We've asked the NextEnergy team to share the industry-related news, stories and information that have grabbed their attention this month. We hope you find it useful!
Jim Saber, President & Chief Executive Officer
What he’s reading: Are Electric Cars Really Better for the Environment
Media:Wall Street Journal
What makes it interesting: Interesting article outline GHG emissions scenarios for light duty vehicles.
Latonya Binford, Accountant
What she’s reading: Electric dreams: Accelerated by recent actions in California and Massachusetts, the transition from gas-powered cars to electric vehicles is coming more quickly than many thought possible
Media: Environment America
What makes it interesting: The history of California’s journey to self-steering its own clean air/car emissions standards, which are higher than the rest of the country, is interesting. Even more interesting is the recent declaration of more states to follow in California’s footsteps with their own regulations. I expect to see more (we have heard one already) “hard” timelines from US automobile manufacturers for converting some or all of its products from fossil fuel driven to electric charged in very near future.
Eric McDonald, Director, Facilities & Infrastructure Development
What he’s reading: Coal-Fired Power Took a Beating During the Pandemic, Study Finds
Media: New York Times
What makes it interesting: Coal fired power generation saw the greatest decrease due to decreased power demand during the pandemic. Coal fired plants are the most expensive to operate now. Renewable power is the least expensive to operate as there are no fuel costs. The reduced emissions from reduced coal power generation and the realization of lower operating costs of renewable power generation leads analysts to believe there could be an acceleration in adoption of renewable power.
Angella Durkin, COO
What she’s reading: Detroit affordable housing project will give renters benefits of solar ownership
Media: Energy News Network
What makes it interesting: Based in Detroit, I love to read about expanded solar access in my own hometown! This is an innovative approach to providing community solar in and affordable housing.