Leaked Study Puts Energy Dept. in an Awkward Position
The Interchange: Recharged - A podcast by Wood Mackenzie - Martedì
In April, Energy Secretary Rick Perry requested an analysis on whether renewable energy poses a threat to baseload power plants and the broader health of the grid. Last week, an early draft of that highly-anticipated report was leaked. It concluded that renewables are not destabilizing the power sector. The leaked version pointed to a natural gas glut, aging power plant fleets and flattening demand as the cause of baseload retirement -- not wind and solar. Now the question becomes: how will the final version change? And does it now put the department in an awkward position? We debate the ethics and consequences of the leak. In the second half of the show, we talk with Hervé Touati, managing director of the Rocky Mountain Institute, about the latest trends in corporate renewable energy purchasing. The federal government may have walked away from its climate commitments, but corporations are doing more than ever -- and we’ll look at how deals are getting more complex. Read the full text of the leaked study: fingfx.thomsonreuters.com/gfx/reuterscom/1/32/32/GRID%20Study.pdf This podcast is brought to you by Wunder Capital, an award-winning investment platform that allows you to invest directly in solar projects and earn up to 8.5% annually. Create an account for free at WunderCapital.com/gtm.