Vermont launches business accelerator focused on energy
While states across the country are focusing more on clean energy and climate change, SSTI is happy to share an opportunity from one of our members. The Vermont Sustainable Jobs Fund, a Vermont based entrepreneurial support organization, announced the launch of the Delta Clime VT Energy 2020 business accelerator.
States take the lead on climate change
When Gov. Janet Mills addressed the United Nations General Assembly on Sept. 23, it was the first time a sitting governor of Maine has been asked to address the body. She had been invited as part of her participation in the UN Climate Action Summit 2019, and has made tackling climate change and embracing renewable energy key priorities of her administration. She is not the only governor stepping into the role where the federal government has backed out.
Wind power gains ground in 2018, but faces challenges at federal level
A trio of reports from the U.S. Department of Energy showed a continued upward trend in wind energy capacity and employment in 2018, as the cost per megawatt (MW) continued to drop due to larger and more efficient turbines. However, the possible elimination of federal tax incentives could slow the long-term growth of wind power, the report cautioned.
MA authorizes more than $1 billion in new economic development activities
The Massachusetts legislature ended its 2018 session with a slate of bills related to tech-based economic development. Legislation for general economic development, life sciences industry, and green communities created new authorizations and provided for more than $1 billion in bond funding authority, with a substantial portion allocation to innovation-related activities. From broadband access to SBIR support to workforce development, the bills created a host of new opportunities for TBED in the Bay State.
Providence a city to watch in clean energy
A new scorecard from the nonprofit American Council for an Energy-Efficient Economy (ACEEE) reveals that while U.S. cities are ramping up their clean energy efforts, most cities with climate goals are either not on track to achieve them or are not yet tracking progress. The 2019 City Clean Energy Scorecard ranks 75 cities on more than 50 metrics and this year for the first time, includes policy efforts to advance renewable energy in addition to energy efficiency.
Carbon tech could spur WY job creation
The carbon tech industry in Wyoming could support an average of 2,600 jobs annually over the next 17 years, according to a new report by the American Jobs Project — a U.C. Berkeley-based nonpartisan think tank. Developed in partnership with the University of Wyoming, American Jobs Project researchers contend that the projected job growth could occur if the state government and private industry invested in growing this industry cluster.
The carbon tech industry in Wyoming could support an average of 2,600 jobs annually over the next 17 years, according to a new report by the American Jobs Project — a U.C. Berkeley-based nonpartisan think tank. Developed in partnership with the University of Wyoming, American Jobs Project researchers contend that the projected job growth could occur if the state government and private industry invested in growing this industry cluster. Carbon tech companies use coal, an abundant resource in Wyoming, to make graphene, carbon fiber and other products. In addition to job creation within the carbon tech industry, the authors cite job growth potential in downstream industries, primarily wind and transmission line developers.
Profiting from pollution
Companies already repurpose trash into marketable products, but can the same concept work with air pollution? The National Academies of Science provides a detailed answer to this question in a committee report outlining the necessary research and innovation investments to foster the commercial exploitation of carbon dioxide and methane gas emissions generated by our current industrial economy.
Report identifies novel approaches to supporting energy hardware innovation
Emerging over the past five years, novel approaches to supporting early-stage cleantech development have the potential to ease the transition from invention to marketplace, according to new research from the National Renewable Energy Laboratory’s (NREL) Innovation & Entrepreneurship Center for the Joint Institute for Strategic Energy Analysis. The report provides a comparison of some of the nation’s most notable cleantech incubators and accelerators, finding that each organization fills a unique niche and competition among them is not an issue.
Clean energy jobs will require workforce transition
Earth Day has evolved from environmental consciousness raising in its beginnings in the early 1970s to this year’s celebration surrounded with climate change concerns and development of the clean energy industry. A recent report from the Brookings Institution shows more discussion needs to happen around the types of workers, activities and skills that will be needed in the clean energy industry, and how those efforts can be more inclusive.
Earth Day has evolved from environmental consciousness raising in its beginnings in the early 1970s to this year’s celebration surrounded with climate change concerns and development of the clean energy industry.. A recent report from the Brookings Institution shows more discussion needs to happen around the types of workers, activities and skills that will be needed in the clean energy industry, and how those efforts can be more inclusive. Transitioning to a clean energy economy will involve 320 unique occupations spread across clean energy production, energy efficiency and environmental management, the authors found. The report highlights the fact that those workers earn higher and more equitable wages compared to all workers nationally, and many of those occupations tend to have lower educational requirements.
Planning underway to increase energy technology development in rural areas
The U.S. Department of Energy and the U.S. Department of Agriculture have announced an agreement between them to promote rural energy and the development of technologies “that will support and advance rural and agricultural communities and domestic manufacturing.” The Memorandum of Understanding (MOU), which was required under the 2018 Farm Bill, is expected to increase the economic development of rural areas through new energy technologies and investments.
New England Training Entrepreneurs to Capitalize on Clean Energy Sector
This summer, 12 former CEOs with substantial experience in raising venture capital and no particular ties to clean energy will participate in an extensive curriculum-based fellowship program designed to rapidly transition them into a leadership role, in order to help grow the cleantech cluster in the New England region.
Pennsylvania Commits $650M for Alternative Energy Package
This afternoon, Pennsylvania Gov. Edward Rendell signed a $650 million package of tax incentives, loans and grants to spur the development and use of clean energy technologies within the state. The governor believes that the bill will help the state leverage as much as $3.5 billion in private investment and help the state build a stronger clean energy industry. Highlights from the Alternative Energy Investment Act include:
Michigan Enacts $45M Centers of Energy Excellence Program
Gov. Jennifer Granholm today signed legislation creating Centers of Energy Excellence, a program designed to bring companies, academic institutions, and the state together to create jobs in alternative and advanced energy. The initiative, passed with overwhelming bipartisan support, is part of an overall job creation and economic stimulus package proposed by the governor in her State of the State address earlier this year (see the Jan.
Energy RoundUp : States, Governors and Feds Turn Attention to Need for Clean Energy
National Governors Association
U.S. Completes $531M Contribution to Large Hadron Collider Project
The U.S. Department of Energy and the National Science Foundation recently announced that the U.S. had completed its contribution to the international Large Hadron Collider (LHC) Project on budget and ahead of schedule. By the end of the year, the LHC at the European Organization for Nuclear Research (CERN) laboratory near Geneva will generate its first particle collisions and research output. Total U.S. contribution to the project is about $531 million of the $5.89 billion cost of the project. Although the U.S.
Fuel Efficiency, Alternative Fuels Are a Top Concern for Americans, Survey Shows
When given a list of seven technology categories to possibly target and invest money and resources over the next 10 years, 37 percent of U.S. respondents selected “fuel efficiency and alternative fuels” as their leading choice, according to a national survey commissioned by the Fairfax County Economic Development Authority (FCEDA) in Virginia. The remaining choices provided by the survey, which was conducted in March 2008, were as follows (ranked by overall popularity):
- Medical – 30 percent;
DOE Maps Plan for 20 Percent Wind Energy by 2030
Unprecedented investment in alternative energy technologies and growing awareness about the need for clean and renewable energy production have driven many states to initiate strategies to promote alternative forms of power generation, such as solar, hydroelectric, geothermal and wind power. Most current government strategies, however, fall short of what will be needed to build a truly reliable, affordable and clean energy portfolio in the U.S., according to a new study from the U.S. Department of Energy (DOE).
$300B Farm Bill Includes Boost in Funding for Biofuel and Agricultural Research
Last week, Congress approved the $300 billion "farm bill" with large bipartisan majorities in both the House and Senate (318-to-106 and 81-to-15, respectively). The wide margins belie that fact that the bill remains somewhat controversial outside of Congress for its lack of reform of farm and crop subsidies. President Bush vetoed the bill today, citing concerns about its continued support of large subsidies for agricultural producers despite record profits for the farming industry. With veto-proof majorities in both houses, however, the bill is likely to survive.
Hawaii Supplemental Budget Supports Energy Initiatives
Legislative approval of several measures to support the state’s energy initiatives were accompanied with lawmakers’ rejection of Gov. Linda Lingle’s proposals to fund Science, Technology, Engineering, and Mathematics (STEM) programs and expand TBED initiatives at the conclusion of the 2008 legislative session earlier this month.
Massachusetts Passes Pair of Environmentally-Conscious TBED Bills
Massachusetts Governor Deval Patrick recently signed two bills to improve the commonwealth's standing as a leader in environmental protection and to support the growth of the clean technology industry. Supporters of the Global Warming Solutions Act and the Green Jobs Act believe that the legislation will position Massachusetts as a recognized center for cleantech policy and business.
California Angel Fund Steps in to Bridge Cleantech Funding Gap
Even in the venture capital-rich state of California during a boom period for clean energy investment, some clean energy entrepreneurs still have a hard time finding the capital resources they desire. As a result, one non-profit venture capital group, with a unique history of its own, is launching a new effort to support early-stage businesses. The California Clean Energy Fund (CalCEF) is currently helping to raise a $20 million angel fund to bridge a perceived gap in seed and start-up stage capital availability.
Energy storage startup with government-sponsored funding goes public
ESS Inc., a company that closed a deal to go public earlier this month, was able to leverage public capital at its early stages to accelerate its success as a startup. Founded in 2011, the Wilsonville, Oregon, based company manufactures batteries for long-duration energy storage applications. In 2012, ESS Inc.
ESS Inc., a company that closed a deal to go public earlier this month, was able to leverage public capital at its early stages to accelerate its success as a startup. Founded in 2011, the Wilsonville, Oregon, based company manufactures batteries for long-duration energy storage applications. In 2012, ESS Inc. received a Phase I Small Business Innovation Research (SBIR) award from ARPA-E, and additional grant support from the Oregon Nanoscience and Microtechnologies Institute (ONAMI), an SSTI member. ONAMI is an Oregon-based non-profit that provides grants, equity funding and business development guidance to startups engaged in research-based scientific innovation. It receives funding from Business Oregon, also an SSTI member.
Five things to know about the Inflation Reduction Act
President Joe Biden has signed the Inflation Reduction Act, a $740-billion bill that largely focuses on clean energy and climate resiliency, deficit reduction and health care, funded through tax changes.
New York shuts down fossil fuel crypto infrastructure
New York became the first state to enact a temporary ban on new cryptocurrency mining permits at fossil fuel plants in a move aimed at addressing the environmental concerns over the energy-intensive activity. The legislation, signed by Gov. Kathy Hochul, will impose a two-year moratorium on crypto-mining companies seeking new permits to retrofit some of the state’s oldest fossil fuel plants into digital mining operations.
ARPA-E Announces $125M Challenge for Disruptive Energy Technologies
The Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced that it will commit up to $125 million for its 2015 OPEN competition to Support R&D projects on potentially disruptive new energy technologies. Applications should be able to address how the proposed technology will be able to make a significant impact in one of the three mission areas of ARPA-E – to reduce imported energy, to reduce energy-related emissions, and to improve energy efficiency.