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At least 73 records · Page 4

Financing the Airport of the Future: The Small Aircraft Transportation System

The objective of SATS is to reduce gridlock at hubs, reduce travel times, allow for personal control over travel, and anticipate demand shifts resulting from a migration from suburbs to rural places. The technology is presently available and economical to produce SATS aircraft. The public issue centers on the airports. SATS is a federal program, and many airports in the U.S. are under the control of local governments. The scope of the objective will require thousands of airports in rural and suburban areas to modify their infrastructure and increase their investment. Researchers at the University of Nebraska at Omaha (UNO), and others at other institutions, have prepared reports surveying the relevant issues of implementing SATS. Our UNO team focused on the issues of policy implementation, economic development, management, and finance specific to Nebraska. We are finding that these issues are similar to those in other states in our region and other rural states. This paper discusses how this investment might be financed.

Bartle, John R.↗

Flexible Financial Credit Agreements: NREL Low- and Moderate-Income Solar Flexible Financing Credit Agreement Rubric

Flexible Financial Credit Agreements is a broad term used to describe a suite of solar products with innovative features not currently offered in traditional solar financing programs. The NREL Low- and Moderate-Income Solar Flexible Financing Credit Agreement Rubric brief document is designed to help evaluate innovative strategies for increasing the accessibility of solar and increasing adoption among LMI households. The rubric is modeled after a version developed to support plug-in electric vehicle policy adoption (NASEO and Cadmus).

ENERGY PLANNING, POLICY, AND ECONOMY,SOLAR ENERGY↗

Flexible Financial Credit Agreements: Tariff On-Bill Financing (TOBF)

Flexible Financial Credit Agreements is a broad term used to describe a suite of solar products with innovative features not currently offered in traditional solar financing programs. This brief focuses on the Tariff On-Bill Financing (TOBF) model, in which utilities use a tariff to enable customers to pay back the cost of a solar panel without credit or income level conditions.

Flexible Financial Credit Agreements↗

Mobilizing Climate Finance for Clean Energy and Energy Efficiency Investments: A Primer for Integration into USAID Energy Sector Activities

The primary purpose of this brief, and the full assessment from which its content is derived, is to assist USAID staff in identifying opportunities for designing new interventions that integrate climate finance into their existing/planned energy sector programming. USAID staff are encouraged to review the various examples presented to determine if any aspect of the proposed approaches are applicable to the countries/regions in which they operate.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

External Financing for Carbon Reduction Projects

This fact sheet summarizes 7 common external financing modes and provides examples for each: Energy-as-a-Service, Energy Savings Performance Contracts, Power Purchase Agreements, Sustainability Linked-Loans, Green Loans, Property Assessed Clean Energy, and On-Bill Financing/Repayment.

carbon emissions↗

Study on the financing mechanism and management for decommissioning of nuclear installations in Malaysia

The whole cycle of the decommissioning process development of repository requires the relevant bodies to have a financial system to ensure that it has sufficient funds for its whole life cycle (over periods of many decades). Therefore, the financing mechanism and management system shall respect the following status: the national position, institutional and legislative environment, technical capabilities, the waste origin, ownership, characteristics and inventories. The main objective of the studies is to focus on the cost considerations, alternative funding managements and mechanisms, technical and non-technical factors that may affect the repository life-cycle costs. As a conclusion, the outcomes of this paper is to make a good recommendation and could be applied to the national planners, regulatory body, engineers, or the managers, to form a financial management plan for the decommissioning of the Nuclear Installation.

12 MANAGEMENT OF RADIOACTIVE AND NON-RADIOACTIVE W↗

Classical versus quantum models in machine learning: insights from a finance application

Although several models have been proposed towards assisting machine learning (ML) tasks with quantum computers, a direct comparison of the expressive power and efficiency of classical versus quantum models for datasets originating from real-world applications is one of the key milestones towards a quantum ready era. Here, we take a first step towards addressing this challenge by performing a comparison of the widely used classical ML models known as restricted Boltzmann machines (RBMs), against a recently proposed quantum model, now known as quantum circuit Born machines (QCBMs). Both models address the same hard tasks in unsupervised generative modeling, with QCBMs exploiting the probabilistic nature of quantum mechanics and a candidate for near-term quantum computers, as experimentally demonstrated in three different quantum hardware architectures to date. To address the question of the performance of the quantum model on real-world classical data sets, we construct scenarios from a probabilistic version out of the well-known portfolio optimization problem in finance, by using time-series pricing data from asset subsets of the S&P500 stock market index. It is remarkable to find that, under the same number of resources in terms of parameters for both classical and quantum models, the quantum models seem to have superior performance on typical instances when compared with the canonical training of the RBMs. Our simulations are grounded on a hardware efficient realization of the QCBMs on ion-trap quantum computers, by using their native gate sets, and therefore readily implementable in near-term quantum devices.

97 MATHEMATICS AND COMPUTING↗

Policies to Spur Energy Access. Executive Summary; Volume 1, Engaging the Private Sector in Expanding Access to Electricity; Volume 2, Case Studies to Public-Private Models to Finance Decentralized Electricity Access

Government policy is one of the most important factors in engaging the private sector in providing universal access to electricity. In particular, the private sector is well positioned to provide decentralized electricity products and services. While policy uncertainty and regulatory barriers can keep enterprises and investors from engaging in the market, targeted policies can create opportunities to leverage private investment and skills to expand electricity access. However, creating a sustainable market requires policies beyond traditional electricity regulation. The report reviews the range of policy issues that impact the development and expansion of a market for decentralized electricity services from establishing an enabling policy environment to catalyzing finance, building human capacity, and integrating energy access with development programs. The case studies in this report show that robust policy frameworks--addressing a wide range of market issues--can lead to rapid transformation in energy access. The report highlights examples of these policies in action Bangladesh, Ethiopia, Mali, Mexico, and Nepal.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Community Crowd-Funded Solar Finance

The award supported the demonstration and development of the Village Power Platform, which enables community organizations to more readily develop, finance and operate solar installations on local community organizations. The platform enables partial or complete local ownership of the solar installation. The award specifically supported key features including financial modeling tools, community communications tools, crowdfunding mechanisms, a mobile app, and other critical features.

14 SOLAR ENERGY↗

Accessing Secondary Markets as a Capital Source for Energy Efficiency Finance Programs: Program Design Considerations for Policymakers and Administrators

Estimates of the total opportunity for investment in cost-effective energy efficiency in the United States are typically in the range of several hundred billion dollars (Choi Granade, et al., 2009 and Fulton & Brandenburg, 2012).1,2 To access this potential, many state policymakers and utility regulators have established aggressive energy efficiency savings targets. Current levels of taxpayer and utility bill-payer funding for energy efficiency is only a small fraction of the total investment needed to meet these targets (SEE Action Financing Solutions Working Group, 2013). Given this challenge, some energy efficiency program administrators are working to access private capital sources with the aim of amplifying the funds available for investment. In this context, efficient access to secondary market capital has been advanced as one important enabler of the energy efficiency industry “at scale.”3 The question of what role secondary markets can play in bringing energy efficiency to scale is largely untested despite extensive attention from media, technical publications, advocates, and others. Only a handful of transactions of energy efficiency loan products have been executed to date, and it is too soon to draw robust conclusions from these deals. At the same time, energy efficiency program administrators and policymakers face very real decisions regarding whether and how to access secondary markets as part of their energy efficiency deployment strategy.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Finance for Power Sector Resilience

Many countries and cities are considering and planning for power sector resilience through undertaking vulnerability assessments and developing resilience action plans. However, to ensure these plans have an impact, there is a critical need to identify and scale up financing for power sector resilience actions. These investments go beyond the basic needs for power generation and support a secure, reliable, and resilient power system in the face of natural, technological, and man-made threats.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Financing Microgrids in the Federal Sector

Recent high-impact events such as hurricanes and wildfires highlight the need for energy system resilience. One potential impact of these events is the loss of utility grid power to federal sites, negatively affecting the ability to carry out their missions. Depending on the need to sustain critical functions, it may be important to continue operations during an outage of the electric grid, or at least have power restored quickly after the event. One approach to addressing this need is through a microgrid. Microgrids can provide a more reliable solution than the traditional approach of using a backup generator at individual buildings. A microgrid can enhance a site’s electrical power system during normal operations, as well as provide reliable backup power to critical loads when electric utility power is interrupted. Many times, certain components of a microgrid (and potentially the entire system) can be justified economically and paid for out of energy savings or avoided costs. In cases where savings can cover the project costs, one of several privately financed procurement mechanisms may be used to implement the project. However, it can be difficult to achieve enough savings and avoided costs to cover the entire microgrid system, so leveraging these avoided costs in combination with appropriated funds may be necessary to implement the full project. This paper explores procurement options and agreements that may be useful to federal agencies interested in implementing microgrids at their sites. Microgrid complexities, implementation considerations, and suggestions to get started are also discussed. This information will be most useful to agencies when they are exploring electric energy system resilience options and/or considering different procurement options to meet their needs.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Bringing Low- and Moderate-Income Solar Financing Models to Scale (Final Technical Report (FTR))

In this final report, the Clean Energy States Alliance(CESA) and its project partners describe their work to accelerate the development of solar projects for three distinct subsets of the low- to moderate-income(LMI) solar market: single-family homes, manufactured homes, and community institutions, including multifamily affordable housing. For each market sector, the project team undertook research, outreach, and market-building activities. By advancing promising LMI solar financing innovations for different housing types and spreading them to new locations, the Scaling Up Solar for Under-Resourced Communities project has built momentum to scale up LMI solar. Although the report describes some research pertaining to solar adoption in LMI communities, this project was original in that it focused on two specific models to tackle single-family homes and community institutions. Until this project, very little research dedicated to solar for manufactured homes existed. For each market sector, the project team undertook research, outreach, and market-building activities. For the single-family homes sector, the project encouraged states to adapt a program model based on a successful Connecticut initiative that has brought solar to thousands of LMI homeowners. For manufactured homes, the project analyzed the potential for using solar for that housing sector and worked with states, utilities, and other stakeholders to launch pilot projects or programs. For community institutions, the project team worked with foundations, lenders, and community service organizations to inventory, analyze, and communicate models for philanthropic investment that accelerate the deployment of solar and solar+storage in multifamily affordable housing, health centers, and other LMI-serving community institutions.

14 SOLAR ENERGY↗

Deep Dive on Energy Finance Options for Local Governments [Slides]

This NREL training provides a basic introduction to the options for financing a clean energy project as well as for recovering the investment and generating revenue from the project. Two common clean energy project types will be used as case studies to walk through the process and details of obtaining project funding and recovering the investment.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Rooftop Solar in Lawrence, MA: Community Perspectives, Deceptive Practices, and Financing Options

This report was prepared as part of the U.S. Department of Energy's Communities Local Energy Action Program (Communities LEAP) pilot competitive technical assistance for the Lawrence Massachusetts Stakeholder Coalition (LSC) composed of The City of Lawrence, All In Energy, MassDevelopment, Mill City Community Investments, BlocPower and Groundwork Lawrence, and led by Browning the Green Space. The LSC identified rooftop solar photovoltaics as a top priority for this technical assistance opportunity. Lawrence faces high energy burden and electricity prices, thus rooftop solar can be a tool to help lower those costs. However, the coalition received feedback that some solar companies were using deceptive and unfair practices when marketing, selling, or financing solar energy, costing residents more money than utility rates and increasing the energy burden. This project sought to address rooftop solar community priorities through two pathways: 1. facilitating community engagement to understand community perspectives and experiences with rooftop solar development; and 2. conducting a financial cash-flow analysis highlighting the varying fiscal outcomes for rooftop solar adopters based off rooftop solar leasing, ownership, or buying electricity from the utility (National Grid).

14 SOLAR ENERGY↗

Empirical Estimation of the Energy Impacts of Projects Installed through Residential Property Assessed Clean Energy Financing Programs in California

We examine the energy use impacts of energy efficiency and solar PV projects financed by residential property assessed clean energy (R-PACE) programs in California. We leverage household-level interval meter data to apply normalized metered energy consumption (NMEC) methods at significant scale—more than 25,000 electric meters and more than 15,000 gas meters. We develop a comparison group to account for non-project-related changes in usage. The projects include homes that replaced existing HVAC equipment with higher-efficiency units and homes that installed central heating or air conditioning equipment for the first time. We have limited information on pre-project household equipment stock so we develop a method to infer new installations. We find that projects that installed energy efficiency technologies reduce electricity consumption by approximately 3% and gas consumption by approximately 3.5% on average. When we remove homes that installed new cooling and heating equipment for the first time, savings rise to approximately 5% for electricity and approximately 6% for gas. Given the California climate and the results of an existing study of similar California projects, these results are in line with expectations. Solar PV projects produce electricity that offsets approximately 69% of household electricity consumption on average. We estimate that California R-PACE projects installed through the end of 2019 produce annual reductions in grid-tied electricity consumption of 506 GWh (equivalent to the electricity consumption of approximately 74,000 California households) and gas consumption reductions of 2 million therms (equivalent to the gas consumption of approximately 4700 California households) in a typical weather year.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗