BBB Right Back. BBB is hitting some barriers with Manchin on issues like child tax credits, family leave and offshore drilling. While Lindsey Graham things that the bill is dead, we’ll have to wait for the new year to see if the Senate can get it done.
Making Markets Drive Behavior. PJM has one of the lowest penetration rates of energy storage and that’s because the power markets aren’t creating the revenue opportunity that align with the technical grid operation needs. That will change, whether through PJM directly or FERC orders 2222 and 841. Homeowners, businesses and grid scale storage will be matched to generation connections.
ClimateTech Boom. The energy transition is a change of how energy is used, moved and generated. The transition infrastructure will move trillions of dollars in the US alone over the next decades but it will require the build up of companies and platforms that make the electrons move a success. There will also be hundreds of billions invested in the creation of these businesses and as the article portrays, climate tech investment is surging.
All About The Interconnect. Homes have grid connections, substations relay through a connection and generators have land and grid interconnects to deliver energy. That’s the 20th century version of a skyscraper with load/force control only happening at either end of the chain, otherwise known as dispatching and demand side management. Looking forward, just like New York’s newest skyscrapers which have blow out floors half way up, the grid is going to add dampers, or load management within transmission and distribution networks. Homeowners will not only lower their demand, they have the ability to store energy, produce energy or shift their demand to other times. This is no longer a top down/bottom up grid, it’s all about the inside out serving the outside in.
- Politico: Senate that ‘sucks’ gets a dose of reality from Biden
- Utility Dive: Energy transition likely requires market changes, transmission growth, PJM finds
- Solar Power World: Biden expected to sign Uyghur Forced Labor Prevention Act, which could further affect solar supply chain
- Axios: “Untapped potential” in climate tech investments
- PV-Tech: Annual EU solar PV deployment reaches new high of 25.9GW
- RMI: Report Release – Headwinds for US Gas Power
- Energy Storage News: Europe’s biggest battery project announced by UK subsidiary of Singapore’s Sembcorp
- Canary Media: The avoided-cost calculator – The controversial metric at the center of California’s solar net-metering fight
Opinion
Best, Yann