"As a result, the market for this “synthetic” version of community solar is open nationally, and not constrained by individual state or utility policy choices."
Is this a predatory and deep pocketed VPP monopoly on the rise or simply disruptive services needed where they are needed most? IoT distribution thought exercise?
Let me preface by saying as an owner of an energy company and developer of innovative renewable generation facilities, I love the open generation/transmission/distribution concept! But wait just a minute? This deal reminds me of the infamous movie line from Fletch, when the protagonist exclaims "......it's all ball bearings these days" when pressed about fixing an aircraft without any knowledge of how to do so. Is this a case of "google, Arcadia and EDPRNADG says so, so it shall be?"
Between the Inland Empire in Southern California to MLK Blvd in downtown Baltimore, MD is roughly 2,521 miles. So you're saying google can take their already profitable stranded solar assets and can now partner with other technology providers to forge a "synthetic" kWh cost savings at the residence? Does that mean community solar is paving the way for all clean energy generation technologies nationally to compete in the same manner? Does it also mean renewable energy generators with one or more distributed energy resource deployed assets are "no longer constrained" by individual state or utility policy choices to provide competitive kWh discounts to energy consumers regionally and or across the nation?
Which then begs the question of how much is the true generation cost per kWh and how much $$ (if at all) are the existing energy infrastructure stakeholders raking in the form of wheeling fees (tolls): utility companies SCE in this example, the State regulatory agencies, CPUC/CEC in this example, the State Energy Resources or Conservation & Development Commission (CNRA), CAISO, The Western Interconnection, The Eastern Interconnection, (assuming we bypass The Texas Interconnection) and back down the public sector transmission and distribution network in Maryland to reach Jane Doe on MLK Blvd adjacent to Camden Yards? I'm curious as to how it is fair for local fans of NFL football to watch the Ravens smash the Steelers on Monday night for a sliver of the price it will cost John Doe on MLK Blvd somewhere in the vicinity of Three Rivers Stadium in Pittsburgh to watch their team get smashed if BG&E and Dusquense Light Co don't have the same deal inked with the aforementioned new elephant in the room?
Is the answer fast tracking utility interconnection or innovative book and claim accounting? Either way, it's good news and I say bring it on!
#avoid1.5
Solar wins on economics, but still struggles with politics. Unfortunately, in the US, you can't just build solar without the right local market structures.
But with this new groundbreaking product between Google, EDPR NA Distributed Generation, Elevate, and Arcadia, we can build solar anywhere, and deliver the savings to customer everywhere. All while helping corporates reach their net zero goals.
This new solar innovation is what makes the Arcadia platform so exciting. We spent a decade building complex utility data and payment integrations to enable new, clean infrastructure. This partnership does not rely on any utility-administered programs for valuing solar energy or distributing credits or savings. As a result, the market for this “synthetic” version of community solar is open nationally, and not constrained by individual state or utility policy choices.
Congrats to Joel Gamoran, Gustavo Gomes Monteiro, Adam Woda, Sana Ouji and everyone who worked on this on moving the market. More MWs to come! 💪🏾
https://lnkd.in/d_EnzB3q
Arcadia joins EDPR NA Distributed Generation and Google partnership to implement bill reductions for 25,000 low-income households & deploy pre-weatherization funds with nonprofit Elevate
arcadia.com