Opinion
Best, Yann
News
1 Vox:
California is about to set the finish line for the EV race
2 Axios:
Democrats aren't out of the woods yet on energy prices
3 Bloomberg:
Australia Could Power the World and Its Green Ambitions Could Change Everything
4 PV-Magazine:
Ohm sees a 90% disconnect in California’s emergency electricity policy
5 PV-Tech:
China calls on its PV industry to deepen industrial management, develop ‘strategic alliances’
6 CNN:
Solar power is booming in Germany as Russia turns down the gas
7 Energy Storage News:
European battery startup FREYR opens Boston tech centre, appoints US VP of operations
8 Canary Media:
How a new national green bank could steer $27B to clean energy projects
Opinions:
9 New York Times:
Right and Wrong Ways to Address Climate Change
Have a great day!
Yann
Big Moment In Storage. When you walk into RE+ this year you’ll find that energy storage central is central to the conference. For a long time it’s been, when storage makes sense, and this year it will be about many industry participants trying to make sense of energy storage the ecosystem. There are manufacturers, packagers, inverter providers and companies that make this stuff work. On paper, storage has the path to trillions of deployed capital providing the flexibility and resilience that the grid needs. In practice, it will require asset owners and their partners managing their projects with much more granularity than when they managed solar plants.
It’s Getting Simpler. One of the biggest complexity for solar plus storage is leaving, that’s the ITC requirement that only solar generation fuel the battery. Removing that charging limitation, makes it a lot easier to design and operate plants.
Diving Into The Ecosystem. We’ll talk a lot about this because obviously I have a lot to say about the storage ecosystem given that FlexGen plays a central role on the downstream side. As mentioned above there are equipment suppliers, a complicated value chain given recent global events, that will get better over time. The question you’ll want to answer for yourself going into RE+ is what do you do when you receive those batteries and PCS units to your project site and how long will it take to commission it? And then, what could go wrong once you start turning on the revenue faucet?
All About Bankability. A storage ITC means that you also get a market that has not structured development for tax equity and there are very few tax equity providers that have done storage. One thing is for sure, bankability and track record will be the most important question after “what do you do?” and “does your stuff work?”. Having spent the past two weeks talking to infrastructure and tax equity investors about storage, software and control platforms are no longer an afterthought. It all matters…
Opinion
News
1 Energy Storage News:
FlexGen to deliver 100MW ERCOT portfolio for SMT Energy/Susi Partners
2 Axios:
Chart - America's surge of spending on clean energy
3 PV-TEch:
Inflation Reduction Act to add an extra US$110 billion in utility-scale solar investment by 2030
4 Bloomberg:
US Climate Bill’s Subsidy Bonanza Gives New Allure to Carbon Capture
5 Reuters:
U.S. natgas futures hit $10/mmbtu for first time since 2008
6 NPR:
As Germany struggles in energy crisis, more turn to solar to help power homes
7 Canary Media:
New software can find more room for clean energy on transmission grids
8 PV-Magazine:
Global study finds over half of consumers want net-zero homes
Opinions:
9 Utility Dive:
Why the energy transition broke the U.S. interconnection system
Have a great day!
Yann
Opinion
Best, Yann
News
1 New York Times:
Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
2 Reuters:
U.S. to spend more than $500 billion on climate over a decade under three laws, study says
3 Business Insider:
Russia's Gazprom announces surprise plans to shutter the Nord Stream 1 gas pipeline for 3 days
4 Bloomberg:
Shell Weighs Australia Wind Expansion Amid Clean Energy Push
5 Utility Dive:
GreenHat Energy, traders to pay $181M to settle PJM market manipulation allegations
6 Axios:
China's unrivaled 70-day heat wave
7 Canary Media:
Hawaii is about to get rid of coal power for good
8 PV-Magazine:
REC Silicon and Mississippi Silicon agreement bolsters U.S. solar supply chain
Opinions:
9 RMI:
Congress’s Climate Triple Whammy - Innovation, Investment, and Industrial Policy
Have a great day!
Yann
Opinion
Best, Yann
News
1 PV-Tech:
US could exceed 50GW of solar manufacturing capacity by 2030 thanks to IRA incentives, SEIA says
2 Utility Dive:
Rising fuel prices, Inflation Reduction Act incentives likely to spur rapid renewable energy growth - S&P
3 New York Times:
After Signing Climate Bill, Biden Prepares More Actions to Cut Emissions
4 Politico:
Energy secretary guardedly optimistic about gas prices
5 Bloomberg:
Power Crunch in Sichuan Adds to Industry’s Woes in China
6 Axios:
With cash and rebates, cities coax residents to swap cars for e-bikes
7 Energy Storage News:
ROUNDUP - US DER news on vehicle-to-grid, microgrids and grid services from residential batteries
8 PV-Magazine:
Historic drought and heat highlight need for rooftop solar in California
Opinions:
9 Reuters:
U.S. climate win may distort global net-zero race
Have a great day!
Yann
