With incentives for investors and developers to pour renewable electrons onto the grid, says Millar, markets will reward companies who provide around-the-clock power from a mix of sources.
David Millar is the Principal of Markets, Legislative and Regulatory Policy at Wärtsilä Energy, a Finnish energy company that claims to “lead the transition to a 100% renewable energy future”. In a recent talk at CBEY, Millar highlighted three trends to watch within the energy markets related to Distributed Energy...
Most investment in solar and wind power involves drawing cash from investors who use those technologies' tax credits. The Inflation Reduction Act removes some barriers and doubts about the tax credits, signaling a rise in their use. But nothing is ever simple, and investors are bringing vital questions about timing...
This photo of Jack's Solar Garden and its agrivoltaic plans comes from the National Renewable Energy Laboratory.
Now that the Inflation Reduction Act's incentives operate as American law, it will take compromise and conciliation to make the investments that meet those incentives succeed and endure. Let's revisit our metaphors.
How do tax credits and tax equity make renewable energy rollout faster and more efficient? These stories explain some answers - and raise some actionable questions for you in the field.
At a deal level, tax equity never looked easy. At an institutional economy-nudging level, its harder still. This installment sets out some structural blocks and ways over them.