Weekend Reads: Rate Cut Boosts Clean Energy; Hydropower's Missing Links - Smart Energy Decisions

September 21, 2024

Weekend Reads: Rate Cut Boosts Clean Energy; Hydropower's Missing Links

It's the weekend! Kick back and catch up with these must-read articles from around the web:

Clean energy a ‘big winner’ as Fed cuts interest rates more than expected (Utility Dive)  The Federal Reserve’s Wednesday announcement of an interest rate cut of 0.5%, or fifty basis points, will provide a boost to the developers and sponsors of renewable energy projects, analysts say.

Supply Chain Report Tackles Hydropower’s Missing Links (NREL)  In order for hydropower to continue contributing to the nation’s clean energy goals, a strong domestic supply chain must be put in place to enable new construction, plant upgrades, and refurbishments to aging systems. 

WEBINAR: Unlocking Chiller Plant Efficiency Gains with Digital Twin Technology (Siemens)  Is an underperforming central chilled water system costing you money? Your central plant cooling system can account for more than 50% of your facility's electricity use, so its performance has a significant impact on your bottom line. Unfortunately, many chilled water systems operate far below peak efficiency, often due to flawed system design, deferred maintenance, and inefficient operations. Join this informational webinar with Siemens experts — including real-life case studies — to learn how to address these challenges head-on by optimizing system performance without large capital investments. REGISTER HERE

How China and a tariffs row cast a shadow over booming US solar power (The Guardian)  The Biden administration touts solar energy as one of its big success stories, a booming new industry that is curbing the effects of the climate crisis and creating high-paying jobs across the country. But the more complicated truth is that the United States is mired in a long-running trade war with China, which is flooding the market with artificially cheap solar panels that carry an uncomfortably large carbon footprint and threaten to obliterate the domestic industry.

Here are 5 lessons on how to prioritise clean air in businesses (World Economic Forum)  The WEF shares five ways businesses can prioritize clean air practices in their day-to-day working.

Biden Team Sprinting To Disburse Climate Solutions & Infrastructure Funding Before Election (CleanTechnica)  Overall, Biden’s and the Democrats’ policies have spurred an unprecedented resurgence in manufacturing jobs in the country, a great economic boom, and the greatest climate investments the U.S. has ever made. However, there’s still a lot of funding from the Inflation Reduction Act and Bipartisan Infrastructure Law that has not yet been disbursed.


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