Patrick Stanton

July 4, 2026. That's the deadline for solar projects to start construction if they want to qualify for 48E tax credits under current rules. SEIA reports 50 GW of projects are well-positioned to break ground before year-end. Another 40 GW should be ready in H1 2026. But "well-positioned" and "shovel-ready" are different things. Starting construction means more than having land and permits. It means having your site engineering locked down. Grading plans. Drainage design. Stormwater permits approved. Projects that planned conservatively are in good shape. Projects still sorting out site details are running out of runway. The difference between hitting July 4 and missing it could be worth millions in tax credits. What's your team seeing on project timelines heading into Q2? #SolarEnergy #TaxCredits #SolarConstruction #UtilityScale #Renewables #EnergyPolicy #SolarDevelopment

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NGIF Accelerator is proud to partner with the North American Gas Heat Pump Collaborative to advance the commercialization and adoption of gas heat pump technologies across North America. By leveraging our combined expertise and resources, we aim to drive innovation, accelerate market readiness, and support the transition to a more efficient and lower-emissions energy ecosystem. Read more here: https://lnkd.in/e7wbcK2B

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So PJM capacity prices hit the price cap again, which was a surprise to no one who has been observing the market. As we've written about extensively, the only solution to the cost problem while also getting new supply online is to channel revenues to new entry without providing revenues to the rest of the supply stack. A few notes: * To those talking about extending the price caps: you fundamentally cannot implement a price cap below the cost of new entry and then ask why new entry isn't coming into the market * To those listening to what the IPP and generation associations are saying: they have a clear incentive to keep capacity prices high, so you need to read their comments through that lens. * To those assessing the future revenue potential of generation assets in PJM: you need to be aware that it is politically untenable for prices to rise to the cost of new entry and stay there. * To those blaming datacenters: load growth was coming and this was going to happen no matter what...datacenters just accelerated the underlying reality. Even with sufficient new supply to meet demand, capacity prices STILL have to rise to the level needed to support the new supply. SUMMARIZING: high capacity prices are both necessary to incentivize new generation and unavoidable in an era of load growth. And it is politically unpalatable to allow prices to stay high, but economically impossible for them to stay low. The only solution is to provide direct financial support to new entry outside of the capacity market. https://lnkd.in/gXKXe4Ck

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In only three years, Sunrun has helped California’s statewide distributed power plant program reach the capacity of a large natural gas plant—and it’s on track to double by 2028. A new analysis released today by The Brattle Group finds that this growth in home battery adoption and energy dispatching could save Californians up to $206 million while making the grid stronger and more reliable. More stability. Lower costs. A win for all Californians. See the full report: bit.ly/3UBqrxP

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