Battery - Business Research Insights’ Post

The longest heat wave of the year in California kicked off yesterday with triple-digit temperatures, which poses a huge threat to residents and the electrical grid. Yet, on this same day, around 3.5 GWh of energy from wind and solar was curtailed - in other words, an order came to stop production. That would have been enough energy to power 120,000 single family homes and their air conditioning for an entire day. Why? Because of supply and demand. The times when renewables generation is strongest are not the same as the times of peak demand. That comes in the late afternoon or early evening when temperatures are warmest. California is rapidly installing huge batteries to solve the problem, with new records being broken seemingly every month. But it still isn't enough. LFP batteries, being nearly exclusively produced in China, have been affected by geopolitical tensions. Recent tariffs introduced by President Biden will bite soon and even though they are safer than NMC batteries, LFP batteries remain a fire safety concern. This presents a durable market opportunity for a safe, inexpensive, and reliable battery technology that does not rely on critical materials, like Quino Energy's water-based flow batteries that store electrical energy in organic quinone molecules. #energystorage #batterytechnology

Transitioning to clean energy and zero carbon is not only possible it is actively happening in California. Strong policies and mandates have helped to make the transformation possible, while helping to drive down costs and demonstrate effectiveness for the rest of the country. Beware of the fossil fuel based version in Texas that uses cheap coal energy to charge batteries. We need more solar plus storage! #climateaction #cleanenergy #carbonneutral https://lnkd.in/gS3NtCVN

Do you hate high #electricity prices? Are you looking for something to blame? Well, a "non-partisan think tank", has done your thinking for you! The star of the show is #Massachusetts! With nothing further than the #energy mix being higher in #NaturalGas, the think tank has proved that the cause of high prices is they use gas! But don't worry, #CleanEnergy will lower prices. It is assured because the *rate* of *increases* in prices of electricity has [for some states] been *slower* in areas where faster deployment of #Solar and #Wind occurred. Well, there you have it. QED. Really? How about #California? "Wildfires are hitting electricity customers hard, especially in California. Even though it’s one of the country’s leading clean energy states, wildfire-related costs including grid investments, vegetation management, and insurance have grown to 16% of total electricity costs paid by customers..." It has nothing to do with CA's energy policies? Considering that CA is the most anti-fossil fuel State politically right now, and has turning the screws on the industry through regulatory and legal measures--further considering that they have the most renewables penetration in their energy mix, and they have had political unity for years and a staff in their energy department and public utilities commission of over 1600 and with all this going for them, they can't get prices down to reasonable levels versus the rest of the country, and the answer is that it is simply big bad oil or king coal? There is energy policy & regulations, market structure, and electric utilities. The idea that the fuel alone would be a culprit and that solar and wind are the clear solutions is as misguided as it is implausible. The reasoning is like a Rube Goldberg machine that ends you up in a dark empty alley wondering how you got there. Not even solar or wind operators could guarantee low prices during the time they produce, let alone give supply needed in a free market when they don't. One would have to ask how to incentivize affordable, reliable and accessible energy that is cleaner and cleaner in its production, transport and consumption. Then, such a market could properly function. Let's make better energy decisions. RBAC, Inc. rbac.com GPCM® Market Simulator for North American Gas and LNG™ Read more about the #NewEngland's energy crisis from Scott McKenna: https://lnkd.in/dB4Xs-cw Would love to hear from Meredith Angwin and Isaac Orr, as I'm seeing this story about "speed of increase" of costs around on X. https://lnkd.in/dTmbSieh

Great post by Grid Status! Based on the fifth graph, my estimate is that the California ISO #batterystorage boom up through April 2024 played a lead role in a roughly 30% reduction in average April daily GWh from natural gas in 2024 compared to 2023. 🌞🔋 #solarpower #energystorage #decarbonization #energytransition

Energy prices are skyrocketing in California. The state’s electricity, gasoline, and natural gas prices are amongst the nation’s highest and rising. Green energy policies are the primary cause for high and escalating California energy prices. https://lnkd.in/dFus4geF

All around the United States, if one looks closely, one can see the pervasive influence of #fossilfuels and #utilities to preserve the status quo, to protect their monopolies on #energy generation and distribution, and essentially, the right to burn. It's not a political issue but more a data and philosophical issue: (a) What is the value of peak power, i.e., 11am-3pm, load generation delivered by PV to the grid? If there is value it should be fairly compensated. This answer is obvious and can be easily calculated from the avoided cost of new peak generation investment (and other factors), as NYSERDA has done; and (b) should businesses and consumers be penalized/taxed for generating their own clean energy when their utility fails to do so, i.e., freedom of choice. The Arizona example below is one of one hundred examples of local barriers to the country's committed goals for #renewableenergy.

Brandon Shores Power Plant in Maryland exemplifies the challenges of shutting down aging coal plants due to outdated grid planning and energy policies. Despite widespread support for its closure, the plant may remain operational until at least 2028. The grid operator, PJM Interconnection's reactive approach to plant retirements and backlog in integrating #renewableenergy projects, has stalled the transition to cleaner alternatives. The costs of keeping such "zombie" coal plants open are high and borne by local ratepayers. Clean energy advocates call for proactive transmission planning and innovative solutions like #batterystorage to replace these outdated, polluting facilities. The situation underscores the need for updated regulatory frameworks to facilitate the energy transition and prevent similar issues in the future. https://lnkd.in/dKzWQpDt

Ever wonder how your energy bill with SRP is influenced by energy trading? Let's dive into how we handle this critical aspect of operations! At SRP, we actively engage in both bilateral and CAISO (California ISO) trades to optimize energy resources. This means we’re constantly negotiating and settling trades that help stabilize costs and enhance our energy efficiency. This strategic trading is key to managing costs effectively, which directly impacts your energy bill. For more information on the current state of how the California Energy Market works, check out this article. #SRP #EnergyTrading #SustainableEnergy #UtilityManagement https://lnkd.in/gUHddiXw

Finally got around to watch this talk and can highly recommend for anyone interested in the future of electricity markets!