Here It Comes. PJM’s auction is bad for everyone and it’s worse because we knew this was coming years ago. Reaching the price cap and STILL falling short on capacity is a recipe for consumers that don’t have the desired outcome when they hit their light switch.
Policy 180. After my commentary from last week highlighting Senator Schatz’s disappointment in a clean energy trade association, the association pulled their support from the SPEED Act. But alas, it was too later, as the House passed the bill yesterday.
News
1 Canary Media:
PJM’s capacity costs hit record as grid falls short on supply
2 Reuters:
US House passes bill to speed permitting for big energy projects
3 Politico:
Clean energy industry group pulls support for permitting bill after GOP changes
4 Utility Dive:
Court agrees to rehear $14B climate funding freeze case
5 Bloomberg:
California Cuts PG&E’s and Edison’s Profits for Grid Investments
6 Axios:
America's data center growth hot spots, mapped
7 PV-Tech:
T1 Energy begins construction at 2.1GW TOPCon cell manufacturing facility in Texas
8 Solar Power World:
Environmental and renewable energy groups sue IRS, Treasury
9 PV-Magazine:
Machine learning models identify hidden physical defects in solar arrays
Opinions:
10 Energy Storage News:
ERCOT BESS revenue ‘roller coaster’ is a feature, not a bug
Have a great day!
Yann
Opinion
Best, Yann
News
1 Bloomberg:
US Lawmakers Investigate Big Tech’s Role Pushing Up Power Bills
2 Reuters:
Why corporates are getting real on renewables purchasing
3 Utility Dive:
Clean energy industry preps ahead of impending FEOC guidance
4 New York Times:
Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
6 PV-Tech:
Acciona Energia sells stake in 1.3GW US solar PV portfolio
7 PV-Magazine:
U.S. Q3 energy storage deployment grows 31% year-over-year
Opinions:
8 Canary Media:
Texas’ energy market redesign could leave battery developers in limbo
Have a great day!
Yann
Opinion
Best, Yann
News
1 Bloomberg:
Green Stocks Are Big Winners as Tech Boom Drives Energy Demand
2 Utility Dive:
Grid-scale battery energy storage systems face heightened risk of cyberattack
3 New York Times:
The Oilman Who Pushed Trump to Go All In on Fossil Fuels
4 Reuters:
How tight supply, AI demand propelled copper towards $12,000
5 PV-Tech:
US solar PV companies are not waiting for FEOC guidance – Crux survey
6 Energy Storage News:
Li-ion battery pack prices fell 8% since last year despite metals prices rising, BloombergNEF says
7 Canary Media:
Permitting talks are back, and clean energy is caught in the middle
8 PV-Magazine:
Analysis finds “anytime electricity” from solar available as battery costs plummet
Opinions:
9 Axios:
Why Trump's first offshore drilling lease sale didn't wow the oil industry
Have a great day!
Yann
Juicy DC Inside Baseball. I know many of you miss my fun inside baseball stories so I thought I would revisit the old days for a minute because this one caught me off guard because I’m not on X anymore. Last week, as the Senate was working on the SPEED Act, which portrays itself to be a permitting reform bill, one clean energy trade group signed on to support the Act. This is not uncommon but what is both rare AND surprising (i.e. shocking) is that a senior Senator publicly, loudly and transparently comes after that trade group. I would presume that there were behind the scenes discussions on this topic that I am not privileged to hear but juicy indeed. Here is Senator Schatz’s twitter, feel free to go into this rabbit hole on this while you grab a bag of popcorn. I am reattaching a story from yesterday to the rundown today because they are related.
Opinion
News
1 Reuters:
Wind and solar power frozen out of Trump permitting push
2 PV-Magazine:
Solar, storage, and demand-side resources offer least-cost path in Kentucky, study finds
3 Bloomberg:
German Power Shortage Threatens From 2031, Grid Operator Warns
4 New York Times:
New York Was a Leader on Climate Issues. Under Hochul, Things Changed.
5 PV-Tech:
SEIA appoints Darren Van’t Hof as interim president and CEO
6 Energy Storage News:
Battery storage assets in Europe could see 3% ROI uplift with 15-minute trading, Rystad says
7 Canary Media:
The man behind the fall of offshore wind
Opinions:
8 Financial Times:
The hidden cost of ultra-cheap solar power
Have a great day!
Yann
