Ceres electric power related reports
Pathway to a 21st Century Electric Utility
Nov 09, 2015
- Utilities do an excellent job of what they are mandated to do— provide safe, reliable and affordable energy. Utilities are not going away, because we require them to operate the electric grid, so why not expand the scope of their mandate to manage an environment in which consumers use energy and electricity more efficiently to create customer value and optimize the electricity system for the benefit of all? In this environment, utilities will be incented to maximize customer and system value, as opposed to simply building infrastructure. Given the importance of revising the utility industry model for the benefit of customers, society and utility investors, this paper is an expression of Peter H. Kind's evolved views in an effort to find common ground that will support a robust 21st Century Utility model.
Accelerating U.S. Clean Energy Deployment: Investor Policy Priorities
Sep 08, 2015
- International investment to mitigate climate change is far below levels needed to reach the two-degree target. The International Energy Agency estimates that an average of an additional $1 trillion in incremental financing for clean energy is needed to meet the temperature target.
Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States 2015
Jul 14, 2015
- The 2015 Benchmarking report is the eleventh collaborative effort highlighting environmental performance and progress in the nation’s electric power sector. The Benchmarking series uses publicly reported data to compare the emissions performance of the 100 largest power producers in the United States. The current report is based on 2013 generation and emissions data.
Ceres Annual Report 2014
May 15, 2015
- Ceres began as a bold experiment 25 years ago, with just a few investors who envisioned a different way for companies and the capital markets to behave. At the time, our idea was radical: We set out to create a new sustainable business model that could protect the health of the planet and the long-term well-being of its people—all while strengthening, not limiting, our global economy.
Practicing Risk-Aware Electricity Regulation: 2014 Update
Nov 17, 2014
- This 2014 update to Ceres' 2012 report, Practicing Risk-Aware Electricity Regulation: What Every State Regulator Needs to Know, looks at key trends that continue to reshape the U.S. electricity industry, analyzes changing costs and risk profiles of energy resources (especially renewable energy), and offers further insights and recommendations for smart, “risk-aware” decision-making by utility regulators.
Benchmarking Utility Clean Energy Deployment 2014
Jul 21, 2014
- Benchmarking Utility Clean Energy Deployment assembles data from more than 10 sources, including state Renewable Portfolio Standard (RPS) annual reports, U.S. Securities and Exchange Commission 10-K filings and Public Utility Commission reports, to show how 32 of the largest U.S. investor-owned electric utility holding companies stack up on renewable energy and energy efficiency.
Power Forward Supplement: Climate and Energy Targets set by Fortune 500 Companies
Jun 19, 2014
- This table is a supplemental document listing all the goals to the report: Power Forward: How American Companies are Setting Clean Energy Targets and Capturing Greater Business Value.
Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States 2014
May 28, 2014
- This report examines and compares the stack air pollutant emissions of the 100 largest power producers in the United States based on their 2012 generation, plant ownership, and emissions data and shows a downward trend in nitrogen oxides (NOx), sulfur dioxides (SO2), mercury and carbon dioxide (CO2) since 2000, with CO2 emissions decreasing 13 percent between 2008 and 2012.
Investing in the Clean Trillion: Closing The Clean Energy Investment Gap Executive Summary
Jan 15, 2014
- An executive summary of the Ceres report Investing in the Clean Trillion: Closing The Clean Energy Investment Gap.
Investing in the Clean Trillion: Closing The Clean Energy Investment Gap
Jan 15, 2014
- In 2010 world governments agreed to limit the increase in global temperature to two degrees Celsius (2 °C) above pre-industrial levels to avoid the worst impacts of climate change. To have an 80 percent chance of maintaining this 2 °C limit, the IEA estimates an additional $36 trillion in clean energy investment is needed through 2050—or an average of $1 trillion more per year compared to a “business as usual” scenario over the next 36 years. This Ceres report provides 10 recommendations for investors, companies and policymakers to increase annual global investment in clean energy to at least $1 trillion by 2030—roughly a four-fold jump from current investment levels.
Power Factor: Institutional Investors’ Policy Priorities Can Bring Energy Efficiency to Scale
May 21, 2013
- Research shows climate change could impose a multi-trillion dollar burden on the global economy and contribute ten percent of overall risk within institutional investment portfolios. Institutional investors, who manage tens of trillions of dollars globally, are actively looking for ways to mitigate these climate-related risks. Energy efficiency offers one such opportunity for institutional investors to manage the risks of climate change while earning a competitive rate of return on their investment.
Benchmarking Air Emissions
May 15, 2013
- This report analyzes the latest emissions from the 100 largest power producers in the U.S. The report shows that the electric industry cut emissions of NOx, SO2 and CO2 in 2011 even as overall electricity generation increased, largely due to increased use of natural gas and growing reliance on renewable energy.
Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States 2012
Jul 31, 2012
- A new report on U.S. power plant emissions from the top 100 power producers demonstrates the impact of the electric power industry’s current transition to cleaner energy sources.
Practicing Risk-Aware Electricity Regulation: What Every State Regulator Needs to Know
Apr 19, 2012
- This report is primarily addressed to state regulatory utility commissioners, who will preside over some of the most important investments in the history of the U.S. electric power sector during perhaps its most challenging and tumultuous period. This report seeks to provide regulators with a thorough discussion of risk, and to suggest an approach—“risk-aware regulation”—whereby regulators can explicitly and proactively seek to identify, understand and minimize the risks associated with electric utility resource investment. It is hoped that this approach will result in the effcient deployment of capital, the continued financial health of utilities, and the confidence and satisfaction of the customers on whose behalf utilities invest.
New Jobs - Cleaner Air (Part II): An investment in American Businesses and American Jobs
Nov 17, 2011
- In February 2011, Ceres issued a study demonstrating how new air pollution rules proposed for the electric power sector by the Environmental Protection Agency (EPA) will provide long-term economic benefits across much of the United States. This report supplements this economic study by highlighting specific case examples of the companies involved in building a modern generating fleet. It breaks the supply chain into its component pieces and shows the vital role that American workers play in installing and maintaining sophisticated emission control systems.
Benchmarking Electric Utility Energy Efficiency Portfolios in the U.S.
Nov 10, 2011
- The goal of this report is to highlight the importance—and the challenges—of benchmarking electric utility energy efficiency portfolios, and to initiate a benchmarking process that will continue to evolve over time. Benchmarking allows for direct comparison of spending and energy savings across electric utility energy efficiency portfolios. This report discusses the difficulties involved in benchmarking energy efficiency portfolios, evaluates and recommends a suite of metrics, and demonstrates these metrics using a diverse set of electric utilities.
New Jobs-Cleaner Air: Employment Effects under Planned Changes to EPA’s Air Pollution Rules
Feb 01, 2011
- February 2011 - This study demonstrates how new air pollution rules proposed for the electric power sector by the Environmental Protection Agency (EPA) will provide long-term economic benefits across much of the United States in the form of highly skilled, well paying jobs through infrastructure investment in the nation's generation fleet. Significantly, many of these jobs will be created over the next five years as the United States recovers from its severe economic downturn.
The Ripple Effect: Water Risk in the Municipal Bond Market
Oct 22, 2010
- October 2010 - Growing water scarcity in many parts of the United States is a hidden financial risk for investors who buy the water and electric utility bonds that finance much of the country's vast water and power infrastructure, according to this first-ever report by Ceres and Water Asset Management. The report evaluates and ranks water scarcity risks for public water and power utilities in some of the country's most water-stressed regions, including Los Angeles, Phoenix, Dallas and Atlanta.
The 21st Century Electric Utility: Positioning for a Low-Carbon Future
Jul 27, 2010
- July 2010 - This report identifies five key elements of a 21st century electric utility business model and makes specific recommendations to utilities as they transition to a low-carbon future. It is by no means the final word on this complex and constantly evolving subject. Rather it is a starting point for utilities, policymakers, regulators, investors, analysts, and advocates to consider the utility decisions and behaviors best suited to helping us realize the energy future we all want – a future that, as the report says, “minimizes cost, risk and environmental impact, and maximizes opportunity, options and societal benefit.”
Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States 2010
Jun 14, 2010
- June 2010 - The 2010 Benchmarking report is the seventh collaborative effort highlighting environmental performance and progress in the nation’s electric power sector. The Benchmarking series began in 1997 and uses publicly reported data to compare the emissions performance of the 100 largest power producers in the United States. The current report is based on 2008 generation and emissions data.