Author: George Harvey

Where Are New Grid Tech Investments Going?

On July 24, Mercom Capital Group (MCG) released its “Q2 2018 Battery Storage, Smart Grid and Efficiency Funding and M&A Report.” The report is available online, though it is a bit pricey at $299 to $499.

Mercom Capital Group is a highly regarded clean energy consulting firm with worldwide influence. Its new report provides a picture of mergers and acquisitions (M&A) and other funding that took place during the second quarter in the fields of battery storage, smart grid, and energy efficiency.

Trump Fiddles As Fossil Fuels Burn

Coal and nuclear power are both dying, falling victim to natural gas and renewable energy. Trump used to blame the Democrats, and especially “Obama’s war on coal.” He used to take the position that removing subsidies for renewable power would be sufficient to bring a renaissance to the coal industry. But despite his efforts, coal plants have just kept closing.

Elon Musk Harpooned Baseload Power

With batteries like the Hornsdale Power Reserve, power from solar and wind power will be more valuable, because with battery backup their power can be used to supply an increasing share of baseload power. And that increase in value, which might not necessarily be reflected by an increase in price, makes their power all the more attractive.

Power To Methane

The idea behind power-to-gas has been around for a while. It uses electric power to produce gaseous fuel, usually hydrogen. The advantages are that it can be used to take up excess electric energy from renewable generation in a chemical form. Later, the fuel can be used as needed.