Alan Cordova
@alancordova.bsky.social
Tax credits, power markets, new technologies. Williams College + Columbia Business School. If the Mariners ever win it all, you’ll be the first to know.
“As many as 80 new gas-fired power plants will be built in the US by 2030…adding 46 gigawatts of capacity — the size of the electricity system in Norway and nearly 20 per cent more than was added in the past five years.” www.ft.com/content/63c3...
January 13, 2025 at 5:47 AM
“As many as 80 new gas-fired power plants will be built in the US by 2030…adding 46 gigawatts of capacity — the size of the electricity system in Norway and nearly 20 per cent more than was added in the past five years.” www.ft.com/content/63c3...
"ERCOT forecasts peak load growth of over 80% between 2024 and 2034...PJM forecasts peak load growth of over 30% between 2024 and 2034." investors.constellationenergy.com/static-files... #ERCOT #PJM
January 11, 2025 at 5:51 AM
"ERCOT forecasts peak load growth of over 80% between 2024 and 2034...PJM forecasts peak load growth of over 30% between 2024 and 2034." investors.constellationenergy.com/static-files... #ERCOT #PJM
"Plenty of infrastructure and private debt dry powder is available, and renewed market optimism will ensure good companies are funded." bit.ly/3VZbEOu
December 30, 2024 at 8:17 PM
"Plenty of infrastructure and private debt dry powder is available, and renewed market optimism will ensure good companies are funded." bit.ly/3VZbEOu
"The electricity consumption of U.S. #datacenters is currently growing at an accelerating rate...a compound annual growth rate of approximately 7% from 2014 to 2018, increasing to 18% between 2018 and 2023, and then ranging from 13% to 27% between 2023 and 2028." bit.ly/4gR0MKq
December 24, 2024 at 4:36 AM
"The electricity consumption of U.S. #datacenters is currently growing at an accelerating rate...a compound annual growth rate of approximately 7% from 2014 to 2018, increasing to 18% between 2018 and 2023, and then ranging from 13% to 27% between 2023 and 2028." bit.ly/4gR0MKq
Were you scammed by [alleged] telescope price-fixing? Make sure you've seen a frightening object! (satellite flares?) www.telescopesettlement.com
December 17, 2024 at 5:54 AM
Were you scammed by [alleged] telescope price-fixing? Make sure you've seen a frightening object! (satellite flares?) www.telescopesettlement.com
"Despite the overall lack of volatility, September 2024 was the first month where battery energy storage systems [in ERCOT] earned a majority of their revenues from Real-Time and Day-Ahead Energy markets." bit.ly/49zdeMH
December 13, 2024 at 10:43 PM
"Despite the overall lack of volatility, September 2024 was the first month where battery energy storage systems [in ERCOT] earned a majority of their revenues from Real-Time and Day-Ahead Energy markets." bit.ly/49zdeMH
November 13, 2024 at 10:43 PM
"From next year, #emissions are likely to decline for the first time since the industrial revolution and are set to almost halve by 2050." www.dnv.com/energy-trans... #decarbonization #energytransition
October 23, 2024 at 5:59 PM
"From next year, #emissions are likely to decline for the first time since the industrial revolution and are set to almost halve by 2050." www.dnv.com/energy-trans... #decarbonization #energytransition
"As the competition for available land intensifies, the number of suitable land parcels for #renewableenergy projects is rapidly shrinking, and developers who delay risk being left with fewer, less desirable options." bit.ly/ilnysites
October 23, 2024 at 2:30 AM
"As the competition for available land intensifies, the number of suitable land parcels for #renewableenergy projects is rapidly shrinking, and developers who delay risk being left with fewer, less desirable options." bit.ly/ilnysites
#Astronomy nerds - go outside and see a comet!
October 15, 2024 at 2:28 AM
#Astronomy nerds - go outside and see a comet!
"Ember estimates that at the current rate of additions, the world will install 593 GW of #solar panels this year. That’s 29% more than was installed last year, maintaining strong growth even after an estimated 87% surge in 2023." ember-climate.org/insights/in-...
September 22, 2024 at 4:08 PM
"Ember estimates that at the current rate of additions, the world will install 593 GW of #solar panels this year. That’s 29% more than was installed last year, maintaining strong growth even after an estimated 87% surge in 2023." ember-climate.org/insights/in-...
Average battery revenues in #ERCOT declined from $88/kW-yr in 1H2023 to $70/kW-yr in 1H2024, but there was a huge range of outcomes, with the best (luckiest?) performer earning $130/kW-yr modoenergy.com/research/erc...
September 7, 2024 at 4:42 PM
Average battery revenues in #ERCOT declined from $88/kW-yr in 1H2023 to $70/kW-yr in 1H2024, but there was a huge range of outcomes, with the best (luckiest?) performer earning $130/kW-yr modoenergy.com/research/erc...
"When a record heat wave scorched the state over three weeks from mid-June to July…there was plenty of power. No warnings. No shortages. No flex alerts. A big part of the reason, experts say, is a boom in the construction of giant #battery projects" www.mercurynews.com/2024/08/18/a... #energystorage
September 3, 2024 at 3:14 AM
"When a record heat wave scorched the state over three weeks from mid-June to July…there was plenty of power. No warnings. No shortages. No flex alerts. A big part of the reason, experts say, is a boom in the construction of giant #battery projects" www.mercurynews.com/2024/08/18/a... #energystorage
"'Batteries have done in five years what took solar 15 years.'" econ.st/3XdfDa9 #energystorage
September 2, 2024 at 10:04 PM
"'Batteries have done in five years what took solar 15 years.'" econ.st/3XdfDa9 #energystorage
"Increasing market fragmentation among battery asset owners may accelerate software adoption as competition increases and less specialized players enter the market" adobe.ly/3yWMpnH #energystorage
August 28, 2024 at 11:50 PM
"Increasing market fragmentation among battery asset owners may accelerate software adoption as competition increases and less specialized players enter the market" adobe.ly/3yWMpnH #energystorage
“Wind and solar [represented] nearly 91% of net new power capacity additions in 2023 – up from 83% the year before – while fossil fuels including coal and gas represented just 6% of net new build – the lowest level ever.” about.bnef.com/blog/clean-e...
August 27, 2024 at 6:03 PM
“Wind and solar [represented] nearly 91% of net new power capacity additions in 2023 – up from 83% the year before – while fossil fuels including coal and gas represented just 6% of net new build – the lowest level ever.” about.bnef.com/blog/clean-e...
“Energy storage installations [are] rising 61% [by capacity] this year. Prices for turnkey energy storage systems are down 43% from a year ago, and that’s leading to a big increase in deployments.” bit.ly/3XkZOzd
August 27, 2024 at 5:55 PM
“Energy storage installations [are] rising 61% [by capacity] this year. Prices for turnkey energy storage systems are down 43% from a year ago, and that’s leading to a big increase in deployments.” bit.ly/3XkZOzd
"Developers plan to add 42.6 GW of new capacity in the United States in the second half of 2024. Nearly 60% of that planned capacity is from #solar (25 GW), followed by battery [ #energystorage] (10.8 GW) and wind (4.6 GW)." www.eia.gov/todayinenerg...
August 21, 2024 at 5:22 AM
"Developers plan to add 42.6 GW of new capacity in the United States in the second half of 2024. Nearly 60% of that planned capacity is from #solar (25 GW), followed by battery [ #energystorage] (10.8 GW) and wind (4.6 GW)." www.eia.gov/todayinenerg...
#Investment in 1H 2024 in #cleanenergy was greater than all of 2021 www.canarymedia.com/articles/cle... #InflationReductionAct
August 16, 2024 at 5:00 PM
#Investment in 1H 2024 in #cleanenergy was greater than all of 2021 www.canarymedia.com/articles/cle... #InflationReductionAct
“' #Microgrids are solving increasing reliability concerns about lack of 24/7 round-the-clock #power availability, and have evolved from infrequently used back-up generators to everyday use by consumers and businesses under a #reliability-as-a-service business model.'" www.ft.com/content/038a...
August 9, 2024 at 3:49 AM
“' #Microgrids are solving increasing reliability concerns about lack of 24/7 round-the-clock #power availability, and have evolved from infrequently used back-up generators to everyday use by consumers and businesses under a #reliability-as-a-service business model.'" www.ft.com/content/038a...
Revenue for 4-hour batteries in #CAISO expected to fall from ~$250/kW-year in 2025 to ~$175/kW-year in 2035, driven by >60% reduction in capacity (resource adequacy), per @ethree.bsky.social bit.ly/4fobvMB #energystorage
July 31, 2024 at 4:20 AM
Revenue for 4-hour batteries in #CAISO expected to fall from ~$250/kW-year in 2025 to ~$175/kW-year in 2035, driven by >60% reduction in capacity (resource adequacy), per @ethree.bsky.social bit.ly/4fobvMB #energystorage
“Over the next 18 months, the vast majority of #cleanenergy and storage capacity will be built in a small number of states. No state will see more growth in clean energy than #Texas.” newsletter.cleanview.co/p/why-texas-...
July 26, 2024 at 5:34 AM
“Over the next 18 months, the vast majority of #cleanenergy and storage capacity will be built in a small number of states. No state will see more growth in clean energy than #Texas.” newsletter.cleanview.co/p/why-texas-...
It’s Lazard #LCOE day! bit.ly/45bxEc9 This year’s edition shows the persistence of cost pressure on #renewableenergy and #energystorage, supporting the thesis that growth will be driven by large, well-capitalized developers / owners.
June 4, 2024 at 2:38 PM
It’s Lazard #LCOE day! bit.ly/45bxEc9 This year’s edition shows the persistence of cost pressure on #renewableenergy and #energystorage, supporting the thesis that growth will be driven by large, well-capitalized developers / owners.
“Almost overnight, a state synonymous with dirty fuels has become America’s clean energy giant, and the trend is still accelerating.” www.ft.com/content/ef2f...
May 25, 2024 at 8:24 PM
“Almost overnight, a state synonymous with dirty fuels has become America’s clean energy giant, and the trend is still accelerating.” www.ft.com/content/ef2f...
"Only 8-9 quads of electrical energy would be needed to replace 27 quads of fossil fuel energy [in the US], with the latter decreasing by 34% from current levels...this would require a ~34% increase in US electricity generation, a ~400% increase in wind & solar power" am.jpmorgan.com/content/dam/...
March 6, 2024 at 3:46 AM
"Only 8-9 quads of electrical energy would be needed to replace 27 quads of fossil fuel energy [in the US], with the latter decreasing by 34% from current levels...this would require a ~34% increase in US electricity generation, a ~400% increase in wind & solar power" am.jpmorgan.com/content/dam/...