Dive Brief: A flurry of lawsuits hit the courts on Monday as industry and environmental groups reacted to the Federal Energy Regulatory Commission's Thursday decision to uphold a controversial December ruling. Several groups had filed a request for rehearing with FERC following the commission's Dec. 16 order that would effectively raise the floor price for all new … [Read more...] about Broad array of groups sue FERC over PJM MOPR decision as Chatterjee rejects cost, renewable concerns
Storage, smart grid, energy efficiency sectors see $337M in Q1 corporate funding: Report
Dive Brief: Battery storage, smart grid and energy efficiency companies raised $252 million in venture capital (VC) funding in the first quarter of 2020, according to a new report from Mercom Capital Group, a 20% increase over the first quarter of last year. Total corporate funding for these sectors — which includes debt and public market financing … [Read more...] about Storage, smart grid, energy efficiency sectors see $337M in Q1 corporate funding: Report
Dear efficiency advocates: Don't fear electrification
The following is a contributed article by Richard Oberg, an energy efficiency implementer with the Sacramento Municipal Utility District. For three decades, I’ve helped homeowners and businesses save energy and money through energy efficiency improvements — for the last decade through my role at the Sacramento Municipal Utility District (SMUD), a community-owned, … [Read more...] about Dear efficiency advocates: Don't fear electrification
Citi pledges to stop thermal coal-mining financing by 2030 to aid shift from fossil fuels
Dive Brief: Citi has pledged to stop providing financial services to thermal coal-mining companies by 2030, the bank said Monday in a statement, according to Bloomberg. The bank has long held a progressive stance toward environmentally responsible lending. Last July, it became the first major U.S. bank to endorse the United Nations' Principles for Responsible … [Read more...] about Citi pledges to stop thermal coal-mining financing by 2030 to aid shift from fossil fuels
California cities top air pollution list — again
Dive Brief: About five in 10 people, or 45.8% of the U.S. population, live in an area with unhealthy ozone or particle pollution, according to the American Lung Association's 2020 "State of the Air" report. Los Angeles once again ranked as the city with the worst ozone pollution, a ranking it has maintained for the past 20 years of the report's 21 year-history. … [Read more...] about California cities top air pollution list — again