This is your SolarWakeup for August 26th, 2022
Opinion
News
1 World Economic Forum:
The power couple - Why solar and storage are key to reducing geopolitical risk and securing access to energy
2 New York Times:
Why Europe’s Electricity Prices Are Soaring
3 Utility Dive:
Inflation Reduction Act has ‘direct impact’ on California net energy metering modeling, utilities say
4 Energy Storage News:
Big names, small battery systems - US residential energy storage in focus
5 Bloomberg:
Surviving Energy Bills Forces Drastic Steps by UK Businesses
6 Reuters:
California to cover canal with solar panels in experiment to fight drought, climate change
7 PV-Tech:
California’s Senate passes Solar Access Act designed to speed up residential PV permitting
8 Canary Media:
How much money can you save under the new climate law?
Opinions:
9 PV-Magazine:
To PTC or ITC, that is the financial question
Have a great day!
Yann
This is your SolarWakeup for August 25th, 2022
Opinion
News
1 Vox:
California is about to set the finish line for the EV race
2 Axios:
Democrats aren't out of the woods yet on energy prices
3 Bloomberg:
Australia Could Power the World and Its Green Ambitions Could Change Everything
4 PV-Magazine:
Ohm sees a 90% disconnect in California’s emergency electricity policy
5 PV-Tech:
China calls on its PV industry to deepen industrial management, develop ‘strategic alliances’
6 CNN:
Solar power is booming in Germany as Russia turns down the gas
7 Energy Storage News:
European battery startup FREYR opens Boston tech centre, appoints US VP of operations
8 Canary Media:
How a new national green bank could steer $27B to clean energy projects
Opinions:
9 New York Times:
Right and Wrong Ways to Address Climate Change
Have a great day!
Yann
This is your SolarWakeup for August 24th, 2022
Big Moment In Storage. When you walk into RE+ this year you’ll find that energy storage central is central to the conference. For a long time it’s been, when storage makes sense, and this year it will be about many industry participants trying to make sense of energy storage the ecosystem. There are manufacturers, packagers, inverter providers and companies that make this stuff work. On paper, storage has the path to trillions of deployed capital providing the flexibility and resilience that the grid needs. In practice, it will require asset owners and their partners managing their projects with much more granularity than when they managed solar plants.
It’s Getting Simpler. One of the biggest complexity for solar plus storage is leaving, that’s the ITC requirement that only solar generation fuel the battery. Removing that charging limitation, makes it a lot easier to design and operate plants.
Diving Into The Ecosystem. We’ll talk a lot about this because obviously I have a lot to say about the storage ecosystem given that FlexGen plays a central role on the downstream side. As mentioned above there are equipment suppliers, a complicated value chain given recent global events, that will get better over time. The question you’ll want to answer for yourself going into RE+ is what do you do when you receive those batteries and PCS units to your project site and how long will it take to commission it? And then, what could go wrong once you start turning on the revenue faucet?
All About Bankability. A storage ITC means that you also get a market that has not structured development for tax equity and there are very few tax equity providers that have done storage. One thing is for sure, bankability and track record will be the most important question after “what do you do?” and “does your stuff work?”. Having spent the past two weeks talking to infrastructure and tax equity investors about storage, software and control platforms are no longer an afterthought. It all matters…
News
1 Energy Storage News:
FlexGen to deliver 100MW ERCOT portfolio for SMT Energy/Susi Partners
2 Axios:
Chart - America's surge of spending on clean energy
3 PV-TEch:
Inflation Reduction Act to add an extra US$110 billion in utility-scale solar investment by 2030
4 Bloomberg:
US Climate Bill’s Subsidy Bonanza Gives New Allure to Carbon Capture
5 Reuters:
U.S. natgas futures hit $10/mmbtu for first time since 2008
6 NPR:
As Germany struggles in energy crisis, more turn to solar to help power homes
7 Canary Media:
New software can find more room for clean energy on transmission grids
8 PV-Magazine:
Global study finds over half of consumers want net-zero homes
Opinions:
9 Utility Dive:
Why the energy transition broke the U.S. interconnection system
Have a great day!
Yann
This is your SolarWakeup for August 23rd, 2022
Opinion
News
1 New York Times:
Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
2 Reuters:
U.S. to spend more than $500 billion on climate over a decade under three laws, study says
3 Business Insider:
Russia's Gazprom announces surprise plans to shutter the Nord Stream 1 gas pipeline for 3 days
4 Bloomberg:
Shell Weighs Australia Wind Expansion Amid Clean Energy Push
5 Utility Dive:
GreenHat Energy, traders to pay $181M to settle PJM market manipulation allegations
6 Axios:
China's unrivaled 70-day heat wave
7 Canary Media:
Hawaii is about to get rid of coal power for good
8 PV-Magazine:
REC Silicon and Mississippi Silicon agreement bolsters U.S. solar supply chain
Opinions:
9 RMI:
Congress’s Climate Triple Whammy - Innovation, Investment, and Industrial Policy
Have a great day!
Yann
This is your SolarWakeup for August 22th, 2022
Opinion
News
1 PV-Tech:
US could exceed 50GW of solar manufacturing capacity by 2030 thanks to IRA incentives, SEIA says
2 Utility Dive:
Rising fuel prices, Inflation Reduction Act incentives likely to spur rapid renewable energy growth - S&P
3 New York Times:
After Signing Climate Bill, Biden Prepares More Actions to Cut Emissions
4 Politico:
Energy secretary guardedly optimistic about gas prices
5 Bloomberg:
Power Crunch in Sichuan Adds to Industry’s Woes in China
6 Axios:
With cash and rebates, cities coax residents to swap cars for e-bikes
7 Energy Storage News:
ROUNDUP - US DER news on vehicle-to-grid, microgrids and grid services from residential batteries
8 PV-Magazine:
Historic drought and heat highlight need for rooftop solar in California
Opinions:
9 Reuters:
U.S. climate win may distort global net-zero race
Have a great day!
Yann
This is your SolarWakeup for August 19th, 2022
Opinion
News
1 CNBC:
Goldman says battery storage, hydrogen and other clean energy stocks are where investors should be
2 Utility Dive:
Justice Department, FTC urge FERC to expand competition for building new transmission, deny utility exclusivity
3 Bloomberg:
Transcript - Why We Need to Build a More Robust Power Grid
4 Axios:
Climate change is a secret driver of inflation
5 PV-Tech:
REC Silicon’s planned Moses Lake reopening underpinned by Inflation Reduction Act, CEO says
6 Energy Storage News:
ESS Inc ramps iron flow battery production capacity to 500MWh, signs 12GWh Australia deal
7 PV-Magazine:
Solar industry eyes 50 GW of manufacturing capacity by the end of this decade
8 Reuters:
U.S. climate win may distort global net-zero race
Opinions:
9 RMI:
Four Ways the Inflation Reduction Act Speeds the Shift to a Cleaner, More Affordable Energy Future
Have a great day!
Yann
This is your SolarWakeup for August 18th, 2022
Opinion
News
1 New York Times:
Wall Street Doesn’t Hate This Spending Bill
2 Politico:
How drought threatens the power grid
3 Reuters:
Californians urged to cut power use during extreme heat
4 Renew Economy:
BlackRock to push battery limits and new markets with eight hour storage and inertia
5 Utility Dive:
New ERCOT CEO Pablo Vegas must address soaring energy costs, market observers say
6 Energy Storage:
Swiss fund manager SUSI acquires 100MW Texas BESS development portfolio
7 PV-Magazine:
Shoals reports record Q2 revenue, profit despite challenges
Opinions:
8 Canary Media:
Buckle up
Have a great day!
Yann
This is your SolarWakeup for August 17th, 2022
Biden Signs The IRA. Time to develop, fund and build. Get to work! Personal plug, if you need energy storage integration, come find me at RE+
News
1 Politico:
Biden signs sweeping climate and health care bill into law
2 Utility Dive:
Solar developer Nexamp to lead National Grid interconnection pilot
3 Bloomberg:
Solar Giant Hanwha Weighs US Expansion With Massive New Facility
4 Vox:
The US finally has a law to tackle climate change
5 PV-Tech:
Shoals beats ‘challenging environment’ with record revenue and profit in Q2
6 Energy Storage News:
BlackRock commits AU$1 billion capital for Australian battery storage developer’s 1GW buildout
7 Canary Media:
How Puerto Rico could call on rooftop solar to avoid blackouts
8 PV-Magazine:
Generac to dispatch residential energy storage and services for APS
Opinions:
9 Reuters:
Analysis - U.S. renewables investors see Senate bill sparking gold rush
Have a great day!
Yann
This is your SolarWakeup for August 16th, 2022
Biden To Sign IRA. You can read my extended thoughts on the IRA if you missed it this weekend, here.
News
1 ABC:
Biden to sign major health, climate and tax bill Tuesday at White House ceremony
2 Energy Storage News:
What the Inflation Reduction Act can do for energy storage, a lawyer’s viewpoint
3 Bloomberg:
California Seeks More Time to Overhaul Rooftop-Solar Subsidy
4 Politico:
Buying an electric vehicle? Might want to pay up fast.
5 Utility Dive:
Utility leaders hail clean energy tax incentives as House sends historic climate bill to Biden’s desk
6 Axios:
Saudi Aramco posts record quarter for profitability
7 PV-Tech:
RWE’s renewables unit returns to profitability, company invests US$2 billion in H1
8 PV-Magazine:
Over 3 GW of solar panels have been held in US customs under forced labor law
Opinions:
9 Solar Builder:
Demand and response
Have a great day!
Yann
This is your SolarWakeup for August 15th, 2022
Biden To Sign IRA. You can read my extended thoughts on the IRA if you missed it this weekend, here.
News
1 Grist:
House passes the Inflation Reduction Act, the ‘most significant climate bill in US history
2 New York Times:
A Detailed Picture of What’s in the Democrats’ Climate and Health Bill
3 Axios:
Congress sends $740 billion tax, health, and climate bill to Biden's desk
4 PV-Tech:
Massachusetts governor signs climate bill with support for solar, clean energy mandates
5 PV-Magazine:
FlexGen launches modular C&I battery
6 Energy Storage News:
ESS Inc ramps iron flow battery production capacity to 500MWh, signs 12GWh Australia deal
7 Canary Media:
Energy storage wins a long-sought victory with the Inflation Reduction Act
Opinions:
8 Utility Dive:
FERC commissioners press financial giant Vanguard over possible efforts to influence utility power portfolios
Have a great day!
Yann
