Opinion
Best, Yann
News
1 Axios:
Hurricane Idalia is yet another test of America's aging power infrastructure
2 Canary Media:
Eos wins $400M DOE loan guarantee to build longer-lasting batteries
3 Bloomberg:
The Biggest Fossil Fuel Subsidies Are Indirect, and Bigger Than Ever
4 Utility Dive:
Treasury proposes regulations for IRA’s wage and apprenticeship requirements
5 Reuters:
Philippines to auction off 8-gigawatt power capacity in push for renewables
6 PV-Tech:
Clēnera signs PPA with Arizona Public Service for upcoming CO Bar solar and storage project
7 Energy Storage News:
Engie Chile starts building 418MWh BESS at solar PV plant
8 PV-Magazine:
Nexamp orders 1.5 GW of Heliene solar modules
Opinions:
9 Renew Economy:
AEMO says coal exits won’t trigger shortfalls if big batteries built on time
Have a great day!
Yann
It’s Open, All The Time. Last week, FlexGen officially opened its 24.7 remote operations center servicing energy storage asset owners for monitoring, reporting and performance analytics of those sites. This world class facility was purpose built for energy storage operations and one of the most exciting projects in my career. This comes in line with new product launches as the technology teams have shown innovation in ways that we weren’t expecting for years to come. Storage is driving grid reliance on the asset class faster than expected, meaning operators are having to keep up with new specifications and regulations, demanding more from batteries and the operating systems that keep them running. At the same time, revenues from batteries create a particularly important relationship between asset owners and the operations center. Over the past few months, I’ve learned that many systems are not actively monitored, reliably monitored and little to no analytics is performed on the data, and those systems deserve more.
Opinion
News
1 Solar Builder:
FlexGen Power Systems opens 24/7 remote operations center in North Carolina
2 Canary Media:
Redwood Materials lands $1B to boost its battery recycling efforts
3 Energy Storage News:
US residential energy storage firm FranklinWH raises US$25 million
4 Utility Dive:
1 year later, EV and battery projects dominate Inflation Reduction Act-driven investment
5 Reuters:
German court throws out lower grid operator returns set by regulator
6 PV-Magazine:
Model procedures for fixing distributed solar and storage interconnection
Opinions:
7 Bloomberg:
Australia Sees Power Gaps Over Next Decade as 62% of Coal Operations Shut Down
Have a great day!
Yann
Project Sunroof Monetizes. Google announced that it will be offering an API for rooftop solar data which has the projection of creating $100million in annual revenues in year 1. The data is said to include access to 350million properties and introduce the overlay of 30 days of air quality history. Will this be a must have feature in proposal tools or will resi solar look at this as an unnecessary addition to the data set?
Opinion
News
1 CNBC:
Google to begin selling maps data to companies building solar products, hopes to generate $100 million in first year
2 Utility Dive:
On clean energy tax credits, mayors want clearer federal guidance
3 PV-Tech:
SRE and HASI to build 250MW community solar projects in Illinois and Maryland
4 Bloomberg:
Texas Asked to Conserve Energy After Power Plant Outages
5 Axios:
Major Hurricane Idalia set to hit Florida's Big Bend coast as Category 4 storm
6 Reuters:
Fossil fuels' share in EU power mix at lowest level since records began -report
7 Washington Post:
What Gas Crisis? Europe’s Best Friend Is Also Its Worst Enemy
8 Energy Storage News:
US reached 12.7GW of BESS in Q2 but no ERCOT additions, says S&P
9 PV-Magazine:
Jaguar building large-scale storage system with second-life EV batteries
Opinions:
10 Canary Media:
Why the Gulf of Mexico’s first offshore wind auction wasn’t a smash hit
Have a great day!
Yann
Don’t Let Facts Get In The Way. Of a good story, or political talking point. Ever since the 2014 era ITC extension, solar has had to trade molecular fuels subsidies for its own extensions. Today, the US develops as much oil and gas as the global markets allow them to, with little to no say from the US federal government. In many ways, Riyadh determines how much oil is drilled in the US more so than DC but I digress. Politically, there is only one thing I really care about here which is something that I’ve complained about a lot, somewhat mitigated by the transferability of the tax credits but that’s the passive income rules that solar has to abide by that oil and gas does not. Democrat votes may complain about this leading up to 2024 but I expect the Biden administration to brag about the oil production ahead of the election while knowing that renewables are taking off with the IRA and EV impact on transportation is at its highest ever.
But Let’s Drill. More geothermal that is, check out my friend’s startup at XGS energy for another major player getting into the space.
News
1 Politico:
The U.S. is pumping oil faster than ever. Republicans don’t care.
2 Wall Street Journal:
Exxon Predicts World Will Miss Climate-Change Targets
3 Utility Dive:
The American power system is changing. How can electricity rates keep up?
4 New York Times:
There’s a Vast Source of Clean Energy Beneath Our Feet. And a Race to Tap It.
5 ABC News:
U.S. Secretary of Energy will visit Heliene & Nexamp on Aug. 30th
6 Axios:
FEMA allocates $3B for climate change as Congress stalls on disaster fund
7 Reuters:
MEDIA-Google to begin selling maps data to companies building solar products - CNBC
8 PV-Magazine:
Arizona approves cut to solar compensation rates
Opinions:
9 Bloomberg:
Bitcoin’s Dirty History Offers a Lesson for AI’s Future
Have a great day!
Yann
