David Crane is out at NRG which recently announced it was splitting some of its business units out. The easy assumption would be that the business suffered due to his statements on the utility sector and renewables but that would be a mistake. NRG is going through commodity and deregulated power issues. Central assets are becoming less valuable, just look at nodal pricing throughout the Country, especially with wind and solar complemented by perpetually cheap natural gas. Best of luck to David, if you have his email, pass this on to him. Also, call your Senators and Congressman to extend the ITC!
- PV-Tech: ITC extension back on the cards, says Credit Suisse
- Utility Dive: David Crane steps down as NRG Energy CEO
- Oilprice.com: Global Solar Alliance Sets $1 Trillion Investment Goal For 2030
- PV-Magazine: COP21 – African Renewable Energy Initiative launched, 300 GW 2030 target
- Venture Beat: Google makes ‘largest purchase’ of renewable energy to power data centers – 842 MW in 3 countries
- Grist: 5 important developments from the Paris climate summit
- Reuters: Exclusive – Germany’s RWE bets big on wind and solar in corporate overhaul
- New York Times: Germany May Offer Model for Reining In Fossil Fuel Use
Opinions
Have a great day!
Yann