Chattanooga Electrical Engineering News Blog
Topics Related to Electronics and Electrical Engineering
UtilityDive.com by Diana DiGangi:
Power companies are accelerating their planned power projects for connecting renewable energies to the grid to benefit from the swift dissolving ‘Inflation Reduction Act tax credits.’
Several power utilities, such as “Xcel Energy, WEC Energy Group, CMS Energy, and Ameren are planning to accelerate projects originally slated for 2030–31 into 2027–28.”
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.
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.”
FoxNews.com – Kurt Knutsson (CyberGuy Report)
Battery technology combined with innovative electric vehicle (EV) designs continue improving in efficiency, durability, reliability, and responsiveness. “Imagine pulling up to a charging station, plugging in your electric vehicle and driving off with a near-full battery in less time than it takes to grab a coffee.”
A new protype, “Nyobolt, a U.K.-based battery technology company, has recently unveiled a working prototype of an electric vehicle that can charge from 10% to 80% in just under five minutes. That’s not a typo, folks.
We’re talking about adding 120 miles of range in just a matter of a few minutes with Nyobolt’s lightning-fast charging. Nyobolt’s prototype is charging twice as fast as the speediest EVs currently on the market.”
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.”