Tag: Renewable Energy

1
The Blockchain Energizer – Volume 36
2
The Blockchain Energizer – Volume 35
3
The Blockchain Energizer – Volume 32
4
Powering America: The Role of Energy Storage in the Nation’s Electricity System
5
Blockchain Energizer – Volume 31
6
K&L Gates Blockchain Energizer – Volume 30
7
Loose Lips Sink Ships: Public Statements and the Contractual Rights to Renewable Energy Credits in Solar Power Purchase Agreements
8
K&L Gates Blockchain Energizer – Volume 29
9
K&L Gates Blockchain Energizer – Volume 28
10
Congressional Committee Charges Up for EV Hearing

The Blockchain Energizer – Volume 36

By Buck B. Endemann, Benjamin L. Tejblum, and Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer newsletter, please click here.

Come out and say hello to Blockchain Energizer co-author Buck Endemann as he presents on blockchain and renewable fuel standard, RINs, and biodiesel issues at the Oil Price Information Service (OPIS) conference in Chicago on October 1–3, 2018!

IN THIS ISSUE

  • EDF Energy, UK Power Reserve, and Electron Complete the First Blockchain-based Capacity Market Trade in the United Kingdom.
  • Grant County PUD Raises Rates on Cryptocurrency Miners; Chelan County PUD Considers Doing the Same.
  • Accenture and SAP Collaborate to Design a Cloud-based Blockchain Solution for Upstream Oil and Gas Operations.

To view more information on theses topics in Volume 36 of the Blockchain Energizer, click here.

The Blockchain Energizer – Volume 35

By Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer, please click here.

Come out and say hello to Blockchain Energizer co-author Buck Endemann as he presents on blockchain and renewable fuel standard, RINs, and biodiesel issues at the Oil Price Information Service (OPIS) conference in Chicago on October 1–3, 2018!

IN THIS ISSUE

  • Clean Energy Blockchain Network to Provide an Automated Clean Energy Certification Service and EV Charging Station that Powers Low-Income Households.
  • Share&Charge Foundation Plans to Create an EV Charging Stations Network Using the Energy Web Foundation’s Blockchain Platform.
  • ENGIE and Maltem Establish “Blockchain Studio” to Provide Software to Facilitate Commercial Adoption of Blockchain-based Applications.

To view more information on theses topics in Volume 35 of the Blockchain Energizer, click here.

The Blockchain Energizer – Volume 32

By: Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen    

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space.

IN THIS ISSUE

  • The Arizona Corporation Commission Opens the First Blockchain-focused Utility Regulatory Docket.
  • Energy Web Foundation and LO3 Energy Partner to Standardize Data on Tobalaba.

To view more information on theses topics in Volume 32 of the Blockchain Energizer, click here.

Powering America: The Role of Energy Storage in the Nation’s Electricity System

By Kathleen Nicholas and Tim Peckinpaugh

Today, the House Energy and Commerce Committee convened its eleventh hearing in its “Powering America” series.  The series goal is to examine all aspects of the U.S. electricity sector, and today the focus was on energy storage.  Members on both sides of the political divide agreed utilization of battery and other storage systems presents an opportunity to better optimize the country’s electricity system, and help bolster vulnerable places like Puerto Rico and rural areas.

The witnesses today were:

  • Dr. Keith E. Casey, Vice President, Market and Infrastructure Development, California ISO (Opening Statement)
  • Mr. Mark Frigo, Vice President and Head of Energy Storage, E.ON North America (Opening Statement)
  • Mr. Kiran Kumaraswamy, Market Applications Director, Fluence (Opening Statement)
  • Dr. Zachary Kuznar, Director, CHP Microgrid and Energy Storage Development, Duke Energy Corporation (Opening Statement)
  • Mr. Kushal Patel, Partner, Energy and Environmental Economics, Incorporated (Opening Statement)

A variety of topics were broached during the hearing, including ways the federal government can be helpful to the storage industry and how large-scale storage can be applied to the grid in ways that increase resiliency and reliability, and are beneficial to ratepayers.

You can view an archived video of the webcast here.

Blockchain Energizer – Volume 31

By: Buck B. Endemann, Benjamin L. Tejblum, Daniel S. Cohen    

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space.

IN THIS ISSUE

  • New Era Energy is Preparing to Launch a Blockchain-based Carbon Credit Market Pilot Program
  • WePower Unveils “Alpha” Version of its Clean Energy Financing and Trading Platform.

To view more information on theses topics in Volume 31 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 30

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs. To subscribe to the Blockchain Energizer newsletter, please click here.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space.

IN THIS ISSUE

  • Walmart Patent Application Envisions Blockchain-based Demand Response, Internet-of-Things Ecosystem.
  • Clean Energy Blockchain Network Partners with Silicon Valley Power to Advance California Low Carbon Fuel Standard Goals.
  • Hydro-Québec Temporarily Halting Service Requests from Cryptocurrency Miners.

To view more information on theses topics in Volume 30 of the Blockchain Energizer, click here.

Loose Lips Sink Ships: Public Statements and the Contractual Rights to Renewable Energy Credits in Solar Power Purchase Agreements

By William H. Holmes and Kristen A. Berry

This post is one of a series of “practice tip” articles about renewable energy power purchase agreements.

There is a well-known Chinese proverb: “All problems derive from your big mouth.” These are words of wisdom for parties who are negotiating renewable energy PPAs.

In due diligence, we regularly come across on-site solar power purchase agreements (PPAs) that state that the seller is reserving all environmental attributes and selling only the project’s electricity to the buyer. This type of reservation is common in states like Maryland and Massachusetts, where environmental attributes may have a fairly high market value and may be monetized by the seller to make the project more marketable by effectively reducing the delivered price of electricity.  However, despite this environmental attribute reservation, these PPAs too often go on to say, quite expressly, that the buyer has the right to announce that it is using “solar energy” or “renewable energy” produced by the project.  This seemingly innocuous provision, intended to enable the buyer to brag about its renewable energy purchase, can create problems in PPAs where the seller also reserves environmental attributes.

Read More

K&L Gates Blockchain Energizer – Volume 29

By Buck Endemann, Ben Tejblum, and Daniel Cohen

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 alone, and many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.

While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer newsletter, please click here.

On June 7, your Blockchain Energizer author Buck Endemann participated on a “Leveraging Blockchain for Sustainable Energy” panel hosted by Women in Cleantech & Sustainability at Palo Alto City Hall. Co-panelists Lydia Krefta (Pacific Gas & Electric), Cassie Bowie (Energy Impact Partners), Lena Perkins (CPAU), Yvette Solorzano (Omega Grid) and Sara Prochasson (Enedis) discussed how Blockchain technology, paired with the right regulatory environment, could unlock value for utilities and end users and advance renewable energy goals around the world.

IN THIS ISSUE

  • Chelan County Public Utility District Extends Moratorium on New Electricity Requests from Cryptocurrency Miners.
  • Narada Asia Pacific Pte Ltd. Partners with Electrify to Track Distributed Electricity Production through Blockchain.
  • Catalonia Experimenting with Blockchain to Incentivize Localized Smart Metering.

To view more information on theses topics in Volume 29 of the Blockchain Energizer, click here.

K&L Gates Blockchain Energizer – Volume 28

By Buck Endemann, Ben Tejblum, and Daniel Cohen

Your Blockchain Energizer authors Buck Endemann and Ben Tejblum presented at EUCI’s “Blockchain Technology for the Energy Sector” conference on May 8-9 in Houston, Texas. The crowd included existing market participants (utilities, retail suppliers, and regulators) along with new participants looking to leverage blockchain technology to facilitate energy transactions and improve utility operations. During our time in Houston, we found that blockchain discussions are a great way to spur broader conversation on innovation and industry sector change. Recurring themes included how utilities could be incentivized to adopt new technologies (through performance-based regulation or other constructs) while ensuring that they continue to meet their obligation to provide reliable service to all customers. The impact of new and innovative business models on low-income households, under-represented communities, and the unknown impacts on data privacy were important topics, as well.

Looking ahead, several panelists proposed that Europe is the “canary in the coal mine” due to the proliferation of distributed energy technologies and strong commitments to renewable energy. Perhaps not coincidentally, that is where the most energy-related blockchain use cases have taken root, usually with the support of business, regulators, and other state actors. K&L Gates attorneys will continue to monitor these developments and keep you abreast, right here in the Blockchain Energizer.

Finally, we are pleased to partner again with EUCI on our “Blockchain Technology Fundamentals: Energy Industry Applications” webinar, to take place on June 5, 2018. Click the link to register!

IN THIS ISSUE

  • Centrica and LO3 Partner to Minimize Renewable Energy Curtailment.
  • PG&E has proposed a Demonstration Project Using Smart Contracts to Generate Low Carbon Fuel Standard Credits.
  • The United Nations and Sun Exchange Team up with ElectriCChain to Use Blockchain and Cryptocurrency to Provide Solar Power in Moldova.

To view more information on theses topics in Volume 28 of the Blockchain Energizer, click here.

Congressional Committee Charges Up for EV Hearing

By Scott Aliferis

Congress will continue its review and oversight of automotive and energy issues this week. On Tuesday, May 8, the House Energy and Commerce Subcommittee on Environment will hold a hearing entitled “Sharing the Road: Policy Implications of Electric and Conventional Vehicles in the Years Ahead”.

The Subcommittee, chaired by Congressman John Shimkus (R-Illinois), has invited a diverse set of witnesses to provide testimony on the wide range of issues, opportunities and challenges facing consumers, automakers, utilities and other stakeholders.

According to a subcommittee memo, the following issues may be examined at the hearing:

  • The reasons for the current growth in EVs and expected future trends in electrification.
  • The policy implications of increasing EV market penetration.
  • The impact of EVs on fueling infrastructure and on the nation’s electrical grid.
  • The response of liquid fuel providers and automakers to changing market trends.
  • The consumer impacts of changing trends in transportation fuels and vehicles.

Another likely topic is the federal tax credit of up to $7,500 on the purchase of a plug-in electric vehicle, depending upon the size of the vehicle and its battery capacity. During last year’s Congressional debate on tax reform, the credit was preserved despite opposition from some House Republicans. However, the incentive begins to phase out after each manufacturer sells 200,000 electric vehicles. Many automakers may hit the limit this year. A group of 36 utilities cosigned a letter in March urging Congress to modify the credit and eliminate the cap. Pacific Gas & Electric was a signatory and its CEO is one of the witnesses for tomorrow’s hearing.

Other witnesses will offer important perspectives and data on the current marketplace and outlook for EV adoption. Additionally, there will be debate surrounding the existing policy and regulatory structures at the state and federal levels and what changes or modifications should be considered.

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