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Rakesh  Sharma's picture
Journalist Freelance Journalist

I am a New York-based freelance journalist interested in energy markets. I write about energy policy, trading markets, and energy management topics. You can see more of my writing...

  • Member since 2006
  • 1,011 items added with 680,661 views
  • Jun 16, 2020

Recently, there's been a slew of articles and posts discussing green stimulus within the context of this recession. The last recession, more than ten years ago, accelerated the move towards renewable energy in electric grids and power systems. Can the sudden shock of a pandemic recession provide further impetus for the move towards becoming carbon-neutral? The first post I've linked to makes the case for investing more in energy efficiency projects with better targeting and worker incentives. The article discusses community efforts at a green stimulus: Vermont's capital Burlington is investing in projects that save energy and fuel. Finally, Dr. Noah Kaufman at Columbia argues for lasting climate policy change instead of a temporary and timely stimulus that, even if it is green, portends further problems down the road, as far as energy policy is concerned.

For utilities, the shift towards renewable energy and flexibility in demand is an inexorable, if slow, process that is already underway.  However, the three courses of action could make a difference to the cost and speed with which we make that shift.  

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