Happy Friday! Question for you, would you drive a Chinese car? Would your siblings, parents or kids?
Biden’s Energy Market. I don’t quite understand the politics of not taking credit for the energy independence the Country is currently benefitting from but I assume it has to do with young Americans upset with the lack of climate change progress. If you had the audience, how would you tell the President to talk about energy today?
News
1 Heatmap News:
Biden Knows Tariffs Won’t Stop Chinese EVs
2 Reuters:
Biden nominates two Democrats, one Republican to federal energy regulator
3 New York Times:
Biden’s Energy Balancing Act
4 Canary Media:
Two major New York offshore wind projects are back on track
5 Utility Dive:
Crypto miners, Biden administration appear to reach agreement over energy data collection
6 PV-Tech:
Polysilicon exports to China lowest since 2011 due to US import laws – Bernreuter
7 Axios:
Six different countries facing same climate risks
8 PV-magazine:
Shell to sell 25% of its U.S. solar assets, said Reuters
Opinions:
9 Energy Storage News:
The reasons why investors are busy buying BESS developers in the UK and Germany
Have a great day!
Yann
Opinion
Best, Yann
News
1 Utility Dive:
DOE, NARUC publish cybersecurity ‘baselines’ for utilities, distributed energy resources
2 Axios:
Wildfire in Texas Panhandle explodes into state's second-largest blaze
3 PV-Tech:
Array Technologies reports US$1.58 billion in revenue in 2023
4 Reuters:
First Solar swings to quarterly profit, forecasts higher sales in 2024
5 Bloomberg:
NRG Targeting $900 Million From Texas for New Gas Plants
6 Energy Storage News:
Europe - Rising battery storage markets playing catch-up to the UK’s lead
7 Heatmap News:
The Next Big Climate Tool - Little Chunks of Rock
8 PV-Magazine:
U.S. solar up 52% in 2023 as nation deploys 35.3 GW of capacity
Opinions:
9 Renew Economy:
How Australia’s newest big battery has cashed in on market volatility
Have a great day!
Yann
Opinion
Best, Yann
News
1 PV-Tech:
SunPower announces departure of CEO Peter Faricy
2 PV-Magazine:
Massachusetts lawmakers urged to adopt “million solar roofs” equivalent
3 Bridge Michigan:
$900M solar component factory to add 1,100 clean energy jobs in Michigan
4 Utility Dive:
Congressional action on energy permitting remains stuck, but states, developers are finding solutions
5 BLoomberg:
Trump's Green-Bashing and Europe's Right Put Climate Goals at Risk
6 Reuters:
US unveils $366 mln for clean energy in underserved, remote areas
7 Energy Storage News:
‘Battery developers were biggest winners’ in UK’s T-1 Capacity Market auction last week
8 Canary Media:
This report puts a price tag on the climate impacts of US LNG exports
Opinions:
9 Heatmap News:
Even Warren Buffett Thinks the Era of Private Utilities Is Over
Have a great day!
Yann
Let’s Do Some Quick Hits. Thank you to Standard Solar for the incredibly kind words about this newsletter. I know it shocks some of you when you find out that this isn’t my full time job but enough of you have been here long enough to know that I have a day job that is both fun and time consuming.
The Data Center Propportunity. This is a problem with a solution that creates an opportunity. Building data centers will be a necessity, based on your netflix consumption, your AI use and certainly your companies thirst for AI applications. But building a data center also needs to have access to energy (a ton of it) (yes, that’s scientific projection) as well as constant/100% reliable power. Rules then dictate that it will need backup generation which must also comply with environmental standards which oftentimes don’t mix well and local communities have a say about this as well. Add crypto to the mix and you have massive energy consumers fighting for the same resource which our industry is poised to deliver. So it’s a problem, that HAS to be solved, and an opportunity. Propportunity, trademarked by yours truly on this day.
News
1 Axios:
There's a power struggle brewing over crypto and AI — literally
3 Canary Media:
Texas will add more grid batteries than any other state in 2024
4 Utility Dive:
ERCOT, CAISO offer best grid interconnection processes; PJM, ISO-NE the worst, report finds
5 Renewable Energy World:
Interconnection ‘report card’ shows an ongoing struggle to connect new generation
6 Energy Storage News:
Over 1.8GW of energy storage clears in ISO New England’s latest Forward Capacity Auction
7 PV-Magazine:
Arizona approves “discriminatory” charge on rooftop solar customers
Opinions:
8 Bloomberg:
Exelon CEO Warns Cleaning the Grid Needs Higher Power Bills
Have a great day!
Yann
