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2022 is a lost year for global climate goals
With the invasion of the Ukraine, supply chains, ports, ocean going vessels and other parts of the logistics world are disrupted.
Oil prices are already up, and the US and European prices for Natural Gas will rise as the US prioritizes and delivers more gas to Germany and other European companies, this may go on for decades.
Don’t be surprised if the US administration prioritizes and permits more Natural Gas drilling and the President of the US signs an executive order or two to ease drilling and more pipelines.
If the gas prices rise enough, expect the fall elections to change the face of the US Congress significantly.
Lead times on batteries, transformers, and more have already jumped this morning based on some phone calls this morning. Many suppliers are unwilling to provide lead times today, beyond “it will take longer, but we have no idea how much longer.”
We may see further sanctions against governments beyond Russia if they support the Russia in the Ukraine.
Utility interconnects will be delayed for lack of equipment, likely the larger ones will be pushed out more than a year. Many utility employees are part of the National Guard or Reserve, if they are called up, lead times on non-emergency work will go up, even after they return to their day jobs, it will take time to work through the backlog of engineering work.
Utilities and developers need to work together to figure out a way forward. Regulators will have to relieve the “first come, first serve” if they want to maximize interconnections.
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