Markets

Tesla begins production at Shanghai Megapack Factory amid intensifying price war

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From ESS News Tesla has officially announced the start of production at its Shanghai energy storage factory, the company’s first Megapack manufacturing facility outside the United States. While the public announcement came on February 11, construction of the plant had already been completed in December 2024 – just seven months after breaking ground in May. The …

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Piclo opens electric grid flexibility marketplace in California

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The distributed energy resource market provider enables operators of batteries, smart EV chargers, and demand response systems to sell flexible capacity to utilities. February 4, 2025 Piclo, a distributed energy resource (DER) marketplace operator, announced the launch of its grid flexibility platform in California. The marketplace enables distributed solar-plus-batteries, standalone energy storage, smart EV chargers, …

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Sunrise brief: Battery anode AD/CVD case moves forward, threatening to double U.S. battery costs

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Sunrise brief: Where does solar stand in Trump’s ‘all the above’ energy policy?

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Wholesale electricity prices lower and more stable in 2024

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Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S. January 16, 2025 Data from the Energy Information Administration (EIA) show that wholesale electricity prices were lower and more stable in 2024 than in …

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Global cleantech investment expected to surpass fossil fuels for the first time in 2025

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Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights. January 13, 2025 The tide continues to turn in favor of emissions-free sources of power, said a report from S&P Global Commodity Insights.  S&P said investment in renewable power generation, green hydrogen, and carbon capture and …

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U.S. electricity rates rise about 5% annually – outpacing inflation

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While electricity generation costs have gone down thanks to technology like solar and wind, transmission and distribution costs have driven bills higher, said a report from Lawrence Berkeley National laboratory. January 7, 2025 The price of nearly everything has increased in the last couple of years as the world grapples with the reverberations of a …

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‘High electricity prices in California have nothing to do with renewables’

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Stanford University professor Mark Z. Jacobson spoke to pv magazine about recent research work showing that California could easily rely on a wind-water-solar-dominated large grid. He says the state’s current electricity prices are high because of several reasons that have nothing to do with renewables. January 3, 2025 From pv magazine Global New research from Stanford …

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