Bloom Energy’s Post

Ed Miliband, Energy Security and Net Zero Secretary, has announced in a recent session in the House of Commons that landlords would need their properties to meet an Energy Performance Certificate (EPC) rating C by 2030: https://lnkd.in/eUSbEeKw This marks a significant reversal following the Conservative Government’s decision to scrap the Minimum Energy Efficiency Standard (MEES) regulations in September 2023. #MinimumEnergyEfficiencyStandards #EnergyPerformanceCertificate

I am thrilled that the new government are pushing forward on minimum standards for buildings - an about turn on the previous administrations decision to kick this into the long grass. Clearly detail is need and we also need the EPC Reform Consultation to ensure we have the best tools for the job. Lets get moving on combatting the worse impacts of climate change, eradicating fuel poverty and deaths resulting from cold and unhealthy homes, and improving our fuel security.

Clean energy brings vast economic benefits - new jobs, tax revenue, investment - to communities where it is deployed, but in many places those possibilities are being derailed by short-sighted policies. ACP is committed to advancing America’s clean energy future & helping communities realize all the benefits it can deliver. https://bit.ly/3SuSc9G  

Two years ago today, when the #InflationReductionAct was signed into law, I celebrated it as a "historic milestone" that was "decades in the making."   Now, with the implementation process deep underway, we can see how true that is. BCSE's #SustainableEnergy in America #2024Factbook, which we released in February, tracked market growth both in more mature #cleanenergy technologies and in previously slow-growing, emerging #decarbonization solutions. In 2023 alone, the IRA triggered market responses that include:   - A record-shattering $303.3 billion in US #energy transition financing for clean energy technologies, including #renewableenergy, #electricvehicles, and power grid investment. - 42 GW of new renewable power-generating capacity added to the US grid, driven mainly by robust solar additions. - $123 billion in announced investments for North American #manufacturing facilities.   This is the power of public-private partnerships at work. I'm thrilled to see the incredible clean energy transition progress that has been made in just the past few years - but there's more work to be done. The team at BCSE is working to guide the efficient implementation of these IRA policies and ensure a smooth path to clean energy deployment. I look forward to continue working with partners across the energy efficiency and clean energy sectors, as well as the Biden-Harris administration and Congress, to drive further progress on this historic legislation.   For more information on the clean energy market growth driven by the IRA, check out BCSE's new blog compiling the best-in-class IRA tracker resources: https://lnkd.in/eBM5NArb

The impact of the #InflationReductionAct during the past two years has been momentous for the U.S. Interested to learn more about what the impact has been and where to find resources for navigating the IRA? Check out BCSE's blog covering a comprehensive round-up of the best IRA resources, trackers, analyses, and guides. 👇

The passage of the #InflationReductionAct (IRA) celebrates its two-year anniversary this week, and already, the legislation’s #energyefficiency and #cleanenergy incentives have spurred significant private and public investment in the #energy transition. BCSE's new blog provides a sampling of data from clean energy industries, federal agencies, NGOs, and BCSE members that catalogue the clean energy project announcements, job creation, and carbon emissions reductions since the enactment of the IRA. Since August 2022, these resources have tracked: - $8.4 billion in total taxpayer claims from the IRA’s energy efficiency home improvement and residential clean energy tax credits. - 334,565 new clean energy jobs across 47 states and Puerto Rico. - 160+ new or expanded utility-scale clean energy manufacturing facilities. - $124 billion invested in private sector solar, wind, storage, clean vehicle, and grid/electrification projects. BCSE's comprehensive roundup includes resources from The White House, U.S. Department of Energy (DOE), U.S. Department of the Treasury, Internal Revenue Service, US Environmental Protection Agency (EPA) as well as American Clean Power Association (ACP), Atlas Public Policy, BloombergNEF, Cipher News, Climate Power, E2, Environmental Defense Fund, Financial Times, MIT - Center for Energy and Environmental Policy Research, NASEO - National Association of State Energy Officials, POLITICO, Rhodium Group, Sabin Center for Climate Change Law, Solar Energy Industries Association, and Utah State University. Dive in at https://lnkd.in/ekuPBkB6.

Office of the NYS Comptroller Thomas P. DiNapoli Releases Economic and Policy Insights New York State’s Clean Energy Fund As part of its efforts to achieve its energy goals, New York State established the Clean Energy Fund (CEF) with financing by ratepayers to promote the development and use of clean energy sources. Between 2016 and 2032, the CEF is approved to collect $7.5 billion. Review of CEF supported programs indicates some have exceeded the goals set out by the New York State Public Service Commission (PSC), while others appear not to be on track to reach their 2025 targets. A strategic framework adopted by the PSC in 2023—intended to refocus CEF programs on more permanent building upgrades or replacement of fossil fueled building heating systems with electric heat pumps—has the potential to assist in winnowing less successful initiatives and moving the State towards achieving the goals of the Climate Leadership and Community Protection Act (CLCPA). Click here to read the report https://lnkd.in/gDhAAe9k

Report Warns of Financial Hurdles in Britain’s Clean Energy Transition #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/gq8Exih6

In this week's #EnergyTransition we look at: ⚡ The government's call for evidence to inform changes to the Capacity Market; ⚡ UK and Scottish governments' agreement to boost clean energy investment; ⚡ Extension to Climate Change Agreement tax incentive scheme; ⚡ Appointment of energy experts to Clean Power Advisory Commission #CapacityMarket #CleanPower #NetZero #EnergyTransition

In this week's #EnergyTransition we look at:   ⚡ The government's call for evidence to inform changes to the Capacity Market; ⚡ The UK and Scottish governments' agreement to boost clean energy investment; ⚡ Extension to the Climate Change Agreement tax incentive scheme; ⚡ Appointment of energy experts to the Clean Power Advisory Commission #CapacityMarket #CleanPower #NetZero #EnergyTransition