This is your SolarWakeup for October 28th, 2021

Closing A Deal. As COP26 comes up quickly, Joe Biden is looking to close a deal as opposed to THE deal he may have been hoping for. In a game of whackamole, the President is having to negotiate 50 separate deals and can’t afford to lose a single vote, threatening one on the left for every notch he gives to the moderates.

 Conservation Of Energy, The Delivery Can Change. The headlines, as oil and gas CEOs come to DC, is that fuel companies are in denial. That may not be false, but sometimes lost in the summary is what is really happening to the market. We all learned about conservation of energy in physics class so let’s translate that concept to the energy transition within transportation and homes. Energy will still be consumed to drive or cook you meal, the method of delivery is changing from fuel to electrons. The power availability will remain the same and possibly the only thing changing is the location of the fuel need, i.e. from a gas stove to a gas power plant. So take a step back and realize that while the fuel mix in generation is changing, it’s a unique change from the bigger transition happening in how that energy is being delivered. That’s the transition that is creating a new grid that is far more dynamic, complex and constantly expanding and contracting.

 Getting To Glasgow. Not since Paris has a COP been this hyped up in importance. The outcome be could maintain the global focus on fighting climate change and how to adapt to the evolving market opportunity.

Opinion

Best, Yann