Sometimes MIT lacks some intellectual belief in where technology is and where it is going. After President Obama’s pledge to bring US energy to 50% renewable energy, MIT is saying that it is not possible without growth in nuclear as well. The reality, in my opinion, is that nuclear power capacity is reducing versus increasing given that Watts 2 is the latest plant trying to get started after having been started in the 90’s. Solar and wind plus storage, including storage in EV’s, is much more likely to electrify our renewable grid by 2025 than nuclear power.

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Yann


Here is something that Donald Trump will love President Obama for! The President announced a pledge to get 50% of North America’s power from renewable energy by 2025 in collaboration with Canada and Mexico. Currently, the system is at 37% which means that quite a bit of wind and solar needs to be added to the grid in the next 9 years. Canada is already ahead with its expansive hydro and Mexico needs to get moving which should be a positive outlook for the solar market we have all been waiting for. (Anyone have Mexico PPAs?)

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Yann


What does Brexit mean for solar? Nobody know because nobody really knows what it means, period. The short term effects are known however because the Pound has dropped over 10% which is an unfortunate turn for anyone that holds a British feed in tariff contract. The UK market was coming to an end from the removal of the feed in tariff but there was hope for the private market. The uncertainty of what the economic and political reality means is yet to come but in a business where we fight to shave 10 basis points off our costs, uncertainty can kill.

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Yann


These are the top 10 most read solar articles by your peers this week!

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The Top 10 is ranked by the number of SolarWakeup.com readers that clicked on the news article during the previous week. It is the poll of the most relevant solar news of the week as judged by your colleagues and competitors.

Have a great day!
Yann