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Here’s how much you should worry about the coming solar storm.

You have probably heard by now that there’s a big solar storm on its way toward us. (If not, sign up for Heatmap AM, our daily roundup of climate and energy news.) On Wednesday, the sun started ejecting massive columns of geomagnetic activity out into space in Earth’s direction. That geomagnetism is due to arrive around 11p.m. ET on Friday, triggering huge fluctuations in the Earth’s geomagnetic field.
Those fluctuations can actually generate their own electric current. And too much of that current can wreak havoc on the electrical grid.
The last time we got a heads up like this about a geomagnetic surge of this magnitude was in 2005, when coal generation was close to its peak in the U.S. and renewables were providing less than half the energy they do now. So how does that changing energy mix affect the risk to the grid this time around?
Not too much, said representatives from the National Oceanic and Atmospheric Organization on Friday morning. The other thing that’s happened since 2005 is that we've started paying a lot more attention to space weather — which, despite its name, bears little resemblance to Earth weather — which means grid operators are a lot better prepared to deal with it.
“We’ve been working with the power distribution community over the past decade to help them better understand space weather,” Rob Steenburgh, a space scientist with NOAA, said in a press briefing. “And their engineers have taken that information and used it to build systems that can protect the power lines more rapidly than they could before. So we’ve seen improvements in technology on the grid that get triggered by these events, and then work to protect the different assets.”
Grid operators can also respond in lower tech ways, such as by deferring maintenance or taking systems offline. And to be clear, if there are any grid effects, those will happen just to long-distance transmission lines. Transformers and any wires connecting to your house should be totally fine.
Will the solar storm affect solar panels? According to NOAA, any panels here on Earth should be totally fine since they’re protected by the planet’s atmosphere. Solar panels in space, e.g. those powering satellites, are at more risk depending on the height of their orbit, particularly if they’re outside the reach of the Earth’s magnet field.
The magnetic field will also determine how bad the storm gets here. Earth’s magnetic field points northward. (That’s why compasses work.) If the the solar storm’s magnetic field is oriented in the same direction, its effects will be dampened. “Think of a magnet,” said Shawn Dahl, another of NOAA’s space weather forecasters. “If you take two negative magnets and you try to put them together, they don’t connect, right? Same thing here.” That magnetic orientation can change in the course of a single storm, however, and if suddenly those two poles start drawing together, the effects can intensify.
As of now, NOAA has classified the situation as a severe geomagnetic storm — G4, on a scale that goes up to G5 — of which several have hit Earth since 2005, including one in late March. Those were weaker than the one barreling toward us at the moment, however, although we won’t know how severe this one will be until it passes satellites stationed about a million miles out in space — that is, at most 45 minutes before it hits.
So, is NOAA concerned? “Yeah, we’re a little concerned,” Dahl said, adding that in addition to coordinating with utilities and other operators of critical infrastructure, NOAA is also briefing the Federal Emergency Management Agency. GPS and other satellite-dependent technologies could experience disruptions. Will those be debilitating to society? Probably not.
There’s also one big upside: “The biggest manifestation of space weather is the aurora,” Steenburgh said, a.k.a. the Northern Lights, which could be visible as far south as Alabama. Even if you can’t see anything with the naked eye, it’s worth pointing your cell phone at the sky and snapping a pic, said Brent Gordon, another NOAA space scientist.
“Cell phones are much better than our eyes and capturing light,” Gordon explained. “Just just go out your back door and take a picture with a newer cellphone and you'd be amazed at what is what you see in that picture versus what you see with your eyes.”
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The Federal Reserve raised the federal funds rate by a quarter point, the central bank announced Wednesday afternoon, its first rate change since Chairman Kevin Warsh took his seat in May and its first rate hike in over three years.
The federal funds rate will now sit between 3.75% and 4%. According to projections by regional Federal Reserve presidents and members of the Board of Governors, the central bank expects to hike rates one more time this year.
In its now characteristically brief statements, the Federal Open Market Committee said that the hike “will support a timelier return to the Committee's 2 percent goal” for inflation. Inflation is currently running at 3.4% and has been above the Fed’s 2% target since 2021.
The FOMC’s (brief) statement explaining the hike pointed to “resilient” domestic spending and “robust” capital investment. It characterized the economy as “expanding at a solid pace,” albeit with “elevated” uncertainty due to “geopolitical developments.”
This combination of factors — high oil prices due to the partial shutdown of the Strait of Hormuz and high investment in data centers — have helped push up yields on Treasury bonds, which helped maneuver the Federal Reserve into its rate hike. These rising Treasury yields have made raising capital more difficult for sectors besides artificial intelligence, very much including the capital-intensive renewable and clean energy industries.
Warsh attributed higher Treasury yields to “economic strength, competition for capital, and geopolitics,” in his press conference following the rate announcement. The yield on the 10-year treasury bond, often used as a benchmark for the cost of money throughout the economy, rose to over 5% on the news, the highest level since 2007.
The August Electricity Price Hub data is in.
It’s another hot and expensive summer.
Across the country, average household electricity bills are up 2.7% in the first eight months of the year, according to the latest update to Heatmap and MIT’s Electricity Price Hub, tacking on $4 per month to the typical bill. This level of rise is consistent with the pace set in 2024 and 2025, but faster than 2021 and 2023.
As we’ve discussed before, some of the fastest growth in prices comes either in the Atlantic Seaboard — with Washington, D.C., Virginia, and New Jersey all having year over year growth rates of at least 7.5% — thanks largely to increased demand and capacity payments in the PJM Interconnection marketplace. Another standout so far this year is Hawaii, which is uniquely dependent on imported oil to power its grid and has seen its 12-month trailing average prices rise by over 8% so far this year.
California, which is well known for seeing especially sharp price increases in recent years largely due to wildfire-related costs, has seen somewhat restrained bill growth so far this year across the state, with the 12-month-rolling average bill rising just 3% in the past 12 months and prices going up 4%. (That price level is still quite high, however, at almost 32 cents per kilowatt-hour, compared to a national average of around 19.)
Rates charged by Southern California Edison, one of the state’s big three investor-owned utilities, are up almost 15% in the past year, averaged across its baseline regions. The MIT researchers attribute this increase to two major factors: one, a decrease in the California Climate Credit, which is paid out to electricity customers from the state’s emissions cap-and-invest program. This year, the credit for Southern California Edison ratepayers is $72, applied to bills in July and August in tranches of $36. Last year, by contrast, Southern California Edison handed out $112 in two tranches, April and October.
The second factor in Southern California Edison’s inflated bills is an increase in the fixed charge portion of the bills ratepayers receive. Following changes in California state law designed to distribute the cost of the grid more equitably, SCE revamped its rate structure at the end of last year to include a “Base Services Charge” of $24 per month for customers not enrolled in any special rate program. At the same time, SCE instituted a roughly 10% decrease in its per-kilowatt-hour electricity rate in order to protect lower-income ratepayers (who would pay a fixed charge substantially lower than the baseline $24). PG&E moved to a similar system earlier this year.
When it introduced the new rates in November of last year, SCE said that “medium energy users” would likely see little change in their bills. Price Hub data suggests, however, that the typical household has seen a bill increase from the new service charge of 13%, even before accounting for the smaller climate credit.
Voltpost announced two new models today designed to mount on walls and ceilings.
Voltpost, the company putting electric vehicle chargers on lampposts, is now expanding to parking garages.
On Wednesday, the company unveiled two new configurations that can attach to the walls and ceilings of parking garages, lots, and other locations without easy access to streetlights or utility poles. Like Voltpost’s signature pole-mounted design, the ceiling- and wall-mounted options avoid the expensive construction work required by freestanding charging infrastructure. In theory at least, that should allow the company to deploy more chargers faster.
“Our mission has always been to decarbonize mobility by democratizing charging access,” Jeff Prosserman, Voltpost’s co-founder and CEO, told me. “And the real value proposition is that, when you can leverage the existing infrastructure, you can significantly reduce the cost, the timeline, and the physical footprint of chargers.”
The second Trump administration hasn’t made things easy. Almost immediately after taking office, Trump officials began slashing Biden-era programs designed to support the EV charging buildout, including the National Electric Vehicle Infrastructure and Charging and Fueling Infrastructure programs. Along with a handful of environmental groups, 17 states sued in May of last year to force the federal government to release NEVI funding and quickly received a preliminary injunction unfreezing the program. A similar group sued in December over the CFI funding, and though that case is still pending, Prosserman told me he expects to see a positive resolution before the end of the year.
Though the death of the EV tax credit has shrunk its addressable market, Voltpost has emerged relatively unscathed. “Honestly, that doesn’t really impact us at all,” Prosserman told Heatmap’s Katie Brigham last year. “At the end of the day, EV adoption will either increase X or Y percent in a given year, but it’s going to continue to increase year over year. We’re past the tipping point, going from early adopters into the mainstream.”
That said, he also told Katie that the company was taking a “more conservative approach” to growth as climate tech investment dried up. Voltpost itself also received several federal grants that are still in limbo. Instead, the company focused on its strategic partnerships with the likes of AT&T and Zipcar, and in July signed an agreement with InCharge Energy to handle installation and maintenance. To date, Voltpost’s funders include RWE Energy Transition Investments, a private equity vehicle within German energy giant RWE, alongside Twynam Funds Management, Exelon Foundation, Good News Ventures, and Climate Capital.
Like its lamppost chargers, Voltpost’s wall- and ceiling-mount kits work with Tesla and non-Tesla vehicles alike, and come with demand management software that responds to electricity time-of-use price signals to enable cheaper charging where and when possible. As for the cost of the kits and how many the company plans to install initially, Prosserman wouldn’t say.
Since deploying its first lamppost chargers in New York in 2024, Voltpost has expanded into California, Massachusetts, and Washington, D.C., among other states. It has more than 100 deployments in the pipeline through the end of this year, and is aiming for 10,000 by 2030. The point, Prosserman told me, is not to stand out in these communities, but rather to fit in.
“It’s not going to be just about greenfield project development if we’re going to decarbonize a planet across all aspects,” Prosserman said. “We’re really looking at building something that’s integrated, that fits in the fabric of the built environment and communities.”