Trent Justus Kososki

FERC has approved interconnection reform - and this is *generally* good for the energy transition. That said the devil in in the details of how states and utilities implement these changes. Some improvements like penalties assessed against utilities for tardy studies, trying to clean out queue squatters, and expressly identifying certain technical flexibility into interconnection design are good. However, we have specifically seen "Cluster Studies" and higher financial security requirements stymie development and create very costly and endless loops of re-studies in many markets (utility and DG). Calling on American Clean Power Association (ACP) Solar Energy Industries Association and importantly state level advocacy and watch dog groups to closely watch and actively participate as the implementation of these changes occur at the state level PUCs and DPUs - ensuring proper accountability and fair play. https://lnkd.in/ewehaH52 NYSERDA New York Solar Energy Industries Association MID-ATLANTIC RENEWABLE ENERGY COALITION Renewable Energy Vermont American Council on Renewable Energy (ACORE) Smart Electric Power Alliance NECEC Cleantech Leaders Roundtable

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Apricus Generation Acquires Controlling Interest in Nexus Renewables to Strengthen Renewable Energy Portfolio Apricus Generation, a Florida-based energy company, has announced its acquisition of a controlling interest in Nexus Renewables, a prominent Canadian solar and storage developer and independent power producer (IPP). This marks Apricus Generation’s first strategic acquisition since its launch earlier this year. Financial details of the transaction have not been disclosed. The acquisition aims to leverage Nexus Renewables’ established IPP platform and market presence, providing the necessary support and capital to enhance its operations. The collaboration is expected to significantly advance Nexus Renewables’ project portfolio, which currently exceeds 500 MW. Apricus Generation CEO, Ravi Thuraisingham, expressed his commitment to the […] Read the full story here: https://lnkd.in/dEKHEa5X #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #apricusgeneration #ipp #nexusrenewables #northamerica #renewableenergy #solarenergy

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Elevate Renewables’ Tonja Wicks said PJM has been messaging that new entry isn’t set to keep pace with deactivations and accelerating load growth, driving the need for process to quickly replace retiring generators with new resources. She also noted that only a small subset of projects that have cleared PJM’s interconnection queue in recent years have entered commercial operation, an issue she argued could be helped by focusing on proposals that can be quickly studied and are likely to be assigned minimal network upgrades. “We need new approaches to address this new problem that we’re seeing as we deploy new technologies,” she said. “We didn’t have reserve deficits 10 years ago.” Wicks said the Elevate package would establish a nine-month study process that would remain quicker than the two years she said it would likely take resources to typically clear PJM’s new approach. Not only would that allow some resources to receive ISAs faster, she said, but it would resolve a timing misalignment between when resources deactivate and when their CIRs can be passed on to a new resource. https://lnkd.in/g_yWWWuG #ElevateRenewables #PJM #regionaltransmission #RTOInsider #capacityinterconnectionrights

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New York Energy Week 2024: Hidden Profits in Energy Management with David Arkell, President & CE0, 360 Energy Inc. | Energy and Carbon Strategy | Tangible Results Delivered on June 28 @ 1:30 pm - 2:00 pm. Register here to join the conversation http://rb.gy/at1kat #energymanagement #sustainability #nyew #nyew2024

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NextEra Energy Plans Major Renewables Expansion by 2027 NextEra Energy Partners aims to grow its Renewables and Energy Storage portfolio to 81 GW by 2027, up from 38 GW. In Q3 2024, the company added nearly 3 GW to its backlog, primarily from Solar PV and Energy Storage. For 2024-25, it plans 7.3 GW of Solar PV and 3 GW of Energy Storage, with significant projects expected in the Southeast. Q3 earnings reached $2.1 billion.   Story Insights by Mansi NextEra Energy Partners aims to grow its renewables and energy storage portfolio to 81 GW by 2027 to capitalize on the increasing demand for clean energy solutions and to solidify its position as a leader in the renewable energy sector. While this initiative primarily impacts the U.S. market, it offers insights and potential benefits for India, where a similar transition towards renewable energy is underway, thus encouraging collaboration and investment in sustainable practices. Achieving this ambitious goal will involve adding substantial capacity through new solar PV and energy storage projects, supported by long-term power purchase agreements and partnerships with major corporate customers, as seen with the recent framework agreements totaling up to 10.5 GW. This expansion presents opportunities for job creation, technological advancements, and the development of a resilient energy infrastructure, ultimately contributing to a more sustainable energy future both in the U.S. and potentially influencing renewable energy strategies in India. To learn more about this Einfews story, please visit: https://shorturl.at/HGlHE For more Einfews stories on the power sector, visit Eninrac’s Einfews:  https://bit.ly/3OcLLXY To subscribe for more updates, mail us at: [email protected] #SolarPV, #EnergyStorage, #RenewableEnergy, #BESS, #NextEraEnergy

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Last week, Arevon Energy, Inc.’s CEO Kevin Smith shared his insights regarding the technologies, market factors, and policy drivers shaping the renewable energy industry. Jonathan Berke, the host of the NPM US (New Project Media) Interconnections Podcast, posed questions about MISO interconnection reforms, Arevon’s growing presence in CAISO, and how the company views transmission investments.  Kevin highlighted Arevon’s growing portfolio of storage assets, the maturation of battery technologies, and the impact of the IRA’s transferability provision on deal flow. He explained that perceptions around standalone storage as an asset class have shifted over the past couple of years, as lenders are more comfortable with underwriting these projects now. Kevin outlined the unique capital structure for Arevon’s Vikings Solar-plus-Storage Project, Condor Energy Storage Project, Cormorant Energy Storage Project, and Eland 2 Solar-plus-Storage Project, noting that Condor was one of the first deals in the market with a tax equity hybrid transfer structure. He highlighted Arevon’s strong relationships with banking partners, and the company’s tailored approach to project finance, which has resulted in more than $2.3 billion in financing in less than six months. To hear the podcast in full, you can access it here: https://lnkd.in/ewxgHHYm  

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#unavoidableopportunity #climateresilience investment now. "Separately, the Department of Energy is trying to help utilities squeeze more capacity out of the existing grid. That includes “grid-enhancing technologies” such as sensors that allow energy companies to send more power through existing lines without overloading them and advanced controls that allow operators to ease congestion on the grid. It also includes replacing existing lines with advanced conductors, which can potentially double capacity along existing routes. The Energy Department is currently offering $3.9 billion in funding that could go toward these and other solutions."

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PJM issued a Hot Weather Alert with expected temperatures in the mid-to-upper 90s over the next 10 days. To ensure grid reliability during this hot spell, the alert is in effect from June 17 through June 21, and may be extended based on updated forecasts. This alert prepares transmission and generation operators for significant increases in electricity demand. However, PJM Interconnection’s currently has the generation capacity and transmission capability to meet the expected demand on the system during the heat wave, but extended periods of extreme heat does have the potential to stress the electric system and cause reliability challenges. It's interesting to note that in comparison to 2023, on the solar side, the biggest projects include the 427 MW Fox Squirrel Solar Farm, 150 MW phase of the Fox Squirrel Solar Farm, which will have 577 MW of capacity once fully operational later this year, however, the 325 MW AEUG Union Solar Project in Union County, Ohio is expected to support the grid this summer. The 2023 Cumulative Capacity of the renewables in PJM was around 220,827 MW, and they plan to add over 10,000 MW in the following years wherein 95% of the projects are all renewable generation sources. Solar energy will definitely play a key role this summer.

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Solar Alliance signs agreements for multiple commercial solar projects totaling $775,000 as mid-sized project momentum accelerates Small and medium-sized project growth in addition to continued large project opportunities being pursued Toronto, Canada and Knoxville, Tennessee, July 23, 2024 – Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce the signing of agreements for several commercial solar projects totaling $775,000. The five projects are all scheduled to be completed by the end of 2024: ·   A 74-kilowatt (“kW”) solar system for a Tennessee manufacturer with a capital cost of $211,000. ·   A 45-kW, $261,000 solar and battery storage system for a mechanical and engineering firm in Tennessee. ·   Three 54-kW projects totaling $303,000 for a business in Kentucky.   “Solar Alliance continues to see strong demand for commercial solar projects, and projects like the five announced today provide a strong foundation for our continued growth,” said U.S. General Manager Jon Hamilton. “We have built a lean, flexible and technically proficient team that fills a need in the commercial solar industry. Our clients are benefiting from an optimal combination of incentives for solar in our area and they are also demonstrating to other businesses that solar with energy storage can positively impact their bottom line by reducing their electricity costs.” “The mix of small, medium and large projects we are delivering to customers allows for sustainable growth in a large addressable market,” said CEO Myke Clark. “We remain committed to growing the Company with an emphasis on profitability and we believe our business plan and contracted backlog support this strategy moving forward. Our business development efforts now include assessing specific regional requests for proposals for solar projects in the multi-megawatt range, where Solar Alliance believes it has a competitive advantage as a result of our installation experience and regional brand awareness,” concluded Clark.   For a Full Profile View & Press Release of Solar Alliance Energy Visit: https://lnkd.in/exTSu5a    #stockstowatch #stocks #smallcap #greenenergy #smallcaps #Investment #investing #stockstobuy #investors #renewables #renewableenergy #cleanenergy #solar #greenenergy #solarenergy #energy #solarpower #gosolar #solarpanels #sustainability #climatechange #environment #sustainableenergy #solarinstallation #sunpower @solaralliance $SOLR

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Today MAREC Action Executive Director Evan Vaughan is offering public testimony on HB 2277, which would codify Governor Shapiro’s Pennsylvania Reliable Energy Sustainability Standard (PRESS).    MAREC Action views HB2277 as a strong piece of legislation - it represents the single largest new market opportunity for energy investment currently under consideration by any state legislature in PJM. Through HB2277, Pennsylvania has an opportunity to diversify its electricity mix with clean and reliable energy storage projects paired with wind or solar.    MAREC Action is strongly supportive of the inclusion of energy storage in Tier 2 under HB2277. One note of concern about the legislation, however, is the strict limitations placed on regional market participants. The legislation as introduced prohibits any regionally sited clean energy projects larger than 150 MW from being able to participate in the Pennsylvania clean energy market. Leveraging the regional market for a portion of Pennsylvania’s electricity supply results in greater competition and the best outcomes for consumers. MAREC Action looks forward to continuing its work with the Pennsylvania General Assembly as the legislation moves forward.   For more information check out the link below: https://lnkd.in/e5_xNBuu

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"Utility firm NextEra Energy said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects. Utility firms across the United States are ramping up investments in power projects to meet an expected spike in demand, fueled by artificial intelligence data centers. The fund raise would be the second such initiative by the company this year, primarily to invest in its energy and power projects. NextEra, which owns the world's largest renewables business and one of the biggest U.S. regulated electric utilities, reported a backlog of 24 gigawatts (GW) in the third quarter for its renewable arm. The company said on Monday that each equity unit, issued in a stated amount of $50, will consist of a contract to buy NextEra's common stock in three years in cash and based on a range from zero to 25% premium, compared to the closing price of Oct. 28. #finance #equipmentfinance #equipmentleasing #financialservices #corporatefinance #nextera #renewables #energy https://lnkd.in/dk84WBb6

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#ExcitingNews 🎉 The California ISO Board of Governors and Western Energy Markets Governing Body have approved important revisions to move forward with Pathways Initiative Step 1, boosting independent market governance and coordination in Western energy markets. We’re thrilled to witness this next step in enabling an independent energy market for the West, by the West!  #EnergyProgress #PathwaysInitiative  https://lnkd.in/gxjRYTBv

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🔄 Navigating the New Energy Landscape: How to Thrive Under NEM 3.0 🌞💡 With the recent shift to NEM 3.0 in California, the solar industry faces new challenges—and opportunities. Lower export compensation and time-of-use rates are changing the game, but savvy energy users can turn these changes to their advantage through strategic energy arbitrage. In our latest blog post, ClimaFi explores how microgrids can help businesses not only adapt to NEM 3.0 but thrive under its new rules. Discover how ClimaFi’s tailored microgrid solutions optimize energy storage and usage, turning potential setbacks into lucrative opportunities. Read more! #NEM3 #Microgrids #EnergyArbitrage #SolarEnergy #RenewableEnergy #ClimaFi #GridResilience #EnergyManagement #Sustainability

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The U.S. Department of Energy's Interconnection Innovation e-Xchange program recently released a draft roadmap to improve processes for interconnecting clean energy resources to the distribution and sub-transmission grids and seeks feedback from the public. From my perspective, the DOE's focus on streamlining regulations and easing congestion is exactly what’s needed to accelerate the adoption of #CleanEnergy projects. By reducing regulatory barriers, we can get more projects off the ground faster, strengthening our grid and benefiting us all. #RenewableEnergy

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The CPUC wants MORE of your Money!! Here's the bottom line.... Impact Analysis of CPUC's New Residential Electricity Billing Structure in California 🔍 Introduction: The California Public Utilities Commission (CPUC) has recently approved a new billing framework for residential electricity in California. This change, introducing a fixed monthly charge, aims to reshape how Californians are billed for electricity usage. This LinkedIn post delves into the economic and social ramifications of this decision, focusing on its impact across different consumer segments. 📜 Background: The CPUC's revamped billing system, slated for implementation by late 2025 for Southern California Edison and San Diego Gas & Electric, and 2026 for Pacific Gas & Electric customers, integrates a fixed charge of $24.15 for most, with reductions available for low-income households. This pivot to a two-part billing structure marks a significant shift from the traditional variable usage rates. 💡 Economic Implications: Impact on Low Usage Consumers: The fixed charge may disproportionately affect low electricity users, such as those in smaller residences or low-income families, potentially increasing their bills despite minimal usage. This structure might discourage energy conservation by minimizing the cost-saving benefits of reduced consumption. Subsidization of High Consumption: While the structure could promote the adoption of electric vehicles and electrification of appliances, it could also lead to low users subsidizing the costs for high users. This could result in increased overall electricity use and escalate grid maintenance costs. 🌐 Social Implications: Equity Concerns: The introduction of a fixed charge raises significant equity issues, particularly affecting low-income households that might find this charge a burdensome portion of their total electricity bill, despite potential discounts. 📣 Public Response and Legislative Actions: The CPUC's decision has triggered public protests and legislative responses, including Assemblymember Jacqui Irwin's proposal to cap and potentially repeal the fixed charge. These actions reflect broad concerns about the fairness and environmental impact of the new billing structure. 🔄 Conclusion: The CPUC’s shift to a fixed charge in residential electricity billing poses several risks, from higher costs for low users to increased financial strain on vulnerable communities. The ongoing public and legislative backlash highlights the need for policies that balance economic efficiency, equity, and sustainability. 📚 References: Discussion on the CPUC vote and its implications as covered by KCRA. 🔗 Stay informed about the evolving landscape of energy policies and their implications for Californians. #EnergyPolicy #CPUC #California #ElectricityBilling #Sustainability #Equity

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🌱 New Blog Alert 🌱 Blue Strike just published a fresh blog post titled "How DERs can Participate in Ancillary Markets," written by Rich Swanson, Ph.D., Director of Blue Strike's Climate & Energy Division. Dive into the world of Distributed Energy Resources and learn how they can play a crucial role in energy markets. Read it now: https://lnkd.in/gYTGSJUn

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NextEra reports strong growth in renewables projects. NextEra, including renewables business NextEra Energy Resources and regulated electric utility Florida Power & Light (FPL), has a project backlog of about 21.5 gigawatts (GW), up from nearly 20 GW at the end of 2023. Read more at: https://ow.ly/h5qH50RnTuv #Renewables | #Growth | #Energy | #IBT | #IBTInsights

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