My Turn: New Hampshire must act to protect renewable energy
Published: 3/1/2021 6:00:07 AM
The N.H. House Science, Technology and Energy Committee will be voting on a measure to reduce New Hampshire’s Renewable Portfolio Standard (RPS) goals with House Bill 213 (HB 213). If passed, this bill would be a major hit for renewable energy in our state because it would ultimately hurt solar rebate programs.
A little policy background: The New Hampshire RPS states that electricity suppliers obtain a certain percentage of electricity from renewable sources, which are referred to as renewable energy certificates (RECs). These RECs can come from anyone who produces renewable energy, such as home or business owners with solar panels. Electricity suppliers that cannot obtain sufficient energy from these RECs, pay alternative compliance payments (ACPs) to the Public Utility Commission. This money funds the Renewable Energy Fund and ultimately pays for various rebate and grant programs.
PUTRAJAYA: The government, through the Sustainable Energy Development Authority (Seda), will open applications for feed-in tariff (FiT) quotas totalling 188 megawatts for biogas, mini hydro and biomass resources in Peninsular Malaysia in June.
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PUTRAJAYA: The government, through the Sustainable Energy Development Authority (SEDA) Malaysia, will open applications for feed-in tariff (FiT) quotas totalling 188 megawatts (MW) for biogas, mini hydro and biomass resources in Peninsular Malaysia in June.
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LONDON (Reuters) - Macquarie, the world’s largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second global renewables fund, driven by strong demand from institutional investors in Britain and Germany.
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Countries and companies are seeking to increase their usage of renewable energy to lower carbon emissions and fight climate change. At the same time, record low interest rates have crimped fixed income returns and boosted the allure of alternative assets.
Macquarie Infrastructure and Real Assets (MIRA), manager of the fund, said it had drawn investment from 32 institutions, including pension schemes, insurers and sovereign wealth funds, helping it exceed a minimum target of 1 billion euros.