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This week In #CleanTech August 13, 2017

Here is your weekly roundup of the unique, hottest stories related to cleantech, and climate policy for the week of August 13, 2017.

The home Disney World this week became the 40th US city in going towards 100% renewable energy. According to EcoWatch.com, Orlando, Florida city commission approved unanimously in supporting a move to all renewables by 2050. It’s now officially the largest city in Florida to pass such a resolution.

The First 50 Coalition, a broad-based group of progressive organizations led by the League of Women’s Voters in Orange County worked hard in making central Florida more sustainable were celebrating the vote.

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Image Credit: Disney World by BBarth via Pixabay. Under Public Domain via Creative Commons

“This is a first, important step, and we plan to continue to support and encourage the City to follow with concrete measures that solidify this commitment,” said League of Women’s Voters co-president Carol Davis to EcoWatch.com.

US cities are ramping up their obligations in going towards 100% renewables by 2050. Already 118 mayors are committed to this goal as cities are looking to meet the Paris Agreement, despite US President Donald Trump announcing earlier this summer the US will leave the accord.

US wind energy capacity increased by 8.2 GW in 2016, according to a new report from the US Department of Energy. Overall capacity advanced by 11% to 81.31GW from 2015 as companies invested $13 USD billion was invested into US wind energy. The wind producer tax credit along with other key policies were key drivers in moving US wind energy markets forward, the US DOE noted. Texas installed the most wind power in 2016 with 2.611 GW and leads the nation in cumulative capacity with over 20GW.

“The wind industry continues to install significant amounts of new capacity, and supplied about 6 percent of total U.S. electricity in 2016,” said US DOE acting assistant secretary for energy efficiency and renewable energy Daniel Simmons on Climate Progress regarding the growth of US wind electricity as its slowly becoming more plentiful on the grid.

Despite the gains, US wind energy is far behind China which leads with 168.69GW. China is going big on renewables including promising to invest $361 USD billion by 2020 into renewables as they look to fulfill their duties with the Paris agreement.

Don’t worry. The US is still way ahead of Canada. Currently, Canadian wind energy has a total capacity of 11.9GW. Ontario leads the way in Canadian wind capacity with 4.78GW, followed by Quebec with 3.5 GW.

With more US cities going committing to 100% Renewable energy by 2050, how should Canadian cities reach this goal, specifically Winnipeg? Drop a line at salayconsulting@gmail.com or follow us on Twitter at @salayservices.

Energy As A Service Market to Reach $221.1 US Billion by 2026: Report

Although a relatively new business model, commercial & industrial (CI) Energy as a Service (EaaS) is expected to dramatically grow within the next decade, based on a new report.

According to cleantech research firm Navigant Research, the CI EaaS market by 2026 will reach $221.1 US billion.

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Image Credit via Pixabay by bykst. Under Public Domain via Creative Commons

Changes in the delivery of energy are the driving factor behind the rise of EaaS companies. In the old days, consumers would (and still do on many levels) get their energy from a central source (your local utility), be charged and billed a monthly rate. Some months your energy bill would be higher (winter and summer months especially) than others.

However, today we are seeing a shift being played out on the energy market stage. Navigant Research notes energy companies and sustainability managers are taking advantage of new business models and digitized technologies, which are helping to decentralize the energy markets.

“Navigant Research anticipates that these evolving grid and customer factors will converge to give rise to demand for vendor-based business model disruptors that can provide turnkey energy as a service solutions (EaaS),” said Navigant’s website.

Eaas has lots of potential in making the customer energy experience as un-limitless as possible. EaaS providers can manage many aspects of a consumer’s energy needs. Examples include energy supply, energy use, asset & program management, and strategy, according to Navigant.

EaaS companies can use innovative services, financial solutions & technological tools to ensure clients are happy with their energy system.

Players within the EaaS ecosystem include standard utilities, third-party vendors, and start-up companies, who are providing disruptive solutions within the technical, financing and procurement within the energy market, according to Navigant Research.

As EaaS establish themselves; energy portfolios will be outsourced to fully equipped companies “with a comprehensive set of technical financing and deployment options.” According to Navigant.

This report is in line with an overall shift in societal attitudes on energy. Concerns over a warming planet due to climate change, falling renewable energy costs, and Millennials wanting more choice in energy options will only help to fuel EaaS platforms heading into the third decade of the new millennium. Add other underlying factors including sharp price drop on lithium-ion batteries needed to make battery storage units, plus 34 billion connected devices within the Internet of Things eco system by 2020 will ensure EaaS companies are going to have very profitable opportunities soon.

As Warren Buffet said, “energy deregulation will be the largest transfer of wealth in history.” EaaS will play a part in this. Shortly, consumers may have options besides a local energy utility thanks to possible EaaS platforms.

What do you think of EaaS? Will they become a serious option for consumers within the energy market over the next decade? What has to happen for EaaS to grow not only in the US but Canada/Manitoba? Feel free to email at salayconsulting@gmail.com, or follow on Twitter at @salayservices.

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