Battery shortage is affecting U.S. energy, drive to replace fossil fuels with other sources

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By Paul Homewood

h/t Dave Ward

What a surprise!!

U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.

At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply.

One previously unreported dispute over a delayed California storage project has even wound up in court.

Storing power is considered vital to the expansion of solar and wind energy because it allows electricity generated when the sun is shining or wind is blowing to be used at the end of the day when consumers need it most.

The delays span states including California, Hawaii and Georgia, with battery providers including Tesla and Fluence warning of disruptions to supply, according to a review of regulatory documents, corporate statements and interviews with project developers and power providers.

The delays, some of which have not been previously reported, range from several months to a year, according to the Reuters reporting.

“I have not seen a nascent industry challenged on so many fronts,” said Jamal Burki, president of IHI Terrasun Solutions, the U.S. energy storage arm of Japanese heavy equipment maker IHI Corp.

https://www.foxbusiness.com/energy/battery-shortage-affecting-u-s-energy-fossil-fuels

via NOT A LOT OF PEOPLE KNOW THAT

JUNE 12, 2022

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