While solar and wind resources are abundant in the western United States, the region faces technical, operational and management challenges in transitioning to cleaner energy portfolios. Integrating renewable energy into existing electric grids continues to be a difficult hurdle for many electricity markets. When utilities face intermittent renewable energy generation, energy imbalance markets (EIMs) have been developed to mitigate the gaps between production and demand.
At the Yale Center for Business and the Environment, we constantly scan the horizon for transformative solutions in clean energy markets and finance. And as far and as wide as we look, we are drawn back to study the remarkable work across our home state of Connecticut.
Wyoming is dipping a toe into the solar market this year for the first time. In the energy efficiency arena, it has not yet explored its potential. However, analysts predict it will become a leading wind-power state in a few years. Scott Quillinan, director of operations and communications at the University of Wyoming School of Energy Resources, said in this interview that the state is experiencing differential growth in its clean energy markets.
Since Hurricane Maria, Puerto Rico has been a productive location for entrepreneurs who are eager to get involved in installing solar power and energy storage. One of them is Alejandro Uriarte, CEO of New Energy Consultants & Contractors. In this interview, he describes the rocky road that the island territory has encountered as it seeks to build out clean energy.