Two years on from the IRA and the impact on solar and storage is clear
Interchange Recharged
Wood Mackenzie
4.8 • 535 Ratings
🗓️ 13 June 2024
⏱️ 65 minutes
🧾️ Download transcript
Summary
Insight and analysis from Day 1 of the Solar & Energy Storage Summit 2024
The 2024 Solar and Energy Storage Summit from Wood Mackenzie kicked off in San Francisco this week. We were there to capture all the debate and discussion on the future of the solar energy sector. If you couldn’t be there in person, we’ve got you covered. We are joined by a roster of expert analysts and industry leaders to explore the key topics. It’s a packed show, with conversation around the technology, policy and financing of the solar industry.
There’s over a terawatt of solar, and gigawatts of storage in interconnection queues around the US. If all of that was built today, we’d have all the solar and storage we need to decarbonise the grid. How are these bottlenecks being eased? Why are projects taking years to complete? Becca Jones-Albertus, from US Department of Energy, joins us first on the show to discuss it, and analyse the latest advanced solar tech.
Plus, what impact has the IRA had on the industry? Cassidy DeLine is CEO of Linea Energy, and she argues that there are three clear wins from the historic bill. David gets a new perspective on financing for projects from Kelsey Clair, Director at NY Green Bank, and a look at storage technology and government policy with Mike Graveley from the California Energy Commission.
Finally, it wouldn’t be an energy podcast in 2024 without a look at the integration of AI. Kendra Williamson is Senior Principal at Key Capture Energy, and she talks with us about the nuances of storage optimisation.
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Transcript
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| 0:00.0 | Wood McKenzie's Solar Energy and Storage Summit is back in Denver on the 29th and 30th of April, |
| 0:06.2 | 2026. It's co-located with the brand new North American Power and Renewables Forum, |
| 0:11.9 | which features senior speakers from across the U.S. power sector. Come and join over 450 senior |
| 0:18.2 | leaders from U.S. power developers, utilities, and independent power producers |
| 0:23.3 | to tackle the industry's biggest challenges. From navigating life after tax credits to capturing |
| 0:29.7 | the load growth boom, discover how the energy mix is evolving and how the U.S. is going to meet |
| 0:34.9 | that power demand. Seats are limited, so register now at woodmack.com. |
| 0:40.3 | The IRA has undoubtedly been a net positive for the clean energy sector, |
| 0:44.0 | and there's been an explosion in new project announcements since the passing of the act. |
| 0:48.2 | Questions still remain, however, over how many of these will actually be financed and built. |
| 0:52.8 | This is the interchange recharged, and we're |
| 0:54.8 | at the Solar and Energy Storage Summit in San Francisco to answer just that. I'm David Bammiller. |
| 1:00.0 | It's been a pretty good time for solar and storage, record deployment, plenty of money |
| 1:06.8 | flowing into the sector, and new technology driving better and better efficiencies. |
| 1:15.4 | The solar industry remains as it has been for the 20-some years I've been in the industry incredibly dynamic. It's a more exciting time than ever. |
| 1:19.9 | On today's very special episode, recorded live at Woodmax Cess 2024, we'll look at |
| 1:25.5 | four key questions that are still to be answered, as solar and storage |
| 1:29.2 | continue to strengthen their position as key players in the energy transition. |
| 1:33.4 | Before we meet our first guest, as is tradition with SES, let's go ahead and kick off with a few |
| 1:38.9 | words from Chris Seiple, who is vice chairman, energy transition and power and renewables at Wood |
| 1:43.7 | McKenzie. |
| 1:55.7 | What a remarkable year it's been since we were here together last year. In 2003 there were roughly 40 gigawatts of solar wind and storage additions to the grid, which |
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