Wood Mackenzie

The first million took 40 years, the second million took two years and the third million will arrive two years from now.

Long seen as a slow region for solar deployment, the U.S. Midwest has seen an explosion of project development in recent years. And while there is still a lot of speculation and uncertainty, one way or another this region is going to see major development.

The research and consultancy group’s study of the latest polar vortex shows the need for greater interconnection of grids and 18-40 hours of energy storage in the Upper Midwest under high renewable energy scenarios. It also shows a potential role for nuclear power; but other extreme weather events tell a different story.

Hey, hey it’s Thursday and you’re reading the pv magazine morning brief. Today we’re taking a look at corporate renewable procurement reaching 22% of deals in 2018, utility leaders worldwide predicting a movement off-grid, Energy Toolbase choosing AMS for energy storage platform implementation and everything else that matters today. Let’s roll!

Happy Wednesday and welcome to the pv magazine USA morning brief. Today we’ll be looking at SunShare completing 100 MW of community solar, low-income customer representatives being blocked from speaking in LG&E’s rate case, PNM saying a 50% RPS is doable and everything else on the day’s solar slate.

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects according to Wood Mac.

In today’s pv magazine morning brief, John Hancock and APEX Clean Energy buy into 412 and 443 MW solar portfolios, Solarpowerrocks.com updates their residential return on investment charts, Swift Solar raises $4.6 million for perovskite research, Wood Mackenzie requests residential acquisition costs survey, more!

The latest analyses by both IHS Markit and Wood Mackenzie suggest that the capacity of new gas plants coming online this year will be slightly larger than the combination of wind and solar, for the first time in five years.

Wood Mackenzie and SEIA’s latest Solar Market Insight report shows a big fall in utility-scale project completions from July through the end of September, but the promise of a massive fourth quarter.

A Wood Mackenzie report shows energy storage deployments tripling on a power basis during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.