Politics And Pursuit Of None. I agree with Invenergy’s founder, Michael Polsky, that renewable energy would be better off without politics but the same could be said about most industries. Energy on the other hand is one of the most regulated industries because they are monopolies for most Americans and the trillions of dollars that exchange hands. So let’s agree that the energy markets will never exist without politics. Then agree on the next reality that is that in order to survive, grow and thrive, renewable energy markets need to win the politics of every moment. Not enough CEOs in our industry prioritize the public policy aspects of their jobs and the resources that need to be leveraged in order to advance our causes. We’ve come far, SEIAs budget is like 300x what it was 25 years ago for example and the public’s support of solar and storage is exceedingly high but when it comes to the regulators at local, state and federal levels, we are outnumbered by the incumbents that live in the nuance that is regulatory policies.
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Opinion
News
1 PV-Magazine:
The top five states for solar deployment in 2023
2 Axios:
What Biden's State of the Union revealed about his climate plans
3 Wall Street Journal:
He’s a Renewable-Power Billionaire, Not an Environmentalist
4 Utility Dive:
Federal lawmakers urge FERC to adopt ‘shared savings’ incentive for grid-enhancing technologies
5 Bloomberg:
China Coal Group Says Peak Demand Imminent as Clean Power Grows
6 Reuters:
Off-grid solar has the potential to transform healthcare delivery, so why is it in short supply?
7 PV-Tech:
Solar manufacturers responsible for module recycling in EU
8 Energy Storage News:
Developer NatPower claims 60GWh UK BESS plans
9 Canary Media:
Chart - US smashes record for climatetech investment in 2023
Opinions:
10 Renewable Energy World:
Renewable energy industry reacts to Joe Biden’s State of the Union address
Have a great day!
Yann
Phoenix Infocast. I’m coming back! I’ll be in Phoenix on Monday and Tuesday for the Infocast Solar + Wind conference. Would love to see many of you again, if you’re going reach out and say hello. Especially if you’re looking for some support on your energy storage projects!
Opinion
News
1 Washington Post:
Amid explosive demand, America is running out of power
2 Bloomberg:
Solar Panels Spread Across America's Heartland as Farmers Chase Stable Returns
3 S&P Global:
ISO New England forecasts about 3.5 GW solar output decline during April solar eclipse
4 Utility Dive:
MISO proposes up to $23B transmission expansion with 765-kV ‘highway’
5 New York Times:
Live Updates
6 Axios:
Podesta touts Biden's climate law, lays out COP29 vision
7 Reuters:
US solar wafer build stutters as Chinese surplus bites
8 Energy Storage News:
Regulator in Germany approves TSO Amprion’s decentralised grid booster BESS
9 Heatmap News:
Bitcoin Has a Feel-Good Energy Story
Opinions:
10 PV-Magazine:
Policy recommendations to support U.S. rooftop solar installation
Have a great day!
Yann
50Billion. With 32GW installed last year spanning from utility scale to residential, I would presume we’re close to the $50billion mark especially with project finance giving a 2 for 1 in the construction to perm markets. Add on the storage growth, we’ll cross the $100billion market size soon and keep growing. It’s not just for fun either, we’ve talked about how the market is based on load growth and more energy needs across the board. This has to come from reliable and cheap sources like solar which made up 53% of the new capacity last year.
Premium? What’s your view on domestic versus not? Can you justify and get your investors, board and shareholders comfortable with committing to domestic supply chain or is it economics above all? Would love your thoughts on this.
Phoenix Infocast. I’m coming back! I’ll be in Phoenix on Monday and Tuesday for the Infocast Solar + Wind conference. Would love to see many of you again, if you’re going reach out and say hello.
Opinion
News
1 Utility Dive:
U.S. deployed a record 32 GW of solar generating capacity in 2023 - SEIA
2 Renewable Energy World:
Wood Mackenzie - Solar accounted for 53% of new U.S. generation in 2023 and will keep growing
3 Bloomberg:
Sinking Solar Prices Seen as Threat to US Manufacturing
4 PV-Magazine:
California community solar market lies in limbo
5 Reuters:
Italy's green transition efforts held back by lack of big solar projects
6 Semafor:
After Big Oil’s waves of consolidations, Big Solar could be next
7 Solar Power World:
Import duties may soon be coming to aluminum solar racking
8 Energy Storage News:
EU launches energy storage investment platform Repono, targets 100GWh by 2030
Opinions:
9 Canary Media:
One big downside of LNG exports
Have a great day!
Yann
Opinion
Best, Yann
News
1 PV-Magazine:
This Biden era law has spurred $240 billion in clean energy investment and 170,000 jobs
2 Solar Power World:
Final IRS rules released on IRA direct pay and transferability
3 Axios:
White House moves to stem wave of Chinese EVs
4 Reuters:
The Netherlands shines as key European energy transition driver
5 Heatmap:
Why the SEC’s New Climate Rules Matter
6 Canary Media:
A new Energy Department program aims to recycle wind turbine magnets
Opinions:
7 Utility Dive:
To expand EV charging, merge the gas station and electrify-everything models
Have a great day!
Yann
