The global economy must triple its annual investment in low-emissions technology, from $750 billion per year between 2010 and 2015 to $2.3 trillion per year going forward until 2040, to keep the planet under 2 degrees Celsius warmer compared to pre-industrial levels according to analysis from the Precourt Institute for Energy at Stanford University. The report, Derisking Decarbonization: Making Green Energy Investments Blue Chip, served as the framing paper for the Clean Energy Finance Forum that the Precourt Institute hosted on November 1st.

Continue Reading Stanford Report Argues Clean Energy Investment Must Triple to Halt Catastrophic Global Warming

On November 1, the Baker-Polito Administration awarded $3.7 million in grants to increase the adoption of cost-saving clean energy technologies by Massachusetts low-income residents as part of the Commonwealth’s Affordable Clean Residential Energy Program (ACRE).

Continue Reading Baker-Polito Administration Awards $3.7 Million in Grants for Clean Energy Technology

The same technology underlying the efficiency of bitcoin transactions and largely responsible for the online currency’s success could be the key to developing a smarter energy grid. Blockchain, a shared, encrypted ledger maintained by a network of computers, gives bitcoin transactions their unique peer-to-peer quality, making the entire system decentralized without a central repository or single administrator. While the electricity grid still relies on centralized plants generating power sent over long distances, blockchain technology could help modernize the system, making it easier for smaller, distributed networks to connect to the grid and exchange power locally.

Continue Reading Blockchain Technology Could be Key to Smarter Energy Grid

The Northeast Clean Energy Council (NECEC), the nation’s foremost clean energy advocacy group, recognized our own Tom Burton as one of eight clean energy industry leaders at NECEC’s 10th Annual Green Tie Gala on October 26 in Boston. Tom and the seven other awardees received special “Decade of Influence” Green Tie Gala Awards for their work advancing the clean energy economy over the past decade. Joining Tom in receiving this esteemed honor:

  • Alicia Barton, President and CEO, New York State Energy Research and Development Authority
  • Ian Bowles, Co-Founder and Managing Director, WindSail Capital Group
  • Steve Cowell, President, E4TheFuture
  • Tim Healy, former Chairman and Chief Executive Officer, EnerNOC
  • Emily Reichert, CEO, Greentown Labs
  • George P. Sakellaris, President and Chief Executive Officer, Ameresco
  • Mitch Tyson, Tyson Associates, NECEC Board Chair

We are proud to have served as a sponsor for this event, which was comprised of 400+ attendees. We congratulate Tom and the seven other clean energy trailblazers on this wonderful accomplishment!

Continue Reading Tom Burton Recognized as Clean Energy Leader by Northeast Clean Energy Council

On October 13, former Nevada Senator Harry Reid and current Governor of Nevada Brian Sandoval hosted the ninth annual National Clean Energy Summit in Las Vegas, NV. Each year, the 3-day summit brings together leaders of industry, government, and advocacy organizations in an effort to shape the United States’ energy policy agenda and facilitate the country’s progress towards a clean energy economy.

Continue Reading National Clean Energy Summit Sets the Stage for the Future of Sustainability

On September 11th, Tesla announced the opening of Supercharger stations in downtown Boston and Chicago, representing the first step in the company’s effort to expand its Supercharger network into urban areas. The company currently operates 951 Supercharger stations worldwide, primarily along major highways to provide quick recharging on long trips. By bringing the network of charging stations into city centers, Tesla hopes to service growing demand among urban dwellers without immediate access to home or workplace charging.

Continue Reading Tesla Bringing Supercharger Stations to Boston and Chicago

On August 23, 2017, the Department of Energy (DOE) released its “Staff Report to the Secretary on Electricity Markets and Reliability,” which was commissioned by U.S. Secretary of Energy Rick Perry in April to provide an assessment of the reliability and resilience of the United States’ electrical grid. The comprehensive report includes an overview of electric grid resources, identification of issues bearing on electricity markets, and several recommendations primarily focused on implementing pricing policies designed to support baseload resources.

Continue Reading U.S. Department of Energy Releases “Staff Report to the Secretary on Electricity Markets and Reliability”

On August 23, the Baker-Polito Administration awarded $455,000 in grants to seven early-stage researchers and companies developing clean energy technologies as part of the Massachusetts Clean Energy Center’s (MassCEC) Catalyst program.

Continue Reading Baker-Polito Administration Awards $455,000 in Grants to Clean Energy Innovators

On August 23, Massachusetts joined the eight other states in the Regional Greenhouse Gas Initiative (RGGI) in announcing a plan to reduce carbon dioxide emissions by an additional 30 percent by 2030 relative to 2020 levels. The nation’s first market-based regulatory program to reduce greenhouse gas emissions, the RGGI counts Connecticut, Delaware, Maine, Maryland, New Hampshire, New York, Rhode Island, Vermont, and Massachusetts as members. Since 2009, the initiative has employed a cap-and-trade program to lower emissions, and the proceeds from the pollution permit auctions are used to support energy efficiency programs in the member states. This most recent plan would lower emissions by more than 65 percent since the initiative’s inception.

Continue Reading Massachusetts Joins Other States in Regional Greenhouse Gas Initiative Announcing Plan to Reduce Emissions by Additional 30 Percent over 2020 Levels