Below are the key takeaways from the week in grid edge, solar and other energy news.
But first, some news from everyone here at GTM. Nine years ago, our company was founded to be the leading information services provider for the global energy transformation. On Wednesday, we proudly announced that we will be joining Verisk Analytics, Inc. and Wood Mackenzie to usher in a new phase of growth for GTM. (story)
Grid Edge News
Part 2
The second part of Elon Musk's so-called Master Plan for Tesla was released this week. Julia Pyper spotlights the new set of goals contained within it, as well as the technologies, applications and business models that will help Tesla achieve them. (story)
5 U.S. States
The number of states not named New York or California where commercial energy storage is currently a viable investment. (story)
$4.3 Billion
The amount that NextEra Energy offered to purchase Hawaiian Electric Industries. Late last week, the Hawaii PUC rejected the bid almost two years after the initial proposal. (story)
$18 Billion
The estimated value of Texas utility Oncor. Last week we learned that Berkshire Hathaway has submitted a bid to purchase the utility. (story)
21 Utilities
The number of U.S. utilities that filed general rate cases in Q2 2016. EQ Research published its quarterly rate-case update this week for Squared members. (story)
150 Homes
The number of homes within PG&E's service territory that will test the utility's new DERMS, solar and energy storage platform. PG&E is working with GE, Enphase and SolarCity to oversee the pilot. (story)
70 Million Megawatt-Hours
The total electric consumption of data centers in the U.S. in 2014. Google announced it is rolling out artificial intelligence developed by its subsidiary DeepMind to improve power-usage efficiency at its data centers. (story)
U.S. Patent No. 8,437,883
Dominion Voltage Inc.'s patent for tapping certain smart meters as “dynamic bellwether sensors” to help utilities more accurately control how they maintain grid voltage. A jury recently upheld the company's patent rights to the technology in a lawsuit. (story)
244 Megawatts
Forecasted annual storage installations in Australia by 2020, according to GTM Research. This week, engineering consultancy Aurecon published findings indicating that the financial impact of adding batteries to residential PV is negative. (story)
95%
The percentage of millennials who said they would switch energy providers if their utility couldn’t provide a seamless customer experience. Katherine Tweed diagnoses the millennial challenge facing power utilities today. (story)
Solar News
1 Gigawatt
New solar capacity for low-income residents that the White House is targeting by 2020. The Obama administration is proposing a series of actions to achieve the goal, including additional guidance on property-assessed clean energy (PACE) financing for single-family homes. (story)
$25 Million
The amount of a "rescue financing" loan taken out by Enphase Energy in order to regain footing as the company competes to re-establish itself in the global inverter market. (story)
100 Gigawatts
The Indian government's national solar target by 2022. Bentham Paulos went to India to find out if solar will help -- or get bogged down in -- the country's chaotic power grid. (story)
RD 900/2015
The royal decree in Spain known as the "tax on the sun," which imposes onerous charges on residential solar self-consumption and battery storage. Last month, the political party that proposed RD 900/2015 gained power in the Spanish parliament, dampening hopes of reinvigorating the country's market. (story)
Other Energy
100 Days
Eric Wesoff scrutinizes Trump's public statements on energy, his relationship with the grandfather of fracking Harold Hamm, and the Republican party platform to envision what the first 100 days of a Trump presidency could mean for the U.S. energy sector. (story)
$4 Billion
The amount by which the Kemper Power carbon capture sequestration project in Mississippi is over budget. The Energy Gang looks at how cost overruns and accusations of subterfuge at Kemper may affect the already beleaguered clean coal industry. (story)
30 Megawatts
The capacity of the first offshore wind farm in the U.S., which is currently under construction near Block Island. This week, guest contributor Tom Konrad looks at the ways savvy investors can take advantage of the nascent offshore market. (story)
5 Gigawatts
The nuclear capacity managed by Dominion Resources in the U.S. Last week, Dominion sent two company-wide emails warning staff that players of the augmented reality game Pokemon Go may wander onto the grounds of nuclear power plants in order to catch Pokemon. (story)
