Presented by T-Top Buddy, a perfect gift for Father’s Day.
Power loses to Healthcare. When the CEO of GE steps down, it has repercussions throughtout the giant company. It also creates some noise outside of the company to determine where the board, vis a vis shareholder value, sees the value coming from. Immelt’s largest acquisition was Alstom Power so there was some rumor that the energy unit could make its way to the corner office but it was not to be, the head of GE Healthcare will take the reigns. I can only imagine that GE saw a changing energy sector to a distributed grid at the same time GE Current wasn’t necessarily a huge success.
Research carries some weight. Research dollars often get a black eye when it comes to government spending. But with Trump’s new budget proposal (which isn’t going anywhere), big name CEOs have come out to protect the research money. I am most surprised by the US Chamber being on the list though the signatories are quite eclectic.
Regulators Rule The Day. When it comes to making an impact, we should focus on congressional seats first. The reason is because State Reps want to become members of Congress. You control a portion of that vote and you can control an issue. On the other hand, members of the regulatory body have an outsized ability to shape a State’s leadership or lack thereof when it comes to clean energy growth. The Northeast has quite the regulatory conferencing going on right now between NECPUC and the EEI conference. But more on EEI tomorrow perhaps.
- New York Times: A Stagnant General Electric Will Replace C.E.O. Jeff Immelt
- PV-Magazine: 14 industry heavyweights beg Congress not to slash research (Letter attached)
- RTO Insider: Regulators, Utilities See New Roles in Shifting Industry
- PV-Tech: Exclusive – UK installed 640MW of solar in Q1 2017
- Utility Dive: Vivint Solar will return to Nevada if Gov. Sandoval signs net metering bill
- The Guardian: Battery storage and rooftop solar could mean new life post-grid for consumers
- CleanTechnica: US Energy Dept. Makes Bonkers New Pitch For Distributed Solar Power
- Think Progress: Fossil fuel interests seek to kneecap North Carolina’s growing solar industry
Opinion
Have a great day!
Yann