CARBONOZ

The US and China lead the world in grid energy storage! And with an over 120% YoY global growth rate, the 2030 target of 1,300 GW to support renewable energy capacity (to maintain the 1.5°C climate benchmark) will be met two years early! For 2024, an expected addition of 11 GW of US utility-scale storage installations will cumulatively bring storage deployments to rival China's 2023 capacity. https://lnkd.in/gbTx_Aba See Wood Mackenzie's U.S. Energy Storage Monitor: https://lnkd.in/gcrpaQT4. Both a combination of policy and projects are contributing to the rapid deployment. In #Illinois, new legislation (HB 5856/SB 3959) will create 8.5 GW of clean energy storage, one of the country’s most ambitious procurement targets. https://lnkd.in/gzAy29_m A recent study found that Illinois ratepayers will save $3B+ by utilizing energy storage to meet projected capacity shortfalls up to 15 GW. For more on the Illinois storage legislation and study, view the recent webinar hosted by Lesley McCain of Illinois Solar Energy Association with Mark Pruitt of The Power Bureau and Michael Strong of Fox Swibel Levin & Carroll LLP: https://lnkd.in/ggx_eHZa Slides: https://lnkd.in/gKE56qat. Read the full study: https://lnkd.in/gkmvMF9C According to Charles River Associates, 6.6 GW of generation leaving the supply stack in PJM Interconnection and a doubling of projected load growth due to electrification and data centers, caused capacity prices to increase 9x from $28.92/MW-day to $269.92/MW-day. https://lnkd.in/gdbdcBx2 This will cost consumers a “staggering” $14.7B according to a letter from five governors of DE, IL, MD, NJ and PA, sent to PJM, as reported by Utility Dive. https://lnkd.in/g62tZDwU A $695/MW-day price cap was set for the December auction, which PJM plans to delay. https://lnkd.in/gbvTaFN5 Other notable storage news: -The New York Public Service Commission committed to the state’s goal of 6 GW by 2030. https://lnkd.in/g5tXMWjx - #Massachusetts’ Senate passed its clean energy bill with a 5 GW target. https://lnkd.in/gd7NXWUv - In #Wisconsin, the proposed Vista Sands Solar project by Doral Renewables LLC will combine 1.3 GW of solar with 300 MW energy storage in Portage County. Quantum Energy, Inc. released a report that the combined public health and ecosystem benefits are projected to produce approximately $630 million in economic gains in the first year alone! https://lnkd.in/gvU7yAgb Abby Hopper Russ Bates Andrew DeMille Jonathan Roberts Amy Antoniolli Juan Mayoral Ivan Prock, P.Eng., BEng, MS Aaron Zubaty Robert Piconi Jonathan Rasmusson John Fitzgerald Weaver Eric Wesoff #energystorage #renewables #netzero

David Katz at the original location of Alternative Energy Engineering founded in Briceland, CA in the late 70s. Shortly after starting his business, David began selling PV modules to homeowners in Southern Humboldt County. He expanded his reach to national mail order sales in the early 80's. This photo was from sometime in 1980/81 when PV modules were $13/watt. This equates to more than $50/watt in today’s dollars. Now, you can buy modules for less than 1% of that price. The module on the right is a Solarex module. They appear to have used the same herringbone circuit bus pattern developed by Solar Power Corp (Div of Exxon) in the mid 70s. The module in the center is a Arco 16-2300, and the module on the left is a Photowatt (made in France). To see more photos and content about the early days of PV, join the "Solar Pioneers" LinkedIn Group.

"Sheep living among rows of solar panels spend more time grazing, benefit from more nutritious food, rest more and appear to experience less heat stress, compared with nearby sheep in empty fields." Agrivoltaics - combining land for solar and agriculture - brings a number of benefits, whether the land is used for grazing sheep or growing crops. For the solar: ➡️ The sheep keep vegetation and weeds down. This reduces the need for mowing, reduces cases of vegetation obscuring the solar panels (which reduces output) and reduces fire risk. ➡️ Crops underneath solar panels can reduce the temperature of the panels, stopping them getting so hot that their efficiency drops off. For the agriculture: ➡️ Water conservation. The panels reduce evaporation from the soil, reducing water needs for irrigation. This is especially important in arid or drought-prone areas. ➡️ The shade benefits some crops, reducing heat stress and preventing excessive water loss. And the sheep benefit as well. A 4-year trial in New South Wales found sheep grazing under solar panels produced better wool and more of it. Overall for the farmer it's an additional source of income by increasing the yield from the land. Yes it's not suitable for all crops or farming practices, but in general it's a big win-win. What is really interesting though, is that a significant "solar grazing" industry is emerging in the US, where farmers are becoming vegetation managers. They rent out flocks of sheep to solar farm owners and the sheep trim the vegetation 🐑 PS - Yes the sheep in this photo look ready for a rotation! Photo and quote are from the New Scientist. Link to article is below. #energy #sustainability #renewables #energytransition