Industry Insights


    ESG Products(9/4/24)

        Hi everyone. Let's get to work on balancing the carbon equation.


        Environmental/ESG Products: How Created, How Traded


         Incredibly complex topic but very important to everyone in energy, not just renewables.



        Best reviewed in several sittings, then do a deeper dive depending on your interests. Pick one area, say Solar RECs—which have been around for a while, then move into offset products.


         RECs, like those for solar, are just one of many products that settle financially. In addition, there are offsets and other mechanisms both in the US and abroad.


         The best place to start to understand this subject from the top down is ICE, the Intercontinental Commodity Exchange.


         Great Infographic:


        https://www.ice.com/insights/esg-toolkit-series/how-environmental-markets-advance-net-zero


         Later, there’s another table that is the directory to products:


        https://www.ice.com/energy/environmental


         From here you can go to products relevant to your business.


        The Brokers In The Space


        The dominant firm is Sage Energy Holdings at https://sageenergyholdings.com/


         


        They have a great website with good content on ESG products.


         


        Another is Interactive Brokers at: https://www.interactivebrokers.com/


        Not as easy to navigate but some good content.




        Take some time to absorb.




        Send me a note if you have thoughts on the subject.


        crbamford@rockwoodenergysearch.com



        Thanks, 

    Renewable Portfolio Standards(RPS) 8/4/24

        Since this topic affects all renewable energy activities in the US, it’s important to have current information and links to the right state information.  Even if you’re not a policy wonk, it’s good to review those programs that affect your projects.


        Here are some major sources of information at different levels of detail.  All worth reviewing.

        One new twist is the introduction of Clean Energy Standards(CES), which extends the discussion.


        Difference between RPS and CES:


        A renewable portfolio standard (RPS)—adopted by 20 states and the District of Columbia—requires a certain percentage of a utility’s electricity to come from renewable energy sources.

        A clean energy standard (CES)—adopted by nine states—requires a certain percentage of a utility’s electricity to come from low- or zero-carbon emitting energy sources.


        Difference discussed here:

        https://www.c2es.org/document/renewable-and-alternate-energy-portfolio-standards/


        Overview of RPS

        Good article from the US Berkeley Labs, though one year old, on the overview:


        https://emp.lbl.gov/publications/us-state-renewables-portfolio-clean


        The Climate Exchange Site also is useful:  https://climate-xchange.org/


        Has a useful dashboard and even webinars.


        Detailed Information Sources


        The grandaddy of renewable policy information is the “Database of State Incentives for Renewables & Efficiency”  at https://www.dsireusa.org/   from the NC State Clean Energy Technology Center.

        Has great, detailed coverage of programs within each state, including energy efficiency programs.

        Better yet, it covers US Federal Programs. One can drill down on 30 different programs that even cover tax deductions.






    Digging deeper on the growth in energy demand from data centers (7/7/24)

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