Locator: 48042LNG.
From multiple sources, Saudi wants 25% interest:
SRE: down a bit today; pays 3.3%; probably pays a whole lot for long-term investors.
Batteries = arbitrage, link here.
Connecting a lot of dots:
"Utilities now report that arbitrage is the primary use case for 10,487 MW of battery capacity, making it the most reported primary use," the EIA said.
"In arbitrage, utilities charge batteries by buying electricity during low-cost periods and then sell that electricity when electricity prices increase."
The California Independent System Operator and Electric Reliability Council of Texas accounted for almost three-fourths of US capacity at the end of 2023.
Batteries are most useful whenever and wherever solar capacity accounts for a significant share of load. Solar? Think Texas and southern California. See: does Texas have it all?
CAISO leads the nation in battery-storage capacity with 8.479 GW, or 42.8%, of total US capacity.
However, the Electric Reliability Council of Texas is quickly catching up and added the most capacity in the first quarter 2024 with 1.2 GW, or 55.3%, of all US installation.
CAISO and ERCOT are projected to account for 70% of battery storage capacity in EIA data.
*****************************
The Book Page
If you feel comfortable with 5th-century Athens, and interested in more, I highly recommend Peter Green's The Greco-Persian Wars. His history of the region from northwest India / Afghanistan across Egypt to Macedonia prior to the story of 5th-century Athens is incredible. In just a few pages, he provides a breathtaking review of events leading up to the Greco-Persian wars.
But don't even attempt to read it until your mind is ready to read this history again.
*****************************
North Texas -- Morning -- Wednesday, June 26, 2024
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.