Ever wonder what happened to the notion last August that the city of Minneapolis would take over its energy utilities? While it may seem like the issue vanished, next Monday the Minneapolis City Council makes a monumental decision on another way forward to a better energy future. On the table is a novel partnership between the … Read More
Solar and wind projects can mean big bucks for communities – but only if they keep them local!
Why does ownership of renewable energy matter? Because the number of jobs and economic returns for communities are substantially higher when electricity generation from wind and sun can be captured by local hands.… Read More
An updated version of this report, released in June 2023, is available here. Solar and wind projects can mean big bucks for communities – but only if they keep them local! That’s a key takeaway from Advantage Local: Why Local Energy Ownership Matters, a new report from the Institute for Local Self-Reliance (ILSR). The report … Read More
I spent three days this week with some of the biggest minds behind the “new economy” movement because their core theme – economic democracy – fits like a glove over ILSR’s work on democratic energy. The big takeaway? Solar power is the spark to energize a new energy economy from the bottom up. This new solar-sparked … Read More
With the rich history of cost overruns in the nuclear industry, Xcel Energy and Minnesota regulators probably shouldn’t have been surprised when the retrofit cost to the Monticello nuclear power plant ballooned to more than twice the original estimate late last year. Regulators are asking tough questions about whether the cost overruns are the responsibility of … Read More
Note: the “Ultimate Solar Calculator” has been updated and simplified. Stay tuned for an updated complex version of this same calculator. A few weeks ago I wrote about the comeback of solar ownership relative to leasing, as the cost of rooftop solar PV continues to fall and new financing options make ownership easier than ever. Is … Read More
Tailored to Illinois, but explaining the universal benefits of local renewable energy, this presentation was delivered by Director of Democratic Energy John Farrell at the Illinois Renewable Energy Fair on August 24, 2014. The presentation explores the enormous potential of clean, local energy to meet U.S. electricity needs and juice local economies. But what happens if … Read More
When it comes to ownership, there are few better structures for keeping a community’s wealth local than a cooperative. So why is it that America’s rural electric cooperatives are tethered to dirty, old coal-fired power plants instead of local-wealth generating renewable power? There are a lot of answers to this question, but it might start with … Read More
A month ago I wrote about the potential for a comeback for solar ownership (instead of leasing) as the economics and options for ownership continue to improve. Yesterday I discussed this trend in depth on “The Attitude” with Arnie Arnesen on WNHN. Subscribe to the podcast here, or listen by clicking the player below:
