Market Making For Renewables. As FERC orders 2222 and 841 make its way through rule making, we’ve already seen that energy storage and DERs are providing new revenue streams in the market. In many ways, storage lets asset owners commoditize the generation source and no longer exporting the energy when its made but when its most valuable. If we learned anything during the Texas winter storm is that ancillary services can be incredibly valuable and that hedges for renewables are actually must deliver contracts. From here I expect that we will see more folks opting for merchant over hedges and many more revenue streams for storage to come. Those revenue streams will accelerate renewables development that no longer needs the off take agreement to get the project to NTP.
Best Use Land Value. The Real Deal has land value in upstate New York going up at the best use case for solar development. Seems to me that all of those land owners are then moving to my neighborhood in Florida.
A Job That Never Opens. A few months ago Adam Browning from Vote Solar announced his departure which means we now have a job opening that has never existed in the 17 years that I’ve been in solar. You can apply to be the executive director of Vote Solar which is a great way to earn a living. So if this job is for you, you can read about it and apply here. If you apply and get the job, I expect a board nomination in return!
- PV-Magazine: Renewables deserve better approaches to resource adequacy – ACORE
- Axios: Cautious hope for CO2 capture after “false starts”
- Utility Dive: 8 states, DC urge FERC to reject EEI, Eversource call to drop competition for transmission projects
- New York Times: Can New York Really Get to 100% Clean Energy by 2040?
- The Hill: Stacey Abrams nominated to board of solar energy firm
- The Real Deal: Manhattan luxury market logs best Thanksgiving week ever
Opinion
Best, Yann