It’s All About The Jobs. I got this link from the Secretary of Energy, who posted the article about global cleantech job growth over the weekend. The demand is at an all time high for our services, as energy prices rise across the Country, and therefore the need for talent is as well. I’ll highlight the need for job seekers to network at SPI and think about where the puck is going, I always find the best talent through introductions from folks that I have worked with and are willing to vouch for someone. The same is true for recruiters, building those relationships before the need arises. Speaking of jobs, come work for me at FlexGen, a new posting for Business Development Director is out in time for SPI.
An SPI To Learn. We’re coming back together at SPI for the first time in 3 years and for the first time, many of us will have the benefit of learning about new things. Energy storage is part of this market in a big way but not everything is well understood. Not everyone manufacturers and not all manufacturers commission the batteries and almost none of the manufacturers make the software that makes the batteries run. Learn more about the storage ecosystem and the industry’s leading EMS service provider, FlexGen (#2792).
News
1 Quartz:
More people now work in clean energy than in fossil fuels
2 Utility Dive:
Retail electricity prices continue rapid rise; US homes could pay more than 15 cents/kWh next year - EIA
3 Axios:
Biden's big climate bill isn't a venture capital fund
4 Reuters:
Tropical storm threatens to fan California wildfires, but will cool off state
5 PV-Tech:
Maxeon Solar Technologies parts ways with CEO as it eyes ‘next phase of growth’
6 Solar Power World:
Residential solar batteries helped California’s grid with peak power during heatwave
7 Energy Storage New:
New York’s state government backs long-duration energy storage projects
9 PV-Magazine:
Solar in the U.S. is forecast to triple in five years
Opinions:
10 Bloomberg:
California's Green Dreams Mean Adding More EVs to a Rickety Grid
Have a great day!
Yann
Opinion
Best, Yann
News
1 Axios:
BlackRock strikes back at ESG critics
2 Energy Storage News:
California’s fleet of battery storage working to avert energy crisis
3 Canary Media:
California is finally unlocking community solar for the masses
4 CNBC:
Biden’s climate change bill may produce your next job, and a half-million careers in all
5 Bloomberg:
Europe’s Summer of Record Solar Power Saved Billions of Euros
6 Solar Builder:
Inflation Reduction Act boosts U.S. solar market projections by 40 percent
7 New York Times:
How California Officials Are Trying to Keep the Lights On
8 PV-Magazine:
Solar inverter reactions to forest fires analyzed
Opinions:
9 Reuters:
India power demand growth rate seen nearly doubling in next five years
Have a great day!
Yann
Opinion
Best, Yann
News
1 New York Times:
Clean Energy Projects Surge After Climate Bill Passage
2 Axios:
California's power grid holds up, so far, during record heat wave
3 Reuters:
Energy crisis an 'existential threat' to EU metal production -Eurometaux
4 Utility Dive:
MISO opens energy, operating reserve markets to storage with over 13 GW in interconnection queue
5 Bloomberg:
Public Backs Wind and Solar to Reduce UK Energy Bills - Poll
6 Energy Storage News:
US needs to ‘leapfrog’ to next gen technologies for energy storage
7 Vox:
The real reason a heat wave is pushing California’s power grid to its limits
8 PV-Tech:
Cypress Creek Renewables closes on US$216 million financing for Texas PV project
9 PV-Magazine:
Fully operational residential microgrid will help power exhibits at RE+
Opinions:
10 World Economic Forum:
Floating solar farms - what are they and can they help us reach net zero?
Have a great day!
Yann
It’s About Saving Economies. The gravity of the work we’ve been doing has always been an undertone to our pitch. Reading this week’s headlines you see how close to blackouts California is in the midst of a heat wave, grid operations are also stretched to the limits in ERCOT and MISO. Europe is also dealing with unstable fuel supply with ongoing aggression by Russia. Every solar panel and battery, matched with local resources like demand response needs to work in tandem so that not only is a capacity reserve on the generation side but also a more resilient and intelligent flexibility on the demand side of the grid.
Development And Supply. There is insatiable demand and unlimited capital for solar and storage projects. The issue that slows deployment is in approvals, interconnections, and availability for supply. One of the things that will come out at SPI is that procurement is not based on a single project or portfolio, instead focusing on filing out the entire business plan of development over multiple years.
Politics Still Misses The Point. Meanwhile the California legislature is trying to stop community solar, right when the grid and consumers are benefiting most from solar.
Opinion
News
1 Barron’s:
European Natural Gas Prices Spike as Russia Keeps Pipeline Closed Indefinitely
2 Axios:
California warns power outages "very possible" as heat strains supply
3 Utility Dive:
California exempts energy storage from subdivision rule to accelerate deployment
4 Bloomberg:
World Spending on Cables Will Have to Rival Solar and Wind Power
5 Reuters:
California power grid threatened by record heat wave as wildfire risk rises
6 PV-Tech:
Reliance Industries buys 80% stake in US solar software company SenseHawk
7 Energy Storage News:
CATL, Narada among top performers in DNV’s 2022 ‘Battery Scorecard’
8 PV-Magazine:
Residential solar to add 340,000 workers in five years, says U.S. installer survey
Opinions:
9 Canary Media:
As the wealthy go electric, who will pay for aging gas infrastructure?
Have a great day!
Yann