May 20The changing cost of capital for energy sector: While trends are positive in Europe, a lot more needs to be achieved in North America and China.Central to achieving the goals of the Paris Agreement is channelling large amounts of capital into low-carbon energy, and the price to deliver renewables depends critically on the cost of capital. The cost of capital is a major determinant of the total cost of different energy technologies and reflects the…Cost Of Capital3 min readCost Of Capital3 min read
May 20Impact of policy on cost of capital of and investments in renewable energyIntroduction Governments use climate and environmental (CE) policies to affect the scale, pace, and nature of change across the energy sector by shaping the perceptions and behaviours of market participants. …Policy4 min readPolicy4 min read
Feb 17Transition pathway envelopes are required to guide transition financeLimiting global warming to 1.5°C — required to avoid catastrophic damages — implies reaching net zero CO 2 emissions globally around 2050. Recognizing this, the UNFCC COP21 in Paris in 2015 set net-zero emissions as a goal for countries and business.[1] …Netzero7 min readNetzero7 min read
Nov 14, 2022For the first time ever, Consumers can get a Discount on Insurance for Mitigation of Wildfire RiskWildfire risk is becoming a big issue, for insurers as well as the insured. Wildfires caused one-third of the forest cover loss globally in 2021. In addition, financial losses from wildfires have increased by 490% from 1980 to 2018. Further, assessing wildfire risk has become more difficult for insurers. Traditionally…Wildfires3 min readWildfires3 min read
May 30, 2022Policy design for scaling clean hydrogen supply and demandClean hydrogen will play in key role in net-zero transitions In a previous article at Stanford University, we examined the clean — blue and green — hydrogen opportunity.[1] Our key assertions were as follows. First, clean hydrogen may play a role in decarbonizing many of the sectors that have historically…Green Hydrogen6 min readGreen Hydrogen6 min read
May 23, 2022CURRENT POWER CRISIS: LESSONS FOR INDIAIndia needs to adopt a two -pronged policy. First, at scale adoption of renewables, battery storage, and green hydrogen in energy mix through portfolio targets, incentives and supporting policies. …4 min read4 min read
Apr 11, 2022COAL-WASHING: RETHINKING COAL PLANT RETIREMENTS FROM AN EMISSIONS PERSPECTIVECoal plant retirements need to be based on significant futuristic emissions and not political economy concerns otherwise this could turn into a new version of greenwashing or carbon-washing. By Gireesh Shrimali and Abhinav Jindal Coal power plants produce a fifth of global emissions — more than any other single source…5 min read5 min read
Mar 22, 2022Regulators acknowledge climate financial risks: Machine learning can help measure themScalable modeling approaches, like Terrafuse AI’s, are needed to measure the spectrum of climate risks for financial institutions Climate change, if not addressed in an urgent manner, will pose a significant risk to society. While the impacts can be variable, under current policies the world is likely to warm up…Climate Risk5 min readClimate Risk5 min read
Mar 8, 2022India’s renewable energy commitments and coal plant retirementsIn press, we hear a lot about coal plant retirement in India.[1] The central electricity authority (CEA) has identified approximately 50GW for environmental reasons,[2] and academic research has identified approximately 100GW based on economic reasons.[3] There is similar work from the council of energy environment and water (CEEW).[4] …3 min read3 min read
Feb 24, 2022Policy design for at-scale adoption of green hydrogen in IndiaWe suggest a green hydrogen portfolio standard (HPS) to create demand, a nodal agency for aggregating demand and supply, and reverse auctions for cost-effective procurement. In pursuit of the twin objectives of Atmanirbhar Bharat and net-zero transitions, green hydrogen has become the key focus of Indian decarbonization agenda. In February…5 min read5 min read
