The Problem That Today’s Grid Presents. The grid can’t handle the energy transition is the biggest talking point that is fed to members of Congress charged with slowing down the energy transition that consumers want. What if every car became an EV, could the grid even handle that? Reality is that people that buy electric vehicles and industry shifting to electric or solar don’t think about the impact to the grid, the grid operators are held accountable for that. Regulators need to accept that and plan accordingly.
Why It’s A Problem And Setting. This is the manifestation of what I said above, coal is declining no matter what happens next. Grids are either going to send the pricing signals to make sure the private investments or they will be left in a painful position with increased costs to consumers. ERCOT is going to hit record demand next week and hopefully will be able to make it work with the infrastructure that’s already in place but it will need far more resilience in the future.
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- New York Times: Why the U.S. Electric Grid Isn’t Ready for the Energy Transition
- Scientific American: In a First, Wind and Solar Generated More Power Than Coal in U.S.
- PV-Magazine: SEIA receives accreditation to develop solar industry standards
- Utility Dive: An IRA renewables boom amid economic uncertainty will require reimagining financing, say bankers
- Bloomberg: Europe’s Sputtering Engine Signals Inflection Point for Gas Demand
- Reuters: Duke Energy to sell Commercial Renewables unit in $2.8 bln deal
- PV-Tech: CSI Solar completes IPO, begins trading on Shanghai Stock Exchange
- Energy Storage News: Ameresco reveals role in 250MW Ontario IESO tender-winning BESS project
- Canary Media: 6 key takeaways about the US clean energy manufacturing boom
Opinion
Best, Yann