The Way To More New Energy
Commitments to renewable energy are a great start — what comes next?
Priya Barua, Celina Bonugli and Emily Kaldjian, October 2, 2018 (GreenBiz)
“In the past five years, private energy buyers have made significant commitments to reaching 100 percent renewable energy and have voluntarily brought about 14.2 gigawatts (GW) of renewable energy into the electricity market…To maximize these renewable energy commitments and ensure that they are contributing to decarbonizing the electricity grid, we are entering a new era of collaboration, in which utilities will need to play an important role…[by using a portfolio of New Energy technologies like electric vehicles, large batteries and demand response strategies in] achieving net GHG emission reductions, while maintaining reliability, grid efficiency and affordability…
…[Utilities can advance solutions by collaborating] with customers to identify opportunities to retire existing power plants faster…[i]ntegrating customer energy efficiency and renewable energy goals into their long-term plans and strategies…[and designing solutions that take a portfolio approach to recognize and monetize various grid resources…Utilities and customers must continue collaborating to expand the scope of utility solutions and achieve the reduced carbon emissions from our electricity market…[They] must clearly communicate their respective sustainability and clean energy goals with…the intention of collaborating and connecting often…[and stakeholding communities] should prioritize metrics that support this broader definition of leadership…” click here for more