A week on the west coast is catching up, jet lag and getting new work done is shortening the summaries you are expecting. More on my current consulting work coming next week, excited to share this with you soon. Don’t forget to meet up at future events including COSEIA and Midwest Solar Expos.
NRG 360 Complete. It seems like yesterday when David Crane, the then CEO at NRG, wrote his memo on seeing the future for NRG to be away from coal and dirty fuels. After years of attempting the 180, the current CEO has had to acquiesce to activist investors and sold off controlling share in the NRG Yieldco and raised further cash selling the renewable energy unit. This is all quite complicated but the NRG renewable energy unit is worth quite a bit of money, which shows where we’ve come. In a week where two yieldcos have gone private for significant sums, solar plays in the big leagues but will do so in a more private setting.
EIA Doh. The EIA is an official joke. In the annual energy outlook there are two numbers that I find laughingly silly. By 2050, EIA expects solar to be 14% of total generation. More ridiculous is that EIA believes that 19% of car sales will be electric and hybrid cars in 2050. Both of those expectations are more in line with 2030 or even 2025. If 75% of car sales in 2050 aren’t electric or hybrid, I would be amazed.
EU Joins Everyone Else. Who isn’t taking the US to the WTO?
Do You Blockchain? Catch the latest podcast here and my conversation about blockchain. Short and to the point, it’s a good introduction to the topic. Rate on iTunes if you want to help me out.
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- Bloomberg: NRG Divesting $2.8 Billion in Assets Following Singer’s Push
- EIA: Annual Energy Outlook 2018
- Reuters: EU seeks U.S. compensation for solar panel tariffs – WTO
- SolarWakeup: Blockchain and Solar In Power Markets With LO3 Energy and Nat’l Grid, SolarWakeup Live! New York
- CleanTechnica: Tesla Q4 Investor Letter Is All Sunshine & Rosy Predictions
- Utility Dive: AEP carbon reduction plan calls for more than 8 GW of renewables
- Las Vegas Sun: Switch announces big Gigawatt 1 joint solar project
- Inc: For the First Time in a Decade, the Solar Industry Is Shrinking
Opinion
Have a great day!
Yann