Expansion, Contraction. You can read 5 different headlines and they all follow a certain theme. Consumers and businesses are using electricity more than they were before. That usage is consistent in volume but inconsistent on location, i.e. you’re working from home some days. Some of the energy you are using today is no longer liquid but electric, i.e. you now drive an electric car or ride an e-bike. More electricity is coming from wind and solar than ever (and growing). All of this results in a grid that needs to expand in some places at some times, and contract in some places at some times. Our grids today are basically in need of slinkies at every point of interconnection to allow for the flexibility that we all expect as consumers.
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- Reuters: Largest U.S. grid faces tight timeline to curb wind, solar delays
- Energy Storage News: Battery storage helping California avoid curtailment, but shedding set to grow further in 2023
- Utility Dive: 2023 US Power Sector Outlook
- New York Times: Climate Change May Usher in a New Era of Trade Wars
- Axios: California flooding causes billions in economic losses, estimates show
- PV-Magazine: Microsoft to purchase 2.5 GW of Qcells solar
Opinion
Best, Yann