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Behind-the-Meter Battery Pioneer Stem to Take SPAC Route to Public Markets

GreenTechMedia

Stem, the decade-old behind-the-meter battery startup that was seeking a buyer earlier this year to bolster its growth ambitions, is now launching a plan to go public via a special-purpose acquisition corporation (SPAC) reverse merger. Friday’s announcement names Star Peak Energy Transition Corp. and abroad. and abroad.

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Residential Demand Response to Play Key Role Managing US Load This Summer

GreenTechMedia

Heading into summer 2020, looming uncertainty about electricity demand makes flexibility more vital than ever in the United States. In particular, residential demand response faces more pressure than usual as many people continue to work from home over the next few months. Time for residential demand response providers to shine.

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Tidal energy firm wins seabed lease to support Shetland clean energy drive

Envirotec Magazine

Tidal energy company Nova Innovation (Nova) plans to develop its largest tidal energy array to date at Yell Sound in Shetland and boost decarbonisation of the local energy supply. Comprehensive environmental monitoring of Nova’s turbines in Bluemull Sound have demonstrated that they work in harmony with marine wildlife.

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Demand Response Industry Asks Feds to Open States to Energy Market Competition

GreenTechMedia

Over the past half-decade, the Federal Energy Regulatory Commission has consistently won court battles upholding its authority over states to set the rules for how distributed energy resources can play in wholesale energy markets. “But if the aggregations do include demand response, the opt-out can apply,” she said.

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Should California Link Electricity Bills to Customer Incomes?

GreenTechMedia

California already has some of the highest electricity rates in the country. Those costs could rise even faster over the next decade, as utilities harden their grids against wildfires, grow their share of net-metered rooftop solar, and add other costs being passed through to utility customers.

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The Return on Investment (ROI) of Sustainable Business

Green Business Bureau

The ROI Of Sustainability in Business. There is general consensus among business leaders and investors that business success today requires a commitment to sustainability. There is company risk in not being sustainable, both to the planet and to the business. The Business Case for Sustainability Programs.

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Smart Energy Finances: Glasgow’s SMS acquires heat pump specialist

Smart Energy International

Glasgow-based Smart Metering Systems (SMS plc), an energy infrastructure company, has acquired the domestic services division of Manchester-based heat pump specialist Evergreen Energy, which imports and distributes European-made renewable energy products.