Interchange Recharged

We've spent a lot more time lately looking at the structure of U.S. power markets. Why? Because they're about to get shaken up.It's already begun. In this episode, we'll look at how renewables are upending wholesale power markets today -- and what we can do about it.We'll examine the issue from a few different angles.How the growth of renewables is depressing power prices: Wood Mackenzie's Prajit Gosh describes why low-price events are becoming more common in wholesale markets than high-price events. He'll also look at the impact on other generation sources.How prices are decreasing: MAKE Consulting's Dan Shreve talks about what's driving cost reductions in wind. And GTM's Shayle Kann will look at the "vicious cycle" of low prices, and how to manage the wholesale market transition in the U.S.This podcast is sponsored by Schneider Electric. Now, you can reap the benefits of a microgrid with no upfront capital through the new microgrid-as-a-service business model from Schneider Electric. Find out how it works.Recommended reading:GTM: The Rise of Renewables Creates Uncertainty in US Power MarketsGTM: Next-Generation Energy Technologies Are Constrained by Outdated Markets. Here’s How to Fix ThemSubscribe to The Interchange podcast via Apple Podcasts, Google Play, Stitcher or wherever you find your audio content.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week: a conversation with Andrew Birch, the co-founder and CEO of Sungevity.For those who’ve been following the wild ride in solar, you’re going to want to listen to this conversation.Sungevity was once one of the biggest residential solar installers in the U.S. – until it filed for bankruptcy protection at the beginning of the year. In this interview, Andrew Birch talks candidly about how Sungevity was founded, what killed an acquisition deal to save the installer, how market forces and the political landscape hurt the business, and where he thinks global solar trends are headed.This interview was conducted on-stage at Powerhouse, an incubator based in San Francisco. It’s part of the “Watt It Takes” series on how top cleantech entrepreneurs built their companies. The series is produced by Powerhouse, in partnership with Greentech Media.This podcast is sponsored by the New York Times ClimateTech conference, held in San Francisco on November 29 and 30. Engage with influential leaders from key industries and explore how innovation of all stripes can help solve one of the most pressing issues of our time. To apply and receive a 20% discount, visit www.nytclimatetech.com and use code GTM20.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Still looking for a scary costume for this Halloween? Here's a terrifying idea: Dress up like an "attack vector" or an "advanced persistent threat."This week's topic of conversation is a combination disaster movie and cat-and-mouse political thriller -- encompassing extreme weather, hacking and political espionage.We're talking security threats to the electric grid with Dr. Paul Stockton, an international security expert based in Washington, DC.Paul is the managing director for Sonecon, where he advises utilities and other operators of critical infrastructure on a wide range of security threats. Before that, he was Assistant Secretary of Homeland Defense and America’s Security Affairs, where he directed the agency’s response to Superstorm Sandy and the Deepwater Horizon oil spill. In this interview, Dr. Stockton describes the many different vulnerabilities along the electric grid. How are they evolving? What can we learn from them?Recommended reading:Paul Stockton analysis: How the Nation’s Electric Utilities Can Speed Recovery from Cyber-Induced BlackoutsGTM: Energy Sector Ups Cybersecurity Amid Growing IT ThreatsGTM e-book: How Superstorm Sandy changed America's GridSubscribe to The Interchange podcast via Apple Podcasts, Google Play, Stitcher or wherever you find your audio content.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Two unproven startups just raised a combined $65 million to test out real-world use cases of blockchain in energy: Grid+ and Power Ledger.Blockchain for energy is starting to get traction, and there's actual money flowing into the space. So what do these companies actually do? In this episode, Shayle Kann talks with Scott Clavenna about the ideas, strategies and risks behind each of these startups. Then we talk about the heady world of ICOs -- initial coin offerings -- and why so much capital is flowing into this market all at once.This is an update to our previous conversation on blockchain and energy. Listen to that episode for a primer on blockchain.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week, we’re unveiling a new podcast collaboration between Greentech Media and Powerhouse, called "Watt it Takes." Watt It Takes is produced and recorded live at Powerhouse, a cleantech incubator and seed fund in Oakland, CA. Each month, a founder of a top clean energy company shares the personal story behind the company they’ve built. Our first episode features Dick Swanson, founder, and former CEO and CTO of SunPower, who talks about the wild ups and downs of building one of the largest solar companies in the world. The show begins with Shayle Kann, SVP at GTM, providing some market context. And then Powerhouse Founder and CEO Emily Kirsch leads the interview with Swanson. Want to meet these industry luminaries and watch a live recording? Get tickets for future events: wattittakesoct2017.splashthat.com. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Thought that controversial grid resiliency report ordered by Energy Secretary Rick Perry was only an intellectual exercise? It didn't take long for the Department of Energy to put it into action -- in exactly the way that critics feared when the report was first announced. Last week, Perry asked federal energy regulators to consider new rules that would value coal and nuclear plants with 90 days of fuel on hand. In other words: find a way to help keep struggling baseload plants open by offering them a new financial incentive. Or, as a supposed free-market proponent like Perry might put it for any other technology, "pick winners and losers." After months of prebuttals from renewable-energy interest groups, the final DOE study was widely considered a straightforward account of power plant retirements on the U.S. grid. Travis Fisher, the project coordinator at the DOE, joined us on the podcast to talk through the process and his team's findings. While many cleantech enthusiasts disagreed with the lack of attention on distributed resources in the report, there was wide agreement that it was not a political document. That is, until Perry issued his letter to FERC last week. Now the politics are center stage. And it's going to get messy. In this week's Interchange podcast, Shayle Kann interviews Ari Peskoe, a senior fellow in electricity law at Harvard Law School. They'll talk about the specifics of Perry's "flimsy" request, and, more importantly, what it could mean for regulatory priorities under FERC. Has the government found a new way to keep coal alive? Or is this a half-baked attempt to prop up struggling plants? "This seems to be a total retreat from market-based principles," explains Peskoe in the podcast. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

There’s a paradox in energy. While new technologies are accelerating faster than ever, the adoption of those technologies by incumbents remains slow. This presents a captivity problem for startups, particularly in electricity. They need incumbent utilities to reach customers and integrate new technologies at the grid edge –- but this reliance significantly slows progress, creates tension, and potentially destroys their chances of success. Will the situation ever change? Or is it just the reality that startups (and their investors) need to accept? And what about utilities? What is at the root of their hesitancy to quickly adopt new technologies? In this week’s show, we talk with GTM Senior Manager Nick Rinaldi about a new in-house survey that addresses all those questions. Read the survey: http://bit.ly/2wkooRU See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In the four decades since congress passed the 1974 Trade Act, there have been 75 cases when U.S. industries used the law to argue that imports caused them injury. The list of aggrieved industries is wide-ranging: footwear, CB radios, mushrooms, lamb meat, clothespins and steel. And now, solar. Over the years, the International Trade Commission has ruled in favor of petitioners roughly half the time. But according to a study from Georgetown Law, which analyzed the impacts of import penalties on lamb meat, line pipe and gluten, "none of the three industries were restored to sustained competitiveness" because of protectionist measures. Last Friday, the ITC determined that US solar manufacturers faced harm from imports. If penalties are imposed, will the result be any different? This week, we discuss the next steps in the solar industry's latest controversial trade case. Recommended reading: The Effects of Section 201 Safeguards on U.S. Industries: http://bit.ly/2wh5tHL 6 Ways to Encourage American Solar Manufacturing Without Import Duties: http://bit.ly/2yBZ9fp Foreign Solar Manufacturers Weigh Opening US Facilities as Tariff Decision Looms: http://bit.ly/2hhX97Z See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We're having a bit of a moment for "resiliency" in the U.S. Hurricanes Harvey and Irma have forced a conversation about climate resiliency for coastal communities. Meanwhile, the Energy Department has made grid reliability and resiliency central to its mission. This brings us to an important resiliency tool: microgrids. Microgrids became a major part of resiliency plans in New York, New Jersey, Connecticut and Massachusetts after Hurricane Sandy in 2012. We’ll look at how that’s influencing the conversation today in the wake of Harvey and Irma. We'll also get a snapshot of how microgrids in Texas fared during the storm. This week, GTM Grid Analyst Colleen Metelitsa joins us to talk about microgrid applications, the limits of certain technologies, and where they fit into the resiliency picture. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It's difficult to keep up with cost and performance trends for technologies like batteries and solar PV. It's particularly hard for regulators and policymakers, who often rely on outdated analysis. The latest example comes from California, where the California Independent System Operator is using three-year-old data on battery and solar costs as it evaluates alternatives to a natural gas peaker plant. The cost of lithium-ion batteries and solar PV have come down precipitously since then. So why are regulators using such ancient data to make this crucial decision? This is not an isolated incident. In this episode, we talk about the questionable analysis behind the Puente natural gas plant in Southern California. We'll also discuss some other examples of faulty data being used for energy planning decisions. Finally, we'll speculate on some possible solutions to the chronic problem. Read Julian Spector's story on the faulty analysis: https://www.greentechmedia.com/articles/read/energy-storage-nrg-puente-gas-peaker-plant-cost See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.