Chattanooga Electrical Engineering News Blog
Topics Related to Electronics and Electrical Engineering
Copper prices for all imported copper into the U.S. are expected to rise as much as 50% or more due to the threat of new tariffs that are expected to begin as early as August 2025.
The electric power and electronics industries will be impacted the most with paying nearly double for copper related materials needed for new construction, new assembly, power grid improvements, maintenance replacements, and necessary repairs.
Recent changes in U.S. policy and approved “legislation are slashing federal support for both wind and solar renewable projects.” As the tax credits and clean energy incentive benefits for constructing new green power plants are hastily eliminated, how much will the wind and solar markets decline?
This change in American policy “is likely to throw fresh uncertainty over renewable energy investments, especially as the sector struggles to keep pace with surging electricity demands across the U.S.”
The threat of trade tariffs by the Trump administration are causing disarray, madness and confusion with the Power Energy markets, and particularly the battery energy storage sector. With no major signs of improvements in inflationary pressures, will new tariffs aid or harm the somewhat “booming energy storage industry?”
How will new imposed tariffs affect the nations battery storage performance and valuation based on cost fluctuations for batteries, energy storage demand (variations for new orders), goods for raw materials (delays in supply chain), and so on?
NBCNews.com – Energy, Spencer Kimball (CNBC)
“Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday.
NextEra added 3,000 megawatts of renewable and storage projects to its order backlog in the second quarter. Of those, 860 megawatts — or 28% — come from agreements with Google to power the tech company’s data centers.”
EnergyCentral.com (Daily Energy Insider)
“Entergy Texas said it had updated its application for the U.S. Department of Energy’s (DOE’s) Grid Resilience and Innovation Partnerships program to secure funding for an infrastructure and electrical grid hardening project. Energy applied for $107.5 million in federal grants to improve the resiliency of Port Arthur, Texas’ power grid.
If approved, the funds would help the company improve the resiliency of the power grid in Port Arthur, which have historically been affected by extreme weather events.”
KnoxTNToday.com – Anne Brock (Our Town Outdoors)
“How is solar transforming utility and business decisions in the Tennessee Valley? What policies and trends will affect life here over future decades when it comes to clean energy choices? Industry leaders plan on gathering this fall to tackle the challenges and opportunities at the 2024 Tennessee Valley Solar + Storage Conference.
This conference will be located at the Westin Huntsville in Alabama, in the heart of Tennessee Valley Authority territory. It is organized and hosted by the Tennessee Solar Energy Industries Association (November 20 – 21).”