Policymakers Can't Keep Up With Battery and Solar Costs

Policymakers Can't Keep Up With Battery and Solar Costs

It's difficult to keep up with cost and performance trends for technologies like batteries and solar PV. It's particularly hard for regulators and policymakers, who often rely on outdated analysis. The latest example comes from California, where the California Independent System Operator is using three-year-old data on battery and solar costs as it evaluates alternatives to a natural gas peaker plant. The cost of lithium-ion batteries and solar PV have come down precipitously since then. So why are regulators using such ancient data to make this crucial decision? This is not an isolated incident. In this episode, we talk about the questionable analysis behind the Puente natural gas plant in Southern California. We'll also discuss some other examples of faulty data being used for energy planning decisions. Finally, we'll speculate on some possible solutions to the chronic problem. Read Julian Spector's story on the faulty analysis: https://www.greentechmedia.com/articles/read/energy-storage-nrg-puente-gas-peaker-plant-cost See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Renewable propane is scaling up, but how far can we take it?

Renewable propane is scaling up, but how far can we take it?

Over 50 million homes in the US use propane. Within a few years, anywhere from 100-300 million gallons of renewable propane are expected to be available for homes and the transport industry. By 2050, ...

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To strengthen American competitiveness in energy, the DOE’s ARPA-E department is focusing on advanced nuclear

To strengthen American competitiveness in energy, the DOE’s ARPA-E department is focusing on advanced nuclear

The Department of Energy’s ARPA-E (Advanced Research Projects Agency – Energy) is an agency tasked with the research and development of advanced energy technologies. Since 2009, they’ve provided nearl...

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Out with lithium and nickel, in with salt and bricks?

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Demand for heating at industrial sites around the world is rising. How can demand be met sustainably?Think of energy storage, and what do you think of? Probably lithium and nickel. But what about salt...

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Distributed energy storage is taking off

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19 Kesä 202418min

The evolution of the solar industry in the US since 2021

The evolution of the solar industry in the US since 2021

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18 Kesä 202429min

Demand for solar power and energy storage is only going to increase. What’s the plan for meeting it?

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Insight and analysis from the second day of the Solar & Energy Storage Summit 2024. Day 2 of the 2024 Solar and Energy Storage Summit and the conversation was still in full swing. We were there once a...

14 Kesä 202459min

Two years on from the IRA and the impact on solar and storage is clear

Two years on from the IRA and the impact on solar and storage is clear

Insight and analysis from Day 1 of the Solar & Energy Storage Summit 2024The 2024 Solar and Energy Storage Summit from Wood Mackenzie kicked off in San Francisco this week. We were there to capture al...

13 Kesä 20241h 3min

How to build and optimize the grid of the future

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Increased energy demand is inevitable. How do make sure the grid can cope?We’ll likely need a grid twice the size it is today. And balancing supply and demand in the years ahead will require a smart a...

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