President-elect Donald Trump has vowed to cut support for clean power. Two guests from Bloomberg NEF weigh the likely impacts on clean energy development.

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President-elect Donald Trump has vowed to reduce federal support for clean power as soon as he takes office in January. Yet political realities may limit the extent to which incentives, such as those in the Inflation Reduction Act, may be rolled back, leaving open the possibility that the incoming president may seek surgical rather than sweeping cuts.

A more fundamental question nevertheless remains: How much would reducing federal support for clean energy actually slow its growth in the U.S.? On the podcast, two experts on clean power markets and policy explore the likely scope, and practical impacts of Trump’s stated energy positions.

Meredith Annex is an energy economist and Head of Clean Power at Bloomberg NEF. Derrick Flakoll is Bloomberg’s Policy Expert for the US and Canada. The two analyze the incoming administration’s plans for clean power manufacturing, project development, and trade policy. They also share their insights on how these policies might unfold and what they could mean for the future pace of clean power growth in the United States.

Meredith Annex is Head of Clean Power at Bloomberg NEF.

Derrick Flakoll is Bloomberg NEFs Policy Expert for the US and Canada.

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California’s Low Carbon Fuel Standard https://kleinmanenergy.upenn.edu/research/publications/californias-low-carbon-fuel-standard/

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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Byzantine governance structures and vested interests are slowing the greening of the U.S. electrical grid. Two grid policy experts discuss paths forward.

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The U.S. electrical grid faces declining reliability, often attributed to a rapidly evolving energy mix, surging demand, and more frequent severe weather. Yet a deeper issue lies in the fragmented governance of the grid, where conflicting visions from federal, state, and industry-level regulators hinder progress toward a clean and reliable energy future.

Shelley Welton of the Kleinman Center and Joshua Macey of Yale Law School examine the tangled web of grid governance in the U.S., and highlight inherent conflicts of interest and clashes between state and federal regulatory priorities. They also explore potential pathways for governance reform.

Shelley Welton is Presidential Distinguished Professor of Law and Energy Policy with the Kleinman Center and Penn Carey Law School at the University of Pennsylvania.

Joshua Macey is an associate professor of Law at Yale Law School.

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The Key to Electric Grid Reliability: Modernizing Governance https://kleinmanenergy.upenn.edu/research/publications/the-key-to-electric-grid-reliability-modernizing-governance/

How Can We Improve the Efficiency of Electricity Pricing Systems? https://kleinmanenergy.upenn.edu/research/publications/how-can-we-improve-the-efficiency-of-electricity-pricing-systems/

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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Carnot Prize recipient Jacqueline Patterson explores how the clean energy transition can drive meaningful progress toward energy and climate justice.

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In 2009 Jacqueline Patterson became the founding director of the NAACP’s Environmental and Climate Justice Program. It was a role that Patterson, who’s this year’s recipient of the Kleinman Center’s Carnot Prize, had expected to be short lived: she’d stay on just long enough to get the program underway.

By the time she did move on 12 years later, she had made significant progress in raising understanding of the connection between environmental damage and the lived experience in some of this country’s most impoverished and vulnerable communities. As an advocate for climate justice, she has worked to address the fact that environmental damage increases the economic and health burdens on disadvantaged communities, and makes it more challenging to break the cycle of poverty and marginalization.

Today Patterson serves as the executive director of The Chisholm Legacy Project, where her work empowers communities of color on the front lines of climate change, ensuring they have the resources, tools, and leadership to amplify their voices in policymaking. Her efforts focus on making the clean energy transition a genuine opportunity for justice and equity.

Jacqueline Patterson is executive director of The Chisholm Legacy Project and the 2024 recipient of the Kleinman Center’s Carnot Prize for distinguished contributions in the area of energy policy.

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Beyond Labor: The Expanding Scope of the Just Energy Transition https://kleinmanenergy.upenn.edu/commentary/podcast/beyond-labor-the-expanding-scope-of-the-just-energy-transition/

Should ‘Energy Hogs’ Shoulder More of the Utility Cost Burden? Should ‘Energy Hogs’ Shoulder More of the Utility Cost Burden?  https://kleinmanenergy.upenn.edu/research/publications/should-energy-hogs-shoulder-more-of-the-utility-cost-burden/

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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Kleinman Center visiting scholar Kirsten Jenkins explores the concept of a just energy transition, and why it must be expanded beyond its labor roots to address broad energy system injustices.

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The term “just transition” has its roots in organized labor movements, and has traditionally referred to the idea that workers in the fossil fuel economy must find security in the green energy economy of the future as well. Yet, increasingly, this understanding of what a just transition entails is viewed as overly narrow, and failing to address broad structural realities in our energy system that, if not addressed, will perpetuate a range of social, environmental, and economic inequalities.

This lack of a common definition extends to the highest levels of the global climate effort, with the United Nations acknowledging that the perception of what a just transition entails varies from country to country, potentially impacting the outcome of just transition efforts at the local level.

Kleinman Center visiting scholar Kirsten Jenkins explores the definition of the term just transition and how varying interpretations of it might limit, or enhance efforts to address broader inequalities that are inherent in our energy system. Jenkins, who is a senior lecturer in energy, environment and society at the University of Edinburgh in Scotland, also discusses the need to expand just transition beyond its labor roots to a broader view on justice, and explores policies to put this broader view into practice.

Kirsten Jenkins is a visiting scholar at the Kleinman Center and a senior lecturer in energy, environment, and society within the School of Social and Political Sciences at the University of Edinburgh, Scotland.

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Climate Action in the Age of Great Power Rivalry: What Geopolitics Means for the Climate https://kleinmanenergy.upenn.edu/research/publications/climate-action-in-the-age-of-great-power-rivalry-what-geopolitics-means-for-the-climate/

 Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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Virtual power plants can help electric grid operators address supply shortages and reliability concerns, but policy support is needed.

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The U.S. electrical grid is under growing stress, raising concern that recent widescale power outages may signal more grid challenges to come. In recent years, electricity demand has grown at an accelerating pace while, at the same time, power supply has tightened as existing power plants have retired and grid operators have struggled to bring new sources of power online.

Yet one promising solution to the grid’s challenges may already be in place, if grid operators and regulators can figure out how to use it to full advantage. ‘Virtual power plants’ can combine small, distributed energy resources such as rooftop solar and demand response into a single, virtual whole that grid operators can deploy like a traditional powerplant. VPPs hold the promise of delivering large amounts of readily available and reliable energy services, if a number of regulatory and technological challenges can be overcome.

On the podcast Ryan Hledik, a principal with electricity market consultancy The Brattle Group, explores the potential of virtual power plants. He explains how VPPs work, discusses hurdles to their development, and considers policy solutions to speed their growth.

Ryan Hledik is a principal with electricity market consultancy The Brattle Group.

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The Untapped Potential of “Repurposed Energy” https://kleinmanenergy.upenn.edu/research/publications/the-untapped-potential-of-repurposed-energy/

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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David Spence explores the rise of identity politics in the U.S. and how it has fueled bitter partisanship over the transition to clean energy.

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Throughout American history, opposing political parties have at times set aside their differences to create “republican moments”— periods of bold, bipartisan action to address critical challenges. 

Today, such moments may seem unlikely, yet the need for collective action remains urgent. This is particularly true for accelerating the transition to a low-carbon energy system and tackling climate change.

On the podcast, David Spence of The University of Texas School of Law discusses his new book, Climate of Contempt, which explores the roots of the current political divide in this country, and how that divide has manifested in the politics of energy. Spence examines the growth of identity politics in the U.S., how even the best-intentioned of actors can stoke partisan flames, and opportunities to re-establish bipartisan dialogue to advance the clean energy transition.

David Spence is the Rex G. Baker Centennial Chair in Natural Resources Law at The University of Texas at Austin.

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Comparing the 2024 Presidential Candidates’ Energy Agendas

https://kleinmanenergy.upenn.edu/news-insights/comparing-the-2024-presidential-candidates-energy-agendas/

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

See omnystudio.com/listener for privacy information.

Nvidia’s director of accelerated computing, and a Penn expert in AI and datacenters, explain why AI uses so much energy, and how its energy appetite might be curbed.
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Artificial Intelligence is taking off. In just under two years since the introduction of Chat GPT, the first popular AI chatbot, the global number of AI bot users has grown to one and a half billion. Yet, for the U.S. electricity grid, AI’s dramatic growth could not have come at a more challenging time. AI is energy-intensive, and its expansion is putting additional strain on an already burdened grid that’s struggling to keep pace with rising electricity demand in many regions. In addition, AI’s energy demands complicate efforts to decarbonize the grid as more electricity – generated with a mixture of carbon-free and fossil fuels – is required to support its growth. 

The podcast explores the challenges AI presents to the power grid with Dion Harris, Director of Accelerated Computing at Nvidia, and Benjamin Lee, a professor of electrical engineering and computer science at the University of Pennsylvania. The two explain how and why AI leads to increased electricity use and explore strategies to limit AI’s energy impact.

Dion Harris is director of accelerated computing at Nvidia.

Benjamin Lee is a professor of electrical and systems engineering, and of computer and information Science, at the University of Pennsylvania. He is a visiting researcher at Google’s Global Infrastructure Group.

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Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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Time-of-use electricity rates can save consumers money and optimize renewable power. But they can backfire if not carefully designed.

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A notable feature of the U.S. electricity system is the disconnect between the cost of generating electricity and the prices most consumers pay for power at any given time. Flat-rate pricing, where consumers pay the same rate for power regardless of demand, discourages efficient electricity use, leading to increased strain on the grid. As concerns about reliability, cost, and climate impacts grow, efficient electricity use is more important than ever.

Kleinman Center Faculty Fellow Arthur van Benthem explores time-varying electricity rates, where prices change with demand, as an alternative to flat rate pricing. Van Benthem, a co-author of new research on the topic explains the potential of time-varying pricing to reduce grid costs and enhance renewable energy. He also explores the potential downside to such rates, which can fail to deliver expected benefits or even backfire if not designed with a focus on simplicity and usability.

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Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

See omnystudio.com/listener for privacy information.

For the month of August, we’re highlighting episodes from the 2023-2024 season of Energy Policy Now. We’ll be back with new content, and a new season, on September the 10th.

Climatologist Michael Mann discusses his new book on Earth’s climate past, with insights into our climate future.

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(This episode was recorded on September 14, 2023)

Renowned Penn climatologist Michael Mann’s latest book, “Our Fragile Moment,” explores the history of climate change and the lessons it can provide into the trajectory of climate change today. The book is Mann’s response to the phenomenon of “climate doomism” which, Mann writes, misrepresents the paleoclimate record to promote climate inaction. In the book, Mann seeks to set the paleoclimate record straight, and discusses how human agency remains our greatest tool in preventing the worst impacts of climate change.

Michael Mann is Presidential Distinguished Professor in the University of Pennsylvania’s Department of Earth and Environmental Science, and director of the Penn Center for Science, Sustainability and the Media. He is also a Faculty Fellow at the Kleinman Center for Energy Policy.

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Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu.

See omnystudio.com/listener for privacy information.

For the month of August, we’re highlighting episodes from the 2023-2024 season of Energy Policy Now. We’ll be back with new content, and a new season, on September the 10th.

Senator Sheldon Whitehouse discusses the prospects for bipartisan U.S. carbon border fee legislation, and the need to protect the Biden administration’s clean energy and climate achievements.

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(This episode was recorded on March 15, 2024, during Penn Energy Week)

Senator Sheldon Whitehouse has a reputation as an advocate for strong climate policies in Congress. The Rhode Island Democrat gained national attention over a decade ago when he gave the first of more than 290 “Time to Wake Up” climate speeches to date on the floor of the U.S. Senate. Many of the speeches were delivered at times when the prospects were bleak for significant leadership from Washington on climate and clean energy issues.

Yet the past three years have been very different. Through the passage of the Bipartisan Infrastructure Law and, most pointedly, the Inflation Reduction Act, Congress has made concrete steps to grow domestic clean energy and improve the nation’s climate resilience. Recently, Senator Whitehouse reintroduced a bill that would levy the first carbon border fee on goods imported to the U.S., and effectively reward American industry for its leadership in energy efficiency and emissions reductions.

On the podcast, Whitehouse discusses his plan for a carbon border adjustment. He also considers an upcoming election that will prove critical for continued progress, and that could jeopardize the full realization of recently passed energy and climate laws and the fate of the Biden administration’s related regulatory accomplishments.

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Coordinated Policy and Targeted Investment for an Orderly and Reliable Energy Transition https://kleinmanenergy.upenn.edu/research/publications/coordinated-policy-and-targeted-investment-for-an-orderly-and-reliable-energy-transition/  

Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

See omnystudio.com/listener for privacy information.