Displaying items by tag: duke energy
SACE released its annual utility decarbonization tracking report, and it’s not pretty
Report: Many utilities are not reducing carbon emissions despite public assurances to the contrary
KNOXVILLE — Global greenhouse gas emissions must peak by 2025 and experience rapid and deep reductions to avoid a potentially catastrophic future, according to a new analysis by air-quality and climate advocates. Emissions must reach net zero by the early 2050s to limit warming to 1.5 degrees (C) in order to avoid the worst impacts of the climate crisis.
Many utilities and municipalities have acknowledged this dynamic, but the Southern Alliance for Clean Energy s fourth annual “Tracking Decarbonization in the Southeast" report highlights that current utility resource plans are not in line with this overarching target. Obstacles to getting utilities on track that are discussed in our report include: increasing reliance on fossil gas, underutilizing energy efficiency, and placing limitations on popular technologies such as rooftop solar. There’s still a lot of work to do before any Southeast utility is on track to decarbonize.
Southern Alliance for Clean Energy has a blueprint to help multiple utilities swear off fossil fuels
Southern Alliance for Clean Energy offers detailed climate action items for fossil-based utilities
A new SACE report shows not only that is it possible for the four largest utilities in the Southeast to achieve 100 percent clean electricity, but there are several pathways to get there. A variety of different energy technologies and programs can be deployed to reach this goal.
The key takeaway is that we need to start now.
A clean electricity standard is a policy that requires utilities to use clean energy resources to generate a minimum portion of all energy by a certain date. Since the first renewable standard was passed in Iowa in 1983 states and utilities across the U.S. have a lot of experience with this kind of policy.
As part of federal climate action, the Biden administration and several members of Congress have proposed different versions of a Clean Electricity Standard (CES) that achieves 100 percent clean electricity by 2035. SACE has called for the Tennessee Valley Authority (TVA) to lead the way by getting to 100 percent clean electricity by 2030.
To help us understand what 100 percent clean electricity would look like here in the Southeast, SACE staff developed pathways to meet a CES policy for our region’s four largest utility companies: TVA, Southern Company, NextEra (which owns Florida Power & Light and Gulf Power), and Duke Energy.
On Wednesday, June 16, and Thursday, June 17, SACE’s policy staff will host webinars focusing on pathways to 100 percent clean electricity for each of the utilities examined in the report: Duke Energy, NextEra, TVA, and Southern Company, including:
-What a federal Clean Electricity Standard is and how it could be key to kickstarting aggressive decarbonization;
-Multiple pathways with a different power generation mix for each utility to reach net-zero carbon emissions;
-How distributed resources like rooftop solar and energy efficiency are key to decarbonizing; and
-Descriptions of the method used to develop and test each pathway to clean electricity.
Register for one or more of the following webinars Wednesday, June 16, and Thursday, June 17:
- Duke Energy: Wednesday, June 16, 11 AM - 12 PM ET
- NextEra: Wednesday, June 16, 3 PM - 4 PM ET
- Tennessee Valley Authority: Thursday, June 17, 11 AM - 12 PM ET
- Southern Company: Thursday, June 17, 3 PM - 4 PM ET
Download the report: “Achieving 100% Clean Electricity in the Southeast: Enacting a Federal Clean Electricity Standard.”
The primary pathway is focused on distributed energy resources (DERs). We found that with significant and sustained investments in DERs, like energy efficiency and rooftop solar, these utilities can achieve a customer-oriented pathway to clean electricity. In fact, these two resources, energy efficiency and rooftop solar, could meet approximately one-third of all electricity needs for these utilities by 2035. In addition to these distributed resources, these successful pathways will also include wind power, large-scale solar, and energy storage.
We found that when utilities have the ability to share resources to meet peak needs and reserve margins, fewer resources are needed overall. In most parts of the country, utilities already have the ability to do this through competitive electricity markets, but not in the Southeast. Having one such market that spans across the Southeast would help the region as a whole achieve 100 percent clean electricity.
Our analysis only looked at existing technologies. While it is good to know that today’s technologies can play a critical role in the pathway to 100 percent clean electricity, and so we must ramp up these technologies immediately, it is also true that investments in technology innovation are important to make it easier to get there. We still need to invest in research and development that can lead to improvements of existing clean electricity technologies and commercialization of new clean electricity technologies. This should not be a question of either deployment or research, both are needed.
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- southeastern utility fossil fuel
- southern alliance for clean energy
- climate action
- we need to start now
- clean electricity standard
- electric utility
- southern company
- florida power & light
- gulf power
- duke energy
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- distributed energy resource
- wind power
- largescale solar
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- tennessee valley authority