Keeton Ross

Going #electric at home may appear daunting and costly. However, with state and federal incentives, this shift becomes more feasible. DSIRE's (screenshot below) platform simplifies identifying available state incentives for renewable energy and efficiency initiatives. Companies like Rock Rabbit, EnergySage, Encentiv Energy, Opower, Rebate Bus, Sense, Enervee, Powerley, and others are demystifying these incentives, making them more accessible to homeowners. Learn more in Climate People's latest #1MinuteClimateSnippet: https://buff.ly/3KyG3Nz .

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I always enjoy reading Andre's Climate Substack from André Meurer. Today I learned a ton about Heat Pump Water Heaters (HPWH) and the HWH replacement process. TL;DR (But seriously you should read it, it's funny and packed with great advice) ➡️Efficiency: Heat pump water heaters (HPWHs) are significantly more energy efficient than traditional gas or electric models, offering long-term cost savings and environmental benefits. ➡️Installation: Upgrading to a HPWH can be complex, requiring electrical work and careful consideration of sizing (first-hour rating). Choosing an experienced contractor is crucial. ➡️Cost: While initial costs are higher, HPWHs pay for themselves through reduced energy bills and potential rebates. ➡️Additional Benefits: HPWHs dehumidify and slightly cool the surrounding area, which can be beneficial in humid basements. ➡️Considerations: HPWHs might be slightly noisier than traditional models and may require larger tanks to match the hot water output of gas heaters. Sign up for Andre's Climate! https://lnkd.in/e2HzZizE

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Venture Capital recharges energy storage Companies working on alternatives to chemical batteries for energy storage received a funding boost in Q2. Overall VC dealmaking in the clean energy market during the first half of 2024 was roughly in line with the same period last year. But the alternative energy storage segment surged in Q2 2024—notching over $582 million across 16 deals, according to PitchBook latest Emerging Tech Research. In Q2 2024, the grid infrastructure segment raised $2.6 billion—the highest VC funding, representing 60.1% of clean energy funding for the quarter. This was followed by intermittent renewable energy sources at $1.2 billion, clean fuels at $705.7 million, and finally dispatchable energy sources at $305.1 million. Of the individual categories, battery energy storage overtook solar photovoltaic technologies as the largest category of the quarter, with $2.3 billion in VC deal value, compared with $1.1 billion for solar photovoltaics. Alternative energy storage tech from the nonbattery storage category was the third-largest category in Q2 2024, putting all three categories in the grid infrastructure segment in the top five categories by total raised this quarter. Greater demand for renewable energy, including intermittent sources like solar and wind power, has increased the need for energy storage. The report highlights companies like Highview Power that are generating innovative solutions. #venturecapital #cleantech #cleanenergy https://lnkd.in/d6JavF-G

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87 page The Cleantech Revolution deck by RMI! The orthodox view of slow change is wrong. The energy system is being transformed by the exponential forces of renewables, electrification, and efficiency. New clean technologies beat old fossil commodities because clean technologies' costs fall over time on learning curves, they are universal, and they grow quickly. https://lnkd.in/eci78JWe Remarkable Ventures Climate

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Congrats to our portfolio companies — Heirloom, Charm Industrial, Vycarb, and Vaulted Deep who all made the DOE's short list of Phase 1 semifinalists! Funded by the Bipartisan Infrastructure Law, the Carbon Dioxide Removal Purchase Pilot Prize allows companies to compete for the opportunity to deliver carbon dioxide removal credits directly to DOE. This is such an important initiative to ensure carbon credits are of a high quality, and will ultimately help restore trust in carbon markets. https://lnkd.in/drEkPd4p

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Long-Term Energy Storage is Getting Crowded. What does it mean for scaleups? With lithium-ion batteries locking down short-term storage, investors are now flooding the long-duration energy storage market, raising $582.4 million in Q2 2024 alone, according to PitchBook Inc. Key players are pitching everything from thermal energy to compressed gas. Highview Power and Rondo Energy are leading the charge, but here’s the catch: as grids absorb more renewables, the actual need for long-duration storage may not be as big as we thought. if you’re scaling up in this space, get ready for tough questions. Why won't your tech be outcompeted by the next shiny thing? How would you justify your total addressable market? 🤔 Bottom line: The market is shrinking, but the cash is flowing. I’ll be over here, popping on my popcorn. 🍿 Follow me for more cleantech insights, and subscribe for the latest on scaleups! #Cleantech #EnergyStorage #VentureCapital #ScaleUp #PitchBook #Renewables #Startups #LongDurationStorage #Innovation

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This week's newsletter contains two contrasting examples of how renewable energy should and shouldn't work: In the Cyprus example the renewable solution is a no-brainer that leads to mass adoption. However, in the Texas example, renewables solve a problem, but the ability to deliver is being hindered by vested political interests. Plus ca change. http://bit.ly/3MVtUn3

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