Summer Electricity Bills Are on the Rise

Current conditions: Heat advisories are in effect across much of California • A large landslide buried cars in Taiwan • It is 70 degrees Fahrenheit and partly cloudy in Bonn, Germany, where delegates from 198 countries are gathering this week for the Bonn Climate Change Conference

THE TOP FIVE

1. IEA: World not on track to triple renewable capacity by 2030

A new report from the International Energy Agency released this morning concluded that the world isn’t yet on track to triple renewable energy capacity by 2030 compared to 2022 levels – an ambitious goal set last year at COP28 in line with limiting global warming to 1.5 degrees Celsius. But we’re not hugely far off: In examining countries’ unofficial energy policies, the IEA found we’re likely to increase renewable capacity by about 8,000 gigawatts by 2030, which is about 70% of the 11,000 GW goal. But these policies aren’t set in stone. In fact, very few countries (just 14) have included clear 2030 renewable targets in their climate action plans, known as nationally determined contributions (NDCs). The IEA wants countries to make these ambitions official when they revise those NDCs next year, but also urges them to move quickly on things like permitting and grid infrastructure expansion, and in general, aim higher. “The tripling target is ambitious but achievable – though only if governments quickly turn promises into plans of action,” said IEA executive director Fatih Birol.

2. U.S. energy bills expected to rise 8% this summer

U.S. household electricity bills are projected to rise by 8% on average this summer compared to last year, according to analysis from the National Energy Assistance Directors Association and the Center for Energy Poverty, and Climate. Costs are going up everywhere as Americans rely heavily on air conditioning to stay cool during intense heat. Here’s a look at expected summer electric bills across the country:

NEADA and CEPC

The report finds that “due to the unprecedented rise in summer temperatures and higher rates of extreme heat events,” summer energy bills have risen from an average cost of $476 in 2014 to a projected $719 this year. Low-income households will feel this financial strain the most because they spend a larger amount of their income (about 8%) on energy. Startlingly, the survey found that the percentage of customers that couldn’t pay their energy bills for one month or longer jumped from 21.3% to 23.5% last year, which saw the hottest summer on record. The largest increase was among households with children. The report calls for more efforts to ensure houses are weatherized, and installing heat pumps.

3. Researchers say climate change made Brazil floods more likely

The recent floods in southern Brazil, which have killed more than 170 people and displaced nearly 600,000, were made about twice as likely by human-induced climate change, according to an international group of researchers. The analysis from the World Weather Attribution also said the El Niño weather pattern played a big role in the disaster, increasing the risk by nearly five times and making rainfall between 3% and 10% more intense. Meanwhile, a bit farther north in Brazil’s “citrus belt,” orange growers are seeing a significant drop in crop production thanks in part to severe weather such as drought, disease, and pests. One research group is forecasting that the 2024-25 season could see production drop by a quarter. Brazil is the world’s top orange producer and exporter.

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4. Puerto Rico to install solar arrays designed to withstand high winds

An Australian company called 5B has designed solar arrays that can withstand some extreme weather. The 5B Maverick arrays are modular, fold up like an accordian for transporting, and can endure winds up to 166 mph. That makes them a good option for hurricane-prone areas like Puerto Rico, where 5B is installing 1,392 arrays, Electrekreported. Now, if only someone could design solar panels that can withstand the force of six-inch hail stones...

5B

5. Volvo to introduce EV battery passport

Volvo is rolling out a “passport” for EV batteries that will show the origin of the battery’s components as well as its carbon footprint, according toReuters. The passport rollout will begin with Volvo’s EX90 SUV before expanding to include all of Volvo’s EVs. Drivers will be able to access the passport by scanning a QR code on the driver’s-side door. The European Union is set to require battery passports for all EVs starting in 2027, but Reuters reported that U.S. automakers are taking notes, as rules for EV subsidies under the Inflation Reduction Act dictate where battery parts can be manufactured.

THE KICKER

The band Coldplay says it has reduced the carbon footprint of its latest world tour by nearly 60% compared to its 2016-17 tour using solutions like power-generating dance floors and bikes that charge the show’s battery system.