Sightline Climate (CTVC)’s Post

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🌞 Happy Monday, everyone! As the heat wave continues, we’ve got some hot-off-the-press news in the energy sector. In our latest newsletter, we dive into the next frontier for energy rate structures. First came FiTs, then RECs, then PPAs, and now – the Clean Transition Tariff (CTT). With the AI race is in full swing, the rally for clean, firm power has begun. Google’s CTT model, proposed as part of its partnership with the utility NV Energy (NVE), aims to bring geothermal developer Fervo Energy’s 115 MW of enhanced geothermal power onto the grid to power two of its Nevada data centers. It aims to pay the utility the extra costs to bring in these technologies without putting the burden on the everyday ratepayer. Learn about how it works, in the words of Google’s own Briana Kobor and Fervo Energy’s own Gabe Malek, here: https://lnkd.in/gm8yQ-tZ #Energy #EnergySector #ClimateTech #EnergyMarkets #AI #ArtificialIntelligence #DataCenters #CleanEnergy #CleanFirmPower #Geothermal #Google #FervoEnergy

🌎 Google’s new tariff for clean firm power #201

🌎 Google’s new tariff for clean firm power #201

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