Part 2 looks at presentations by Fluence and NREL, which outline the market opportunities present both today and in the future.
Presentations by Duke Energy, NREL, Fluence, GE and the EIA itself showed that energy storage is becoming a fact on the ground.
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
The Trump Administration’s domestic energy policy has attempted a focus on strategic safety to support coal and nuclear, with zero focus on long term viability or cost, while forgetting that the sun shines everyday.
During May utility-scale solar provided 17% of generation on California’s grid, outpacing gas for the first time on a monthly basis.
The New York ISO projects a 0.14%-per-year fall in electricity demand from the grid of over the next decade. Already, the state is far off of its historical usage peak of the mid-2000s.
Analysis by the Lawrence Berkeley National Laboratory shows that California’s electric car mandate could relieve “duck curve” stress at much better pricing than new standalone energy storage, if properly utilized.
The 33% increase in Q1 2018 generation is more than the 25% year-over-year increase in capacity, suggesting that solar projects are generating more electricity per watt of installed capacity.