1) Avangrid files a motion in MA for one month suspension of offshore Commonwealth Wind PPA, citing, "economic challenges… historic price increases, sharp and sudden increases in interest rates,” and requests, "modest changes", to associated PPA.
2) Siemens Gamesa releases a wind turbine on its 5.X platform w/rated output of 7 MW, for medium to high wind speed locations.
3) Salt River Project inks agreement w/Plus Power for two battery storage systems totaling 340 MW, and 1,360 MWh to be operational by mid-2024. Both to be owned and operated by Plus Power subsidiary, w/SRP retaining dispatch control.
4) EV charging co Electrify America installing battery storage systems at DC Fast Charging stations to act as buffers, managing costs and reducing stress on grid. First MW-level system now online in Baker, California at 1.5 MW/3 MWh.
5) PG&E receives OK for the nation's first V2G tariff for commercial EV charging customers, compensating EVs for exporting power back to grid during peak periods.
6) Reuters review sees the world's top automakers spending $1.2 trillion through 2030 on EVs, batteries, and associated raw materials, up 2X from review a year ago.
7) Pacific Corp and modular nuclear reactor company, TerraPower announced they're evaluating five sites for TerraPower's fast sodium MNRs integrated w/molten salt storage.
8) Micro inverter supplier Enphase will onshore some product manufacturing in response to the recent IRA and tax credit of 11 cents/watt for microinverters.
9) BNEF estimates cost of $149 billion for Europe and $113 billion for the US to domestically produce all batteries and solar panels necessary to meet demand by 2030.
10) Study in Nature sees “made in America approach” conflicting w/U.S. emissions reduction goals, in part due to price increases.
Peter Kelly-Detwiler
Top Contributor