Market For Resilience. Grid operators are starting to ponder what the tradeoff for resilience may have to be because urgency without the will to act or create new markets. The issue isn’t just around resilience but also the need for more generation. As I type this, ERCOT just peaked out at 84.9GW of demand. If you recall, it broke the 80GW demand just a few weeks ago. Therein sits the predicament around interconnection queues and robust markets with infrastructure that needs updating. If consumers want and need more energy, that resource must come from somewhere and most likely that somewhere is solar and wind. At the same time the grid needs to enhance its capabilities to manage the ebbs and flows to match generation with demand as well as where the energy needs to flow. These are big problems that can be solved with action and willingness to create markets.
Opinion
News
1 Bloomberg:
Texas Power Prices Surge 6,000% as Grid Calls for Conservation
2 Axios:
Electricity companies face calamity as climate warms
3 Reuters:
Analysis - A year on, Europe less fearful of U.S. green subsidies push
4 PV-Tech:
Origis Energy establishes US$750 million fund to add 2GW of US solar and storage
5 Energy Storage News:
US reached 5.4GW/15.2GWh of co-located energy storage by end-2022, LBNL says
6 Canary Media:
Your cheat sheet to the climate law’s consumer incentives
7 PV-Magazine:
Texas attorney general - Counties cannot block solar development
Opinions:
8 Utility Dive:
Virtual power plants - Resource adequacy without interconnection delays
Have a great day!
Yann
Opinion
Best, Yann
News
1 Reuters:
Biden touts Inflation Reduction Act on first anniversary
2 Axios:
Tracking the flow of clean-energy investment
3 Canary Media:
The US climate law is fueling a factory frenzy. Here’s the latest tally
4 Bloomberg:
California’s Fear of Blackouts Blocks Goal of Fossil-Free Future
5 PV-Tech:
US EV charging network Electrify America opens 75MW solar project
6 Energy Storage News:
FERC interconnection reform welcome but plenty of work to do, says energy storage industry
7 PV-Magazine:
Domestic content guidance on solar cells and structural steel
Opinions:
8 New York Times:
Climate Change Was on Trial in Montana
Have a great day!
Yann
Opinion
Best, Yann
News
1 Axios:
The new climate law is upending the solar landscape
2 Reuters:
Yellen upbeat on US economy, says Bidenomics is driving investment, job growth
3 Energy Storage News:
Grid-scale battery boom as US quarterly installs go up 32%, pipeline grows 45% year-on-year
4 Bloomberg:
How Carbon Capture Is Getting New Life With US Help
5 New York Times:
China’s Two Climate Directions
6 PV-Tech:
Community solar has potential to generate 1.75GW of electricity in Wisconsin
7 Canary Media:
The US passed a major climate law one year ago. Here’s how it’s going
8 PV-Magazine:
Over 155 GW of U.S. solar manufacturing announced in one year
Opinions:
9 Politico:
EU blindsided by ‘spectacular’ solar rollout
Have a great day!
Yann
Time To Collaborate. Service and commodity businesses serving the residential solar market are both profitable and having a moment of struggle as NEM 3.0 reset and high interest rates slow new consumer adoption. I’ve seen the residential solar market from many angles and have spoken personally to more than a 1,000 of owners of various sizes. Tinkering with the Buyer’s Group concept a few years ago and running QuickMountPV, I realize that bringing installers together make a lot of sense for stability and profitability of the installer. It would take 50+ installers to commit to group purchasing but the lowest hanging fruit of racking and financing could shave 25+ cents per watt off the total cost.
Opinion
News
1 New York Times:
The Clean Energy Future Is Arriving Faster Than You Think
2 Politico:
Democrats’ climate law set off a wave of energy projects in GOP districts. A backlash followed.
3 Canray Media:
US announces first winners in $3.5B carbon removal program
4 PV-Magazine:
Sunlight Financial challenged to sell $550 million in residential loans
5 Axios:
The fastest-growing U.S. cities are roasting in extreme heat
6 Bloomberg:
Solar Built on Trash Offers Solution to Renewable Energy’s Space Problem
7 Reuters:
Dubai's DEWA selects Abu Dhabi's Masdar to construct solar park
8 PV-Tech:
Greenbacker US$148 million tax equity financing for ‘one of first’ US solar projects to get PTC
9 Energy Storage News:
Gridmatic launches US$50 million fund to manage BESS projects in ERCOT and CAISO
Opinions:
10 McKinsey:
Enabling renewable energy with battery energy storage systems
Have a great day!
Yann
