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On China’s fossil fuel controls, Maine data centers, and a faster NRC
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On China’s fossil fuel controls, Maine data centers, and a faster NRC
Plus three big announcements from the annual hullabaloo.
Climate tech investors talk investing in moonshots at SF Climate Week.
On offshore mining, New Jersey’s offshore wind, and China’s oil breakthrough
Co-founder Mateo Jaramillo described how the startup’s iron-air battery could help address the data center boom — and the energy transition
The companies are offering Texas ratepayers a three-year fixed-price contract that comes with participation in a virtual power plant.
Customers get a whole lot of choice in Texas’ deregulated electricity market — which provider to go with, fixed-rate or variable-rate plan, and contract length are all variables to consider. If a customer wants a home battery as well, that’s yet another exercise in complexity, involving coordination with the utility, installers, and contractors.
On Wednesday, residential battery manufacturer and virtual power plant provider Lunar Energy and U.K.-based retail electricity provider Octopus Energy announced a partnership to simplify all this. They plan to offer Texas electricity ratepayers a single package: a three-year fixed-rate contract, a 30-kilowatt-hour battery, and automatic participation in a statewide network of distributed energy resources, better known as a virtual power plant, or VPP.
This structure is novel for the way it packages the electricity rate, the physical battery, and the VPP into one single offering. It’s also the first time that Octopus, the U.K.’s largest retail electricity provider, is deploying standalone home batteries for customers in the U.S. without rooftop solar.
“As the price of batteries has come down and the data center dynamics really take shape, I think we’ve gained conviction that Texas — and frankly the rest of the U.S. — is ripe for deploying batteries at scale in households,” Nick Chaset, CEO of Octopus Energy’s U.S. arm, told me.
Octopus already offers a range of retail electricity plans in Texas’ market, which encourages competition among electricity providers by allowing consumers in most parts of the state to choose their provider. That structure made the state a natural first market for the rollout of this new model.
Participating customers will be able to lease a Lunar battery for $45 a month with no upfront cost and the option to purchase the system at the end of the 10-year battery lease. The program is open to ratepayers regardless of whether they have rooftop solar or are existing Octopus Energy customers.
Lunar will provide the battery hardware and — at least initially — the VPP software used to coordinate this statewide network of home batteries. That could evolve though, as Chaset told me that as the partnership grows, “there’s going to be a really good conversation about what is the right software platform.” Octopus’ platform and subsidiary, Kraken Technologies, manages what the company says is the “the world’s largest virtual power plant of residential assets.”
Lunar will orchestrate the batteries’ charging schedules so that they draw power when electricity prices are low and discharge back to the grid during periods of peak demand, effectively operating as a cheaper, cleaner alternative to a fossil fuel peaker plant. According to Octopus, customers will see the benefit of those energy arbitrage savings through the fixed price of their three-year contract. Households will also gain resiliency benefits — in the event of a power outage, their battery can keep the lights on and critical appliances running for as long as a day or so.
One of the biggest draws, Chaset told me, may just be the plan’s three-year term. In Texas, he said, it’s common for households to sign up for six- to 12-month fixed-rate electricity plans, which exposes them to significant price swings in between renewals. “This is as much as anything about stability,” he told me. “Oftentimes what we hear from Texans is yes, they want to save money. But what they don’t want is to feel like every six months they’re having to go shop again. They want to just know, this is my plan, I’m getting a fair rate.”
This model could thus gain traction simply by appealing to customers’ desire to reduce decision fatigue, while hopefully, at a much larger scale, demonstrating the outsize impact home batteries can have on the grid. “We believe that is going to be changing how [distributed energy resources] are viewed in a big way, Kunal Girotra, founder and CEO of Lunar Energy and former head of Tesla Energy, told me.
Girotra framed the Octopus partnership as “a blueprint that we hope we can replicate across other markets.” In practice, that would involve the two companies working with utilities in regulated territories to offer this subscription-style home battery to their customers. Octopus can’t serve as the electricity provider in regulated markets, meaning the company would have to add value in other ways. “Because we have so many different regulatory constructs, there’s going to be a lot of different flavors of this,” Chaset told me. Octopus did not specify the role it would play in a regulated market, other than to say, “We’re excited to explore how we can partner with utilities to deploy distributed battery systems.”
Unsurprisingly, the two companies are excited to bring their new retail electricity model to data center developers, as they aim to demonstrate “a world where you can see win-wins for the consumer and for this sector of the economy that we have to build,” Chaset told me. The idea is that data centers would help drive the deployment and adoption of distributed energy resources in communities where they plan to operate, which would effectively expand local grid capacity and potentially accelerate grid interconnection timelines — a binding constraint for hyperscalers in the AI race.
“If you are building a data center in Amarillo, Texas, and you want to make sure that the community around you benefits, come to us. We will deploy 25,000 batteries, put one in every single home in that county or in that community,“ Chaset told me. Reaching literally every household is wishful thinking, of course, as participation is voluntary and these programs remain unfamiliar to most consumers. Still, the broader message he’s trying to convey is clear: “Utilities, communities, we’re here to help.”
On Trump’s renewables embargo, Project Vault, and perovskite solar
Current conditions: Illinois far outpaces every other state for tornadoes so far this year, clocking 80, with Mississippi in a distant second with 43 • Western North Carolina’s Blue Ridge Mountains face high wildfire risk during the day and frost at night • A magnitude 7.4 earthquake off the coast of Honshu, Japan, has raised the risk of a tsunami.
The nonprofit that sets the standards against which tens of thousands of companies worldwide measure their greenhouse gas emissions is secretive and ideologically tilted toward industry. That’s the conclusion of a new whistleblower report on which Heatmap’s Emily Pontecorvo got her hands yesterday. The problems at the Greenhouse Gas Protocol “are systemic,” and the nonprofit “seems to be moving further away from its commitment to accountability,” the report said. Danny Cullenward, the economist and lawyer focused on scientific integrity in climate science at the University of Pennsylvania’s Kleinman Center for Energy Policy who authored the report, sits on the Protocol’s Independent Standards Board. Due to a restrictive non-disclosure agreement preventing him from talking about what he has witnessed, he instead relied on publicly available information to illustrate the report. “Not only does the nonprofit community not have a voice on the board,” Cullenward wrote, but the absence of those voices “risks politicizing the work of scientist Board members.” Emily added: “While the Protocol’s official decision-making hierarchy deems scientific integrity as its top priority, in practice, scientists are left to defend the science to the business community.” The report follows a years-long process meant to bolster the group’s scientific credibility. “Critics have long faulted the Protocol for allowing companies to look far better on paper than they do to the atmosphere,” Emily explains. But creating standards that are both scientifically robust and feasible to implement is no easy feat.
The Trump administration’s efforts to paralyze wind and solar permits are once again withering in the cold light of the court room. On Tuesday, U.S. District Judge Denise Casper ordered the end to a series of delays on renewable energy permits, delivering a victory to regional trade groups that had argued the administration was violating the Administrative Procedures Act by holding up approvals. Per Heatmap’s Jael Holzman, the ruling “is a potentially fatal blow” to “key methods the Trump administration has used to stymie federal renewable energy permitting.”
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In the race to build North America’s first small modular reactor, GE Vernova Hitachi Nuclear Energy is in the lead. Work is already underway on the world’s first deployment of the American-Japanese joint venture’s 300-megawatt boiling water reactor, the BWRX-300. The project at Ontario Power Generation’s Darlington plant is 38% done, and it’s on track to produce electricity by 2030, said Roger Martella, GE Vernova’s head of government affairs and policy. The remark, which Heatmap’s Matthew Zeitlin highlighted on X, came one day before the energy giant reports its latest earnings.
Meanwhile, one of Barack Obama’s early moves as president was to halt construction of the Yucca Mountain nuclear waste repository, effectively blocking any plan by the federal government to deal with radioactive spent fuel. Since then, no state has stepped up as an alternative; either way, federal law stipulates that the site in Nevada must be the United States’ first permanent tomb for nuclear waste. But what if nuclear waste wasn’t treated as waste at all? That was the Trump administration’s new pitch earlier this year when it invited states to submit applications to host so-called nuclear innovation campuses, sites where reactors, fuel enrichers, and waste recyclers can all set up shop. It’s a good sell. At least 28 states have so submitted applications, according to Exchange Monitor.
Project Vault, the effort the Trump administration set up to create a critical minerals reserve for U.S. manufacturers to weather Chinese trade restrictions on key metals, will soon close its first funding tranche. The program, announced in February, will combine $2 billion in private funding with a $10 billion loan from the Export-Import Bank of the U.S. The project “was not designed to be a stockpile alone,” John Jovanovic, the head of the Ex-Im Bank, told Reuters. “What it was designed to do was actually solve problems that the market faces … What we want to do is let it be dynamic and let it help try to solve a bunch of these problems.”

“Perovskites hold a place of honor in the pantheon of much-heralded clean energy breakthroughs that have yet to actually arrive, alongside small modular nuclear reactors and solid-state batteries,” Canary Media reporter Julian Spector wrote yesterday. “In theory, these crystal structures could radically improve solar panels’ capabilities by absorbing wavelengths of light that conventional silicon cells can’t catch. But the stunning advances in R&D specimens have yet to infiltrate the cold, hard world of commercial solar manufacturing.” Until now, at least. On Tuesday, the startup Tandem PV officially opened its new factory in Fremont, California. The company aims to produce large panels of glass treated with a photovoltaic perovskite crystal coating that can increase how efficiently panels convert the sun’s rays into electricity by nearly 40%.
“We’re going to emphasize quality and speed over cost,” Tandem PV CEO Scott Wharton told Matthew last year. “If we do this right, then the theory is, we’ve become the next First Solar — that’s our intention. We want to take back solar leadership from China, which is a bold statement, but I think we’re on the journey.”
Over the next three nights, an eye-popping 723 million birds are expected to be migrating across the U.S. In Michigan alone, at least 5.3 million birds are likely to fly overhead. “Most of these birds will be in flight while we sleep. They are guided by stars, the magnetic field, and sounds,” a meteorology account called Michigan Storm Chasers wrote on X. “You can help these birds migrate by turning off any unnecessary outdoor lighting, especially between the hours of 11 p.m. and 6 a.m.!”