Alan Cordova

@[email protected]
40 Followers
56 Following
193 Posts
PronounsHe / him / his
Hashtags#energymastodon, #energytwitter
LocationSan Francisco, CA
Account typePersonal (views my own)
Alan CordovaOct 23, 2024
"As the competition for available land intensifies, the number of suitable land parcels for #renewableenergy projects is rapidly shrinking, and developers who delay risk being left with fewer, less desirable options." https://bit.ly/ilnysites
Paces

Alan CordovaOct 15, 2024
"US #utilities are bracing for demand to outstrip supply during the next few years, with data centers accounting for the bulk of the increase. Supply, both in generation and transmission, will take years to catch up under all but the most conservative scenarios. By 2028, utilities would need to increase annual energy generation by between 7% and 26% above the 2023 total to meet projected demand. That’s far beyond the largest five-year generation boost of about 5% that US utilities achieved from 2005 through 2023." https://www.bain.com/insights/utilities-must-reinvent-themselves-to-harness-the-ai-driven-data-center-boom/ #datacenters
Utilities Must Reinvent Themselves to Harness the AI-Driven Data Center Boom

Balancing growth, reliability, affordability, and sustainability is the sector’s biggest challenge in decades.

Bain
Alan CordovaOct 15, 2024
#Astronomy nerds - go outside and see a comet!
Alan CordovaSep 7, 2024
Average battery revenues in @ercot_iso declined from $88/kW-yr in 1H2023 to $70/kW-yr in 1H2024, but there was a huge range of outcomes, with the best (luckiest?) performer earning $130/kW-yr https://modoenergy.com/research/ercot-battery-energy-storage-revenues-h1-january-june-2024-owners-ancillary-services-arbitrage-bess-index-jupiter-power-key-capture @modoenergy
ERCOT: H1 2024 battery energy storage revenue round-up - Research | Modo Energy

In the first half of 2024, battery energy storage systems in ERCOT earned average revenues of around $35/kW. This was 20% lower than the first half of 2023.

Alan CordovaSep 5, 2024
“The U.S. colocation #datacenter market has doubled in size in just four years. Yet vacancy is at a new record low of 3% amid unsatiable demand. Occupancy has increased at a 30% CAGR since 2020.” https://www.us.jll.com/en/trends-and-insights/research/na-data-center-report @jll
U.S. Data Center Report - Midyear 2024

Opportunities and challenges for the data center sector

Alan CordovaAug 27, 2024
“Wind and solar [represented] nearly 91% of net new power capacity additions in 2023 – up from 83% the year before – while fossil fuels including coal and gas represented just 6% of net new build – the lowest level ever.” https://about.bnef.com/blog/clean-electricity-breaks-new-records-renewables-on-track-for-another-strong-year-bloombergnef/?utm_source=linkedin&utm_content=blog_clean-electricity&utm_medium=LI_BNEF&utm_term=14491465281&utm_campaign=835924&tactic=835924&linkId=566870933
Clean Electricity Breaks New Records; Renewables on Track for Another Strong Year: BloombergNEF | BloombergNEF

More than 40% of the world’s electricity came from zero-carbon sources for the first time in 2023; 14% from wind and solar Almost 91% of global net power

BloombergNEF
Alan CordovaAug 27, 2024
“#Energystorage installations [are] rising 61% [by capacity] this year. Prices for turnkey energy storage systems are down 43% from a year ago, and that’s leading to a big increase in deployments.” https://bit.ly/3XkZOzd
EV Slowdown Countered by Energy Storage Boom | BloombergNEF

Battery manufacturers are having hard times this year. LG Energy Solutions and Samsung SDI recently posted falling quarterly revenues and profits, while Panasonic’s battery division missed its targets. Even the world’s largest battery maker, CATL, reported its first drop in quarterly profit earlier this year.

BloombergNEF
Alan CordovaAug 16, 2024
#Investment in 1H 2024 in #cleanenergy was greater than all of 2021 https://www.canarymedia.com/articles/clean-energy/chart-us-clean-energy-investment-is-soaring-thanks-to-climate-law?utm_campaign=canary&utm_medium=email&_hsenc=p2ANqtz-8S9pNytRE4F5VFFfagHbW-0hDRZbN736tlpG2mj4d1XxWKcCMmdUjRRp43S0JlK8qchi15wEIQpgObPXkJLlBsmofR3A&_hsmi=320350583&utm_source=newsletter #InflationReductionAct
Chart: US clean energy investment is soaring thanks to climate law

Private and public investment in clean energy rose to a total of $147B in the first half of this year — a record-setting figure.

Canary Media
Alan CordovaJun 4, 2024
It’s Lazard #LCOE day! https://bit.ly/45bxEc9 This year’s edition shows the persistence of cost pressure on #renewableenergy and #energystorage, supporting the thesis that growth will be driven by large, well-capitalized developers / owners.
Alan CordovaNov 24, 2023
“Tripling #renewableenergy capacity, to about 11 terawatts, is an important component of putting the world back on track to reach #netzero emissions by 2050.” https://bit.ly/47iVD9L