Finance

Also in the brief: Zinc batteries from Eos, flow batteries from Invinity, residential storage programs from Arizona Public Service and Green Mountain Power.

If you think the oil and gas industry is going to allow itself to be made obsolete by renewables and the energy transition, think again. Smart people are innovating in every industry in order to be able to thrive in a low-carbon world.

Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?

Investors continue to invest and clean energy entrepreneurs continue to innovate — despite, or because of, global setbacks.

The iron and steel sector is the “world’s largest industrial source of climate pollution.” This steel mill in Pueblo, Colorado will be the first in North America to rely on solar power.

“The use of objective market data will force accuracy,” Jigar Shah, Generate Capital’s cofounder said.

Researchers at the University of Rhode Island have suggested homeowners are prepared to pay $279 per year to avoid living within a mile of a large-scale solar plant. Other research has contrary findings.

A thought experiment by Severin Borenstein suggests how much rooftop solar could reduce transmission and distribution costs.

Solar from customer roofs in Utah is worth somewhere between 1.5 cents/kWh and 22.6 cents/kWh, depending on your calculations and who you ask — a ridiculously wide range.

Order 2222 raises the stakes — distributed resources are already starting to have material impacts on utilities’ planning efforts, and higher penetrations of distributed resources will amplify the need for better forecasts.