Carbon markets are increasingly popular as a market-based approach to reducing greenhouse gas emissions. They offer financial incentives to companies to decarbonize by placing a cost on carbon emissions while offering credits for overachieving reductions. Active compliance markets There are several carbon market types in action across North America. Some are broader markets, like regional… Continue reading Comparison: Key North American Carbon Markets
The 20 Largest: Utilities in North America
By Aaron Foyer VP, Orennia Utilities in North America are crucial for providing essential services such as electricity, natural gas, water, and sewage to millions of households and businesses. They are foundational to economic stability, public health, and overall quality of life across the continent. ___ MAJOR TYPES OF UTILITIES Power: Generate, transmit, and distribute… Continue reading The 20 Largest: Utilities in North America
Visualized: Cleaning Up the US Electricity Sector
By Aaron Foyer VP, Orennia The reduction of carbon intensity in the US electrical grid during the 21st century has been a significant focus of environmental policy and technological development, driven by both technology and policy. Shift to renewables: There has been a substantial increase in the use of renewable sources, including wind, solar and… Continue reading Visualized: Cleaning Up the US Electricity Sector
Power Politics: Energy Preferences
By Aaron Foyer VP, Orennia In late 2022, YouGov surveyed 1,000 American on their view of 17 different types of energy. The poll reveals distinct differences in how Democrats and Republicans view various energy sources. As you might expect, there was a strong divide between the parties. ___ DEMOCRATIC VIEWS: Renewables: Democrats overwhelmingly favor renewable… Continue reading Power Politics: Energy Preferences
Clean Energy: Decarbonizing the US Power Grid
By Aaron Foyer VP, Orennia Since 2005, the US power sector has made significant strides in reducing emissions, mainly through the transition from coal to natural gas and the widespread adoption of renewables, particularly wind and solar. These changes have played a critical role in creating a more sustainable energy landscape. Coal-to-gas switching: The shift… Continue reading Clean Energy: Decarbonizing the US Power Grid
Charted: Solar Dominates New Power Growth
By Aaron Foyer VP, Orennia The landscape of electricity generation in the United States has undergone significant transformations over the past few decades. The timeline showcases the shifts in energy policy, technological advancements, and market demands that have shaped the US’ energy mix. __________________ THE NATURAL GAS BOOM In the late 1990s and early 2000s,… Continue reading Charted: Solar Dominates New Power Growth
CAISO: Mounting Negative Prices
By Aaron Foyer VP, Orennia _____________ DATA SPOTLIGHT Negative power pricing in the California Independent System Operator (CAISO) market occurs when the supply of electricity exceeds demand to such an extent that producers are essentially willing to pay consumers to take their electricity. This phenomenon can be attributed to several factors: Renewable overproduction: California has… Continue reading CAISO: Mounting Negative Prices
Introduction to SAFs
By Aaron Foyer VP, Orennia _____________ DATA SPOTLIGHT Sustainable aviation fuels (SAF) are alternative fuels that aim to reduce the carbon footprint of aviation by using renewable resources. These fuels are produced from sustainable feedstocks and have lower lifecycle greenhouse gas emissions compared to conventional jet fuels. HEFA (Hydroprocessed Esters and Fatty Acids): Derived from… Continue reading Introduction to SAFs
What Power Sources are Coming Online in 2024?
By Aaron Foyer VP, Orennia _____________ DATA SPOTLIGHT The already low-cost supply cost for solar PV paired with incentives has propelled it to be the most installed electricity source by capacity across the US and Canada. More than every other supply source combined. Of the 54 states or provinces installing meaningful capacity this year, we… Continue reading What Power Sources are Coming Online in 2024?
