How many billionaires does it take to get a geothermal storage facility underway?; How policies can make or brake solar development in the Southeast; Arizona adopts new EV policy to spur new rate designs, pilot programs from utilities; Letting the market, not MOPR, decide in PJM's capacity mechanism
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A clean energy fund led by Bill Gates has invested in the molten salt storage startup Malta, which raised $26 million in its first round of funding, spinning off from the private Alphabet X research lab.
Third party financing can enable solar growth, but faces hurdles in several states. Some utilities are not compensating for solar's value on the grid and leveling charges specific to solar owners.
Arizona Corporation Commissioners want utilities to develop new rates that increase off-peak charging, and create outreach and education programs focused on EVs, infrastructure and electrification of the transportation sector.
A letter from gas generators to FERC says the American Way is to rely on the market; we agree, we're just not convinced that's what the generators actually want, says Mike Hogan of The Regulatory Assistance Project.
The chairman said he was "disappointed" not to vote on the Calcasieu Pass LNG export facility, but removed it from consideration after an apparent deadlock with the two Democrats on FERC.
The proposal includes a half dozen new solar facilities that, combined with 100 MW of new battery storage, would add more than 1 GW of renewables to the state's portfolio.
The document contains 43 action items to boost the city's resilience to the effects of climate change, divided into categories: necessary and aspirational.
Within this whirlwind of activity, some utilities are responding well and some are struggling to meet pressure from regulators and stakeholders to justify spending proposals.
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Gavin Bade
