Michael Lee
@the-michael-lee.bsky.social
🇺🇸 🤠☀️
CEO of Octopus Energy US
CEO of Octopus Energy US
A lot of fuss about the wind PTC distorting the ERCOT power market... but let's remember... the thermal/fossil plants are the power plants who bid the lowest. (hint- they are not as "dispatchable/flexible" as they claim they are). Here is Spence Power Station clearing at -$175
November 22, 2024 at 9:11 AM
A lot of fuss about the wind PTC distorting the ERCOT power market... but let's remember... the thermal/fossil plants are the power plants who bid the lowest. (hint- they are not as "dispatchable/flexible" as they claim they are). Here is Spence Power Station clearing at -$175
🤔 one way of dealing with privacy regulations...
November 22, 2024 at 9:11 AM
🤔 one way of dealing with privacy regulations...
what’s the cost of having an EV?
🤔🤔
the better question: what’s the cost of NOT having an EV?
https://insideevs.com/news/736038/hurricane-helene-evs-v2l/
🤔🤔
the better question: what’s the cost of NOT having an EV?
https://insideevs.com/news/736038/hurricane-helene-evs-v2l/
Her Vet Clinic Went Down In Hurricane Helene. Two EVs Pow...
A veterinarian's Ford F-150 Lightning and Kia EV9 helped ...
insideevs.com
November 22, 2024 at 9:11 AM
what’s the cost of having an EV?
🤔🤔
the better question: what’s the cost of NOT having an EV?
https://insideevs.com/news/736038/hurricane-helene-evs-v2l/
🤔🤔
the better question: what’s the cost of NOT having an EV?
https://insideevs.com/news/736038/hurricane-helene-evs-v2l/
Companies in the past 20 yrs: your tech strategy allows you to thrive
Companies for the next 20 yrs: your energy strategy allows you to thrive
Companies for the next 20 yrs: your energy strategy allows you to thrive
November 22, 2024 at 9:11 AM
Companies in the past 20 yrs: your tech strategy allows you to thrive
Companies for the next 20 yrs: your energy strategy allows you to thrive
Companies for the next 20 yrs: your energy strategy allows you to thrive
Incredible to see the massive carbon emissions... we have important work to do!
https://www.newsweek.com/nasa-video-carbon-dioxide-co2-emissions-1929622
https://www.newsweek.com/nasa-video-carbon-dioxide-co2-emissions-1929622
403 Forbidden
www.newsweek.com
November 22, 2024 at 9:11 AM
Incredible to see the massive carbon emissions... we have important work to do!
https://www.newsweek.com/nasa-video-carbon-dioxide-co2-emissions-1929622
https://www.newsweek.com/nasa-video-carbon-dioxide-co2-emissions-1929622
Lots of calls for Centerpoint to bury lines… but does anyone have any data if this makes sense? Anecdotally, I think places such as Sugar Land and River Oaks have buried lines but they both had significant outages during Beryl.
November 22, 2024 at 9:17 AM
Lots of calls for Centerpoint to bury lines… but does anyone have any data if this makes sense? Anecdotally, I think places such as Sugar Land and River Oaks have buried lines but they both had significant outages during Beryl.
High energy rates are the biggest barrier to the energy transition. Novel products like our Intelligent Octopus, directly link the energy transition to lower energy rates, which is good for everyone! ...
November 22, 2024 at 9:17 AM
High energy rates are the biggest barrier to the energy transition. Novel products like our Intelligent Octopus, directly link the energy transition to lower energy rates, which is good for everyone! ...
We're at the forefront of experimenting how to get flex loads at scale in Texas... but focusing on customers and DERs/tech, we can achieve much lower customer costs AND a more reliable grid. (and by the way, deep...
November 22, 2024 at 9:17 AM
We're at the forefront of experimenting how to get flex loads at scale in Texas... but focusing on customers and DERs/tech, we can achieve much lower customer costs AND a more reliable grid. (and by the way, deep...
we need an energy transition away from this toxic air
November 22, 2024 at 9:23 AM
we need an energy transition away from this toxic air
🤔 I think we've hit a new milestone when an ISO's supply / demand curve makes the local news coverage...
November 22, 2024 at 9:23 AM
🤔 I think we've hit a new milestone when an ISO's supply / demand curve makes the local news coverage...
with this upcoming high risk storm and today’s abundance of energy, we need more flexible energy usage!
November 22, 2024 at 9:29 AM
with this upcoming high risk storm and today’s abundance of energy, we need more flexible energy usage!
“It’s not that we’re taking an existing
electricity system and energizing it from a different source. We’re building a new system!”
🎉🎉
https://www.wsj.com/articles/octopus-energy-has-texas-size-ambitions-6f11cfb8?st=o3bqwdt4rtcxbvp&reflink=desktopwebshare_permalink
electricity system and energizing it from a different source. We’re building a new system!”
🎉🎉
https://www.wsj.com/articles/octopus-energy-has-texas-size-ambitions-6f11cfb8?st=o3bqwdt4rtcxbvp&reflink=desktopwebshare_permalink
November 22, 2024 at 9:29 AM
“It’s not that we’re taking an existing
electricity system and energizing it from a different source. We’re building a new system!”
🎉🎉
https://www.wsj.com/articles/octopus-energy-has-texas-size-ambitions-6f11cfb8?st=o3bqwdt4rtcxbvp&reflink=desktopwebshare_permalink
electricity system and energizing it from a different source. We’re building a new system!”
🎉🎉
https://www.wsj.com/articles/octopus-energy-has-texas-size-ambitions-6f11cfb8?st=o3bqwdt4rtcxbvp&reflink=desktopwebshare_permalink
😲 -$2,311 LMP price!
November 22, 2024 at 9:29 AM
😲 -$2,311 LMP price!
💨☀️❤️
The texas grid is currently 60% renewable energy!
The texas grid is currently 60% renewable energy!
November 22, 2024 at 9:29 AM
💨☀️❤️
The texas grid is currently 60% renewable energy!
The texas grid is currently 60% renewable energy!
50% renewables in Texas! ☀️💨❤️
Renewables are how we keep costs down!
Renewables are how we keep costs down!
November 22, 2024 at 9:29 AM
50% renewables in Texas! ☀️💨❤️
Renewables are how we keep costs down!
Renewables are how we keep costs down!
⚡️and @OhioState what a great combination!
https://www.wsj.com/science/nobel-physics-prize-awarded-to-trio-for-work-on-light-and-electrons-44aedc76?st=v0aqhmtbsxksgns&reflink=article_copyURL_share
https://www.wsj.com/science/nobel-physics-prize-awarded-to-trio-for-work-on-light-and-electrons-44aedc76?st=v0aqhmtbsxksgns&reflink=article_copyURL_share
November 22, 2024 at 9:35 AM
⚡️and @OhioState what a great combination!
https://www.wsj.com/science/nobel-physics-prize-awarded-to-trio-for-work-on-light-and-electrons-44aedc76?st=v0aqhmtbsxksgns&reflink=article_copyURL_share
https://www.wsj.com/science/nobel-physics-prize-awarded-to-trio-for-work-on-light-and-electrons-44aedc76?st=v0aqhmtbsxksgns&reflink=article_copyURL_share
at the Texas state fair with @OctoEnergyUS !
November 22, 2024 at 9:35 AM
at the Texas state fair with @OctoEnergyUS !
when we re-think how consumers interact with their energy company, we can build a new paradigm
this residential customer has ~$1,000 credit because they exported when the grid needed it the most
🎉
https://reddit.com/r/Powerwall/s/1WtWwIyTkG
this residential customer has ~$1,000 credit because they exported when the grid needed it the most
🎉
https://reddit.com/r/Powerwall/s/1WtWwIyTkG
November 22, 2024 at 9:35 AM
when we re-think how consumers interact with their energy company, we can build a new paradigm
this residential customer has ~$1,000 credit because they exported when the grid needed it the most
🎉
https://reddit.com/r/Powerwall/s/1WtWwIyTkG
this residential customer has ~$1,000 credit because they exported when the grid needed it the most
🎉
https://reddit.com/r/Powerwall/s/1WtWwIyTkG
Some thoughts on why the ERCOT PCM new market design may actually make the grid LESS reliable:
🧵
🧵
November 22, 2024 at 9:35 AM
Some thoughts on why the ERCOT PCM new market design may actually make the grid LESS reliable:
🧵
🧵
@METROHouston @iah it would be really great if you had real transit options to get to the airport from major centers (downtown, Galleria, etc)... even IAH's survey shows you don't invest in these options
November 22, 2024 at 9:42 AM
@METROHouston @iah it would be really great if you had real transit options to get to the airport from major centers (downtown, Galleria, etc)... even IAH's survey shows you don't invest in these options
what do we need...?
MOAR SOLAR!
MOAR SOLAR!
November 22, 2024 at 9:42 AM
what do we need...?
MOAR SOLAR!
MOAR SOLAR!
If Day-Ahead markets are any indication of today's real-time markets, we could have some very valuable solar hours... if you have rooftop solar, reduce your home AC usage to maximize your exports! @OctopusEnergyUS pays you 100% of the real-time price!
MOAR SOLAR!
MOAR SOLAR!
November 22, 2024 at 9:42 AM
If Day-Ahead markets are any indication of today's real-time markets, we could have some very valuable solar hours... if you have rooftop solar, reduce your home AC usage to maximize your exports! @OctopusEnergyUS pays you 100% of the real-time price!
MOAR SOLAR!
MOAR SOLAR!
show me a day when power prices are crazy high, i'll show you the same day when they are essentially free
smart retail rates can create energy abundance
smart retail rates can create energy abundance
November 22, 2024 at 9:48 AM
show me a day when power prices are crazy high, i'll show you the same day when they are essentially free
smart retail rates can create energy abundance
smart retail rates can create energy abundance
We're going to have a tight day in ERCOT... If we just had more intelligent loads + energy efficiency we wouldn't need to be blasting the AC all at once during tight times and the grid would be way more reliable!
Look at all that abundance during "off peak" hours...
Look at all that abundance during "off peak" hours...
November 22, 2024 at 9:48 AM
We're going to have a tight day in ERCOT... If we just had more intelligent loads + energy efficiency we wouldn't need to be blasting the AC all at once during tight times and the grid would be way more reliable!
Look at all that abundance during "off peak" hours...
Look at all that abundance during "off peak" hours...