With oil commodity pricing at some of the lowest numbers, the refineries are operating at some of the highest levels. I have been driving an electric car for the past 3 years, averaging 100 mpg with my 10kWh battery pack. Most days, I use all of the energy that I bought from my utility, FP&L. On the other hand I only visit the gas station every 6 to 8 weeks. The fact that refineries are operating at such a high level shows me that the utilities still don’t see the future. They can take market share from oil companies for the first time in history and drastically increase customer demand. Meanwhile EV owners are complaining that there are not charging stations in their neighborhoods.

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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.

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Yann


Look into every Governor’s mansion and then look at the most connected friends, advisors and lobbyists. In many, many instances, the closest to the Governors are also very close to the regulated utilities in the State. Nevada is a great example of it. Here is the greatest irony in energy today. When a regulated IOU asks to build a natural gas plant the present a cost study to build and operate the plant including a forward cost curve for the fuel costs that are expected. But who takes the fuel cost risk? Not the utility or the shareholders but the ratepayers. This, my friends, is likely the largest energy subsidy in the energy markets.

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Yann


Sunrun goes public and SolarCity goes South of the border. Solar IPOs have been following a trend. From SolarCity’s last minute save by lowering the pricing to $8 per share (now trades over $50) to today’s IPO pricing in the middle of the range and then an early drop. What seems to be happening is that solar savvy investors understand solar while the retail market is still struggling with it. Remember that almost all solar companies show a loss per share due to increased investments in assets to put on balance sheet. Over time this will even out when companies are able to rephrase what is actually happening. It’s all about marketing at the end of the day.

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Yann