How the Inflation Reduction Act Affects Renewable Energy Adoption 

Introduction  The Inflation Reduction Act aims to lower costs for families, combat the ongoing climate crisis, reduce the deficit, and tax the wealthiest corporations and earners. The Act raises nearly $800 billion from multiple revenue sources with $369 billion earmarked for clean energy and climate change mitigation initiatives. This is the largest federal clean energy […]

How Renewable Energy Improves Power Grid Reliability

The cost of renewable energy continues to decline significantly year over year making it the cheapest source of power. Since 2010, the price of solar power fell by over 80% while the price of fossil fuels remained relatively stagnant until the recent energy crisis. The rapid rise in fossil fuels like coal, natural gas, and […]

Is that a typo? Floatovoltaics?

Floatovoltaics are photovoltaic solar panel arrays installed on bodies of water like reservoirs and water treatment plants. These floating solar farms are an emerging niche within the renewable energy industry. The National Renewable Energy Laboratory estimated that floatovoltaics installed on just a quarter of the United States’ manmade reservoirs could generate at least ten percent […]

The Power of Sustainable Finance and Renewables 

The rise of sustainable finance is propelling more companies to adopt environmentally friendly and sustainable practices. Sustainable finance is the process of taking environmental, social, and governance (ESG) considerations into account while making investment decisions. This growing practice is leading to more long-term investments in renewable energy projects for businesses, governments, and individuals.  In 2021, […]

How the U.S. is Accelerating Solar Adoption

The United States is one of the leading countries in solar energy and photovoltaic adoption. In 2021, the United States installed over 35 gigawatts of new capacity from renewable energy or battery technologies. In addition, photovoltaics represented over 44% of the new electric generation capacity in the United States.  While the United States remains a […]

The REPowerEU Plan in detail

The European Commission presented the REPowerEU Plan in response to the global energy crisis and to reduce its reliance on Russian natural gas, crude oil, and coal. The plan focuses on three key pillars–energy savings, diversification of energy supplies, and accelerated roll-out of renewable energy. These pillars address some of the core factors driving the […]

What is the REPowerEU Plan?

What is the REPowerEU Plan? The global shortage of natural gas and crude oil continues to drive market volatility and historically elevated prices. In the first quarter of the year, short-term natural gas prices on the most prominent European exchange were five times higher than the 2021 average. In addition to elevated short-term prices, the […]

Unpacking the Carbon Credit market Pt2

The Compliance and Voluntary Carbon Markets  Carbon markets are fundamental to achieving net-zero greenhouse gas emissions. Currently, the compliance carbon market is more mature than the voluntary carbon market due to transparency and regulation. The voluntary carbon market, however, presents a massive growth opportunity as demand for carbon credits rapidly increase while cap-and-trade systems only […]

Unpacking the Carbon Credit Market Pt 1

Global carbon markets continue to grow at a rapid pace as companies set aggressive net-zero emissions goals. For the fourth year in a row, the total value of global carbon markets grew by more than 20 percent. In addition, the compliance carbon market value reached over $100 billion with an annual trading turnover of over […]

How Corporations are Driving Renewable Energy Adoption Pt2

How Corporations Power Renewable Adoption  Companies are using a variety of ways that are driving renewable energy adoption. These include using power purchase agreements, generating, purchasing, and selling carbon offsets, and funding renewable energy adoption across their supply chains. All these methods power the transition to clean energy for corporations.  Power Purchase Agreements Power purchase […]