In a bid to fight against climate change, tall buildings in New York City will now be required to retrofit their structures to improve energy efficiency. About a hundred people gathered to lend their support for a landmark climate bill. This bill has an unconventional approach as it does not focus on vehicular emissions or burning of fossil fuels, but the source of nearly 70% of New York’s greenhouse gas emissions; it emphasizes New York’s skyline.
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Copenhagen, a city that was once industrial and polluted like most other urban cities of today, now aims to become net carbon neutral city by 2025. It has set an example for other modern cities, showing that even with a population of 600,,000 people, it is possible to take such initiatives. From changing how people get around in the city to how they heat their homes and what they do with their trash, the city has been planning to take several issues into consideration.
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New York is leading the clean energy vision with its energy and climate strategy that seeks to achieve 100% clean and carbon-free power by 2040. Recently, Governor Andrew Cuomo launched the Reforming the Energy Vision (REV), which further demonstrated New York’s commitment to clean energy.
This has also proved that investments in a carbon-free and clean energy technology need not come at the cost of raising the price for consumers.
Marbletown, a town that covers an area of 55 square miles and has a population of 5,500 people, recently joined the Renewable Highlands Community Choice Aggregation (CCA) program supported by New York’s Reforming the Energy Vision initiative. Despite being a small town in New York, it has adopted a 100% renewable energy future plan that is also aimed at being profitable.
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The US granted Iraq a 90-day waiver from sanction to buy energy from Iran. This renewal exempts if from US sanctions on Iran, thereby allowing Iraq to import Iranian gas, which is critical for its power production. Despite being OPEC’s second largest producer of oil, the war-ravaged country has lacked investment and resources, leaving it entirely dependent on Iranian natural gas plants for almost 45% of its electricity requirements.
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In a bid to make Florida switch to cleaner sources of energy, two identical bills were filed by the Florida legislators — Anna Eskamani and Sen. José Javier Rodríguez. This can be seen as part of the United States larger goal of shifting towards renewable energy to mitigate the ill-effects that have emanated from the use of fossil fuels.
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After sinking last week, oil prices witnessed a rebound because of OPEC’s supply cuts and the growing possibility for a resolution to the US-China trade dispute. The US and China are nearing a deal that would roll back tariffs. This has assuaged fears that their standoff will weigh on global growth and adversely affect fuel demand.
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Source: GTM
BY PADMA EDIRSINGHE
According to 18 CFR Part 35 which was issued on Feb 15, 2018:
What is FERC 841:
FERC is amending its regulations under the Federal Power Act (FPA) to remove barriers to the participation of electric storage resources in the capacity, energy, and ancillary service markets operated by Regional Transmission Organizations (RTO) and Independent System Operators (ISO) (RTO/ISO markets).
The New York State Energy Research and Development Authority (NYSERDA) — a public benefit corporation that provides innovative programs, technical expertise and funding to help New Yorkers increase the use of efficient energy and reduce dependence on fossil fuels — announced on February 20 that a total of $1 million will be made available to qualified home energy contractors and home inspectors through a four-phase, multi-year Home Energy Rating Pilot (Pilot).
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New York is making consistent efforts to move towards its 50% clean energy goal by 2030. Governor Cuomo announced the plan to work on a 1500 MW energy store battery project by 2025. This was a decisive move to reduce carbon emissions and boost the reliability of electricity. Nearly $350 million will be authorized to support the energy storage market. The investment includes funds for both solar and storage projects within New York.
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