On Thursday, September 22nd, ACORE presented the US-Canada Renewable Energy Forum, with the support of the Canadian Consulate in New York, Brookfield Asset Management and Phillips Lytle, LLP. Held during Climate Week NYC, the forum discussed recent policy developments and worked to identify opportunities for collaboration and cross-border projects to increase the development of renewable energy in the United States and Canada. The forum was attended by over 70 people representing a diverse mix of financiers, developers, policy experts, government representatives and NGOs.
April 11 -- A nearly unanimous House voted Wednesday to lift barriers to the development of hydropower around the country, something that the bill's supporters say would help develop cheap, clean energy and create jobs. >>View Article
By Jenna Goodward 09/18/2013
The Renewable Energy Finance Forum (REFF-West) kicked off its first day with a lively debate about whether the West really is exceptional when it comes to the outlook for renewables. The panel of experts weighing in included Terry Grant of Marathon Capital, Barney Schauble of Nephila Advisors LLC, Nancy Pfund of DBL Investors, J. Radford Small of Goldman Sachs, Rob Sternthal of Reznick, and Tracey A. LeBeau of the Western Area Power Administration. Renewable energy technologies, mature or maturing, are generally situated in three contexts: the policy landscape, the surrounding physical grid they serve, and the financial markets.
By Lesley Hunter 9/17/13
The western United States’ remarkable renewable energy resource availability, supportive policies, and well-developed supply chains have transformed western states into national leaders in renewable energy development. In 2012, the 13 western states attracted more than half of the country’s combined venture capital, private equity and asset finance investment in the renewable energy sector, and produced approximately 31% of their total energy generation from renewable energy sources – compared to roughly 12% nationally (sources: Bloomberg New Energy Finance (BNEF) and the Energy Information Administration (EIA)).
September 18 -- The state’s clean energy industry continues to thrive, according to two separate reports released Tuesday, with more than 20,000 employees working in renewable energy in Massachusetts and Boston ranked the most energy-efficient US city. An analysis for the Massachusetts Clean Energy Center, a quasipublic agency created to support the alternative energy sector, found the jobs in the industry were spread across several energy technologies, including solar, wind, hydropower, and bioenergy, which includes biofuels. >>View Article
September 16 -- The rolling hills of northern New Hampshire are among the treasures of New England, and the prospect of an elevated power line cutting across the face of these ranges instinctively seems distressing. This sort of fear — of the destruction of natural beauty as well as the disruption to the local tourism industry due to this damage — has characterized the debate surrounding Northern Pass, a high-voltage transmission line being built by Northeast Utilities that will carry 1,200 megawatts of Canadian hydropower to the New England grid. The proposed route runs the length of New Hampshire, and much of the northernmost 40 miles will travel through forestland. It is understandable that the people of New Hampshire are concerned. >>View Article
September 12 -- On a typical summer weekend, hundreds of boats glide across the shimmering surface of Iowa's Lake Red Rock, the state's largest body of water. The placid 15,000-acre lake was created in the 1960s after the government built a dam to prevent frequent flooding on the Des Moines River. Now the cool waters behind the dam are attracting interest beyond warm-weather recreation. A power company wants to build a hydroelectric plant here — a project that reflects renewed interest in hydropower nationwide, which could bring changes to scores of American dams. >>View Article
August 28 -- The latest US Energy Information Administration’s (EIA) “Electric Power Monthly” report with data through to the end of June, 2013, shows that renewable energy generation is continuing to grow, making up over 14% of the nation’s net generation (not including hydroelectric sources). >>View Article
August 22 -- City departments collectively failed to reduce greenhouse gases by their 2012 target, yet the shortcoming had nothing to do with electricity usage. >>View Article
August 19 -- The one thing everyone working on energy issues in America can agree upon is non-existent energy policy action at the national level. But late last week President Obama signed two bipartisan bills that could create a major boost for US renewables generation from an unlikely source – small hydropower. >>View Article