Opinion
Best, Yann
News
1 Utility Dive:
DOE, NARUC publish cybersecurity ‘baselines’ for utilities, distributed energy resources
2 Axios:
Wildfire in Texas Panhandle explodes into state's second-largest blaze
3 PV-Tech:
Array Technologies reports US$1.58 billion in revenue in 2023
4 Reuters:
First Solar swings to quarterly profit, forecasts higher sales in 2024
5 Bloomberg:
NRG Targeting $900 Million From Texas for New Gas Plants
6 Energy Storage News:
Europe - Rising battery storage markets playing catch-up to the UK’s lead
7 Heatmap News:
The Next Big Climate Tool - Little Chunks of Rock
8 PV-Magazine:
U.S. solar up 52% in 2023 as nation deploys 35.3 GW of capacity
Opinions:
9 Renew Economy:
How Australia’s newest big battery has cashed in on market volatility
Have a great day!
Yann
Opinion
Best, Yann
News
1 PV-Tech:
SunPower announces departure of CEO Peter Faricy
2 PV-Magazine:
Massachusetts lawmakers urged to adopt “million solar roofs” equivalent
3 Bridge Michigan:
$900M solar component factory to add 1,100 clean energy jobs in Michigan
4 Utility Dive:
Congressional action on energy permitting remains stuck, but states, developers are finding solutions
5 BLoomberg:
Trump's Green-Bashing and Europe's Right Put Climate Goals at Risk
6 Reuters:
US unveils $366 mln for clean energy in underserved, remote areas
7 Energy Storage News:
‘Battery developers were biggest winners’ in UK’s T-1 Capacity Market auction last week
8 Canary Media:
This report puts a price tag on the climate impacts of US LNG exports
Opinions:
9 Heatmap News:
Even Warren Buffett Thinks the Era of Private Utilities Is Over
Have a great day!
Yann
Let’s Do Some Quick Hits. Thank you to Standard Solar for the incredibly kind words about this newsletter. I know it shocks some of you when you find out that this isn’t my full time job but enough of you have been here long enough to know that I have a day job that is both fun and time consuming.
The Data Center Propportunity. This is a problem with a solution that creates an opportunity. Building data centers will be a necessity, based on your netflix consumption, your AI use and certainly your companies thirst for AI applications. But building a data center also needs to have access to energy (a ton of it) (yes, that’s scientific projection) as well as constant/100% reliable power. Rules then dictate that it will need backup generation which must also comply with environmental standards which oftentimes don’t mix well and local communities have a say about this as well. Add crypto to the mix and you have massive energy consumers fighting for the same resource which our industry is poised to deliver. So it’s a problem, that HAS to be solved, and an opportunity. Propportunity, trademarked by yours truly on this day.
News
1 Axios:
There's a power struggle brewing over crypto and AI — literally
3 Canary Media:
Texas will add more grid batteries than any other state in 2024
4 Utility Dive:
ERCOT, CAISO offer best grid interconnection processes; PJM, ISO-NE the worst, report finds
5 Renewable Energy World:
Interconnection ‘report card’ shows an ongoing struggle to connect new generation
6 Energy Storage News:
Over 1.8GW of energy storage clears in ISO New England’s latest Forward Capacity Auction
7 PV-Magazine:
Arizona approves “discriminatory” charge on rooftop solar customers
Opinions:
8 Bloomberg:
Exelon CEO Warns Cleaning the Grid Needs Higher Power Bills
Have a great day!
Yann
Strong Auction In ISONE. The northeast has a strong need for updates in its infrastructure, shown by the latest capacity auction that highlights what it will take to get more capex into the system. I’ve seen developers go through the planning and interconnection process given my colleagues support of them with PSCAD and PSSE planning endeavors which are not small achievements. This deployment of capital will ultimately mean more resilient and reliable energy for the consumers as well the ability to grow the economy with energy access for new facilities.
Opinion
News
1 Utility Dive:
New England capacity prices rise almost 40% in most recent auction
2 Bloomberg:
Apollo, Other Investors Commit $300 Million in Boost to SunPower
3 PV-Magazine:
U.S. residential solar prices drop, strong interest in storage
4 Renew Economy:
Europe’s largest solar module plant faces shutdown as company shifts focus to US
5 Axios:
What an SEC rule change says about the climate fight
6 PV-Tech:
Modernising grids and substantial investments key to ease connection queues
7 Solar Power World:
How grid-forming inverters will enable continuing growth of solar and grid reliability
8 Canary Media:
Chart - Nearly all new US power plants built in 2024 will be clean energy
Opinions:
9 GreenBiz:
How sustainability professionals can use their collective voice to speed climate progress
Have a great day!
Yann
