This is your SolarWakeup for January 17th, 2023

Intersolar Day 1. Anything you think I should see at Intersolar? As I tour San Diego, ERCOT enters its second day of conservation and looks to operate itself through a challenge. Meanwhile we have soaring demand for more electricity from the energy transition and economic growth. These challenges present opportunities and conferences offer a glimpse on the companies seeking to rise to the occasion.

Tax Markets Working. At the Voltility event a few months ago the talk on tax credit transfer market was quite optimistic and the data seems to confirm that. This means a solid market for capital structures that seek to build out the infrastructure we all work in. There are some new structures that are quite interesting, would be great to have a few of you pitch the best new ideas in capital formation.

Demand Met By Renewables, Storage, DERs and Grids. Today’s top note highlights the prediction for the year. The grid is stretched and operators are like a stretch Armstrong connecting rising demand (faster than predicted) and generation that is more flexible in both when it produces and how/where it delivers energy to consumers. Now the market needs to match the demand for new build of generation, storage and transmission with the requirement for new market products for those assets and DERs to ensure grid stability remains.

Europe Builds Ecosystem. In an effort to help create a manufacturing ecosystem in Europe, the government is stepping up with a $5billion package for Northvolt. Think of this as the European version of a loan guarantee.

Opinion

Best, Yann