This research report examines the causes and consequences of the widespread Texas “Big Freeze” power outages, finding that ERCOT’s market design failed to prepare the state for such a crisis and to acceptably manage the crisis, and identifying lessons learned for policymakers in Texas and elsewhere to prevent future crises.
This analysis of U.S. coal plants found 72 percent of existing U.S. coal capacity and 80 percent of existing U.S. coal plants are either more costly to continue operating compared to building new nearby wind or solar plants or are slated to retire in the next four years. The report provides policy recommendations to accelerate the transition to a cleaner, cheaper grid and is accompanied by a dynamic visual interactive.
This report highlights the consensus among recent studies that a national clean electricity standard of 80 percent by 2030 would stimulate economic growth, create hundreds of thousands of new jobs, protect public health, and promote environmental justice, without compromising electricity reliability and affordability.
Electrifying every new car and truck sold in the U.S. by 2035 would save consumers $2.7 trillion and create more than 2 million jobs by 2035, but these benefits will only be realized with greater policy ambition including strong national fuel economy and tailpipe emissions standards for all vehicle classes.
New research shows not only is it technologically feasible to electrify every new car and truck sold in the U.S. by 2035, it would also save consumers $2.7 trillion and support more than 2 million jobs, but these benefits will not be realized without smart policy.
This issue brief compares new securitization legislation in Colorado, Montana, and New Mexico to refinance utility investments in early-retired electric generation plants.
This research brief outlines pathways to reaching 100% zero carbon power in the U.S. by 2035 without increasing customer costs.
Plummeting costs, as well as policy and technology developments, are making U.S. offshore wind a critical renewable energy resource. This research memo summarizes current and expected offshore wind developments and cost trends and recommends seven policies to help federal and state policymakers maximize its potential of offshore wind to achieve clean energygoals while strengthening the economy.
This first-of-its-kind report shows how a Southeast U.S. RTO/competitive wholesale electricity market would generate $384 billion in economic savings, create 285,000 clean energy jobs, and reduce electricity sector emissions 37 percent by 2040.
Policymakers and utility executives must rapidly focus on how to finance the transition away from uneconomic generation assets while creating earning potential for utility shareholders. This issue brief explores an emerging model for refinancing the 22.5 GW of existing coal plants that will be uneconomic compared to building new local solar in 2025, as of 2018.