Howdy all! Here’s a little newsletterin’ to ward off those Monday blues:
- Elon Musk has joined with Approximately A Jillion Other People, including yours truly, in declaring that Tesla’s stock price is too high. But the difference is that Musk’s opinion, unlike my own, matters: The stock price dropped 3% shortly after his statement. I wish I could just say stuff and have it immediately affect the economy, that would be cool.
- The archipelago of grid islands and literal islands that we call Hawaii is moving aggressively towards a goal of 100% renewable energy by 2040. The recipe for achieving this varies by island, and contains a mix of distributed generation, feed-in tariffs, demand response, grid-scale solar photovoltaic, wind, and biofuels.
- The White House has released a “Unified Agenda” for rolling back environmental regulations, including the Clean Power Plan, the Clean Water Rule, and various EE standards. I’m sure the staff at the EPA/DOE who spent their careers crafting these rules feel very unified with the leadership about all this.
People keep telling me “winter is coming”, but it feels like the exact opposite as far as I’m concerned. I’m going to try to write this post as quickly as I can before I melt.
Power Trip is delighted to announce that there will be a happy hour Tuesday July 11th (tomorrow), 6 PM at John Collins on 138 Minna St. Hope to see everyone there! Bring your fine selves and electricity-related opinions.
In the news this week:
A short (and late) newsletter for a short work week. No news this time, just a quick announcement that our next event will be a happy hour next Tuesday, July 11th at 6PM at John Colins (138 Minna St.). Hope to see you all there! And if you’re coming from Intersolar, feel free to invite anyone from the conference who might be interested!
It’s now officially summer! I believe it was Mark Twain who once said, “The coldest winter I ever spent was that summer in San Francisco when the Power Trip newsletter was posted late. Oh, what bleak days, what horrible and bleak days.”
In the news:
The top story from this weekend is that the Earth has deviated from its orbit and is now flying directly into the sun, as you might have figured based on the weather from the past few days. Haha, not really! It’s just global warming.
Thanks to everyone who came out to our round table last week. Special thanks to Alana Lemarchand for leading our discussion on the locational value of DERs. As requested, I’m providing a link to the Nexant report on the topic: http://www.nexant.com/resources/addressing-locational-valuation-challenge-distributed-energy-resources
On to the news!
Hi there! A reminder that tomorrow (June 13th) we will be hosting a round table at 6pm in the Nexant office (101 Second St, 10th floor). Alana Lemarchand, a senior consultant at Nexant, will be discussing the locational value of distributed energy resources. If you plan on attending, please RSVP here: https://goo.gl/forms/zp9EnbypJN27YpSS2
In this week’s non-Comey/Sessions news:
Here in our California IOU bubble, we tend to take it for granted that total utility revenues are dependent on an authorized rate of return on investment, not total kWh sold. However, this idea is far from universally accepted in the US. Xcel energy is just now considering implementing this policy (known as revenue decoupling):
Regulators and utilities are rethinking their plans to invest in gas-fired plants after an LA Times investigation found that California has over-invested in these plants. My guess is, we probably need less old-school base load and peaker plants, and more flexible ramping generation to deal with that pesky duck curve:
First, a quick announcement about our next round table, which will take place Tuesday, June 13th at 6pm in the Nexant office (101 Second St, 10th floor). Alana Lemarchand, a senior consultant at Nexant, will be discussing the locational value of distributed energy resources. If you plan on attending (or are considering it), please RSVP here: https://goo.gl/forms/zp9EnbypJN27YpSS2
On to the news!
First off, thanks to Thomas Yu and Audrey Lee of Advanced Microgrid Solutions for their very educational and entertaining talk on the economics of energy storage, and to the good folks at E-Discuss for hosting. Here’s to many more future events!
In this week’s news:
Wrathful Egyptian sun-god Ra, displeased with California’s hubris in attempting to harness His power with our puny photovoltaic arrays, has ordered a solar eclipse to teach us all that we exist at His pleasure:
A comparison of solar adoption forecasts to actual data, showing that even the best get it very very wrong. An interesting reminder that 1) forecasting is hard, 2) never blindly accept what experts say, 3) humility and retrospectives are important to get better at forecasting. http://www.visualcapitalist.com/experts-bad-forecasting-solar/
One of the United States’ first working microgrids is going into service in Illinois. Cool stuff-it will be interesting to see how much value microgrids add, and if they are worth pursuing as a public policy goal.
It’s time for electricity news, everybody! Electricity news is the best type of news for two reasons: 1) It involves a highly antiquated business model that is being tested in unexpected ways by rapidly evolving technology, and 2) it DOESN’T serve as a constant reminder of our fragile political system or embarrassing national history. Let’s all read some electricity news and forget about our troubles!
Oh, but first an announcement. Our very own Thomas Yu of Advanced Microgrid Solutions will be hosting an E-Discuss along with Audrey Lee, AMS VP of Analytics and Design, this Wednesday. They’ll be discussing economic optimization of DERs. More info below:
As VP of Analytics and Design, Audrey leads design and engineering of AMS’s software platform, Armada, which optimizes fleets of distributed energy resources as a grid resource. Thomas sees it all first-hand as AMS’s NOC Operator. AMS deploys large networks of battery systems in buildings and industrial facilities where electric utilities need grid support, and our duo will be speaking about serving customers and the electricity grid via economic optimization of distributed energy resources.
What: Economic Optimization of DER
Who: Audrey Lee & Thomas Yu (AMS)
When: Wednesday, May 24th, 6:30p mingling, 7:15p discussion
Where: ECO-SYSTM @ 540 Howard St
Potluck theme: Spring Harvest
# to call if you’re locked out: 617-257-4136
On to the news!