards 2017.
- Turning a Corner: Shifts in Asset Ownership Strategies Are Concentrating the Commercial Solar Market, Greentech Media
- From Yarn Bunnies to Amazon, Tech Fights Trump Coal Plan, Bloomberg
- Battery Storage Steals The Spotlight At Nuclear Power’s Birthday Party, Forbes
It was nuclear power’s birthday bash, but Exelon CEO Chris Crane, head of the nation’s largest nuclear operator, named energy storage the most promising technology of the future, one that could render nuclear power unnecessary.
- Looking past the horizon of renewable energy, GreenBiz
- ‘Great day for energy storage’ as New York governor Cuomo approves setting of deployment target, Energy Storage News
- Government Action Opens Doors for Microgrids and Energy Storage in Massachusetts, Microgrid Knowledge
- Microgrids Keep These Cities Running When the Power Goes Out, Inside Climate News
- Puerto Rico receives an influx of solar-powered help, PV Magazine. The U.S. territory is still devastated and is struggling with basic needs, including a widespread lack of electricity. Global nonprofit OHorizons and battery company sonnen are trying to help.
- Off-Grid Solar and Storage May Be 80% Cheaper in Developing Countries Than Assumed, Greentech Media. London-based Crown Agents said the perceived high capital cost of PV and storage is acting as a deterrent to investment by multilateral agencies, but this perception is based on outdated technology assumptions.
- The site of the world’s worst nuclear meltdown is about to become a solar farm, Business Insider