Latest Updates
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Climate Week NYC Event Schedule
CPE’s Energy and Finance Team will be in New York City for Climate Week between September 22-27. Here is our schedule.
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Pricing Problems & Solutions: the role of batteries in electricity markets
What happens to electricity prices when variable resources (VREs) like solar and wind become the grid’s dominant source of energy? Energy modelers have ideas, but no clear answers. Wind and solar are relatively unique compared to nuclear, gas, and coal systems because, despite having some upfront capital costs, they do not have fuel costs. This…
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Reacting to uncertainty
The Senate’s near-unanimous 88-2 passage of the ADVANCE Act to speed the permitting of the new nuclear reactors is a bipartisan victory for energy policy. Yet, while the Federal government deploys massive resources to support new nuclear—including a generous tax credit and low-cost loans—and tries to streamline the surrounding administrative process through this new law,…
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Webinar – Aug. 14 – How states can unlock the full potential of the Loan Programs Office
Recording and slides This webinar was held on August 14. Watch the webinar here. Check the slideshow here. Event information Join experts from the US Loan Programs Office (LPO), state green banks, the Center for Public Enterprise (CPE), the State Support Center, and RMI for a webinar discussing the State Energy Financing Institution (SEFI) program.…
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How the Federal Financing Bank supports multifamily construction
The White House today announced a meaningful change to the Department of Housing and Urban Development (HUD) and Treasury’s Federal Financing Bank (FFB) Risk-sharing program. The change will give users of the program, developers and housing finance agencies, significantly more certainty around interest rates throughout the years-long development process. This increased cost certainty will allow…
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The bipartisan permitting bill gets transmission right
It has been a big few months for transmission. On the heels of FERC Order No 1920, which overhauled regional transmission planning, Senators Joe Manchin (I-WV) and John Barrasso (R-WY) released the text of their permitting reform legislation, the Energy Permitting Reform Act of 2024 (EPR), in mid-July. (See the detailed and one-page summaries, as…
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Removing Barriers to On-Site Solar in Public Housing
Read the complete letter and memorandum. Center for Public Enterprise, in collaboration with Boston Housing Authority, New York City Housing Authority, New Bedford Housing Authority, MassNAHRO, Cambridge Housing Authority, and PowerOptions, recently sent a letter and memorandum to the Biden Administration detailing an issue that housing authorities face regarding on-site solar development. The recommendations accompanying…
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Chaining Explainer
How Tax Credit “Chaining” Expands the Reach of the IRA Through Greater Public Participation in Project Development Download this brief as a PDF here. The Department of Treasury is soliciting comments on final rules regarding tax credit chaining. Tax credit chaining allows public and nonprofit entities to purchase tax credits and monetize them through the…
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Greenhouse Gas Reduction Fund, Part 3: Public Options Support Public Finance
Entities seeded by the GGRF will have to change their strategy when governing the markets that they created: they will have to work to become public options that compete with and shape the behavior of other market participants. This is important not only because private investors may underbuild, but because they may deliver bad outcomes.…
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Greenhouse Gas Reduction Fund, Part 2: How to make a market
The EPA’s announcement of the first round of GGRF recipients marks the “end of the beginning.” For the past decade, the advocates of green banking have pushed for federal financial involvement in green lending. The GGRF is the first small step in this direction. GGRF recipients—coalitions of nonprofits, community development financial institutions (CDFIs), and state-chartered…