TX PUC approves capacity-type “performance credit mechanism” which retail electricity suppliers will pay to generation for reliability; ZeroAvia's 19-seat airplane flies for 10 minutes on hydrogen; DOE sends 33 letters of encouragement to U.S. regional hydrogen hub applicants; GE Gas Power and Japan’s IHI Corp sign MOU to develop ammonia-compatible combustion turbines; Hertz and Uber expand partnership to Europe, w/Hertz supplying 25,000 EVs to Uber drivers by 2025; Israel's fast-charge EV battery co StoreDot says its systems being tested by 15 global auto OEMs. Tests confirm cells can offer 100 miles range in five minutes; DOE to lend up to $700 million to Ioneer, an Australian-based lithium mining company, to develop Nevada lithium mining project; Long-duration storage co Noon nabs $28 million in Series A financing. Noon's multi-day storage tech uses electricity to split CO2 into solid carbon and oxygen gas, then reverses process to release energy.

1) Texas PUC okays “performance credit mechanism” payments from retail suppliers to generators when electricity supplies are tight. Payments could total as much as $5.7 bn/yr.

2) ZeroAvia's 19-seat airplane flies for 10 minutes on hydrogen fuel cell engine. 1,500 engines on pre-order from multiple airlines.

3) DOE receives 79 Regional Clean Hydrogen Hub applicants, sends 33 letters of encouragement to those selected to proceed to full application process.

4) GE Gas Power and Japanese heavy-industry IHI Corp in agreement on roadmap to develop ammonia-capable turbines by 2030.

5) Hertz and Uber expand partnership to Europe, w/Hertz offering up to 25,000 EVs to Uber drivers in capital cities by 2025, starting in London this month, and including Paris and Amsterdam later in 2023.

6) Israel's fast-charge EV battery company StoreDot says its XFC batteries and systems being tested by 15 global auto OEMs. Initial test confirm StoreDot cells can offer 100 miles of range in five minutes of charging.

7) DOE to lend up to $700 million to Ioneer - Australian lithium mining co - to develop Rhyolite Ridge Lithium Project in Nevada.

8) Long-duration storage company Noon receives $28 million Series A financing. Noon's multi-day tech stores energy by using electricity to split CO2 into solid carbon and oxygen gas. Discharging reverses the process. Active ingredients are inexpensive and round-trip efficiencies said to be close to lithium ion (around 90% w/o parasitic losses).

China’s JA Solar to develop $60 mn, 2 GW solar panel assembly plant in AZ by Q4 2023; S. Korea’s Hanwha Q Cells to invest $2.5 billion to expand 1st plant and build 2nd facility in GA to make 3.3 GW of solar panels by Q4 2024. Factory to create ingots, wafers, cells, & finished panels; REsurety & Watt Time offer data on marginal emissions impacts of sustainability investments; NY State to develop cap-and-invest program w/declining limits on GHG emissions, raising over $1 billion annually. Goal is to cut emissions 40% by 2030 & 85% by 2050 vs 1990 baseline; Mid-Atlantic grid operator PJM to fine generators betw $1 - $2 billion for failing to deliver during winter storm Elliot, w/shortfall in gen at nearly 46 GW; CA CCA signs 25-year, $775 million energy storage contract for 200 MW / 1,600 MWh w/compressed air energy storage company Hydro Store; RMI & founding members Ford, GM, Google, Nest, and others create Virtual Power Plant partnership to advance DER policies & catalyze activity. 

1) IRA pays dividends, w/Chinese solar co JA Solar announcing $60 million, 2 GW solar panel assembly plant in AZ, by Q4 of 2023, serving on-site & utility scale markets.

2) IRA lures S Korean co Hanwha Q Cells, which will spend $2.5 billion on 3.3 GW of solar manuf'g capacity in GA, expanding one plant & building another to span solar supply chain, from ingots to finished panels. 

3) REsurety & Watt Time offer data on marginal emissions impacts of sustainability investments, aiding cos such as Amazon, GM, Heineken, & Google that are shifting carbon accounting focus to their impact on actual emissions.

4) New York plans on cap-and-invest program to cut GHG emissions and raise over $1 billion annually. Large GHG emitters and distributors of heating/transportation fuels must buy declining amounts of emissions allowances. Goal is to cut emissions 40% by 2030 and at least 85% by 2050 - from 1990 levels. Revenues to be dedicated to clean energy investments & supporting disadvantaged communities.

5) Mid-Atlantic grid operator PJM to fine generators between $1 and $2 billion for failing to perform during winter storm Elliot. Nearly 46 GW was offline on 12/24, largely owing to plant equipment failures/fuel supply issues. Gas fired gen at 70% of overall shortfall. 

6) CA community choice aggregator, Central Coast Community Energy inks 25-year, $775 mn energy storage contract for 200 MW/1,600 MWh w/compressed air energy storage company Hydro Store. Hydro Store to build world’s largest underground cavern, w/compressed air below a water reservoir to maintain pressure. 

7) RMI and founding members Ford, GM, Google, Nest, OM Connect, and other cos. announce Virtual Power Plant Partnership, w/goal of advancing policy and catalyzing industry to advance Distributed Energy Resources to create value for the grid and provide much-needed capacity.

Storage co Energy Vault and PG&E planning long-duration - 293 MWh - energy storage microgrid w/both li-ion batteries and green H2; winter storm Elliott reveals utility forecasting deficiencies in multiple locations, results in rotating outages in SE U.S.; automaker Stellantis to build Archer Midnight electric aircraft, a VTOL four-seater plane w/range of about 100 miles; Chinese EV & charging co NIO completes 10th battery swap station in Europe, w/seven add’l stations soon operational. NIO plans 120 European stations by the end of 2023; NY State publishes a framework to develop 6,000 MW of energy storage by 2030, equal to 20% of peak demand.

1) Storage co Energy Vault working w/CA utility PG&E on long-duration energy storage microgrid pairing li-ion batteries w/green H2. Project would provide 293 MWh of energy to city of Calistoga's downtown, encompassing serving fire and police stations, w/48 hours of energy for planned wildfire outages & other events. PUC approval required. 

2) Winter storm Elliott and accompanying cold snap pushed grids to the limits across U.S. ISO-NE burned 31 million gallons of oil, while PJM models under-forecast peak load by almost 10%. SE U.S. saw rotating curtailments, w/Duke outages in N. and S. Carolina affecting 1.7 million people. Duke significantly under-forecast demand. TVA faced similar situation, w/rotating outages, and NERC/FERC launching probe to learn lessons.

3) At CES, automaker Stellantis announces plans to build Archer Midnight electric aircraft, a vertical takeoff and landing four-seater w/100 mile range. Manufacturing to start in 2024.

4) Chinese EV company NIO installs 10th battery swap station in Europe, w/seven add’l stations ready soon, and 120 European stations by the end of year. NIO 1,300 locations in China, w/additional 400 stations by the end of 2023.

5) New York State publishes framework to install 6,000 MW of energy storage by 2030, equivalent to about 20% of the state's peak electricity demand. 

CA regulators significantly cut compensation to new rooftop solar; massive gas leak from PA storage facility: AES and Air Products ink 30-yr H2 deal, w/1,400 MW of renewables tied to electrolyzers yielding 200 metric tons of green H2/day; Stellantis utilizing MI Utility DTE Energy’s voluntary renewable energy program to add 400 MW of in-state solar; Team at Lawrence Livermore National Laboratories conducts first fusion experiment in history to yield net energy.

1) The CA PUC approves reduction in compensation for surplus exported from on-site solar panels, to be based on avoided costs (largely market rates) rather than net metering, w/goal of incentivizing storage.

2) Bloomberg reports 13-day leak at Equitrans PA gas storage facility allowed over 1 billion cubic feet of methane to escape, equal to the annual CO2 output from over 343,000 cars. 

3) AES and Air Products, announce 30-year contract for $4 billion green H2 facility in Texas, w/1.4 GW of new wind and solar projects tied to electrolyzers capable of 200 metric tons of green H2 per day. Renewable and electrolyzer assets owned on 50-50 basis, w/Air Products as exclusive offtaker and marketer.

4) Stellantis working w/Michigan Utility DTE Energy and voluntary renewable energy program to add 400 MW of in-state solar, supplying 70 Southeast Michigan sites by 2026, and cutting North American emissions by 50%. 

5) Team at Lawrence Livermore National Laboratories National Ignition Facility conducts first controlled fusion experiment in history to yielded more energy from the fusion process than the laser energy used to start it. Lab's 192 laser array delivered 2.05 megajoules of energy to hydrogen target and measured 3.15 megajoules of output, heating hydrogen to 150 million degrees Celsius, 10 times the heat of the sun with pressure over twice that at the sun's Center. Commercialization at least a decade away.

Two Duke NC substations targeted by gunfire, resulting in five-day outage to 40,000 customers. Electric infrastructure in OR and WA State also attacked in six separate incidents, w/some involving firearms, leading to brief outages; US Bureau of Ocean Energy holds offshore wind lease auctions w/five winners paying total $757 mn; NJ increases latest offshore wind solicitation from 1.2 to 4 GW; GM rolls out massive Level 2 charger deployment program at dealers, supporting as many as 40,000 chargers - open to all drivers; Ford Pro business unit to deliver 2000 electric delivery vans to Deutsche Post DHL by the end of 2023; China to install 80 GW of solar this year; Starwood Energy implodes 242 MW NJ coal plant, plans to replace w/$1 billion clean energy investment.

1) Two Duke Energy NC substations attacked w/multiple rounds of gunfire, resulting in five-day blackout for 40,000 customers. Six substations in OR and WA also attacked –some w/gunfire – in late November.

2) US Bureau of Ocean Energy Management's offshore wind energy auction for five CA leases, covering 375,000 acres, nets $757 million from five different bidders. Areas will support floating wind, w/4.6 GW of potential capacity.

3) NJ ups third offshore wind solicitation target from 1.2 to 4 GW, includes new proposed requirements including inflation adjustment mechanism, requirements for supply chain facilities, and minimum environmental standards.

4) GM installs first Level 2 EV Chargers at dealers in Wisconsin and Michigan under its Dealer Community Charging Program that may include up to 40,000 Level 2 chargers across the country, open to all EV drivers.

5) Ford Pro biz unit to deliver 2000 electric delivery vans to Deutsche DHL by end of 2023. MOU between two companies foresees add’l deliveries, as well as DHL's implementation of the Ford Pro suite of software products - a big potential growth opportunity for Ford.

6) China installs 58.2 GW of solar thru first 10 months of 2022, with 80 GW target for entire year.

7) Starwood Energy demolishes 242 MW NJ Logan Coal Plant in NJ, and plans to replace w/$1 billion clean energy project featuring battery energy storage, w/project specifics undisclosed.

U.S. DOC finds circumvention of solar panel tariffs has occurred, final decision May 2023; EU displeased w/U.S. domestic content provisions in IRA; States seeking IRA money to clean up abandoned wells identify 120,000 orphaned wells; PJM to manage interconnection queue w/"first ready first serve" review process, w/new projects waiting to 2026; CAISO sees $1.2 bn benefit from Day-Ahead EIM market; 1st Tesla 1 MW semi-tractor trailer delivered to PepsiCo; Hyundai Motor and EG Energy Solution eyeing two battery plants in Georgia, at 35 GWh each; Vietnamese automaker VinFast ships first batch of electric SUVs to US; China Three Gorges/Goldwind 16 MW offshore wind turbine technology is ready for market. It's largest in the world, but Chinese competitor, CCS Haizhuang is set to unveil 18 MW turbine mid-December.

1) US Department of Commerce finds a number of Chinese solar manufacturers circumventing tariffs by assembling equipment in Cambodia, Malaysia, Thailand, and Vietnam. Some large Chinese manufacturers unaffected. Final determination next May.

2) EU expresses concern over US domestic content policy for batteries and EVs, and issue discussed during Biden-Macron summit. Biden reassures, "tweaks” can be made.

3) With $4.7 bn in IRA resources for plugging abandoned hydrocarbon wells, states identify 120,000 locations.

4) PJM to apply "first ready first serve" review process to interconnection queue, aggregating proposals and assigning related system upgrade costs to clusters per FERC-approved plan. New projects must wait to early 2026.

5) CAISO projects $1.2 benefit from EIM Day-Ahead market, w/ final market proposal by early Dec, decisions by all participants by February, and beginning of voluntary market operations by 2024.

6) E-trucks are here: Tesla Semi tractor trailer truck delivered to PepsiCo. Renault deliveres e-truck to Coke, and Daimler Freightliner eCascadias delivered to Penske Truck Leasing and Cisco.

7) Hyundai Motor and LG Energy Solution look at jointly building two battery plants in Georgia, at 35 GWh each.

8) Vietnamese automaker VinFast ships 1st batch of VF8 electric SUVs to US, w/deliveries due end of year.

9) China Three Gorges Corporation and Goldwind Technology roll out 16 MW offshore wind turbine - the largest in the world - but competitor CCS Haizhuang is set to unveil 18 MW turbine by mid-month.

IRA attracting domestic investment in solar panel manuf'g, w/Enel and First Solar adding 9,300 MW of U.S. manuf’g capacity; Pattern Energy gets OK from AZ for 550-mile, 3,000 MW HVDC transmission line from central NM to south central AZ; Nuscale's SMR nuke pricing of 1st contract jumps from $58/MWh, to up to $90 - $100/MWh, owing to supply chain & inflation pressures; Biden admin to release $350 mn for 11 long-duration storage demo projects of 10+ hours; Volvo Trucks’ heavy-duty electric 44-ton trucks including parts made of fossil-free steel; VW sells 500,000th EV; Volvo joins w/Pilot to build charging network for medium/heavy duty electric trucks at Pilot and Flying J travel centers; CA PUC announces $1 bn for state's EV charging network, w/ focus on medium/heavy-duty vehicles & multi-unit family dwellings; Royal Schiphol Group to install 10,000 EV charging stations at Dutch airports by 2030; Panasonic in multi $bn deal to buy recycled battery materials for Kansas gigafactory from Redwood Materials, starting 2025.

1) Inflation Reduction Act enticing major investments in U.S. solar plants, w/ Enel planing on up to 6,000 MW of bifacial heterojunction PV manufacturing in US starting first half of 2023, and First Solar w/ add’l 3,300 MW of new thin film plant capacity.

2) Pattern Energy gets OK from AZ regulators for 550-mile, 525 kV HVDC SunZia transmission line for 3,000 MW of wind energy from Central NM to South Central AZ.

3) Price tag for Nuscale's 1st US SMR nuclear contract w/Utah Associated Muni Power Systems increasing from $58/MWh to as much $90-$100/MWh, a result of increased steel costs and inflation.

4) Biden Admin offers $350 mn to support 11 long-duration (10+ hours) storage demo projects.

5) Volvo Trucks new electric 44 ton trucks are the first trucks in world to have parts made from fossil free steel, made by Sweden’s SSAB using hydrogen-based Direct Reduction technology.

6) VW notches 500,000 sales of ID brand of EVs.

7) Volvo and Pilot roll out plans for U.S. high-performance public charging network for medium/heavy duty electric trucks at Pilot and Flying J Travel centers.

8) CA PUC unveils five-yr, $1 bn plan to build EV charging network for medium/heavy-duty trucks as well as multi-unit family dwellings.

9) Royal Schiphol Group to install 10,000 EV charging stations at Netherlands airports by 2030.

10) Panasonic will buy re-manufactured battery cathode materials from battery recycler Redwood Materials for Kansas Gigafactory as in multi $bn deal, starting 2025.

US Customs seizes over 1,000 shipments of Chinese solar panels worth hundreds of millions of dollars between June and October; French Senate OKs bill requiring all parking lots w/80+ spaces to be at least 50% covered by solar canopies w/in next 6 years; Together SDG&E and GM look into tapping bi-directional EVs as grid resources; Sweden's new government scraps climate bonus subsidy for EVs; Hawai'i PUC sets broadly applicable new tariff w/TOU rate structure to account for enormous solar influx; CA PUC proposes new Net Metering tariffs w/reduced paymts for solar; Canada forces 3 Chinese cos. to divest holdings in Canadian critical minerals cos, principally focused on lithium; Texas struggles w/ grid reliability, and regulators flirt with some type of capacity payment.

1) US Customs seizes over 1,000 shipments of Chinese solar panels worth hundreds of millions of dollars between June and October, a consequence of the Uyghur Forced Labor Production Act restricting imports from China's Xinjiang province over forced labor concerns in solar supply chain.

2) French Senate passes bill requiring all parking lots w/ 80+ spaces to have solar canopies covering 50+% of space w/in 6 years, creating up to 11,000 MW of new solar capacity.

3) San Diego Gas and Electric and GM will collaborate to integrate bi-directional EVs into grid as local resources, evaluating necessary hardware, software, processes and construction considerations.

4) Sweden's new government eliminates climate bonus subsidy for EVs, since total cost of ownership is now similar to that for internal combustion vehicles.

5) Hawai’i PUC sets new tariff w/time of use rate structure to reflect grid dominated by solar, and reflect cost of service.

6) California PUC releases Net Energy Metering 3.0, w/significant cut to value of solar exported to the grid - based on hourly TOU rates. A boost to storage.

7) Canada tells 3 Chinese companies to sell investments in Canadian critical minerals companies focused on lithium, per Investment Canada Act.

8) Texas struggles w/issue of resource adequacy, and how to incentivize resources needed for growth and grid reliability. Some form of capacity payment structure likely.

Avangrid presses for renegotiation on 1200 MW offshore wind proj, utilities say no, & Gov Baker says “talk” but don’t re-open process; BOEM finalizes 2 offshore wind areas in Gulf of Mexico off TX & LA, at over 680,000 acres; Q3 rough for U.S. renewables, w/supply chain a crippling factor; Google to sign 942 MW PPA w/SB Energy for supply from 4 Texas solar projects; DTE Electric files IRP w/$9 billion of expenditures on renewables & storage. Will also convert 1,270 MW of coal to gas by 2025/2026, and retire two more coal units totaling 1,535 MW in 2028; Xcel Energy to stop using coal across 8-state territory by 2030, accelerate closure of coal units at 1,067 MW plant in Texas by 2028; KB Home partners w/SunPower/others to build community microgrid w/219 solar & battery-powered homes, backed by larger shared community battery; Texas PUC OKs 80 MW DER pilot; SunRun to create 17 MW VPP in Puerto Rico from 7,000 residential solar & storage installations; EV charging co Wallbox opens charger manufacturing plant in TX.

1) Avangrid seeks delay in contract decision, citing cost increases. Utilities say no, and Gov Baker says time to talk, but do not re-open procurement.

2) US Bureau of Ocean Energy Mgmt finalizes two Gulf of Mexico offshore wind energy areas at over 680,000 acres off TX & LA.

3) Renewables stumble in Q3, w/only 3,400 MW of capacity commissioned, & 14,000 MW of projects delayed. Solar supply chains a key challenge. Only battery storage installations thrive, up 227% YOY.

4) Google to ink 942 MW PPA w/SB Energy from four SB TX-based solar projects, using First Solar's thin film panels, supplying Google's Midlothian, TX Data Center by mid 2024.

5) DTE Electric files IRP w/$9 bn for 4,400 MW of solar, 1,000 MW of wind & 760 MW of battery storage over next decade. Also to convert 2 coal units at 1,270 MW Belle River Power Plant to gas by 2025/2026, and retire 2 more coal units totaling 1,535 MW in 2028.

6) Xcel Energy to quit coal across 8-state territory by 2030, hasten closure of coal units at 1,067 MW Tolk station in TX by 2028, 4 years early, replace asset w/wind & solar.

7) SunPower, U of California, Schneider Electric, SoCal Ed work w/KB Home on energy-smart connected communities in CA. 219 all-electric residences to be solar powered w/SunPower solar and 13 kWh battery systems connected to a micro grid with its own shared larger community battery.

8) TX PUC OKs 80 MW DER pilot, w/state utilities participating. Customers w/gen, storage, & controllable load < 1 MW can play in wholesale markets.

9) SunRun to develop 17 MW VPP in Puerto Rico from 7,000 residential solar & storage installations, to minimize outages and improve power quality on grid.

10) EV charging co Wallbox commissions plant in Texas, to produce over 250,000 units in 2022 and 1 million by 2030. Wallbox demonstrates 400 kW fast DC charger offering 100 miles of range in five minutes.

Avangrid seeks 1-month suspension of offshore wind PPA review, citing supply chain & inflation, seeks change to PPA; Siemens Gamesa upgrades wind turbine to rated output of 7 MW; SRP signs contracts w/Plus Power for 2 battery storage systems totaling 340 MW and 1,360 MWh, ready by mid-2024; EV charging co Electrify America unveils 1st MW-level battery system in Baker, California at 1.5 MW/3 MWh, as buffer betw chargers and grid; PG&E gets approval for nation's first V2G tariff for commercial EV charging customers; Reuters review sees world's top auto OEMs spending $1.2 trillion through 2030 on EVs, batteries, & raw materials; Pacific Corp and modular nuclear co TerraPower evaluating 5 sites for TerraPower's fast sodium nukes integrated w/molten salt storage; Micro inverter co Enphase to onshore some product manufacturing in response to IRA tax credits; BNEF estimates a price tag of $262 billion for Europe and US to domestically make all batteries & solar panels necessary to meet 2030 demand; Study in Nature suggests “made in America” approach may conflict with U.S. emissions reduction goals.

1) Avangrid files a motion in MA for one month suspension of offshore Commonwealth Wind PPA, citing, "economic challenges… historic price increases, sharp and sudden increases in interest rates,” and requests, "modest changes", to associated PPA.

2) Siemens Gamesa releases a wind turbine on its 5.X platform w/rated output of 7 MW, for medium to high wind speed locations.

3) Salt River Project inks agreement w/Plus Power for two battery storage systems totaling 340 MW, and 1,360 MWh to be operational by mid-2024. Both to be owned and operated by Plus Power subsidiary, w/SRP retaining dispatch control.

4) EV charging co Electrify America installing battery storage systems at DC Fast Charging stations to act as buffers, managing costs and reducing stress on grid. First MW-level system now online in Baker, California at 1.5 MW/3 MWh.

5) PG&E receives OK for the nation's first V2G tariff for commercial EV charging customers, compensating EVs for exporting power back to grid during peak periods.

6) Reuters review sees the world's top automakers spending $1.2 trillion through 2030 on EVs, batteries, and associated raw materials, up 2X from review a year ago.

7) Pacific Corp and modular nuclear reactor company, TerraPower announced they're evaluating five sites for TerraPower's fast sodium MNRs integrated w/molten salt storage.

8) Micro inverter supplier Enphase will onshore some product manufacturing in response to the recent IRA and tax credit of 11 cents/watt for microinverters.

9) BNEF estimates cost of $149 billion for Europe and $113 billion for the US to domestically produce all batteries and solar panels necessary to meet demand by 2030.

10) Study in Nature sees “made in America approach” conflicting w/U.S. emissions reduction goals, in part due to price increases.

Carbon-free steel-making startup Electra secures $85 mn to develop and scale electro-chemical tech that refines iron ore into pure iron at temps of 140°F; U.S. IRA subsidies luring new onshore battery investments; Nevada reports over 17,375 lithium mining claims through Aug 2022; NREL estimates offshore wind will support between 15,000 and 58,000 full-time jobs from 2024 to 2030; Rhode Island Energy issues RFP for 600 – 1,000 MW of offshore wind, w/bids due 2/1/23; BOEM to hold offshore wind lease sale on 12/6 for 373,000 acres off central and northern CA; Dominion Energy proposes dozens of new solar and energy storage projects totaling over 800 MW; VDL Bus & Coach and German energy co RWE will convert 43 aging bus batteries into energy storage to support 7.5 MW installation at RWE'S power plant in Holland; Australia state of Victoria sets the goal of 95% renewables by 2035, w/investment of $U.S. 630 million for 4.5 GW of renewable projects. Also, upping its 2030 goal from 50% to 65%; Limited water availability may hamstring global green hydrogen development since estimated 85% of planned projects are in areas with water stress

1) Carbon-free steel-making startup Electra nails $85 mn in financing to develop and scale zero emissions tech that electrochemically refines iron ore into pure iron at temps of 140°F (most of steel is made at > 2,912°F)

2) US IRA subsidies w/domestic content requirement already begin to attract new domestic battery investments. Battery factory output to double by 2024 and increase up to 10x (1000 GWh) by 2030.

3) Nevada registers over estimated 17,000 lithium mining claims through August 2022.

4) The National Renewable Energy Laboratory estimates offshore wind industry will support between 15 and 58,000 full-time jobs from 2024 to 2030 - depending on domestic content - up from fewer than 1000 posts today.

5) Main RI electric utility, Rhode Island Energy posts RFP for 600 – 1,000 MW of offshore wind w/bids due on Feb 1, 2023.

6) U.S. Bureau of Ocean Energy Management to hold an offshore wind energy lease sale on 12/6 for 373,000 acres located on outer Continental Shelf off central and northern CA, with up to 4,500 MW of floating wind production.

7) Dominion Energy seeks approval for nearly two dozen new solar and energy storage projects totaling over 800 MW, to be completed betw 2023 and 2025.

8) VDL Bus & Coach and German energy co RWE will convert 43 aging bus batteries into 75.5 MW energy storage project at RWE power plant in Netherlands.

9) Australia state of Victoria sets a goal of 95% renewables by 2035, w/investment of about $U.S. 630 million US to develop 4.5 GW of renewable projects. Victoria also increasing 2030 goal from 50% to 65%.

10) Water availability may hinder global green hydrogen development, w/estimated 85% of planned facilities in areas w/medium to high water stress.

Munich Re to stop supporting oil/gas projects by 10/23; Daimler Freightliner gets order for add’l 250 heavy-duty e-trucks; Volvo EV will increasingly be V2G capable; European rental car co Sixt to get up to 100,000 BYD EVs over next 6 years; US fast charge battery company EnPower opens 800 MWh, 92,000 sq ft plant in Indianapolis for advanced lithium-ion batteries; U.S Labor Dept adds Chinese batteries to list of goods related to child- or forced-labor; iron-air battery co Form Energy scores add’l $450 mn in financing; Duke Energy proposes 24X7 clean energy tariff for large customers in SC; Belgium's transmission operator plans for 12-acre artificial energy island, to support 3,500 MW of wind and connect w/Denmark and UK grids; CA startup SolarCycle to partner w/Sunrun in recycling used solar modules; Consolidated Edison to sell ConEdison Clean Energy Businesses to RWE Renewables Americas for $6.8 billion.

1) World's largest re-insurance co, Munich Re, to cease investing in and underwriting oil and gas projects as of 10/23,

2) North American logistics co Pride Group Enterprises orders 250 Daimler Freightliner heavy duty electric trucks, for short and long-term rental in U.S. Battery pack options range from 194 to 440 kWh w/maximum 230-mile range.

3) Volvo models will increasingly support bidirectional charging, via both AC and DC, and charge and discharge at 11 kW.

4) European rental car company Sixt and Chinese electric vehicle maker BYD sign agreement for up to 100,000 BYD EVs over the next 6 years. New electric fleet will be rolled out in Germany, France, the Netherlands and the UK.

5) US fast charge battery company EnPower inaugurates 800 MWh, 92,000 sq ft plant in Indianapolis to produce advanced lithium-ion batteries.

6) U.S Labor Department issues report stating Chinese batteries may be supported by child labor, adds batteries to list of goods made with materials known to be produced with child or forced labor.

7) Long-duration iron-air battery co Form Energy closes on add’l $450 million of financing, to be used to grow staff, continue tech validation, and progress towards commercial mode. Form to announce factory location shortly.

8) Duke Energy proposes tariff to allow large customers to contract w/Duke Energy's two South Carolina utilities to access clean energy from Duke-owned assets and third-party owned resources, w/goal of 24X7 clean energy match.

9) Belgium's transmission system operator presents draft plans, for 12-acre artificial energy island, 25 miles offshore, to support up to 3,500 MW of wind and serve as a hub to connect w/Denmark and UK power grids.

10) California startup SolarCycle to partner w/Sunrun in recycling components of used solar panels.

11) Consolidated Edison to sell its ConEdison Clean Energy Businesses to RWE Renewables Americas, in deal valued at $6.8 billion.

Constellation to devote 1 MW from 1,900 MW Nine Mile Point nuke to make hydrogen. 10 MW fuel cell peaker also to be installed on plant site; SoCalGas announces model H2 residential microgrid using solar and electrolyzers to supply home and appliances; Ballard receives two orders for fuel cells to power trains, one in Germany and the other in California; NYPA test-fires retrofitted GE turbine on Long Island to burn H2 blends as high as 44%; German steelmaker ThyssenKrupp OKs $2 bn plan to replace four blast furnaces w/hydrogen-based technology at its largest German steel making plant, w/first new furnace operational by 2026; Hertz and BP announce plan to develop a U.S. network of thousands of EV charging stations; Pentagon issues RFP for design, build and operation of micro nuclear reactor <5MW to support mission-readiness.

1) Constellation's to utilize 1 MW of capacity from 1900 MW Nine Mile Point nuclear plant in NY to make 500 kg/day of hydrogen, suggests potential future hydrogen-making expansion to rest of fleet. A 2nd project on site will use 10 MW fuel cell as peaker.

2) Southern California Gas announces pilot H2 residential micro-grid, w/2000 sq ft home converting energy from solar via electrolyzer into H2, which is either stored for conversion back to electricity through onsite fuel cell or blended w/methane for use in appliances.

3) Ballard Power wins orders for fuel cells to drive hydrogen-based trains in Germany and in San Bernardino, California. Both to be commissioned by 2024.

4) New York Power Authority successfully generates electricity in retrofitted GE turbine, using blend of green H2 and methane, w/H2 blends as high as 44%. At 35% H2 mix, CO2 emissions were cut by 14%.

5) Germany steel giant ThyssenKrupp greenlights $2 billion plan to replace four blast furnaces w/hydrogen-based technology at its largest steel plant in Germany, to be operational by 2026. Technology enables use of commonly available blast furnace-grade iron ore, rather than the scarce direct reduction grade used in recent low-carbon steel projects. New approach could greatly expand use of varying qualities of ore in carbon-free steel production.

6) Hertz and BP roll out plan for U.S network of thousands of EV charging stations for both rental vehicles and general public. BP to coordinate charging infrastructure near Hertz locations and deploy software to optimize charging relative to electricity costs.

7) Pentagon releases RFP relating to design, build and operation of a micro nuclear reactor at Alaska's Eielson military base within five years, w/goal of demonstrating feasibility of a small scale nuclear power plant as backup for military bases. RFP specifies a plant up to 5 MW, operating for up to 10 years until the fuel is spent.

DOE to accept applications for up to 10 H2 Hubs receiving a total of $7 billion; BNEF reports Chinese alkaline electrolyzers now at ¼ the price of Western manufacturers and likely to dominate global markets w/in a decade; Competitive Power Ventures to build $3 billion 1,800 MW NGCC w/carbon capture & storage in W. Virginia; NJ Gov Murphy ups offshore wind goal to 11,000 MW by 2045; Herz to take up to 175,000 electric vehicles from GM; CA produce co Taylor Farms collaborates w/Bloom Energy on microgrid w/fuel cells, solar, & batteries; Bloom Energy will install 240 kW electrolyzer project at Xcel MN nuclear plant to make “pink” hydrogen; Tesla Megapack lithium battery ignites at 182 MW CA Moss Landing energy storage facility; Flow battery co ESS will supply up to 200 MW/2,000 MW hours of long-duration flow batteries to SMUD; Swedish Electric aircraft co Heart Aerospace rolls out ES-30 hybrid electric regional aircraft for up to 30 passengers.

1) U.S. Department of Energy to accept applications for up to 10 H2Hubs receiving a total of $7 billion. At least 4 hubs will be selected, including one w/focus on green H2, one using blue H2, and one with pink H2 from nuclear energy. Concept papers due by 11/7/2022, w/full applications required by 4/7/2023.

2) Bloomberg New Energy Finance reports Chinese electrolyzers up to 4x less expensive than Western equivalents, likely to dominate global markets after 2025.

3) Competitive Power Ventures says it will build a $3 billion 1,800 MW gas fired combined cycle plant with carbon capture & storage in W. Virginia.

4) NJ Governor Murphy issues Executive Order to boost offshore wind from 7,500 MW by 2035 to 11,000 MW by 2045.

5) Hertz Corporation commits to up to 175,000 electric vehicles from GM, adding to existing fleet of Teslas and Polestars. Deliveries should start early next year w/Chevy Bolt and the Bolt EUV, a small SUV, followed by other GM models.

6) CA produce supplier Taylor Farms concerned w/power quality issues, collaborates w/Bloom Energy on microgrid w/6 MW of fuel cells, 2 MW of solar panels, and 2 MW of batteries. The plant will remain grid tied for now.

7) Bloom Energy will install a 240 kW electrolyzer demo project at Xcel Energy's MN nuclear plant to produce “pink” H2, by early 2024.

8) Tesla Megapack lithium battery ignites at 182 MW CA Moss Landing energy storage facility, closing Highway 1, and triggering local shelter-in-place order.

9) Flow battery company ESS announces deal for up to 200 MW/2,000 MWh of long-duration flow batteries to Sacramento Municipal Utility District, coming online beginning 2023.

10) Swedish Electric aircraft developer Heart Aerospace unveils ES-30 hybrid electric regional aircraft for up to 30 passengers. Operational by 2028, it has pure electric range of about 125 mi.

Biden Admin sets target of 15 GW of floating offshore wind by 2035; RI’s offshore wind development terminal breaks ground; Biden Admin announces approval of 2/3 of state NEVI applications, freeing $900 mn in funding for EV charging; Stellantis to electrify four Jeep models; PA and OH turnpike officials eye section of highway for wireless charging near state borders; BHP to electrify 160 mining trucks – possibly autonomous - in Chile’s Escondida mine; Three CA gas utilities file applications for three separate $10+ mn plans to blend H2 into sections of pipeline networks; White House releases report on crypto, makes recommendations for efficiency; CA with new law classifying heat events similar to method for hurricanes.

1) Biden Administration plans on 15 GW of deep water floating by 2035 off CA and OR in West Coast and ME in East Coast.

2) Construction underway on Rhode Island's South Quay Marine Terminal including 525-foot berth for offshore installation vessels and 10-acres of land for storing components.

3) Biden Administration approves over two-thirds of state NEVI plan, freeing $900 mn for EV charging build-out on nation's highways.

4) Stellantis' Jeep brand will launch four pure electric SUVs in Europe and North America by 2025, including Wagoneer, w/range of 400 miles.

5) Ohio and Pennsylvania turnpike officials will electrify part of highway near Ohio-Pennsylvania border, so the drivers can charge while they drive.

6) 160 mining trucks at BHP's Northern Chile Escondida mine will be all-electric by 2033, w/first Caterpillar mining trucks delivered next year. They are likely to be autonomous.

7) San Diego Gas and Electric, Southern California Gas, and Southwest Gas Corp jointly file w/CA PUC for approval of separate $10+ million hydrogen projects, to blend up to 20% hydrogen into certain parts of the natural gas pipeline systems.

8) White House releases report on the impacts of cryptocurrency, recommends federal agencies provide technical assistance to improve efficiencies, while creating standards for responsible design, development and use of crypto tech.

9) California Governor Newsom signs legislation to to include first-ever warning system rating heat events similarly to the way we now do hurricanes.

The UK suffers serious impacts from energy crisis; California weathers record heat wave w/o rolling outages; Sunnova files w/CAPUC to establish micro-grid and be regulated as a micro utility; CA bill promotes community solar, which will likely be paired w/storage; Liquid metal battery company Ambri to demonstrate batteries at Xcel Energy demonstration project in CO; MISO OKs storage resources for participation in energy and operating reserve markets; New Hampshire Electric Co-op to offer members transactive energy rate by the end of 2023, facilitating bi-directional power flows at different rates.

1) the energy crisis and attendant price spikes are crippling UK civil society, from schools to pubs.

2) California suffers through record heat wave w/CAISO calling Level 3 Energy Emergency Alert as peak demand hits record 52,061 MW on Sept 6. Millions notified on cell phones, leading to nearly 2,000 MW load cuts over following 20-30 minutes.

3) Sunnova files w/CA Public Utilities Commission to own and operate microgrids w/in new planned residential communities and to be regulated as a "micro utility."

4) CA Assembly Bill 2316 passes, promoting community solar based on the actual value of the energy produced. Batteries likely with all new systems.

5) Liquid metal battery company Ambri will install batteries in pilot at Xcel Energy’s Solar Technology Acceleration Center in Aurora, CO. Ambri plans on 5 similar pilot projects in 2023.

6) MISO says storage resources can participate in energy and operating reserve markets. Queue stands at 150+ storage projects totaling over 13,000 MW.

7) New Hampshire Electric Co-op to offer members Day-Ahead transactive energy rates by the end of 2023, stimulating bi-directional power flows from batteries and EVs.

CA to require all new light vehicles to be zero-emission by 2035; Panasonic eyeing another $4 bn battery plant, potentially in Oklahoma; U.S. nails new monthly EV sales record, at 79,325 cars in July; UK completes V2G pilot, setting the stage for broader V2G integration; The Mobility House connects to European Power Exchange, trading juice from 4,500 EV batteries totaling 100 MW; MA electric school buses delivered 7 MWh in V2G program over 32 events; Plug Power to supply Amazon w/nearly 11,000 tons of green H2 per year, starting 2025; world’s first H2 train network now operating in Germany; California plans to cover 1.3 miles of aqueducts w/solar panels to help minimize evaporation; Texas bans 10 financial firms – including Black Rock, Goldman, and JP Morgan -from doing business with the state, claiming they don’t support the oil & gas industry.

1) California Air Resources Board votes to require all new light vehicles be zero-emission by 2035. CA sells 10% of all U.S. cars, and other states will follow, so this will change market.

2) Panasonic may build a second $4 bn battery plant - to follow the one planned for Kansas - in Oklahoma, although company won't comment.

3) July U.S. EV monthly sales hit new record, at 79,325 vehicles, up 52.2% over July 2021, and accounting for 7.0% of total light-duty vehicle sales. YTD, 2022 total EV sales up 58% over 2021.

4) In successful V2G pilot using EVs to balance grid, 130+ Octopus Energy customers with Nissan Leafs were paid to plug in at night when power was cheap and cleaner, both storing and releasing energy when requested.

5) The Mobility House connects to European Power Exchange, coordinating and trading on the flexibilities of 4,500 electric car batteries totaling 100 MW through its EV Aggregation Platform.

6) For 2nd summer, electric school buses in MA delivered energy back to the grid, this time providing 7 MWh over 32 events.

7) Amazon contracts w/Plug Power to supply almost 11,000 tons of green hydrogen annually for transportation and building operations commencing in 2025, for 30,000 forklifts or 800 long-haul trucks.

8) World’s first hydrogen fuel cell train network now live in Germany’s Lower Saxony, w/14 H2-powered Coradia iLint trains operating on ranges of 600+ miles w/o refueling.

9) California plans $20 mn project to cover 1.3 miles of aqueducts w/solar panels to help minimize evaporation, modeled after existing schemes in India. CA has a 40K mile canal network.

10) Pursuant to September law, Texas bans 10 financial firms – including Black Rock, Goldman and JP Morgan -from doing business w/state claiming they don’t support state’s oil & gas industry.

Three companies team up to offer a V2G project feeding Consolidated Edison in NY; Duke Energy w/V2G pilot in Florida and separate V2G project proposed for N. Carolina; Electrify America to install 200+ DC fast chargers - from 150 KW to 350 KW at 25 U.S. Ikea locations over next 16 mos; Chinese EV battery swap co Aulton completes cumulative 30 million battery swaps; China's Sinopec to build $470 mn green H2 plant supported by 300 MW of solar by June of 2023. producing 20,000 tons of green H2/yr at the low cost of $2.67 per kg; Biden Admin advances floating offshore wind in Maine; Tesla’s VPP delivers 17.5 MW of aggregated storage to CA utilities in the first event.

1) E-mobility company Revel, renewables developer NineDot Energy and V2G outfit Fermata Energy announce the first bi-directional VTG program wConEd's grid in Brooklyn, using three bi-directional chargers to deliver up to 45 kW from 2-6 PM.

2) Duke Energy Florida to launch VTG pilot w/five Ford F-150 Lightnings to evaluate EV bi-directional flows, interaction with customer-sited DERs, and support in outages.

3) Duke Energy Carolina files w/North Carolina regulators for the 2023 V2G pilot involving up to 100 F-150 customers in a subsidized leasing program, with incentives for participation in the demand management program.

4) Electrify America to install over 200 DC fast chargers from 150 KW to 350 KW at 25 U.S. Ikea locations by the end of 2023.

5) Aulton New Energy surpasses cumulative 30 million battery swaps, representing about 2.7 billion miles of driving, with facilities offering fast battery swaps in 20 seconds and performing up to 1000 services per location per day.

6) China's Sinopec will build a $470 million green H2 plant fueled by 300 MW of solar by June 2023, yielding 20,000 tons of H2/yr at only $2.67/kg.

7) France's Total Eren to develop 2,000 MW solar farm in Australia's Northern Territory supporting a 1,000 MW electrolyzer facility yielding 80,000 tons of H2 annually.

8) Biden administration moves forward w/offshore wind in Maine, w/BOEM seeking feedback on wind development rights on 13.7 million acres off Maine coast. Also seeking input on Maine's bid for research lease to test effect of floating turbines on state's fishing industry.

9) Tesla's new CA-based VPP has first emergency response event, w/ 2,342 power walls in PG&E and 268 units in SCE offering up to 16 MW and 1.5 MW of power respectively.

Congress passes historic climate bill; MA Governor signs major climate bill into law; Virginia regulators OK massive $9.8 bn offshore wind project, w/stipulations; CA Energy Commission calls for 25,000 MW of offshore wind by 2045; Ford and DTE agree on PPA involving 650 MW of solar in Michigan; Ford to increase the cost of electric F-150 Lightning by between $6,000 and $8,500; CATL to build 100 GWh battery plant in Hungary; EV wireless charging company WiTricity nabs funding round of $63.

1) Senate and House pass landmark Inflation Reduction Act w/$369 billion for clean energy tech to fight climate change.

2) Massachusetts Governor Baker signs a major climate bill into law, boosting offshore wind, aiding solar, and permitting municipal caps on new gas hookups.

3) Virginia State Corporation Commission approves Dominion Energy plans for $9.8 bn, 2.6-GW, offshore wind project, 27 miles off Virginia Beach.

4) CA Energy Commission targets 3,000-5,000 MW by 2030 and 25,000 MW of offshore wind by 2045. These will be floating turbines, as the state has no continental shelf.

5) Ford and DTE ink new power purchase program under which DTE will develop 650 MW of new solar in Michigan for Ford, boosting the total amount of installed solar in MI by about 70%.

6) Ford cites material cost, and boosts electric F-150 Lightning costs by $6,000-8,500, depending upon options selected.

7) Contemporary Amperex Technology to build $7.4 billion, 100 GWh battery plant in Hungary to supply automakers including BMW, Mercedes-Benz, Stellantis, and VW Group.

8) EV wireless company WiTricity closes funding round of $63 million, led by Siemens. Funds will help WiTricity accelerate wireless charging products, including the development of a V2G solution for parked EVs.

Inflation Reduction Act passes through Senate, bringing $369 billion in investments to combat climate change; New Fortress Energy and Plug Power to build 120MW green H2 plant in TX; Long Ridge Energy project successfully tests new hydrogen-methane blending process for 485MW Ohio power plant in Ohio; NW Natural teams w/Seattle-based Modern Electron on pilot H2 project using high temp pyrolysis tech; Nuclear Regulatory Commission to OK NuScale's 50MW small modular nuclear reactor design; 17 states, D.C., and Quebec, agree to action plan for 100% electrification of medium & heavy-duty vehicles by 2050; Amazon begins deliveries using new Rivian Electric Delivery Vehicle in multiple cities; Chinese electric car maker NIO announces first vehicle this winter w/150kWh semi-solid state batteries, offering 600+ miles of range; MISO's board approves $10.3 billion transmission plan w/18 projects to help w/reliability and more access to low-cost renewables.

1) The Senate approves the Inflation Reduction Act, with $369 billion in investments for a clean energy economy.

2) New Fortress Energy and Plug Power plan to develop a 120MW green hydrogen plant in Texas, yielding over 50 tons of H2 daily, and potentially scaling to nearly 500 MW.

3) Long Ridge Energy project successfully tests new hydrogen-methane blending process to supply 485MW power plant in Hannibal, Ohio. Plant is first to commercially deploy GE H-class turbine - burning a 5% H2 mix and delivering to PJM grid.

4) Gas utility NW Natural announces plans for pilot project w/Seattle-based Modern Electron to produce hydrogen using pyrolysis to split CH4 methane into hydrogen and carbon atoms.

5) Nuclear Regulatory Commission will approve NuScale's 50MW small modular nuclear reactor design. NuScale says it has "18 signed and active MOUs with potential customers in 11 countries." First U.S. installation slated for 2029 at the US DOE's Idaho National Laboratory.

6) 17 states, plus Washington DC and Quebec sign onto action plan for 100% electric medium and heavy-duty vehicles by 2050, calling for: more charging infrastructure, fleet owners to submit data concerning EV use, and state subsidies to address purchase cost differentials.

7) Amazon begins deliveries using its new Rivian Electric Delivery Vehicle in cities such as Baltimore, Chicago, Nashville, and others. The plan is to deploy thousands in over a hundred cities by year's end and 100,000 vehicles by 2030.

8) Chinese electric car maker NIO announces first vehicles in Q4 w/150kWh semi-solid-state batteries and 600+ miles of range.

9) MISO's board approves $10.3 billion transmission plan w/18 projects supporting up to 53,000 MW of wind, solar, batteries, and hybrid projects. Resource adequacy a growing issue in MISO, and transmission will help.