In 1939, the United States had the 19th best military in the World. We moved to number 18 when Holland fell to Germany. America learned how to do big things in a very short period of time. We are doing/building big things again. newrepublic.com/article/135684…
Construction spending by US manufacturers more than doubled over the past year. For April 2023, the annual rate reached nearly $190 billion compared with $90 billion in June 2022, with manufacturing accounting for around 13% of non-government construction. businessinsider.com/us-building-fa…
“Over the past five years, TVA has attracted a record $47.8 billion of new business investment, adding an estimated 346,400 jobs, and the population of the Tennessee Valley is growing six times faster than the U.S. average, Lyash said.” @TVAnewstimesfreepress.com/news/2023/feb/…
TVA was created in the first 100 days of FDR’s first term. Today they will take the trained workforce from Vogtle and build the first small modular #nuclear plant here in the USA tva.com/newsroom/press…
The oil and gas industry is facing a US oil patch that is pursuing less productive wells. They are looking for another more profitable growth pathway. The best ones are #geothermal, #hydrogen, and #carbonmanagement. Their expertise is essential to success. fervoenergy.com/fervo-energy-a…
In Texas alone there is enough room on rooftops to generate enough #solar to meet the State’s peak electricity demand - over 70,000 MW. Add EVs and every home can have the resiliency to run itself offgrid. We can find 300GW of commercial rooftops easily. environmentamerica.org/center/resourc…
American EV technology is world-class and selling well, we just need to ramp up manufacturing. 10 million vehicles here we come! thedriven.io/2023/05/26/tes…
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BREAKING: Amazing new report by @TheBrattleGroup (backed by @Google). VPP's can provide resource adequacy that is ~50% of the cost of the alternative options; 60 GW of #VirtualPowerPlant deployment at $15–$35 billion less than the cost of the alternative prnewswire.com/news-releases/…
"Over the past decade, the U.S. added over 100 GW of new capacity intended largely to maintain resource adequacy. This amounted to over $120 billion of capital investment, primarily in gas fired generators and lithium ion batteries."
Once you account of additional societal benefits, a VPP is the only resource that could actual have a negative net cost. "60 GW of VPP could provide over $20B in additional societal benefits over a 10 year period." And the money for demand flexibility is paid to households!
This was an amazing podcast (as usual from @drvolts). Thanks for the shout-out to LPO and the other great programs here. A few thoughts as we get more intentional about savings money for LMI consumers -- reducing energy burden.
The data that Vero talked about is summarized here. We have long known that LMI customers repay energy related loans at a much higher rate then other loans that they take out. But lenders still charge 30% interest for appliances, other loans. emp.lbl.gov/publications/l…
We can solve that problem and start to do that by making existing financing solutions more inclusive, see the @SunnovaEnergy announcement this month. Also allows LMI customers to take advantage of #VirtualPowerPlant income. energy.gov/lpo/articles/l…
The Pathways to Commercial Liftoff: Advanced Nuclear report found that the U.S. will need between 550-770 GW of additional clean, firm power to complement the deployment of variable renewables in order reach net-zero by 2050.
All #CleanFirm resources come with Pluses and minuses that we try to define for the first time. Please give us feedback!