This is your SolarWakeup for November 3rd, 2022
Controls, Analytics, and Cybersecurity. As you buy your first battery in the Solar+ era, you’re likely overlooking scope, integration, configuration and most of all software. While traditional controls could do some of what you need, the energy storage era is going to create a financial upside that comes with additional responsibilities. The ISO may change the rules your first year of operations, just like ERCOT is doing right now and you’ve likely never heard of it (google FFR Advancement). You may also be adjusting your power marketing operations strategies to take advantage of new pricing signals. While a preventative maintenance check is occurring, a fault may trigger the asset to go into safe mode and stop revenue generation until a remote operations team dispatches the reset. While NERC figures out that energy storage assets are being built, you may be thinking that cybersecurity is important but how do you solve for it? That is where scalable software based solutions come into play that have the ability to adapt the configurations for your hardware, much like putting Microsoft Windows on your PCs, regardless of the brand of computers you bought. So as you read the top story about the Duke operations center, realize that energy storage brings a whole new segment of consideration for your asset management strategy.
News
1 Bloomberg:
How Duke Energy Controls Its Renewables From One Room
2 Axios:
Microsoft sees urgent need for more workers with climate skills
3 Reuters:
Energy crisis chips away at Europe's industrial might
4 PV-Tech:
Middle income US households accounted for a third of rooftop solar installs in 2021
5 Marketwatch:
Equinor in Deal to Buy Solar Project Developer BeGreen
6 Energy Storage News:
Ohio Power Siting Board gives approval for state’s first grid-scale battery storage project
7 Canary Media:
Electric school buses to get $1B boost from Biden administration
8 PV-Magazine:
U.S. to deploy 550 GW of new renewables by 2030
Opinions:
9 Utility Dive:
Storage, demand-side innovation, neighbors and a bit of luck — reliability lessons from summer 2022
Have a great day!
Yann
This is your SolarWakeup for November 2nd, 2022
Opinion
News
1 CNBC:
U.S. and UAE sign strategic partnership deal to spur $100 billion in clean energy investment
2 Utility Dive:
How the US plans to transform its lithium supply chain
3 Vox:
What’s at stake for Biden’s climate agenda in the midterms
4 Bloomberg:
Egypt’s Barren Fields Are Dire Bellwether for Climate Summit
5 Canary Media:
Puerto Rico will link up 7,000 solar systems to help its shaky grid
6 Reuters:
Google signs solar power supply deal with SoftBank-backed SB Energy
7 PV-Tech:
Meyer Burger board agrees capital raise to fund manufacturing buildout to 3GW
8 Energy Storage News:
European Union ‘recognises need for energy storage, now needs pathway to get there’
Opinions:
9 PV-Magazine:
Assessing capabilities of residential solar + storage systems amidst long-duration outages
Have a great day!
Yann
This is your SolarWakeup for November 1st, 2022
Opinion
News
1 PV-Tech:
First Solar records US$68 million loss in Q3 as it calls 2022 ‘foundational’ year
2 PV-Magazine:
Three open requests for information from the U.S. Solar Energy Technologies Office
3 Solar Power World:
IRA credits will boost domestic solar tracker manufacturing
4 Bloomberg:
Mexico, US Plan Clean-Energy Hub Along Border, AMLO Says
5 Reuters:
COP27 climate summit to test resolve of world battling war, inflation
6 Utility Dive:
NextEra says FPL’s speedy Hurricane Ian recovery could cost customers $1.1B
7 Energy Storage News:
California utility PG&E offers first V2G export rate for commercial EVs
8 Canary Media:
Heating will be costly this winter, but much less so with a heat pump
9 Axios:
Bolsonaro's defeat is a climate turning point
Opinions:
10 New York Times:
To Electrify the United States, We're Going to Need a Lot More Electricity
Have a great day!
Yann
This is your SolarWakeup for October 31st, 2022
Opinion
News
1 Utility Dive:
National Grid, DOE panelists call for ‘grid-enhancing technologies’ to quickly boost transmission capacity
2 Bloomberg:
Europe’s First Lithium Mine Agrees to Merge With SPAC
4 Guardian:
‘It’s got nasty’
5 PV-Tech:
JA Solar posts US$6.8 billion in revenue for Q3 as it begins N-type module delivery
6 Energy Storage News:
Arizona utility SRP to arrive at 800MW battery storage by mid-2024 with two new deals
7 PV-Magazine:
Nearly 4% of U.S. homes have solar panels installed
8 Vox:
Joe Biden just signed an international climate treaty. And Mitch McConnell voted for it.
Opinions:
9 Canary Media:
It’s time for solar microgrids to replace dirty diesel generators
Have a great day!
Yann
This is your SolarWakeup for October 28th, 2022
Opinion
News
1 Energy Storage News:
Goldman Sachs-backed GridStor buys 2GWh of California projects from Upstream Energy
2 Canary Media:
Enphase to manufacture solar inverters in US, spurred by new tax credits
3 Axios:
The UN's new climate warning
4 New York Times:
The Climate’s Improved Future
5 Reuters:
TerraPower, PacifiCorp to study 5 more advanced nuclear reactors
6 Solar Builder:
Bitcoin mining facility co-locates 87-MW solar farm
7 PV-Tech:
Sunnova doubles its revenue despite continued net loss
Opinions:
8 BLoomberg:
Sunnova doubles its revenue despite continued net loss
Have a great day!
Yann
This is your SolarWakeup for October 27th, 2022
Opinion
News
1 Reuters:
U.S. Treasury launches industry outreach on clean energy tax credits
2 Axios:
Climate change "isn't hippy sh*t," will affect every line of business
3 Bloomberg:
Apple Steps Up Plans to Cut Emissions Across Its Supply Chain
4 PV-Tech:
rPlus Energies nets 400MW/200MW solar-plus-storage PPA in Utah
5 Solar Power World:
A look inside the solar industry’s newest U.S. factory
6 Energy Storage News:
Masdar acquires UK battery storage developer Arlington Energy
7 Canary Media:
5 charts that shed new light on how people charge EVs at home
Opinions:
8 PV-magazine:
A globalized supply chain is key to cutting costs in solar module manufacturing
Have a great day!
Yann
This is your SolarWakeup for October 26th, 2022
Opinion
News
1 New York Times:
Some good news on energy
2 Axios:
Kerry speech lays out COP27 agenda, talks "loss and damage"
3 Utility Dive:
Texas solar and wind resources saved consumers nearly $28 billion over 12 years - report
4 Bloomberg:
More Solar Manufacturing Is Coming to the US Thanks to Climate Law
5 Reuters:
Singapore seeks to boost regional electricity imports by 2035
6 PV-Tech:
White House praises Lightsource bp for US clean energy investments
7 Energy Storage News:
Batteries included - Australia to launch National Critical Minerals Strategy
8 PV-Magazine:
South Carolina electric co-op pursues batteries and other alternatives to a proposed gas unit
Opinions:
9 Canary Media:
Why green banks should be able to finance upgrades to old buildings
Have a great day!
Yann
This is your SolarWakeup for October 24th, 2022
The Next 3 Years. With the IRA as tailwind, a grid lacking resilience and capital looking for yield the forecasts for energy storage growth is going through the roof. BNEF’s revised outlook now has the US adding 115GWh of energy storage over the next 3 years. That means nearly 100billion in capital deployed for energy storage projects, many of which are merchant or attached to solar projects. That capital is going to figure out quickly what a bankable energy storage project looks like and how to operate one. Unlike solar, where the entire deal is made upfront, producing energy against a PPA; energy storage has to be managed financially, traded and real-time decisions have to made about whether to monetize now or later. It also means that you’re solving for uptime on those 115GWh. So here's the question to you, how many cycles do you think that asset base will perform per year?
News
1 Energy Storage News:
US, EU policies prompt Bloomberg NEF to upgrade global energy storage deployment forecasts
2 Utility Dive:
DOE taps 20 companies to receive $2.8B for battery manufacturing, minerals processing build-out
3 Bloomberg:
Big Oil Moves Beyond Wind and Solar With Green-Gas Bet
4 New York Times:
E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.
5 Reuters:
London's mayor slams global leaders for 'dragging feet' on climate
6 Axios:
Winter's burden - The new heating prices for 2023
7 Yahoo:
Yellen to tout Biden technology investments at Virginia business incubator
8 PV-Tech:
‘The IRA is a tremendous accelerant to solar growth’ - Brookfield Renewable builds US PV portfolio
Opinions:
9 PV-Magazine:
Inside the IRA
Have a great day!
Yann
This is your SolarWakeup for October 21st, 2022
The Next 3 Years. With the IRA as tailwind, a grid lacking resilience and capital looking for yield the forecasts for energy storage growth is going through the roof. BNEF’s revised outlook now has the US adding 115GWh of energy storage over the next 3 years. That means nearly 100billion in capital deployed for energy storage projects, many of which are merchant or attached to solar projects. That capital is going to figure out quickly what a bankable energy storage project looks like and how to operate one. Unlike solar, where the entire deal is made upfront, producing energy against a PPA; energy storage has to be managed financially, traded and real-time decisions have to made about whether to monetize now or later. It also means that you’re solving for uptime on those 115GWh. So here's the question to you, how many cycles do you think that asset base will perform per year?
News
1 Energy Storage News:
US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts
2 Utility Dive:
DOE taps 20 companies to receive $2.8B for battery manufacturing, minerals processing build-out
3 Bloomberg:
Big Oil Moves Beyond Wind and Solar With Green-Gas Bet
4 New York Times:
E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.
5 Reuters:
London's mayor slams global leaders for 'dragging feet' on climate
6 Axios:
Winter's burden - The new heating prices for 2023
7 Yahoo:
Yellen to tout Biden technology investments at Virginia business incubator
8 PV-Tech:
‘The IRA is a tremendous accelerant to solar growth’ - Brookfield Renewable builds US PV portfolio
Opinions:
9 PV-Magazine:
Inside the IRA - What is an Energy Community?
Have a great day!
Yann
This is your SolarWakeup for October 20th, 2022
Shoring Up Upstream Batteries. The White House announced sweeping support of key upstream battery projects in commodities, mining, manufacturing and recycling for battery technologies. Many of these projects are with established firms that will be crucial for establishing a robust domestic supply chain. With batteries containers weighing 75 thousand pounds plus, the logistics value of domestic sourcing will make all the economic sense. Now the private capital will have to follow suit to accelerate this even further.
News
1 White House:
FACT SHEET - Biden-Harris Administration Driving U.S. Battery Manufacturing and Good-Paying Jobs
2 Utility Dive:
Venture capital interest in solar, energy storage is soaring in the first months post-Inflation Reduction Act
3 Bloomberg:
US Renewable Power Set to Get More Than 20% Boost From New Climate Law
4 New York Times:
E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
5 Axios:
Shell bids for Nature Energy, as biogas deals heat up
6 Reuters:
U.S. senator to hold EV battery hearing if GOP takes control
7 PV-Tech:
Pivot Energy gets US$100 million loan to develop solar and storage pipeline
8 Energy Storage News:
US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts
9 Canary Media:
Perovskites can make solar panels more efficient than silicon alone
Opinions:
10 PV-Magazine:
Renewable PPA price relief from the Inflation Reduction Act may take time
Have a great day!
Yann
