A weekly newsletter mainly on renewable and digital energy related news. If you find this interesting, I’d really appreciate it if you could share the love and pass it on to others who might enjoy it as well!?
- This looks like a good start considering it has head-of-state attention Japan to assist US in achieving floating wind cost reductions (Renewables Now)?
- The argument here is that AI can help optimize building energy efficiency but it can also contribute a lot more? Energy-Guzzling AI Is Also the Future of Energy Savings (Wall Street Journal $)
- “According to the European Parliament’s website, the reforms are focused on encouraging long-term contracts for non-fossil energy, introducing cleaner flexible solutions…” which should also cover digital solutions ?European Parliament adopts EU electricity market reforms (PV Magazine)
- Finally EV charging system operators are seeing the light at the end of the tunnel: “BNEF estimates that annual worldwide public-charging revenue will rise to $127 billion by 2030”? Tesla Has Built a Charging Business to Be Taken Seriously (Bloomberg $)
- The EV charging system operators are working hard on ways to quickly roll out charging stations but the question is can the grid keep up with the demand?? Tesla can now deploy pre-fabricated Superchargers in a game-changing 4 days (Electrek)
- And if the grid can’t keep up, people will stop relying on it ?IDTechEx forecasts EV charging beyond the utility grid to be a US$16.6B market by 2034 (Green Car Congress)
- As renewable energy production takes off, VPPs can be an important tool in avoiding this situation??
- Negative electricity prices registered in nearly all European energy markets (PV Magazine)
- Solar, wind energy curtailment skyrocketed in Japan in fiscal 2023 (PV Magazine)
- Two regulatory actions that could help drive the market for VPPs in the US?
- Maryland is first US state to pass vehicle-to-grid legislation, alongside virtual power plant tariff rules (Energy Storage News)
- Pennsylvania issues guidelines on using energy storage to boost distribution grid reliability (Utility Dive)
- A Vermont utility puts its VPP to good use during last week’s solar eclipse? GMP calls on battery power from customers during solar eclipse (WCAX3)?
- “ Virtual power plant (VPP) capacity in California could potentially exceed more than 7,500 MW by 2035, according to new research released by The Brattle Group and GridLab” ?Virtual Power Plants Could Save Californians $550M per Year by 2035: Brattle Group Report (Microgrid Knowledge)
- And VPPs are trending? ‘Valuable and largely overlooked’: Interest in virtual power plants grows (Renewable Energy World)
- Another example of the continuing call worldwide to step up investments in grids? Europe’s industrialists want deep reform of power market to tackle €800b grid spending gap (Euractiv)
- Per the US Energy Information Administration? US power use forecast to reach record highs in 2024 and 2025 (Reuters)
- This column argues that by charging at off-peak hours, the increasing number of EVs bring in more revenue to utilities without much impact on the grid, allowing utilities to lower pricing ?How electric vehicles are lowering electricity bills for everyone (Utility Dive)
- Interesting claim? CATL unveils first mass-producible battery storage with zero degradation (PV Magazine)
- More good news on the clean energy front?
- Boom times for US green energy as federal cash flows in (BBC)
- Outlook 2024: US solar surge continues as planned fossil retirements slow (S&P Global)
- Record number of batteries installed across Australia in 2023 (Green Review)
- India surpasses 75 GW of installed solar capacity (PV Magazine)
- New York energy storage additions since 2018 approach 1 GW: report (Utility Dive)
- Italy adds 2,022 MW/3,836 MWh of distributed storage capacity in 2023 (PV Magazine)
- Europe’s largest PV plant goes online (PV Magazine)
- The US just beat its goal to permit 25 GW of clean energy by 2025 (Electrek)
- India’s electric rickshaws are leaving EVs in the dust (Rest of World)
- “$82bn of new capital for climate tech in the past 6 months”? Stockpiling $82bn of dry powder for climate (CTVC)
- Investors tap into demand for electric buses with new funding model (Financial Times $)
- Brazil’s January-March solar deployments hit 4 GW (PV Magazine)
- New-energy vehicles to make up 50% of China’s new cars sales by 2030, Moody’s forecasts (South China Morning Post)
- EVs Take 27.9% Share In France, & The Peugeot e-208 Is Still On Top (CleanTechnica)
- BMW EV Sales Surge Even as Rivals Struggle With Weak Demand (Bloomberg $)
- How electric vehicles are lowering electricity bills for everyone (Utility Dive)
- And the flip side for clean energy
- China Leads Global Coal Power Surge as Capacity Hits Record (Bloomberg $)
- What China’s EV buyers’ remorse means for the world (Semafor)
- Corporate climate plans are improving, but still ‘critically insufficient’ (Grist)
- Grid Connection Backlog in US Grows by 30% in 2023 (Renewable Energy Magazine)
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