Set It And, Set It Again. I’ve said it here before that storage makes solar more valuable and capable because the asset owner determines the time of delivery not the sunshine. That allows for the marginal value of the electron to be maximized and not commoditized, which is especially important when the grid is overproducing demand. That being said, unlike solar, which has all of its complexities determined prior to day 1, storage has capex on day 1 and works to optimize that investment every day starting on day 2. That’s where your operating system gets important, it will tell you what’s happening, how well your asset is performing and how much money you left on the table because your battery is underutilized. I’m just kidding, that’s what you’re expecting but certainly not getting in 80% of the projects out there. You’re also in for a surprise when regulators start to talk about new compliance and revenue streams that your battery needs to be updated for. That’s the basis of my chat with Andy Colthorpe from Energy-Storage News in today’s top story.
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- Energy Storage News: ‘Every energy storage project’ will require regular upgrades to stay in the game
- Utility Dive: PJM prepares shift to scenario-based long-term transmission planning
- Bloomberg: Texas to Revisit Power-Reserve Policies After Grid Watchdog’s Concerns
- Reuters: Enphase Energy to cut about 10% of its global workforce
- Renewable Energy World: More than 100 lawmakers urge Fed, regulators to revise Basel III tax equity provisions
- Canary Media: EV school bus rollout off to slow start despite billion-dollar subsidies
- PV-Magazine: Unprecedented solar and storage growth on horizon with record installations and investments
Opinion
Best, Yann