Clean Energy For Biden. You can now support Joe Biden’s campaign on behalf of the SolarWakeup community. I was involved in Cleantech For Obama and this marks another moment when the solar industry can get behind the former Vice President. Join me by donating here.
Grid Electrification. Much news was made this weekend when PG&E came out in support of electrifying new construction in California. This may be news in the literal sense but it’s not for climate reasons. Electrification is a monetization strategy for a bankrupt monopoly. The gas pipelines have been a giant liability for the utility and there is little additional rate base in that market. Electrifying, especially in dense geographies means more infrastructure that needs to be upgraded.
Actions Will Prove My Comment. If you listen to my interview with Nick Chaset, CEO of East Bay Community Energy, you will hear about the complicated relationship between the CCAs and the IOUs. Especially as it comes to the important local resource adequacy procurement, CCAs have lost their control on what projects get greenlit. With the new central procurement process, local storage, demand response and microgrids can’t get paid for local RA unless PG&E and SCE say yes. While you’re there, please rate and review the podcast. You can do this even if you don’t listen to it, as a favor to me.
Utilities And SPI. Not to belabor the point but since SPI is happening this year and is going to be down in revenue quite a bit, I will remind you that half of the profits from the show go to SEIA and the other half go to SEPA. SEPA, which doesn’t have the word solar in it, has launched SEPA TV. So if you want to know what SEPA stands for at this moment in time, you’ll get to hear executives from APS, NYPA, Xcel, Edison International, PSEG and PNM.
Debt Gets Fracked. Chesapeake Energy has filed for bankruptcy protection, to restructure $7billion in debt. By no means does this mean they’re going out of business, they just want to pay their bond holders less for the debt continuing the trend of losing money for shale investors.
Just Because. Trump’s Twitter account had the word Solyndra in two separate tweets this weekend. I thought ‘scandals’ in the scale of millions was behind us at this point. Also, we can’t blame Obama for the Bush deal and the loan program was profitable.
- Rocky Mountain Institute: California Should Go All-Electric in New Construction—State’s Largest Utility Agrees
- Greentech Media: Puerto Rico Selects New Grid Manager, Prompting Concerns
- Axios: Fracking pioneer Chesapeake files for bankruptcy
- PV-Tech: LevelTen launches search for up to 500MW of European renewables for unnamed corporate client
- Solar Power World: Generac releases string power optimizer and rapid shutdown device to rooftop solar market
- Bloomberg: House Democrats Will Call for 100% Clean Cars by 2035
- Vox: Democrats’ infrastructure bill has a special delivery – Electric mail trucks
Opinion
Best, Yann
The post This is your SolarWakeup for June 29th, 2020 appeared first on SolarWakeup.com.
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