Ed Zaelke, John Marciano Quoted in Urban Land on Renewable Energy as Urban Power Source
Akin Gump global project finance chair Ed Zaelke and partner John Marciano were quoted by Urban Land magazine, published by the Urban Land Institute, for its article “Three U.S. Cities Find Challenges and Successes in Their Bets on Renewables,” on the challenges and benefits for cities of converting entirely to renewable energy sources.
Among the challenges is that renewable energy service can be inconsistent. Zaelke noted in that regard that most municipalities need power 24 hours a day, while Marciano said that a mix of renewables is one solution to that problem: “Wind and solar can be produced at high levels, at different times of the day, and can be buttressed with biomass or geothermal. I’ve seen military bases do this, and data centers.”
Zaelke also pointed to power storage as a response to inconsistent renewable source power. While he noted cost and lack of storage capacity as cost-effectiveness problems for batteries, he said, “As battery technology becomes better developed, we’ll likely see municipalities go to a 100 percent renewable situation.”