Energy & Water

The state: Colorado

How did Colorado justify increasing the taxes on oil & gas in 2020? Because of a shortfall in the regulatory agency that oversees oil & gas

How did they get both industry & environmental groups both on board?

• industry got a reduction in the levy rate
• environmental groups support the increased levy rate from the current rate

Colorado Sun | Colorado increases tax on oil and gas operators to fund a $3.4 million shortfall in regulators’ budget

Which company is cutting its oil production by 40%? BP

When will it cut production by 40%? over the next 10 years

What is BP’s zero emission goal? 2050

What will the 40% cut in oil look like for BP?

• By 2030, a cut of at least 1 million barrels per day
• By 2030, lower emissions from operations by 30 to 35%
• By 2030, accelerate investment in renewables & biofuels by 10-fold to around $5 billion per year

From the CEO: “Now we are pivoting to become an integrated energy company. …This coming decade is critical for the world in the fight against climate change, and to drive the necessary change in global energy systems will require action from everyone.”

From a London, England energy transition think tank: “BP has radically changed the game,”

Houston Chronicle | BP to cut oil and gas production by 40% over 10 years

The Study is by: American Univeristy

What did the study find? “counties where the EPA rollback may have supported increased air pollution had an average 39% more COVID-19 cases and 19% more deaths from the virus.”

Will this study be mentioned in clean air debates with regulators, legislators, consumers, and activists? yes, of course it will be.

Energy News Network | Wheeler dismisses study claiming EPA role in elevated air pollution, COVID-19 cases

The State: North Carolina

What’s happening according to the Governor’s tweets: The Legislature isn’t doing enough. The US Senate isn’t doing enough. So, his administration has a plan.

WBTV | N.C. governor plans to help residents with rent, utility bills

Other states, hello.

Michigan HB 5949 (2020 | MI) would declare the internet a utility. 

The Michigan Public Service Commission would regulate all broadband service companies. 

Why regulate the internet? COVID taught us the internet should be accessible and available to everyone (school age kids we see you)

The Huron Hub | Camilleri introduces legislation to protect consumers by designating internet as a public utility 

What’s working for utilities:

• passive load control
• behavioral management though time-of-use rates

Remember 1st grade when you “needed improvement”, for utilities they say it is:

• Customer experience
• Customers should not be treated as grid assets
• The customer experience should be easy, convenient, & affordable

Utility Dive | Utilities must prioritize customer experience to advance role of electric vehicles on the grid: experts

Which utility: Tennessee Valley Authority

What is the Tennessee Valley Authority UV Light program?

Offering financial assistance for schools, restaurants, nursing homes and other buildings with public places to install ultraviolet germicidal irradiation lights in air ducts to minimize the spread of airborne microorganisms such as COVID-19.

How does the UV Light work? Installed in air ducts, the UV light kills the virus as the air is circulated into heating or air conditioning units

The incentive offered: $30 per ton for duct-mounted UVGI systems

Chattanooga Times via Governing | Tennessee Utility to Install UV Lighting for COVID-Protection

The State: New York

The legislation: S2000B (2020 | NY)

What’s a PFSA? poly and perfluorooctanoic acids

What type of packaging uses PFSAs? bags for pastries and popcorn & pizza boxes

Other legislative action: House supports funding $50 million for research & development funding for PFAS remediation and disposal

Times Union | New York Legislature approves bill to ban PFAS in food containers

Florida Public Service Commission is taking on COVID impact to rate payers.

Other issues floating around in the regulatory hearing: passing along coronavirus-related costs to customers in the future.

Tampa Bay Business Journal | Utility regulators to eye Covid-19 customer impacts in Florida

Where: Florida

What is happening in Florida utility regulation? Wal-mart is participating in more utility rate regulation

Is there something specific that Wal-Mart is chining in on? Renewable Energy and Rates

Why is it happening?

• Wal-Mart has set renewable energy goals
• It currently buys 1.22 billion kilowatt hours/yr from the state’s 5 major electric utilities with a monthly consumption that is is about 102,000 times that of an average household

Tampa Bay Times | Why is Walmart participating in Florida’s electric regulatory process?

The investor owned utilities: those operating in New York

How will investor owned utilities build out an EV Program?

• Via a cost recovery period for charging assets will be 15 years or greater

What other elements were included in the regulatory order?

• Creating a Fleet Assessment Service
• for site feasibility and rate analysis
• aiding fleet owners in identifying savings opportunities
•  $15 million make-ready pilot program for medium- and heavy-duty electric vehicles
•  $10 million toward utilities partnering with transit authorities

Utility Dive | New York investor-owned utilities to fund $701M make-ready EV infrastructure program

Who: Round Top Heavy Rare Earth and Critical Minerals Project in West Texas + Texas Mineral Resources Corp. 

What: 100% renewable energy for the Round Top Heavy Rare Earth & Critical Mineral Project in Hudspeth County, West Texas

What will the renewable energy project look like?  

• 45 acre a solar farm
• 15 MW to support mining and processing

Why the switch to renewables? “60% of the materials produced at Round Top being used in clean-tech and green-tech applications, we are now committing to extend that clean-green approach into how we design and operate the Round Top Mine”

USA Rare Earth LLC  via Oil & Gas 360

This tax is a result of a series of 2019 decisions by commissioners at the Public Utility Commission of Texas (PUCT).

The specific PUCT action was:

• the adoption of the Operating Reserve Demand Curve

What’s the sticking point for opponents?

• That the ORDC sends its revenue to electric generators at the cost of ratepayers
• That the ORDC is on top of subsidies for renewables

 The Energy Alliance Opinion via Dallas Morning News | Putting an end to Texas’ $4.3 billion electricity tax

Who is involved in the pilot program, Building a Technically Reliable Interconnection Evolution for Storage? DoE, Interstate Renewable Energy Council, Electric Power Research Institute (EPRI), trade associations Solar Energy Industries Association (SEIA), Energy Storage Association (ESA), California Solar + Storage Association (CALSSA), two utilities: PacifiCorp and New Hampshire Electric Cooperative (NHEC) and a law firm, Shute, Mihaly & Weinberger.

The goals of the pilot program:

• develop a roadmap to removing the key challenges identified in the interconnection process
• create a toolkit of solutions
• provide extensive training and educational outreach

“Establishing best practices for the interconnection of storage to the grid is critical to sustaining market growth and enabling significant clean energy deployment,”- Larry Sherwood, CEO and president of the Interstate Renewable Energy Council (IREC)

Energy Storage News | US DoE supports project to tackle ‘complex and unclear’ rules for interconnecting energy storage

Which regulatory agency has new proposed rules for recycling solar panels? California Department of Toxic Substances Control

What will the new rules do for solar energy? classify solar panels as a subset of hazardous waste known as universal waste 

How does this help recycle solar panels? The EPA allows universal waste be subject to a “streamlined” set of standards compared to other types of hazardous waste, making easier to recycle by:

• reducing the generator regulatory requirements
• permits accumulation of waste for up to one year
• there is no need for a hazardous manifest
• reduces of the amount of labeling and recordkeeping

“Other states may use the California rule as a roadmap for their own regulations,” attorneys from the law firm Baker Botts . HELLO TEXAS, WE SEE YOU & YOUR SUNSHINE.

Utility Dive | New California regulation could jump-start solar panel recycling sector

The Utility: FirstEnergy in Ohio

What actions did the CEO take to support diversity & inclusion? linked 10% of annual bonuses for himself and other top executives to diversity goals

Has it worked? Yes. In 2018 it didn’t pay out the diversity bonuses because it failed to meet diversity goals.

What is included in the diversity metrics?

• hiring women
• hiring people from underrepresented ethnic groups for professional jobs
• including underrepresented (women, Black, people from underrepresented ethnic groups) in succession plans
• how employees respond to questions about diversity in a company survey

Is this unique? In an old school industry like utilities, yes. However, it is often seen in tech companies.

New York Times via Baltimore Sun | Want more diversity? Some experts say reward CEOs for it

Which state is grappling with a competitive electric market and EV expansion? Virginia

How is the comparison to utilities expanding broadband working to support utilities and EV expansion? Competition worked where it was profitable, but in rural areas broadband wasn’t profitable and utilities filled a gap.

The open SCC EV Case

16 questions to be answered in the case include:

• How is demand on the grid expected to grow due to electric vehicle charging?
• What’s the current state of Virginia’s charging infrastructure?
• How can special electricity rates be designed to incentivize their use, particularly during off-peak hours? 
• “Is the market for providing public charging stations competitive or should it be considered a natural monopoly with service provided exclusively by regulated utilities?”

How are most competitive utilities viewing the case? As an opportunity for grid options.

Virginia Mercury | Electric vehicle use is rising. But who should be at the wheel during the transition?

What policy issues are at the forefront of commercial real estate development and EV charger deployment?

• Do building codes require EV chargers?
• Can utilities cover the cost of EV infrastructure in commercial buildings via rates?
• Are there partnerships to cover the cost of the EV charger itself?
• Are tax, grants, and rebates available?

What are property specific considerations for EV charger installation at commercial property?

• How many EV charge ready parking spaces are required? Or, how many are needed?
• Is the property’s policy on EV charging scalable to accommodate EV market share increases?
• What pricing method should be adopted?

Commercial Property Executive | Getting Ahead of the Coming EV Wave

How did Intermittent renewables pass a COVID-19 grid reliability test?

• through mid June 2020, renewable energy overtook coal generation for 116 days
  • 39 days in 2019
•  wind and solar energy made up 12% of the total U.S. generation average
  • up from 10% in 2019
• Polling favors renewables
  • 65% of residential respondents saw increasing renewable energy development as boosting the national economy

Utility Dive | Deloitte: Intermittent renewables pass COVID-19 grid reliability test

3 Ways COVID is increasing transition to renewable energy by looking at BP, pre-COVID.

Before COVID BP did the following:

• BP quit petrochemicals
  • BP sold off all its petrochemicals except 1 German plant
• BP pledged 100% renewable energy
  • BP has a long history in these waters
  •  20 years ago it began its “Beyond Petroleum” renewable energy campaign
  • It recently partnered with a California based solar energy facility
• The purchaser of BP’s petrochemical facilities is sustainable minded
  • The purchaser is focused on recycling efforts on the waste-to-energy field

Triple Pundit | Why COVID-19 Will Accelerate the Renewable Energy Transition

The utility: Tucson Electric Power

What did Tucson say in its announcement to end coal generation?

• 2032 deadline to quit coal
• 70%+ renewable energy by 2035
• Adding 1 solar storage facility
• Adding 2  New Mexico wind farms
• 80% reduction in carbon dioxide emissions by 2035

Tucson.com | Tucson Electric Power plans to end use of coal-generated electricity by 2032

Which legislature? Pennsylvania

What is the Pennsylvania legislature considering limiting? The State’s ability to join the Regional Greenhouse Gas Initiative or any other similar cap and trade program

What happened the same day this passed the Pennsylvania House?

• PA’s Department of Environmental Protection released an analysis showing that cutting carbon emissions from power plants would save $1.9 billion of dollars, add 27,000 jobs, and 639  lives

The Legislation: HB 2025 (2020 | PA)

Utility Dive | Pennsylvania House OKs bill curbing state’s ability to join RGGI in ongoing dispute with governor

According to SMU law professor James Coleman the following 3 reasons make eminent domain for transmission lines more challenging:

• “more environmental reviews
• more governments with veto power
• more restrictions on the use of eminent domain.”

Why does this matter?

• to move away from coal and natural gas, renewable energy has to be moved on transmission lines
• this requires new transmission lines to the site generating renewable energy 
• 2 major renewable transmission lines are in lengthy legal battles ( 780-mile Grain Belt Express that would connect wind energy-rich Kansas to Indiana, to the 520-mile SunZia line that would stretch from New Mexico to Arizona)

Are industry analysts concerned? Yes. “Power lines have actually provoked more political controversy than pipelines,” said Ryan Driskell Tate, an analyst at Global Energy Monitor, a non-governmental organization that catalogs fossil fuel infrastructure.

Forbes | Activists Not Only Slow Oil Pipelines, But Also Power Lines Needed For Renewable Energy

The industry increasing its power usage: Data Centers

The increase in power usage:

• 3% growth rate 2019-2025
• 40% power capacity share
• $1 Billion in investments in Virginia alone in 2019

States with data center investments: Virginia, Arizona, Illinois, Nevada, California, Texas, Ohio, Tennessee, Iowa, and North Carolina

4 reasons the data center power use will grow:

• Increasing Procurement of Renewable Energy
• Emergence of Nickel-Zinc & Prussian Blue Sodium-ion Battery UPS Systems
• Use of Fuel Cells in Data Centers
• Adoption of DC UPS Systems to Reduce Power Loss

Oil & Gas 360 | The US data center power market share is expected to grow at a CAGR of over 3% during the period 2019-2025

What taxing jurisdictions are considering taxing fuel oil generation? A block of eight state governors from Nuevo León, Coahuila, Tamaulipas, Jalisco, Michoacán, Durango, Guanajuato, and Colima

Why tax fuel oil generation?

• Taxing federal owned fuel
• To support local governments
• To respond to “the federal government’s obsession with obsolete, inefficient and polluting energy”
• Prioritizing clean energy

BNA Americas | Plan to tax fuel oil generation in Mexico gains momentum

The New Kid on the Block: The Climate Pledge Fund

Who is creating this VC fund? Amazon

What’s the funding level? $2 Billion in initial funding

Which industries could be funded for clean energy projects?

• transportation
• energy generation
• battery storage
• manufacturing
• food and agriculture

Where are Amazon employees on Clean Energy?

• Created the Amazon Employees for Climate Justice
• 2019 open letter, signed by thousands of employees
• Urging Amazon to commit to a deadline to secure 100% renewable electricity

What other Clean Energy steps has Amazon taken in the last year?

• co-founded an initiative called “The Climate Pledge”
• a commitment to reach carbon-reduction goals set in the Paris Climate Agreement 
• 2040 deadline to be carbon-neutral
• $700 million financing round in the electric-vehicle startup Rivian
• intends to buy 100,000 of its electric-delivery vehicles

Wall Street Journal | Amazon to Launch $2 Billion Venture Capital Fund to Invest in Clean Energy

Where: Iowa

What rule by the Iowa Utilities Board will preempt local zoning?

• A new definition for “facility”
• The new facility definition will include:
  •  “any solar, wind or storage generating plants or combinations of plants that have a total generating capacity of 25 MW (megawatts) or more”

What is the impact to local community?

• local zoning rules preempted
• no public hearings would be triggered before a certificate of necessity is issued
• expands eminent domain authority to more entities

NW Iowa | N’West Iowa counties mull proposed rule

What does a global battery passport seal mean?

• a global quality seal
• verification tool on a digital platform
• ability to share value chain data of EV batteries

How will a battery passport help the battery energy storage industry?

• Further battery storage sustainability
• Help recycling efforts
• Reduce its carbon footprint

Is this program mirrored after another industry seal? Yes, the IBM supply chain software that tracks gem stones and gold to eliminate blood diamonds that launched in 2018

Oil Price | EV Batteries Are About To Get Their Own Passports

What is a virtual power plant? Software that connects battery storage systems

Who is partnering to create one of the largest U.S. virtual power plants? Sunrun & Southern California Edison

What benefits are touted supporting virtual power plants?

• Good in disasters like wildfire, earthquakes, hurricanes
• Decentralized energy is responsive
• Supports grid reliability
• Supports grid security
• Stable
• Reliable
• Consistent 

What will customers notice?

• $250 incentive in year 1
• Their battery storage will be tapped up to 80 times/ year

Clean Technica | Your Home Battery Can Be Part Of A Virtual Power Plant In California

Who is crafting the pilot program?

• California Energy Commission
• California Public Utilities Commission

What existing regulatory programs does the pilot build upon?

• Technology and Equipment for Clean Heating (TECH) initiative
• CPUC’s BUILD pilot order
• SB 1477 (2018 | CA)

What are 3 goals of the pilot program?

• Incentives
  • for building owners and developers
• Reduce Greenhouse Gas Emmissions
  • buildings must deploy technologies that reduce emissions
• Customer Savings
  • the deployed Greenhouse Gas Emission tech should also lower customer bills in new residential buildings

Timeline:

• Energy Commission will deliver its plan to the CPUC July 24, 2020, public comment through June 29th
• Launch of the pilot program during Q2 of 2021

Utility Dive | ‘The start of something big’: California crafts pilot program to reduce building emissions

Which state is adding EV Chargers to its Visitor Centers? Georgia

What partnership is behind the project? The Ray, Donovan Energy, & ABB

How is the EV charging station powered? Solar, offering 175kW charging power

Times News | Charging Station Upgraded at Georgia Visitor Center

• business process improvements to drive down costs
• innovation that lowers costs through technology breakthroughs
• establishing reasonably standard offerings to streamline timelines and reduce costs

Utility Dive | Fluence unveils intelligent, modular storage product with 800 MW/2,300 MWh of projects

Who issued a new report on the EV charging industry impact? RD Reports & Data

By 2030 the EV Charging market will:

• Grow 38.6%
• Valued at $147.94 billion
• Drop in home charging to 40% of the market

The Rising | New report projects EV charging infrastructure market

How can load impact grid security according to the principal manager of technical staff at Sandia National Laboratories?

• If there is too much load on the grid provided by EV chargers
• That load is controlled & manipulated in aggregate
• Could result in power system problems

What grid security issues are at the top for National Motor Freight Traffic Association? The security of high-voltage chargers for medium- and heavy-duty EVs, that could do more damage if hacked

How could these high voltage EV chargers cause grid concerns?

• By switching the chargers off and on quickly it can ultimately cause power outages

What regulatory concerns exist?

• lack of comprehensive cybersecurity guidelines for electric vehicle supply equipment
• the 2 impacted industries, transportation & energy, need greater coordination

E&E News | ‘Major vulnerability’: EV hacks could threaten power grid

Who: L7 Drive 

What does L7 Drive offer: ‘Internet of Energy’ by connecting batteries and other energy sources to a secure cloud management platform

How does it deliver secure battery storage management?

• industrial-grade security cloud data processing application
• monitors and controls batteries within milliseconds

PV Magazine | Morning Brief: solar for South Carolina and batteries for Texas

Who: Monterey Bay Community Power

How does the Monterey Bay Community Power EV incentive program work?

• Open to public school systems in 3 counties–Monterey, San Benito & Santa Cruz 
• $200,000 per bus
• Total of 6 EV buses
• Up to $20,000 for charging infrastructure

PV Magazine | Morning Brief: solar for South Carolina and batteries for Texas

Where: Houston, TX & Odessa, TX

Who:

• Broad Reach Power of Houston, TX
• Owns a 3 GW portfolio of utility scale solar & energy storage power projects
• Backed by energy investors EnCap Investments, Yorktown Partners, and Mercuria Energy

What:

• 15 utility-scale battery storage plants 
• each site will have battery systems capable of storing and distributing up to 10 megawatts of power

PV Magazine | Morning Brief: solar for South Carolina and batteries for Texas

Looking at Texas electricity usage led to determining the economic strength of the following industries:

• home improvement stores (5% year over year increase in April 2020)
• hospitals (1% increase year over year for April 2020)
• retail electricity sellers

Houston Chronicle | Power data shows which businesses weathered the shutdown

Where: Indiana

What action prompted the Indiana’s Public Utility Commission to investigate? A “controversial request from state utility companies to recover costs & lost revenue in ways that could include rate increases for customers”

What other options are the Utility Commissioners now considering?

• disconnection moratorium
• waiving fees
• adjusting late fees
• creating payment arrangements
• consideration of the utilities’ request for recovering costs and lost revenue

IndyStar | Commission investigating the COVID-19 pandemic’s impact on utilities, ratepayers

The study authors: Wood Mackenzie

How much will battery storage expand by 2030? increase to 26 gigawatts (GW) from 3 GW in 2020 across 5 major European power markets, Britain, Germany, France, Italy & Spain

How much will pumped storage plants expand by 2030?  increasing to 205 GW by 2030 from a current 122 GW

What’s crucial about 2030? Battery storage will be so cheap that pumped storage will no longer be necessary

New York Times | Use of Battery Power Storage Seen Accelerating to 2030 and Beyond: WoodMac

The company: SparkCharge

The charge rate: 1 mile of range per 1 minute of charging. Up to 75 total miles.

How much total energy storage in the portable charger? Up to 5 battery components that each store a total of 3.5 kWh of charge (3.2 kWh usable)

Car Buzz | Portable EV Charger Is The Future Of Roadside Assistance

Who discovered the possibility of storing solar energy in molecules? Sweden’s Chalmers University of Technology

How does this work? “The system starts with a liquid molecule made up of carbon, hydrogen, and nitrogen. When hit by sunlight, the molecule draws in the sun’s energy and holds it until a catalyst triggers its release as heat. “

What could this storage apply to?

• thermal energy for homes
• thermal energy for electric vehicles
• expansions into storing energy into electricity

Bloomberg Business | An Energy Breakthrough Could Store Solar Power for Decades

Mexico’s Comision Federal de Electricidad is calling for renewables to contribute to infrastructure costs saying that currently the traditional generators subsidize renewables.

How is this impacting renewables in Mexico? Mexico’s power grid regulator is preventing several dozen new renewable energy plants from connecting to the network

New York Times | Exclusive: Renewable Firms in Mexico Must Contribute to Grid Backup-CFE Chief

The MIT Study published in the journal Applied Energy found that used EV batteries had the following advantages for the grid:

• backup storage for grid-scale solar photovoltaic installations
• additional 10+ years of battery life
• At 60% of their original price, the back up storage for solar provides a reasonable net return on investment

MIT News | Solar energy farms could offer second life for electric vehicle batteries

pv magazine International | Used EV batteries for large scale solar energy storage

Who is involved in this public-private partnership?

• University of Washington
• Enphase Energy Inc

Where will testing occur? At 3 Enphase buildings in Austin, TX

What is the partnership testing?

• Enphase is bringing its  grid-forming inverters
• University of Washington is contributing its control systems for unrestricted penetration of photovoltaic (PV) solar on the grid

What’s the unresolved question to get to a 100% renewable grid? The “architectural and algorithmic foundations required to reliably integrate unlimited distributed, renewable energy resources, like solar photovoltaic (PV), on our electric grids.”

Global Newswire | Enphase Energy Collaborates with University of Washington for 100% Renewables Grid

What are the 2 existing carbon capture generation facilities? —Petra Nova in Texas & Boundary Dam in Saskatchewan, Canada

Who is the new kid, #3? Young station, Project Tundra  in North Dakota

The company behind Young station, Project Tundra ? Minnkota Power Cooperative in Grand Forks, North Dakota

Which of the 3 is the largest? The North Dakota project

The numbers:

• Capture and store up to 90% of the CO2
• $1 Billion in capital to raise
• 2022 building start

Popular Mechanics | Will the World’s Biggest Carbon Capture Facility Work?

Who: Layer1 Technologies, a bitcoin mining start up backed by Peter Theil

How do Bitcoin mining and battery storage fit together? Layer1 installed proprietary demand-response technology based on the energy market standards developed by the Electric Reliability Council of Texas (ERCOT)

What benefits are offered to the grid?

• meet peak market demand
• stabilize national and local energy grids
• the energy storage systems of mining operations dynamically manage their electricity usage 

What benefits are there for bitcoin miners?

• In exchange for putting energy back onto the grid in peak times, miners negotiate a lower rate during operations
•  The battery storage systems also have a “patent-pending immersed liquid-cooling infrastructure” that reduces the company’s all-in electricity costs by over 75%

Layer1 Launches Bitcoin Batteries to Stabilize Energy Grids by Releasing Electricity to Meet Market Demand

Who is requesting the Texas Attorney General to answer this quandary? Senator Birdwell

What question shall the Attorney General answer? Whether a contract between a home rule city and a Special Utility District can prohibit the city from petitioning for decertification from the district’s Certificate for Convenience and Necessity.

Why is this a question? Three provisions may say a city can’t be bound by this prohibition.

• Local Gov. Code Section 51.072
• Local Gov. Code Section 51.078
• Texas Constitution Article 11, Section 5

RQ-0354-KP

What specific outsourcing is at issue? Tennessee Valley Authority’s move to hire out of country IT support

What did the utility say in support of outsourcing IT?

• Strengthen IT. Strengthen the utility’s Cybersecurity and IT operations
• Everyone else does it. Most other electric utilities have already.
• Sensitive Information will stay in the US.

What piece of legislation is targeted to prohibit the outsourcing? Federal COVID relief bills.

Chattanooga Times Free Press via Governing | Congressman Attempts to Block Utility’s Outsourcing Efforts

The pension system:California State Teachers’ Retirement Systems

Why is California State Teachers’ Retirement Systems investing in energy storage? It’s part of its climate policies. The system adopted climate based policies 15 years ago

What has the pension system done to support energy storage?

• Supporting storage technology development and implementation through investments
• Corporate engagement in developing viable energy storage technology 

EDF + Business | CalSTRS says climate is major portfolio threat, companies must walk the walk on net-zero

Who is saying there is an annual $344 Million cost saving for Texans with distributive storage?  Texas Advanced Energy Business Alliance 

How much distributive energy is necessary to save $300 million annually in Texas? 1,000 MW of distributed storage

The numbers behind the analysis:

• 20% reduction in peak demand with added storage or other DERs
• 20% of Texas transmission and distribution expenditures are due to load growth
• peak demand reductions ranging from 5% to 25% from adding DERs

Texas Advanced Energy Business Alliance  | “The value of integrating distributed energy resources in Texas.” 

PV Magazine | Distributed storage could save Texas $344 million per year by deferring transmission and distribution costs

What coalition was behind the legislative success? Fix the Pipes Alliance

Who are members of Fix the Pipes Alliance? broad coalition of labor, business, environmental, city and legislative leaders

What funding mechanisms were adopted to replace aging and failing sewer and water systems?

• at least $300 million statewide funding for municipalities to upgrade sewer and water pipes
• inclusion of water & wastewater funding in the state  $2 billion state bonding bill 

Is there a COVID benefit? Puts 7,200  tradespeople to work

Duluth News Tribune | Coalition urges Minnesota Legislature to pass construction bill to fix sewer, water systems

What is the Cyberspace Solarium Commission? Created by Congress to “develop a consensus on a strategic approach to defending the United States in cyberspace against cyberattacks of significant consequences.” 

Where can I find the report? https://www.solarium.gov.

Did they make recommendations? Yes, 80

Why is private corporation and government cooperation important in energy? 87% of energy critical infrastructure is privately owned

What are the big picture takeaways?

• Governments should codify “systemically important critical infrastructure”
• Need for an established plan that maintains the continuity of the economy in consultation with the private sector “to ensure continuous operation of critical functions of the economy in the event of a significant cyber disruption.”

T&D World | Utility Commissioners Briefed on Pillars to Boost Critical Infrastructure Security

Where: Richmond, California

What’s the charging rate?

• FREE to the public
•  Stores power up to 225 miles of electric driving each day
• Up to 28 miles of range per hour

What else do I need to know?

• Allows first responders access to electricity in power shutoffs
• Operates off-grid
• Saves the city installation construction costs
• Generates no utility bills
• Relocates as needed

East Bay Times | Solar-powered EV station opens in Richmond for public use

Where: Mexico

Why did Mexico stop connecting solar and wind energy to its grid?

• protect energy security during the Covid-19 pandemic

What do opponents say?

• There is no technical motivation or legal basis
• Negatively impacts competition

PV Magazine | Mexican government halts grid connection of new solar and wind projects

What prohibitions are in the executive order?

• ban the use of equipment for the power grid manufactured by a company under the control of a foreign adversary
• ban the buying of equipment that poses a national security threat

The executive order also creates the Task Force on Federal Energy Infrastructure Procurement Policies Related to National Security.  Who sits on this task force?

• Chair: Energy Secretary or the Secretary’s designee
• Secretary of Defense
• Secretary of the Interior
• Secretary of Commerce
• Secretary of Homeland Security
• Director of National Intelligence
• Director of the Office of Management and Budget
• head of any other agency that the Chair may designate in consultation with the Secretary of Defense and the Secretary of the Interior

The Whitehouse | Executive Order on Securing the United States Bulk-Power System

The Hill | Trump issues executive order to protect power grid from attack

Where: East Texas

Who:

• Angelina & Neches River Authority 
• The Texas Rural Water Association
• Texas Wide Area Radio Network

What: Distributing 7,000 masks, with a limit of 5 masks per employee

Lufkin Daily News | ANRA offering masks for water and wastewater utility workers

What is Autobidder? Tesla’s software to control those energy assets

Where has Tesla applied to be a utility? The United Kingdom

How is Tesla talking about it?

• “Autobidder provides independent power producers, utilities, and capital partners the ability to autonomously monetize battery assets“

• “Autobidder is a real-time trading and control platform that provides value-based asset management and portfolio optimization, enabling owners and operators to configure operational strategies that maximize revenue according to their business objectives and risk preferences.”

What can Autobidder’s AI do?

• Price forecasting
• Load forecasting
• Generation forecasting
• Dispatch optimization
• Smart bidding

Electrek | Tesla has a new product: Autobidder, a step toward becoming an electric utility

BBC | Tesla applies to generate electricity in UK market

Who:  Ormat Technologies, Inc, a subsidiary of Viridity Energy Solutions Inc

What:  Rabbit Hill Battery Energy Storage System facility in Georgetown, Texas

How much power? 10 MW of fast responding capacity to the ERCOT market

Benefits of the battery storage according to supporters:

• grid reliability support for ERCOT
• provides all types of ancillary services required by ERCOT, including fast frequency response.

Is this Ormat’s 1st battery storage & grid support? No, they are also in, or getting into:

• New Jersey
• New England
• California

Ormat Announces Commercial Operation of Rabbit Hill Battery Storage

Who is tying COVID recovery & electricity provider choice? Texas Power Switch

What is Texas Power Switch? A coordinated electricity auction to offer cost savings operated by iChoosr, an electric power aggregation service

What are supporters saying in a post COVID world?

• More people working from home
• Higher Electric Bills, residential usage is 30% higher over last year
• Great time for saving costs through iChoosr

Killeen Daily Herald | Texas Power Switch hopes to save consumers money as economy recovers from coronavirus

Where: Chicago

What are the new building codes for EV charging in Chicago?

• new residential construction of five units must reserve reserve no less than 20% of parking spaces for EVs
• commercial properties with at least 30 on-site parking spaces (previously 50) must reserve no less than 20%of parking spaces for EVs.
• No requirements for retrofitting existing buildings

Smart Cities World | Chicago strengthens EV charging measures for new buildings

What are we talking about? the University of Texas endowment, the second biggest university endowment in the US with  $30 billion in assets

How would a cut in production help the UT endowment?

• CEO of University Lands says a 20% cut to production would be an effort to help save the endowment value
• Estimates show the Endowment in 2020 will sendto the Permanent Univeristy Fund $300 Million less than it did in 2019

When will the Texas Railroad Commission next act on a cut to production rates? May 5, 2020

Chief Investment Officer | University of Texas Endowment Oil Money In Jeopardy

Where: Mississippi

What happened? Prior to COVID restrictions, Pontotoc Mississippi Electric Power Association voted against offering broadband during an April special called meeting

How are the other 11 power associations proceeding in Mississippi? Moving forward with broadband

How did Pontotoc customers respond? By calling for broadband implementation & for greater input

Governing | Mississippi Residents Urging Broadband Reconsideration

What does “battery storage pipeline” mean? Co-locating battery storage with renewables

Is this unique to the US? No, here’s how a battery storage pipeline connected Ireland.

What regulatory challenges do these projects present?

• increasing rapidly
  • 3x more hybrid capacity in development than the 4.6 GW now online
  • 12x times more in the pipeline
• are these hybrids part of the wholesale market?
  • awaiting regulatory decisions
• how do they fit into the current regulatory system
  • applying traditional optimization rules may not be the best approach for hybrids
  • is “the “conventional wisdom” in the power sector that storage and generation should each be optimally and independently sited is still true?
  • Two different approaches apply to the hybrid & rules need to be adjusted to make it fit. (1) Battery storage is load when it is being charged and (2) generation when it is discharging.

4 Possible regulatory solutions:

• ” asset owners bid the renewables and the storage into the wholesale market as individual resources and allow the system operator to take and schedule them as needed”
• “give the system operator control of the hybrid’s resources to use separately unless system reliability necessitates use “as a single resource”
• “managed the hybrid as a single aggregate resource by the system operator in the same way that they have been managing standalone storage”
• “allow the asset owner to bid the hybrid project as a single aggregate resource into the market”

Utility Dive | 84 GW US renewables+storage pipeline has developers anxious for market integration rules

Where: Tuscon AZ

Which Utility? Tucson Electric

What is the rebate program for businesses with EV chargers?

• incentives of up to 85% of the cost of installing electric vehicle charging stations
• rebates of $4,500 per level 2 Chargers
• rebates of $24,000 per DC fast-charger port
• Total rebates capped at 75% of total cost
• If the business is a non-profit, apartment complex, or condo association the rebate is:
  • $6,000 per port for Level 2 chargers
• Higher incentives for entities located in low income areas:
  • $6,000 per port for workplaces
  • $9,000 per port for multifamily customers and nonprofits
  • $40,000 for DC fast-charger systems

Arizona Daily Star | Tucson Electric rolls out business rebates for electric-car chargers

Who delayed the implementation of grid security standards because of COVID? North American Electric Reliability Corp. (NERC) 

When were the new standards set to take effect? July 1, 2020

What is the new effective date? starting in October 2020

Utility Dive | COVID-19 forces delay of 7 reliability standards, including cybersecurity supply chain protections

Who has created a grant program to pay utility bills? Montgomery Economic Development Corporation

Why was the grant program created? To help businesses located in the city limits with COVID related costs

What does the grant program provide?

• up to $250 to cover utility bills
• open to any business that has generated at least $12,500 in Texan sales tax revenue in the last year
• requires that the business demonstrate a sales drop of at least 25% in March or April

Community Impact | Montgomery Economic Development Corporation creates grant for local businesses’ utility bills

Where: Charleston, SC

What: a Proposed seawall to protect the city from Hurricane Storm Surge

What are the numbers behind the sea wall?

• $1.75- $2.2 billion-dollar cost for a seawall around the lower Charleston peninsula
• Cost to the City:  $600 million of total cost
• 9-miles lone
• 12-feet-tall sea wall fortification
• 3 years studying the sea wall proposal by the Army Corps of Engineers
• 1/2 of the city’s  historic structures are at high risk for ruin in storm surge
• 100 structures have been identified to be lifted off the ground in addition to the sea wall for a $6.725 million cost

ABC 4 News | Billion-dollar seawall around Charleston proposed to battle future hurricane storm surge

Who is researching how to cut methane emissions? UT-Austin Center for Energy and Environmental Resources

What data is key to cutting methane? measuring methane emissions at natural gas production sites

Do methane emissions counter a switch from coal to natural gas electricity generation? Yes, “replacing coal with natural gas for generating electricity, natural gas starts with a large advantage of lower CO₂ emissions, but that advantage is eroded by methane emissions.”

What 2 pieces of information are crucial in the future to cut methane emissions?

• identify where methane is being released
• identify high emitters of methane in the natural gas supply chain

Energy for Progress | UT-Austin’s Texas-Sized Goal: Cut Methane Emissions Even Further

Who: TESLA

How is this different than normal backup battery charging?  This new feature is outside the normal load of the household

How does charging in an outage work on this new feature?

• Now the power wall will slow or stop your vehicle’s charging, keeping your home loads powered
• Tesla vehicle will charge from the Powerwall whenever it is above the threshold that sustain household power

Electric | Tesla releases new feature to charge your car with Powerwall during power outages

Who: Eversource, a Boston-based electric services company

What: a virtual energy assessment that can include covering the cost of insulation & receipt of energy efficient products like LED lightbulbs, advanced power strips, and thermostats

Electrek | Virtual energy efficiency

Where: Virginia

What: House Bill 1526 and Senate Bill 851 (2020 | VA)

The Governor’s Statement on the Legislation:

• clean energy & a strong economy go hand in hand
• promotes energy efficiency
• sets a schedule for closing old fossil fuel power plants
• requires electricity to come from 100% renewable sources
• Energy companies must pay penalties for not meeting their targets
• Penalty revenue would fund job training and renewable energy programs in historically disadvantaged communities

Office of the Governor of Virginia | Governor Northam Signs Clean Energy Legislation

Why is battery storage important in California? California is over producing renewable power and has to stop production because of grid capabilities

How does the energy generation mix look in California?

• Some days 85% renewable generation
• In peak summer months, 15% renewable

What is current battery storage capacity? Most storage is 4 hours

How does battery storage function with a switch to hydrogen power generation? Hydrogen power can be stored in salt dome caverns, without battery storage

Governing | America’s Largest Municipal Utility Invests in Move from Coal to Hydrogen Power

Where: Los Angeles, California

Why is Los Angeles municipal power moving to hydrogen power? Committed to 100%renewable power by 2050

Is LA alone is the 2050 commitment to renewables? No, 150 cities have adopted 100% renewable standards

Is there a legislative angle too? Yes, former Governor Jerry Brown signed statewide renewable goal legislation in SB 100 (2018 | CA)

How will the move from coal work?

• LA will transform a coal-fired power plant to hydrogen
• Mitsubishi Hitachi Power System will manufacturer and service the turbines
• Fully renewable will be phased in:
  • By 2025 30% hydrogen and 70% natural gas
  • By 2045 upgrades commence for 100% hydrogen power

Governing | America’s Largest Municipal Utility Invests in Move from Coal to Hydrogen Power

Who: IKEA

What: 49% ownership stake in a solar parks, to equal energy consumption of 50 IKEA stores

Which solar park?

• Misae solar project in Texas
  • 567GWh of energy annually

How does the acquisition reflect IKEA’s power usage? IKEA produces more energy than it consumes.

What are IKEA’s clean energy goals?

• consume 100% renewable electricity by 2025 in each of its 30 countries it operates
• phase out fossil fuel-based heating and cooling by 2030
• invested close to €2.5 billion (£2.2bn) in renewable energy since 2009

Energy Live News | IKEA’s owner acquires solar parks in Texas

Who: Envision Solar

How does solar EV charging work?

• no construction required
• no utilities required
• set up takes minutes
• area required is equal to a parking space
• flood proof to 9.5 feet

Supporters say:

•  expands emergency preparedness
• improves energy resiliency
• serves areas threatened by floods and rising sea levels

How much of a charge can the solar charger offer?

•  225 miles of daily EV range

Car Buzz | Solar-Powered EV Charger Is A Brilliant Off-Grid Solution

Who is the new independent market monitor director? The former ERCOT director of wholesale operations, Carrie Bivins

What entity appoints the independent market monitor director? the Texas Public Utility Commission

Houston Chronicle | PUC appoints ex-ERCOT director to monitor power market in Texas

Where: Texas

What: Texas Railroad Commission will hold a April 14, 2020 public hearing on to consider whether it will order production cuts

When did the Railroad Commission last issue production cuts? Early 1970s

How will a COVID public hearing function?

• Online viewing of the hearing
• Submit public comments by April 13th
• When public comments are submitted, instructions will be sent to give public testimony during the hearing

Railroad Commission of Texas April 14, 2020 public hearing notice

Houston Chronicle | Railroad Commission to hold public meeting this month on production cuts

Opponents to the Texas Railroad Commission cutting production by rule say that a production cut:

• Is being called for by specific companies against larger producers
• Will put Texas at a competitive disadvantage
• Is a short sighted solution

Reuters | Occidental Petroleum opposes possible Texas oil curtailments: letter

Where: Texas

What is the new oil & gas coalition? Texas Methane and Flaring Coalition

Who? 7 state oil & gas industry associations + 40 Texas-based producing companies, including Permian Basin Petroleum Association

Why was the coalition formed?

• a strong commitment to environmental progress
• showing that the industry is not backing away from seeking solutions to flaring and methane emissions
• develop industry-led solutions

The coalition will have 4 subgroups:

• identify, assess, and recommend opportunities and best practices to minimize methane emissions and flaring
• look at flaring and infrastructure, why and when flaring is necessary and communicating why and when it is necessary
• evaluate existing studies and summarize those findings to identify opportunities to implement best practices and, again, analyze ways to improve data for more accuracy and consistency
• communicating the coalition’s work with all stakeholders, from industry to legislators and regulators to the general public through its new website

www.texasmethaneflaringcoalition.org

Midland Reporter Telegram | New state coalition to examine flaring, methane emissions

How has self distancing & staying at home changed how electricity is sold in Texas?

• door to door sales have stopped by some electricity companies
•  encouraging customers to contact company by phone, online chat or through an app
• shift to phone sales

Houston Chronicle | Community lockdowns change how electricity is sold in Texas

The economist: Univeristy of Houston’s Ed Hirs

Hirs says production limits have zero impact on:

• the oil & gas market
• protecting the oil & gas work force
• won’t prompt refineries to buy oil they are not already buying
• Texas has been exporting millions of barrels a day because there is no domestic market

The solution to protect texas oil & gas:

• Quick global solution to COVID to strengthen the global economy

Midland Reporter Telegram | Energy economist: Production cuts won’t work

Where: Virginia

What triggered the EV proceeding? Virginia State Corporation Commission opened the proceeding because of a EV pilot program

What did the EV pilot want to accomplish?

• The utility’s program would meter the whole house
• By using the smart charger & WiFi network in the member’s home
• The EV Charging company would then pull that data into their meter management system
• Bill credit of $0.04/kWh if all charging was done in off-peak hours

What issues does the regulator want to dive into?

• Is the market for providing public charging stations competitive or should it be considered a natural monopoly with service provided exclusively by regulated utilities?
• What is the proper role, if any, of utility investment in the deployment of public charging stations?
• The current level of demand being put on the distribution grid by electric vehicle charging, and how that is expected to grow?
• How rate designs should be structured to incentivize off-peak EV charging?
• How EVs can provide battery storage for the electric grid, and at what scale?

Utility Dive | Amid charging pilot developments, Virginia regulators to investigate EV grid impacts

Where: Dayton, Texas

How is Dayton’s water utility adapting to a COVID world? Installed payment kiosks

Are all services available at the kiosks? No

• customers cannot start service
• customers cannot end services at a kiosk

Will the city integrate other services into the kiosk? Yes

Kiosk Marketplace | Texas city installs kiosks for paying water bills

Where: Louisiana

What is Louisiana’s current severance tax? 12.5%

Supports say the benefits of cutting the severance tax are:

• Louisiana citizens to continue receiving paychecks and benefits
• Jobs will be retained in the industry
• federal government and state will have additional leeway to prioritize our resources
•  send a message to investors that Louisiana’s business climate was more welcoming

The Advocate | Severance tax changes might help industry survive, supporters say

The major concern about grid security and COVID-19: Each grid control room relies on a handful of control room operators

Corrective measures by power companies:

• require control room operators to live on-site at power plants to reduce the chance of the virus making it in from the outside world
• limiting contact by separating the work force & requiring many to work remotely

Potential legislative or regulatory corrections:

• Moving core utility staff to the definition of first responder

What happened to energy use in China and Italy at the pandemic height? electric use plummeted

WIRED | America’s Electricity is Safe From the Coronavirus—for Now

Where: Colorado

What is Colorado’s reaction to state revenue losses? To consider cutting tax breaks for oil and gas

What oil & gas tax exceptions are being reconsidered? low gas prices will trigger exceptions to severance taxes that may result in $0 in severance taxes

How did Colorado get here? In 2018, Colorado gave oil & gas this tax break that grants Colorado operators a tax credit equal to 87.5% of the property taxes paid on the prior year’s oil or natural gas production to offset to their current year’s severance tax liability

Other Colorado severance tax exemptions:

• small, marginal wells, stripper wells, are exempt

Colorado Legislature | Legislative Council | Effective Tax Rates on Oil and Natural Gas

What flooding problem is being addressed with the new tech? seepage under a levee known as sand boil

How does the tech work?

• an umbrella-shaped screening device is inserted into the land
• to prevent sand boils from growing
• relieves underground hydrostatic pressure that created the sand boil
• inhibits subterranean erosion that can cause [the] failure of a nearby levee

What will this replace? sandbags around levees

Tech Link | 23 states listed in NOAA flood warning. Could this umbrella-like invention protect their levees?

NOAA | U.S. Spring Outlook forecasts another year of widespread river flooding

Where: Wisconsin

Which 6 utility rules did the Wisconsin Governor suspend?

• No Disconnections. Stop utility disconnection for nonpayment for all customers, including commercial, industrial, and farm accounts
• No late fees. Cease assessing late fees to customer accounts
• No reconnection fees. Halt the practice of requiring deposits from customers for reconnection of service
• All deferred payments approved. Allow deferred payment agreements for all customers who request them;
• No Administrative barriers. Remove any administrative barriers for customers establishing or reestablishing utility service
• Budget billing for water. Authorize water utilities to provide budget billing arrangements to customers. Electric and natural gas utilities already do this.

WKOW | Gov. Evers’ emergency order suspends utility rules

Who is the Consortium for Battery Innovation? Formally known as ALABC, the Consortium has been carrying out research into lead batteries for a quarter of a century

What’s the project cost difference between Lithium Ion and Lead Battery storage?  

• $469 per kWh for lithium-ion
• $549 per kWh for lead-acid

What’s the Capital cost of lead battery storage?

•  $260 per kWh for lithium-ion
• $271 per kWh for lead

Benefit of lead: it is readily available & there is no negotiating with China for lithium

Goal of the Consortium:

• increase a lead battery’s service life
• develop a lead battery that can charge and discharge more times throughout its lifespan
• ensure that the battery does not degrade its efficiency significantly

Utility Dive | Lead batteries make innovation push to better compete for energy storage projects

Where: Maryland

What’s happening in Maryland?

• HB 982 (2020 | MD) stalls when Legislature halts due to COVID
• HB 982 would set an annual incremental gross energy savings target for low-income customers of at least 1% starting in 2021
• HB 982 amends the current 2% annual energy savings to increase access for other underserved communities

Are other jurisdictions following suit? Yes

• District of Columbia Public Service Commission is setting a 1% target
• Pennsylvania has issued a draft order raising energy efficiency targets for low-income customers
• Connecticut and Massachusetts have a spending target for low-income efficiency investment
• Massachusetts has a spending target for low-income efficiency investment
• Michigan DTE Energy is testing an energy efficiency and bill assistance program 
• Missouri Public Service Commission issued an order to keep Ameren’s fixed rates flat and increase funding for low-income assistance programs

Utility Dive | Maryland efforts for low-income energy efficiency target stalled by COVID-19

• Ohio PUC order prohibits competitive gas & electricity supply companies from sending sales staff door-to-door during the declared coronavirus emergency.
  • How did this get started in Ohio?
  • formal request filed by the Ohio Consumers’ Counsel
  • OH Consumer Counsel recommended that the PUCO “immediately and indefinitely halt energy marketers’ door-to-door sales so as to protect Ohioans from the coronavirus.”
• Pennsylvania PUC also prohibits door to door energy sales during the declared coronavirus emergency.
• Illinois Commerce Commission similar ban on door to door energy sales.

Utility Dive | Ohio bans door-to-door energy sales over coronavirus concerns, following Illinois, Pennsylvania

• City of Virginia Beach
  • Uses Smart Water Tech for Emergency Management
  • Goal: Water observation data for real-time water levels
• Ann Arbor, Mich
  • Uses Smart Water Tech for Stormwater Management
  • Goal:  Real-time, instant snapshot of water conditions to better gauge valve release times
• Solano County, CA
  • Uses Smart Water Tech for farmers to detect and track water information
  • Goal: Support for farmers to trade their water on a blockchain platform
• DC Water
  • Uses Smart Water Tech to identify operating anomalies with pumps & monitor wastewater treatment assets, manage energy and avoid costly maintenance

State Tech | How Smart Water Makes Cities More Transparent

• historically low-interest rates to make clean energy investment
• plunging oil prices warps energy markets as production of gas slows
• an eager to work workforce

The Hill | Coronavirus crisis opens new paths toward clean energy

Where: Florida

The legislation: An amendment to HB 1095 (2020 | FL) Underground Facility Damage Prevention and Safety sets a 12 year term limit

Why? Office of Public Counsel has successfully challenged utility efforts to charge customers by adding to the rate base or to raise customer rates

Is Florida’s Office of Public Utility Council elected? No, appointed by the Governor with approval from the Senate

Miami Herald | Legislators want to impose term limits on consumer advocate in utility rate cases

• 1,452 MW in 2020 doubling 2019
• 3,646 MW in 2021 tripling 2020 levels
• driven by the first large-scale utility procurements such as:
  • PG&E’s 182 MW, 730 MWh Elkhorn Battery Storage
  • Vistra Energy’s a 300-MW, 1,200-MWh battery project at the Moss Landing natural gas-fired plant
• 186.4 MW of energy storage deployed in Q4 of 2019 the biggest quarter for capacity storage on record
• a 300-MW, 1,200-MWh battery project at the Moss Landing natural gas-fired plant

Utility Dive | Energy storage deployments to increase 7x between 2019 and 2020: WoodMac

Why are investors drawn to publicly traded water utilities? Investors looking for sustainable investments

Are sustainable investments part of ESG investments? Yes, sustainable investments are included in new environmental, social and governance, or ESG, benchmarks

What boxes do water utilities check off for ESG investments?

• fall under environmental and governance mandates
• provide an essential social service
• strict ESG mandates cannot invest in most electric utilities because of their nukes and coal plants
• have a much longer investment horizon
• lower operating risk
• face lower customer-affordability pressures
• don’t face technology risks

Wall Street Journal | Publicly Traded Water Utilities Draw Investors

The ports turning to microgrids: Long Beach, San Diego & Los Angeles

The fact sheet of Long Beach’s Microgrid:

• $7.1 million
• required a variance from the Utilities Commission
• 300-kilowatt carport solar photovoltaic array
• 330 kilowatts of stationary battery storage
• first-of-its-kind 250-kilowatt mobile battery energy storage system
• $5 million grant from the California Energy Commission’s Electric Program Investment Charge (EPIC), a ratepayer-funded energy innovation research and development program.

Greentech Media | California Ports Turn to Microgrids for Energy Security, Demand Flexibility

Location: The surge is in California where battery storage are replacing gas powered generation

Interest in Financing projects: Southern California and Texas

Who was investing first? Private equity

Did anything happen as bank investment interest grew? yes, the price of lithium ion battery dropped

Press Herald via Bloomberg | Banks finally start to spend big on giant batteries

Los Angeles Times | Giant batteries, key to solar and wind power plans, start to get bank backing

S& P Global | In a ‘groundbreaking year,’ massive US battery storage projects underway in 2020