Five Stories: BNEF Reports Record Clean Energy Investment in 2015; Coal Industtry Seeing “Dark Days”

Here are five recommended reads for today (1/14/16).

  1. Bloomberg reports: “A group of 18 venture capital investors are pressuring Nevada Governor Brian Sandoval to reverse new fees on solar homes that state utility regulators made effective on Jan. 1. Keeping the charges in place will quickly curtail development of solar energy in the state and threaten future investment, the investors, including John Fisher at Draper Fisher Jurvetson and Nancy Pfund at DBL Partners, said in a letter to David Noble, a commissioner at the Nevada Public Utilities Commission that was shared with the governor and top lawmakers.”
  2. According to Bloomberg New Energy Finance: “Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of $328.9bn, up 4% from 2014’s revised $315.9bn and beating the previous record, set in 2011 by 3%. The latest figures from Bloomberg New Energy Finance show dollar investment globally growing in 2015 to nearly six times its 2004 total and a new record of one third of a trillion dollars (see chart on page 3), despite four influences that might have been expected to restrain it.”
  3. The Guardian reports, “Nevada solar industry collapses after state lets power company raise fees.”
  4. Mother Jones writes that the U.S. coal industry is seeing “dark days,” with “signs that 2016 is shaping up to be one of the worst years coal has had in recent memory.”
  5. Utility Dive reports: “Navigant has kicked off the New Year with a fresh style of reports, focused on delivering top-line examinations of disruptive technologies to the utility industry. And with its first of these reports, the energy research firm delved into the potential for utilities to grow so-called ‘Bring Your Own Thermosta’ programs, which leverage customers’ growing interest in energy management with utility needs to control their peak demand.