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Interchange Recharged

How can we ease stress on the grid?

Interchange Recharged

Wood Mackenzie

Innovation, Tech News, Climate Change, Energy, Technology, Fossil Fuels, Wind Energy, Solar Energy, Business, Cleantech, News, Renewable Energy, Alternative Energy, 908174, Environment

4.8535 Ratings

🗓️ 5 November 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Strategic solar for a stronger grid

The solar industry is at a turning point, shifting from niche investments to a cornerstone of America’s clean energy future. With renewable energy investment soaring and energy needs intensifying, solar's role has never been more crucial.

Sylvia Martinez, Principal Analyst at Wood Mackenzie, and David Banmiller sit down with Gregg Felton, CEO of Altus Power, to explore how commercial and community solar are driving the U.S. toward its decarbonisation goals. Gregg shares his journey from investment management to leading a renewable energy powerhouse, detailing how solar has evolved into a viable asset class due to falling costs and rising electricity prices.

The pair discuss Altus Power’s strategy of building solar arrays near consumption hubs to ease grid stress and meet rising energy demand. Gregg emphasises the role of state support, partnerships, and incentives in driving growth, as well as the need for stakeholder education for broader solar adoption.

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Transcript

Click on a timestamp to play from that location

0:00.0

The ITER Change Tree Chart Podcast is brought to you by ANSA, a revolutionary platform empowering

0:05.4

solar and energy storage equipment buyers and developers with advanced data and technology.

0:10.8

With ANSA's new solar software subscriptions, you can assess your product options 90% faster.

0:16.7

Access the most current pricing, technical, trade risk, domestic content, and counterparty data

0:22.0

for over 110 solar module options and redirect your time to higher value work.

0:27.7

Gain the tools to increase confidence in your procurement and development decisions

0:31.2

and improve your project profit with ANSA.

0:33.4

Learn more at go.ansarrenuables.com forward slash woodmack.

0:43.4

The Inflation Reduction Act has increased interest and investment in renewable energy,

0:48.2

particularly solar at an exponential rate.

0:50.9

But how is solar faring, really, and how will the technology grow in the coming years?

0:55.0

Welcome to the Interchange.

0:57.0

Hi everyone, welcome to the Interchange. I am Sylvia Liva-Martinez, principal analyst I

1:05.0

with McKenzie, and I will be hosting the show over the next few episodes with David. It's a pleasure to be here with you today.

1:15.8

Wood McKenzie's Solar Energy and Storage Summit is back in Denver on the 29th and 30th of April, 26.

1:23.4

It's co-located with the brand new North American Power and Renewables Forum, which features

1:28.6

senior speakers from across the U.S. power sector.

1:32.1

Come and join over 450 senior leaders from U.S. power developers, utilities, and independent

1:38.5

power producers to tackle the industry's biggest challenges.

1:42.8

From navigating life after tax credits to capturing the

1:45.8

load growth boom, discover how the energy mix is evolving and how the U.S. is going to meet that

1:51.0

power demand. Seats are limited, so register now at woodmack.com. There is no doubt that solar

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