New Jersey Creates Nation’s First Energy Resilience Bank

New Jersey recently created the first-in-the-nation “Energy Resilience Bank (ERB).” Designed to address a repeat of the devastating impacts of SuperStorm Sandy, when over 8 million people lost electric power in the region, the ERB will provide $200 million for municipalities to finance clean resilient power solutions.

Solar + Storage and the Utility Death Spiral

Every so often, an idea seems to take on a life of its own. For example, a year or two ago, every energy blogger was talking about “solar soft costs,” and how to reduce them. Recently, the phrase du jour is “utility death spiral.”

CESA States Push For Grid Modernization

We in the Northeast have seen firsthand the enormity of the changes wrought by Hurricane Sandy – not only the storm damage itself, but subsequent and longer-lasting changes in state policy addressing resilient power and the electric grids.

Reforming the Energy Vision: Moore’s Law and the New York Department of Public Service

We have been tracking various state and federal initiatives that address resilient power and related issues, such as the integration of renewables and other distributed generation resources, the need to move to a more decentralized power system, and the need to create functioning markets for societal benefits such as resiliency and clean energy.

Solar/Storage Threatens Utility Model, Says Morgan Stanley

We here at CEG/CESA have been touting the growing market for solar combined with electricity storage for a while now. But apparently when Morgan Stanley says something, people listen.

Clean Energy for Resilient Communities

To become more resilient in the face of severe weather events, communities should rely on proven distributed energy technologies like solar PV with energy storage to protect residents from future power outages, according to a new report released today by Clean Energy Group.