Amazon Backs 26 Green Projects in Drive to Renewable Energy

At-a-Glance

Amazon.com Inc. made an announcement in December to say it was backing 26 new wind and solar utility projects around the globe, a massive investment that the company said made it the largest corporate buyer of renewable energy. The retail and technology company said the utility-scale projects, located in Australia, France, Germany, Italy, South Africa, Sweden, the U.K. and the U.S., would have the capacity to produce 3.4 gigawatts of electricity. To learn more, read “Amazon Backs 26 Green Projects in Drive to Renewable Energy.” Reading this article could require a subscription.

Key Takeaways

  • In 2019, Google was the largest corporate buyer of renewable energy and claimed the previous high water mark that year with a 1.6 gigawatt purchase in a single announcement.
  • “Amazon is helping fight climate change by moving quickly to power our businesses with renewable energy,” Amazon Chief Executive Officer Jeff Bezos said in a statement.
  • Amazon has said it aims to power its operations with renewable energy sources by 2025, five years ahead of an earlier target, and to become carbon neutral 15 years later.
  •  Including the new deals, Amazon has backed 127 wind and solar projects, with 6.5 gigawatts of capacity.

Path to 100% Perspective

Ambitious renewable energy goals make headlines every week, with some organizations competing for the title of energy leader. This form of competition is accelerating the path to decarbonization through strategic investments in emerging technologies and innovative ways to integrate renewable energy into business plans and power systems. As more organizations join forces to find solutions designed to decrease carbon emissions, the marketplace and utility sector are able to more easily visualize a renewable energy future on the horizon.

 

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Q&A Series: Ricardo González Romero Looks at Renewable Energy Opportunities Post-Pandemic

Ricardo González Romero is a General Manager at Anabática Renovables in Santiago, Chile.  He’s a subject matter expert on renewable energy serving in several different roles in the energy sector. He is also a guest professor at three different universities throughout the Latin American region.

Question:  Please describe yourself and your work. 

Ricardo: I am a General Manager at Anabática Renovables in Santiago, Chile, where my background and expertise is in consultancy, management, team restructuring, renewable energy support, along with greenfield wind and solar project development. Anabática Renovables provides financial and investment advisory services, reliable third-party assessment, and independent technical assessment for companies seeking to participate in Latin America´s wind and solar energy market.

My specialties within the renewable energy sector are in valuation of assets; mergers and acquisitions; project evaluation; management project; wind energy analysis; business development; and energy technology assessment. In addition to my current position, I serve as a guest professor at the Universidad Tecnológica Nacional in Argentina; the Universidad de Chile, and the Universidad de Zaragoza in Spain.

Q: With your extensive experience in the region and work with Anabática Renovables, could you please describe the current state of the renewable energy sector in Chile?

Ricardo: Well, we are still growing up. Even though 2020 was a terrible year, our business has experienced interesting growth and next year looks to be going the same. Decarbonization, green hydrogen, investment opportunities, batteries, and more make the position we occupy interesting for all of us who are in it.

Q: Why is investing in renewable energy so important for Chile? And what sectors offer the most promise?

Ricardo: That is difficult to know in the middle of this pandemic! Chile needs to change. It needs more and more green energy to face a greener future and make the national industry more competitive and clean. It means we have to clean up our electrical matrix. We also need to pursue new projects, while the country needs to offer this possibility in a stable market with clear rules.

Q: Why do you consider the need to make a good return on an investment a main barrier or challenge for Chile on its path to clean and affordable energy?

Ricardo: In general, the world does not offer too many opportunities to invest (safely, on a regular basis). In our business, there is still a lot of competition and Chile, due to its economic conception, does not facilitate a return on investment as it happens in many other countries. It is necessary to be extremely cautious with the economic-financial projections, especially with regard to the marginal cost.

Q: Finally, based on your experience and work at Anabática Renovables, how can Chile lead the way towards 100 percent renewable energy? And what progress do you foresee for the region in the coming years?

Ricardo: Working hard. Making good estimations, considering externalities, and paying attention to local communities. We need to think in terms of renewables and batteries.

 

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New Energy Outlook Projects Massive Energy Sector Shift Through 2050

At-a-Glance:

BloombergNEF (BNEF) published its New Energy Outlook 2020 (NEO) in October. The NEO projects the evolution of the global energy system over the next 30 years. This report is widely utilized by planners, strategic thinkers, and investors in developing long-term forecasts and plans. One of the NEO’s most notable projections is that the sharp drop in energy demand from the Covid-19 pandemic will remove about 2.5 years’ worth of energy sector emissions between now and 2050. To learn more, read New Energy Outlook Projects Massive Energy Sector Shift Through 2050.” Reading this article may require a subscription.

Key Takeaways:

Other notables from the report:

  • Electric vehicles (EVs) reach upfront price parity with Internal Combustion Engine (ICE) vehicles before 2025.
  • Gas is the only fossil fuel to grow continuously through the outlook, gaining 0.5% year-on-year to 2050.
  • Coal demand peaked in 2018 and collapses to 18% of primary energy by mid-century, from 26% today.
  • In the NEO Climate Scenario, the clean electricity and hydrogen pathway requires 100,000 terawatt-hours (TWh) of power generation by 2050. This power system is 6-8 times bigger than today’s and generates five times the electricity.
  • Green hydrogen provides just under a quarter of total final energy in 2050 under the Climate Scenario.
  • Reducing emissions well below two degrees under the clean electricity and green hydrogen pathway requires between $78 trillion and $130 trillion of new investment between now and 2050.

Path to 100% Perspective:

The dramatic fall in once-expensive renewable and flexible capacity costs has transformed energy investment over the last decade and the pace of change in accelerating. The cost of offshore wind, for example, has fallen by 63% since 2012. With a renewed focus on future-proofing their business models, utilities have increased renewable energy investments, taking advantage of the certainty that clean energy brings to the balance sheet. In effect, adopting renewable energy, coupled with flexible generation and storage for system balancing, is akin to purchasing unlimited power up-front, as opposed to placing bets on fluctuating oil prices and exposure to narrowing environmental regulation.

 

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CEOs outline 3 trends hitting electricity

At-a-Glance:

Major power companies held earnings calls in recent weeks to share their focus on issues such as expanding renewables and the role of hydrogen under a national push for 100 percent clean electricity. Additionally, CEO’s discussed how the COVID-19 pandemic is threatening to delay solar projects and defer grid maintenance. To learn more, read “CEOs outline 3 trends hitting electricity.” Reading this article may require a subscription.

Key Takeaways:

Here are the issues that major electric companies are focused on as 2020 winds down:

  • One effect of the coronavirus pandemic may impact renewable energy development. NRG Energy Inc. CEO Mauricio Gutierrez said a chunk of the pending purchased power in Texas may be delayed six to eight months because of supply chain and financing issues related to the virus.
  • CenterPoint Energy Inc. CEO David Lesar said the company will work on renewable natural gas and hydrogen renewables in Minnesota plus possible new transmission infrastructure to connect to renewable sources in Texas.
  • CEO John Ketchum of NextEra Energy Resources LLC said hydrogen will come into play if federal policy accelerates a zero-carbon goal by 2035.
  • Vistra Corp CEO Curt Morgan said Vistra has “a portfolio of highly efficient, low-emitting natural gas assets that can provide reliable, dispatchable power and complement the intermittent nature of renewable resources.” He explained a diverse portfolio enables renewable products that can ensure reliability and an affordable price. “Every reputable and objective study on the changing power generation landscape has natural gas playing a significant role for several years to come, especially as we electrify the economy,” Morgan said.

Path to 100% Perspective:

These are exciting times as the renewable energy future is a focus for so many organizations and governments around the world. Emerging technologies are moving closer to reality, which makes ambitious energy goals more realistic and the path to 100 percent renewable energy is now within reach. The big challenge facing power generators around the world is how to integrate renewables into the grid while building security of supply and a sustainable power system with an affordable plan for everyone involved. Renewable carbon neutral fuels such as hydrogen and synthetic methane are being explored as solutions for sustainable and reliable power systems. Curtailed renewable electricity is used in the process with water to produce Hydrogen, and carbon is captured from air to produce synthetic methane with hydrogen. These fuels are used in flexible power plants to provide a long term energy storage for seasonal and weather management needs.

 

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Renewable Electricity Set To Power Past Coal And Gas By 2025

At-a-Glance:

Global economic growth has dropped this year because of COVID-19 and the energy sector has been among the hardest-hit, with oil prices at one point turning negative as demand slumped.

However, one part of the energy industry has defied the downturn – and is set to post record growth this year and next. Cost reductions and sustained policy support are set to drive strong growth in renewable energy. By 2025, renewables will have usurped coal to become the biggest source of electricity generation globally. To learn more, read “Renewable Electricity Set To Power Past Coal and Gas By 2025.” Reading this article may require a subscription.

Key Takeaways:

  • The International Energy Agency (IEA) Renewables 2020 report says that almost 200GW of new clean power capacity will be installed in 2020, almost 90 percent of all new power capacity around the world.
  • Renewable electricity generation will increase by 7 percent globally in 2020, underpinned by the record new capacity additions, the Agency says. This growth comes despite a 5 percent annual drop in global energy demand, the largest since World War II.
  • India’s renewable energy sector is set to double in 2021.
  • Global growth in renewable capacity in the first 10 months of 2020 is already 15 percent higher than the same period last year, despite the pandemic, and growth is set to continue.
  • But while renewables in the power sector are going from strength to strength, the COVID crisis has hit electric vehicles and renewable heat hard

Path to 100% Perspective:

As wind and solar power become increasingly cost-competitive, investments in traditional, inflexible base load plants such as large coal, nuclear, and gas combined-cycle plants are declining. This signals an end to the era of large, centralized power plants that run on fossil fuels.

Global financial trends reflect this dramatic shift, with renewable generation attracting more investment dollars than fossil-powered generation year after year. In 2018, investment in renewable power capacity was about three times higher than the amount invested in new coal- and gas-fired generation combined, according to the global renewable energy organization REN21. Worldwide investment in renewables has exceeded $230 billion for nine years in a row.

 

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Black & Veatch leaving coal projects in the dust

At-a-Glance:

Engineering and construction company Black & Veatch has announced it is ceasing participation in coal-based design and construction projects in an attempt to focus on more renewable energy work. Black & Veatch has been its increasing focus on renewable energy and energy storage projects over the last decade. The transition away from coal-based jobs will allow the firm to more fully focus on sustainable energy projects. To learn more, read “Black & Veatch leaving coal projects in the dust.”

Key Takeaways:

  • In an example of the company’s move to clean energy projects, earlier this year it was selected to work on the Intermountain Power Agency Renewal Project, one of the earliest installations of combustion turbine technology designed to use a high percentage of green hydrogen.
  • Black & Veatch will still carry out projects to convert coal plants to cleaner energy sources, as well as decommissioning existing coal plants. The biggest change is the contractor will no longer extend the life of any coal facility.
  • “Any decision of this nature will have an impact, but our global client base is overwhelmingly pushing toward a zero-carbon future,” Mario Azar, president of Black & Veatch’s power business said. “The fundamental challenge for the industry is whether to look to the future or continue to look to the past.

Path to 100% Perspective:

The influence of governments and organizations moving toward a zero-carbon future continues to expand to companies responding to the growing demand of their customers and investors. As the investment in energy-related innovation grows,  the renewable energy future presents more affordability, flexibility and reliability for organizations striving to accelerate decarbonization efforts.

 

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Renewables alone won’t satisfy California’s clean energy ambitions

At-a-Glance:

Carbon capture and storage (CCS) would provide California with 15 percent of the emissions reductions necessary to meet its goal of a carbon-neutral economy in 2045, and it would save the state $750 million in costs for solar generation and grid-scale batteries, according to a new study. The report was released in October by the non-profit Energy Futures Initiative (EFI) and Stanford University. According to the report, 20 million tons of carbon dioxide emitted by 76 large industrial and power-generating emitters in California, could be extracted and stored underground at a profit. To learn more, read “Renewables alone won’t satisfy California’s clean energy ambitions.”

Key Takeaways:

  • Clean firm power available whenever needed and most likely to come from natural gas, is necessary to smooth out the peaks and valleys that are inherent to wind, solar, and hydroelectric generation, according to EFI.
  • Transportation accounts for 40 percent of California’s greenhouse gas emissions. The need for clean firm power will surge in concert with the growth of electric vehicles as the state moves to phase out gasoline-fueled cars by 2035.
  • Industry in California is a larger source of emissions than the power sector today, and it has few options available to reduce CO2 apart from CCS. Cement production, for example, requires high temperatures, but only 40 percent of its emissions are from combustion; a larger fraction is process related.
  • A federal tax credit known as 45Q offers $22 per ton of CO2 that is captured and used for enhanced oil recovery or other end uses, increasing to $35 in 2026 and adjusted for inflation thereafter. The credit is $34 per ton, increasing to $50, for CO2 that is captured and injected to geologic storage.
  • The research found that ethanol plants, hydrogen producers, and refineries in the state could capture and store CO2 profitably with existing incentives.

Path to 100% Perspective:

The record breaking heat wave that swept across the western part of the country and caused a series of blackouts in the Golden State this summer, offered additional modelling opportunities to demonstrate the most effective mix of energy to accommodate any extreme weather situation and meet clean power mandates. The big challenge facing California and the rest of the world is how to integrate renewables into the grid while building security of supply and a sustainable power system with an affordable plan for everyone involved. The “Optimal Path“ includes using power-to-gas (PtG) along with existing and future renewable energy.

 

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Green hydrogen: The zero-carbon seasonal energy storage solution

At-a-Glance:

Founder and former executive director of the California Energy Storage Alliance (CESA), Janice Lin, explains the process of developing California’s 100% renewable portfolios and modelling California’s clean energy storage needs. During the process, Lin discovered the viability of green hydrogen as the solution to balance the grid. In 2019, she founded the Green Hydrogen Coalition (GHC) to research how hydrogen can offer the large-scale storage capacity and flexible discharge horizons to support a global clean energy future. To learn more, read “Green hydrogen: The zero-carbon seasonal energy storage solution.”

Key Takeaways:

  • CESA deduced that of the commercially available solutions, green hydrogen was the only low-carbon, potentially economically viable option to support seasonal, dispatchable, scalable energy storage for the grid.
  • Hydrogen gas can power the grid via multiple pathways, either through conversion in a fuel cell or by direct combustion in a gas turbine. Many gas turbines are already able to combust a blend of natural gas and hydrogen, and several leading manufacturers are developing new gas turbines that can consume 100% hydrogen gas.
  • By repurposing existing energy infrastructure, green hydrogen has the potential to make the clean energy transition affordable, reliable and scalable.
  • CESA changed their definition of energy storage to include hydrogen storage technologies, including purpose-built storage facilities as well as pipelines.
  • Green hydrogen is the ideal seasonal energy storage medium:
    • Hydrogen is abundant, offers separate power and energy scaling, can be produced from renewable energy and can be stored at scale.
  • Although lithium-ion energy storage is an important part of the toolkit, there is just not enough lithium to support the needs of a sustainable and reliable clean energy future.
  • Only abundant, available hydrogen can offer the large-scale storage capacity and flexible discharge horizons to support a global clean energy future.

Path to 100% Perspective:

Green hydrogen is produced with water, an electrolyzer and electricity generated from renewable energy. Hydrogen offers interesting possibilities for decarbonized power generation. In a power system that incorporates renewables and battery storage, for example, some of the excess renewable energy could be used to produce hydrogen that could be used in a power plant to balance the power system at times when cloudy and calm weather may reduce the output of solar and wind power plants. Hydrogen could be produced when electricity need is low, stored relatively cheaply, and used when needed. This would lower the overall cost of the clean electricity. Incorporating hydrogen in this way would add a long-term energy storage solution to the short-term storage solution provided by batteries.

 

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Green Hydrogen in Natural Gas Pipelines: Decarbonization Solution or Pipe Dream?

At-a-Glance:

Can carbon-free hydrogen augment, or even replace, the fossil natural gas running through pipelines to fuel furnaces, boilers, stoves and other building applications today? Or will the effort get bogged down in challenges related to pipeline safety and upgrade costs, loss of energy density, the long-term cost discrepancies compared to electrifying natural-gas-fired heat and appliances in buildings, or the pressure to direct green hydrogen to hard-to-decarbonize sectors? Natural-gas utilities around the world are seeking real-world answers to these kinds of questions. To learn more, read “Green Hydrogen in Natural Gas Pipelines: Decarbonization Solution or Pipe Dream?”

Key Takeaways:

  • In the U.S., the HyBlend project involving NREL and five other DOE labs intends to examine the long-term effects of hydrogen at different blends on different pipeline materials and create publicly available models for industry use. This kind of research will help determine how much it will cost to upgrade existing pipeline networks to make the shift.
  • “Hydrogen also burns very differently than methane”, said Jussi Heikkinen, the Americas Director of Growth and Development for Wärtsilä Energy and Path to 100% community expert, which is investing in engines that can run on 100 percent hydrogen. “It burns almost as an explosion. It’s a blast, and then it’s done. That’s good for efficient conversion of gas into heat, but it also brings safety and engineering challenges,” he said.
  • Making green hydrogen using carbon-free electricity also costs four to six times more than making hydrogen from fossil fuels. Those costs are expected to fall with advances in electrolysis efficiency, lower costs of renewable energy to power them, and economies of scale from the industrial hubs being built around the world.

Path to 100% Perspective:

When utilities go beyond 25 percent hydrogen in the fuel, in most places in the world, they are no longer able to use the same equipment. Electronics, for example, must be explosion-proof. There should be no sparks because hydrogen ignites with almost any air-to-fuel ratio.

Hydrogen is also about three times less energy-dense than methane. That means that as the ratio of hydrogen rises, the volume of energy being delivered through the same pipelines decreases.

Photo by American Public Power Association on Unsplash

Missing Pieces of Decarbonization Puzzle Realized

Jussi Heikkinen, Director of Growth & Development, Americas
Wärtsilä Energy Business

These are exciting times as the renewable energy future is a focus for so many organizations and governments around the world, as indicated by attendance of the Wärtsilä sponsored webcast hosted by GreenBiz on November 19, 2020, Missing Pieces of Decarbonization Puzzle Realized. Emerging technologies are moving closer to reality, which makes ambitious energy goals more realistic and the path to 100 percent renewable energy is now within reach.

A place where the transition to renewables has progressed quite far already is California. The lessons learned along the way have been plentiful, but powerful nonetheless. The record-breaking heat wave that swept across the western part of the country and caused a series of blackouts in the Golden State, offered additional modelling opportunities to demonstrate the most effective mix of energy to accommodate any extreme weather situation during the transition, and to meet clean power mandates.

The big challenge facing California and the rest of the world is how to integrate renewables into the grid while building security of supply and a sustainable power system with an affordable plan for everyone involved.

That’s why Wärtsilä launched its Path to 100% initiative. We believe a 100% renewable energy future is possible, practical and financially viable so we assembled a community of experts to produce solutions based on science and engineering. This fall, we published a white paper that describes the Optimal Path to decarbonization for California using new hourly load data provided by this summer’s extreme heatwave.

In the whitepaper, Path to 100% Renewables for California, we modelled an approach for  California to reach its climate and clean power goals faster, at a lower cost to ratepayers, all while maintaining system reliability.

The “Optimal Path“ includes renewable carbon neutral fuels – hydrogen and synthetic methane. Curtailed renewable electricity is used in the process with water to produce hydrogen, and carbon is captured from air to produce synthetic methane with hydrogen. These fuels are used in power plants to provide a long term energy storage for seasonal and weather management needs. In the Optimal Path scenario, Renewable Portfolio Standard (RPS) commitments would actually be reached by 2040, five years ahead of schedule.

Generation costs in the “Optimal Path” scenarios are between 50 and 54 dollars per megawatt hour in 2045, while these costs would be almost 3 times higher if California opted to use only solar, wind and storage to build the power system. This cost difference is excessive and not beneficial for industries or households to pay. Additionally, carbon emissions are at net zero in 2045 in both scenarios.

How can California get on the Optimal Path to a renewable energy future? One recommendation is to recognize carbon neutral fuels – as presented above – to be counted as renewable for RPS purposes. This would enable the utilities to start looking for ways to invest and use such fuels to the benefit of California.

Another state aggressively pursuing renewable energy goals is Texas. Co-presenter and Electric Reliability Council of Texas (ERCOT) Principal of Market Design and Development, Kenneth Ragsdale shared the Lone Star State’s progress on integrating renewables into the power system.

Climate Imperative’s Executive Director, Bruce Nilles offered a big picture perspective on electricity generation capacity and the commitments needed to accelerate decarbonization.

To watch the recorded presentations from Wärtsilä, ERCOT as well as Climate Imperative and download presentation materials, register today for the Missing Pieces of Decarbonization Puzzle Realized webcast.

Q&A Series: Joseph Kopser Offers His Strategic View to Energy Innovations

Kopser is a technology entrepreneur and expert in transportation, smart cities, urban mobility, energy, national security issues as well as an Army combat veteran.

 

Question: Could you please describe you and your work?

Joseph: I am a serial entrepreneur and expert in energy and national security issues. Currently, I serve as an Executive-in-Residence at the McCombs School of Business at the University of Texas. In addition, I am President of Grayline after co-founding and serving as CEO of RideScout before it was acquired by Mercedes. I served in the U.S. Army for 20 years earning the Combat Action Badge, Army Ranger Tab and Bronze Star. I am a graduate of West Point with a BS in Aerospace Engineering and also received a Masters from the Harvard Kennedy School. In 2013, I was recognized as a White House Champion of Change for my efforts in Energy and Transportation. In 2014, RideScout won the U.S. DOT Data Innovation Award and I co-authored the book, Catalyst. I am the Chairman of the Board of Advisors for the CleanTX Foundation, an economic development and professional association for cleantech.

Q: What made you want to join the Path to 100%? 

Joseph: I want to partner with any and all parties that are moving towards a more sustainable energy economy. Some might find it ironic that I was born in a coal state (Kentucky), moved to an oil and gas state (Texas) and now I advocate for a cleaner energy economy. For me, it’s about the triple bottom line– people, profits, and the planet. And the good news is that with an appropriate balance between public and private sector policy goals, we can achieve success for all three elements of the triple bottom line. I see the Path to 100% as just one of the many ways to get there.

Q: Describe your passion for renewable energy and how you have put that to work in the United States.

Joseph: My interest in renewable energy started during my time serving in the military, where I was able to see first hand ways that our lack of a clear energy security policy was threatening our national security. I participated in missions in Iraq that were little more than delivering diesel fuel out to remote military sites with out of date and inefficient generators and motors that were guzzling the fuel. Every time a Soldier went on the road for a delivery, they were at risk from the enemy. It didn’t make sense for the greatest nation in the world (that put a man on the moon in the 1960s) to still be using generators that were made before the Soldiers were even born.

Since that time, I’ve become a clean energy warrior in and out of uniform. My first company, RideScout, set out to reduce our carbon footprint by making transportation more energy efficient. I was co-founder of the DefenseEnergy.com Summit and the National Security Technology Accelerator where both entities were in search of clean energy technologies to benefit the warfight at all aspects of energy production, storage and distribution.

Finally, I chair the board of advisors for CleanTX.org. CleanTX is a clean energy consortium dedicated to accelerate and promote the growth of renewable energy.

Q: How would you like to see your work implemented on a global scale? 

Joseph: First, the US has to be a leader. In the short term, some may perceive it as a cost, but we have to measure the fully burdened costs of our decisions long term. We have to be more willing to take risks, experiment with pilot projects and most importantly learn from our failures of what does and does not work. Finally, we have to align incentives and remind people that you always get what you pay for. Currently, the costs are disproportionately spread across everyone in the economy as opposed to certain producers or consumers that are actually generating the negative externalities. Being serious about some kind of carbon pricing will allow the marketplace to better align to a set of goals that work for people, profits and the planet

Q: What do you believe are the greatest areas of opportunity for your the U.S.’s renewable energy sector?

Joseph: Creating jobs for the 21st century energy economy. Lots of them. Bringing renewable jobs closer to home would allow us to decrease our dependence on foreign fossil fuels. All too often, people fight change when they see it as a threat. It is understandable that people seek economic security for their family and their kids long-term. Therefore, I see the greatest opportunity to bring people along better by demonstrating (not just talking about) how they benefit from clean water, fresher air, and most importantly, higher paying jobs.

Q: Now, what do you see as the primary barriers or challenges the U.S. faces on its path to clean, affordable energy?

Joseph: Fear of losing your job or your livelihood. The way I see it, innovation in the private sector is not enough to successfully reinvent the American energy economy. Partnership with the government that creates the conditions for innovation is essential, both from a funding and regulatory perspective.

The social, economic, and political environment in which we all operate is changing faster than ever, and the pace of change is accelerating. Robotics, autonomous vehicles, smart cities, renewables, 3D printing, and other emerging technologies are colliding with socioeconomic forces such as urbanization, wealth concentration, aging populations, and widespread workforce displacement. At the same time, socio-economic segregation is on the rise in the U.S. and our educational system needs serious changes to meet the challenges of the 21st Century.

You cannot talk about a path to cleaner, more affordable energy without balancing all aspects of change in society that weigh a family down at the kitchen table. All too often, advocates in our industry are only looking at the issue from an environmental standpoint. I recommend they stand back and take a more holistic view.

Q: Finally, how can the U.S. lead in the path to 100 percent renewables? And what progress do you envision for the region over the next few years?

Joseph: We wrote a Constitution that despite its shortcomings has stood the time of time. We overcame the existential threat of the Civil War. We came together to pull ourselves out of the Great Depression. We won World War II and created the first middle class in human history. Thanks to American innovation, rule of law and protection of intellectual property, we have created the conditions with our economy to lift more people out of poverty world-wide than any other invention in human history.

I am confident that if we take all of our best collective talents, and point it in the right direction, there is nothing we cannot accomplish. In building a cleaner energy economy, we will create jobs, educate more people world-wide and leave a much better world for our kids tomorrow.

Photo: Mitchell Kmetz on Unsplash

Q&A Series: Claudio Huepe Minoletti Shares Long-term Vision for Sustainable Development in Chile

Claudio Huepe Minoletti is an economist with more than twenty years of experience in both the public and private sectors committed to economic analysis, public policies and regulation, mainly in natural resources, energy, water infrastructure and sustainable development.

 

Please describe yourself and your work. 

Claudio: I am an economist, working on sustainable development and energy. I work part time at Universidad Diego Portales, where I teach, research, and liaise with the public and private sector on public policy issues.  The rest of my time, I work as an independent consultant, mostly for private companies.

During my career, I have focused mostly on the analysis and development of public policies and the impacts of projects and programs, using economic analysis (including quantitative and prospective methodologies) integrated with social, legal and political perspectives to develop useful products. I have also coordinated and managed research and dissemination projects.

I was a founding partner and director of a consulting company for over 10 years and later worked at the National Energy Commission and the Ministry of Energy, where I oversaw the creation of departments dedicated to long term studies and established links and joint projects with international organizations, such as the United Nations Secretariat, the International Energy Agency and the European Commission. I was also an advisor for the first United Nations Global Sustainability Report and am on the board of the Chilean Council for Strategic Foresight.

What made you want to join the Path to 100%?

Claudio: I believe exchanging ideas and experiences on long-term visions for the energy sector is crucial for sustainable development, as energy is one of its most significant elements and where renewables are the core.

Describe your passion for renewable energy and how you have put that to work in Chile.  

Claudio: Renewable energy is an opportunity not only for a greener planet but also for solid long-term economic growth with possibilities at various scales and for multiple uses.  There is a large potential and creativity must be put to work to untap it. While working at the Ministry of Energy on long-term policies we promoted not only the role of renewables in the energy mix in the medium to short term, but also the role that renewables (in all sorts of uses, from electricity to fuels) can have in a development, which is at the same time a strong driver of economic growth, of environmental protection (locally and globally), and socially acceptable and beneficial activities.

How would you like to see your work implemented on a global scale? 

Claudio: I would like to see more efforts on making the energy sector a strong driver of economic growth, where all countries participate and not only as neutral technology users, but as users and developers that seek to maximize the impact, especially for local development.

What do you believe are the greatest areas of opportunity for Chile’s renewable energy sector?

Claudio: In the short-term, the large-scale electric renewable sector is quite well developed, but I see an extraordinarily strong opportunity for small-scale, decentralized development of electric renewables, as well as local production. In the longer-term, there is great potential in green hydrogen, which can be relevant in all sorts of uses, such as transportation, storage, gradually replacing natural gas, and other uses. In the future, there are also opportunities for other forms of renewable energy.

Now, what do you see as the primary barriers or challenges Chile faces on its path to clean, affordable energy? 

Claudio: Up until now, the effort has been on affordable and secure energy provision, which has worked quite well in terms of the spread of renewables. Turning renewables into a source of economic growth would be the next step, but this requires a more active role of the public sector and greater public investment, which Chile has avoided until now.  

Finally, how can Chile lead in the path to 100 percent renewables? And what progress do you envision for the region over the next few years? 

Claudio: Chile is already quite advanced in terms of renewable penetration and its strategy already considers a major role for renewables — with 70 percent in the electric sector. Yet, working toward 100 percent renewables means a very relevant change in focus. On the one hand, it requires not only looking at the electric sector, but beyond. It is in this area where Chile could strengthen its leadership in renewables. Furthermore, it must seek ways to have a more renewable electric sector by reducing the role of gas, primarily because coal is already in the process of being phased out.

 

 

Photo: Olga Stalska on Unsplash