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We discuss the rapid rise of skills-based hiring in wind energy, with 81% of employers now prioritizing competency over degrees. Delaware strikes a major $128 million offshore wind agreement. We tackle the idea of “clean” natural gas. And mounting cybersecurity concerns arise as Chinese manufacturers gain control of critical supply chains.

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Allen Hall: Skills based hiring shakes up wind energy recruitment, while Delaware strikes a 128 million offshore wind deal. Plus, what’s really behind those clean, natural gas claims? This is the Uptime Wind Energy Podcast.

You’re listening to the Uptime Wind Energy Podcast, brought to you by BuildTurbines. com. Learn, train, and be a part of the clean energy revolution.

Visit BuildTurbines. com today. Now, here’s your hosts. Alan Hall, Joel Saxom, Phil Totaro, and Rosemary Barnes. Hey,

Allen Hall: Uptime family. We’ve got something awesome brewing just for you. Want to help make your favorite wind energy podcast even better? Well, here’s your chance. And yes, there’s something special in it for you.

We’ve created a quick five minute survey to learn what gets you excited about our show and what topics you’d love us to dive into. The best part, everyone who completes a survey and drops their email Will be entered to win one of our coveted Uptime Podcast mugs and they’re so coveted I don’t have one.

It’ll go along with your morning coffee while catching up on the latest wind energy news And your input means everything to us whether you’ve been with us since day one or just discovered us last week We want to hear your thoughts and our Wind energy O& M Australia event is on in a big way. We’re all gonna be down there February 11th and 12th Bill, you want to give us the latest and greatest on sponsors and on the events at the conference?

Phil Totaro: Yeah, so we just had two, uh, very big name companies, uh, sign up to sponsor corporate roundtables. One is GE Vernova, and the other one is Winergy. And at this event, we’re going to have topics covering lightning protection and damage, leading into erosion, Condition monitoring technology, uh, noise and nuisance, uh, drive chain refurbishment, insurance, you name it.

We’ve got it covered. Uh, so please register today if you haven’t already.

Allen Hall: And you can do that at windaustralia. com. So register now.

Unlock your wind farm’s best performance at Wind Energy O& M Australia. February 11th to 12th in sunny Melbourne. Join industry leaders as they share practical solutions for maintenance, OEM relations and asset management.

Discover strategies to cut costs, keep your assets running smoothly and drive long term success in today’s competitive market. Register today and explore sponsorships at www. windaustralia. com.

Allen Hall: Well, the U. S. Department of Labor published a Skills First Hiring Starter Kit last fall, and this has touched off a broader discussion about worker qualifications. And in 2024, 81 percent of employers Uh, practice skills based hiring up from 73 percent in 2023 and just 56 percent in 2022, according to some research.

So it’s up by 30%, almost 30 percent right now since 2022. Now, an analysis by Indeed, which is a job site, found the number of job postings requiring at least a four year degree fell to 17. 8 percent in January of 2024 compared to about 20 percent in 2019. So the number of employers who are requiring degrees to even apply for a job has dropped and there are more employers looking for skills.

Rather than diplomas, which is an interesting trend. And Joel was mentioning before we started today that Elon Musk put out a Twitter post or I guess it’s an ex post now. about this particular topic.

Joel Saxum: Yeah. Today he’s, he put a post out. It says, if you’re a hardcore software engineer and want to build the everything app, please join us by sending your best work to code at X.

com. That’s not the important part. The important part here is what he states is we don’t care where you went to school or even whether you went to a school or what big name company you worked at. Just show us your code. And to me, I think that’s amazing because I guess there’s, it’s a pendulum swing. My whole life as a young person in the United States, it was, you got to get a good job.

You got to get a degree. You got to get a degree. You got to get a degree. And then you see that being beat into the culture. And then the cost of these degrees just going crazy over here, right now. I mean, an average four year degree, you’re paying 80, 100, a hundred thousand dollars plus just to get over or more, right?

Yeah. Alan’s, Alan’s giving me the thumbs up way more. So, so, you know, if, if I, if I I’m in Texas right here in Austin, if I want to go to UT Austin. It’s going to cost me like 40 to 45, 000 a year for your degree. That’s 180, 000 degree that like, that’s so, uh, like it’s so much of a hurdle to employment and to growing, uh, growing employment as a society and in good jobs, and I think that like, from my standpoint, I’ve always.

Try to lean on this. If you’re a hard worker, if you’ve got some skills, I don’t care where you’ve worked in the past, I don’t care what school you went to, or even if you went to one, if you can do the job, let’s do the damn job. And that’s my take on it.

Rosemary Barnes: Uh, so one thing that I think has changed recently is that in the past, like the reason why you would say you want X degree is because you want someone that has the knowledge that you would learn in that degree.

Um, but these days there’s like nothing that you can’t learn well on the internet, just as well as in a degree. It’s kind of insane the way that now that we have the internet available, it’s insane to keep on doing it in the same way. So I think now, yeah, like we can still have the same requirement that we used to have in terms of knowledge.

But it doesn’t need to be so gatekept by the universities. But that said, I do think that there’s some kinds of engineering, like a lot of what people call engineering, I don’t think needs a degree, you know, um, and especially the things that need engineering sign off. Like it’s really rare that you actually need to use your engineering judgment for something like that.

It’s much more often, you need to just check what’s being done, check what the design standard says, and make sure that it fits within that. I don’t think you need a degree for that. Where I think you need engineers is where something comes outside of the design standard so that an engineer can make sure that, you know, everything has been considered that should have and, um, you know, do the analyses that are required and just, you know, use their professional experience and education to make sure that, You’re not inadvertently doing something unsafe.

Joel Saxum: I think when, when engineering, when you talk engineering this way, the gap for me would be when liability rolls into place. So if you’re designing a bridge, I would like someone to sign off on that, that can demonstrate, demonstrate from. whatever training and these things that they’ve, they’ve achieved a certain level of being an engineer to, and in the States, that would be a structural engineer with a SCE stamp.

And that makes sense to me.

Rosemary Barnes: The higher the stakes, the less that you should be needing someone that has any sort of judgment applied to it. You know, it should be a really rigorous standard that was definitely developed by engineers. Um, make sure that that standard, you know, covers everything that it needs to.

And then the person signing off should just be saying that it, It has done what the standard says it should do. I don’t think that there is, or should be, a lot of individual judgment in place about, will this bridge fall down? Will this aeroplane fall out of the sky? Will this, uh, I don’t know, um, petrol station explode?

You know, like that shouldn’t be somebody’s like individual call on whether a valve is big enough or a bolt is replaced frequently enough. There shouldn’t be any judgment calls there. It should just be kind of, you know, do it as, um, as the design standard says. And that design standard is really rigorous and performed by engineers.

Phil Totaro: Let’s put it this way. As we’re talking about engineering, you know, I think skills based hiring is potentially more applicable than it would be, say, in like the medical field, for example. Like, I don’t want somebody who’s just watched a bunch of YouTube videos on surgery to perform brain surgery on me.

So, you know, there’s, I think there’s a difference. Uh, maybe we can, you know, there’s a bit more margin you can get away with. Uh, doing this sort of thing for engineering as, as society evolves and all that. But, uh, yeah, I, I don’t know if it’s applicable everywhere.

Rosemary Barnes: I think that sometimes like in Australia, I’ve never heard that term skills based hiring and until today, but I have noticed, you know, early in my career, people cared that I had my accredited engineering degree and was eligible to be a member of Engineers Australia.

I don’t know. It’s been decade, decades, more than one decade, probably since anybody cared about that for me. So I think it gets less important as you progress in your career. But one weird place where I have noticed that people really want an engineering degree is, uh, my project management roles for, um, construction of new wind farms, new solar farms and stuff.

And that strikes me as a place where you don’t need an engineering degree at all. That, that should be pretty easy. like work experience, you know, um, build, building up to it. I know heaps of people that would be excellent at that sort of role, um, that aren’t engineers. And there’s, you do need to understand, you know, what the regulations are technically and make sure that, you know, things are happening correctly.

So it’s not like it’s a non technical role, but it’s not one of those kind of creative engineering roles where you have to, you know, be. I don’t know, coming up with a lot of solutions on your, on your own. Um, so I think that that’s unnecessarily restricting something to, we don’t have that many engineers in Australia.

I think that, you know, there’s a lot of people that could do that role that don’t have an engineering degree.

Joel Saxum: And I think that that’s the basis of this report that came out from the department of labor in the U S here is you’re trying to, they’re trying to make the labor market less restrictive. Cause if you’re just going to put a thing in there and it says, you’ve got to have a degree for this.

You’ve got to have a degree for that. You got to, some of them don’t even make sense. Like I. Anecdotally, here’s one from the state of Wisconsin. You can be a substitute teacher in the state of Wisconsin, but only if you have a degree, a four year degree, but that four year degree does not have to be in teaching.

The four year degree can be in whatever you want. It can be from Rose Hulman University as an engineer. And, but you need that degree to go and sit in the math class for a day to make sure the students don’t revolt. That’s a weird one to me.

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Allen Hall: Delaware has signed a major agreement with U.

S. Wind worth 128 million dollars, marking a key development in offshore wind infrastructure along the east coast. The deal enables installation of transmission cables through Delaware waters and the state park land to connect two Maryland offshore wind projects to the grid. Now, there’s a couple of interesting pieces to this agreement.

$200 million is gonna be allocated for electrical grid upgrades within Delaware, and that’s gonna be focused on improving reliability and capacity. $12 million is for the cable right of way, which is pretty typical. Uh, $76 million, uh, of renewable ener energy credits are gonna be transferred to the state.

Which, um, Phil will know a lot about that. And then there’s 40 million going to the community for coastal dredging projects, clean energy workforce training, scholarship initiatives, and state park improvement. So the thing that raises my awareness of these kind of transactions, having seen something similar happen up in New Jersey, is that every time there’s an offshore wind project off the coast of one of these East Coast states.

They seem to extract hundreds of millions of dollars from the developers for state projects that may or may not have anything to do with the electrical grid. But raise the price of offshore wind, it has to raise the prices.

Phil Totaro: Absolutely. Um, you know, everything’s got to be accounted for in, in the budget and, and anytime you start stuffing these, you know, political pork projects into, you know, some kind of budget allocation, it’s necessarily going You know, end up being paid for by the project developer, but then ultimately it gets passed on to us as rate payers, because how do you think the developer makes money?

They want to be able to sell the power to somebody, and that means they also have to increase the power purchase contract price that they ask. Um, what’s interesting about this is, okay, so this is a deal in Delaware. New York actually also just announced that they’re going to do another allocation round, but only for the power generation because they have, um, you know, all the electrical infrastructure already being built and paid for by the preexisting projects.

So they’ve got a, you know, spare capacity in the substations to be able to do the power offtake. So the industry is cheering and everybody’s assuming that it’s going to lower the prices for this, you know, sixth round in, in the state of New York. Um, Um, except when everybody still comes to the realization that we haven’t done anything about inflation in a meaningful way.

Interest rates have come down a tad. I’m sure that, especially in a state like New York, they’re always going to find ways to start plumping up the price of things.

Allen Hall: What was the Orsted agreement with New Jersey for a while? Was it 400 million, 500 million? 300. 300 million? Okay. And that was the federal money that was going to come to Orstead for developing the project, right?

And then the state of New Jersey wanted to take that as a lump sum,

Phil Totaro: or take all of it. And, and that’s, that’s exactly, you know, a good, a good example where, you know, it was, the whole, Reason that there was this federal allocation of funds to the project developer was said that it could offset some of the capex cost to the developer.

And when the states see that somebody is, you know, getting 300 million dollars to go. do something to the benefit and of their state. They all start getting dollar signs in their eyes and saying, well, why aren’t we getting some of that federal money? Uh, and they devise clever ways and say, Oh, well, we’re not going to sign the power purchase agreement with you, or, uh, allow you to go build or hook into this substation over here, unless you give us some of that money.

Uh, that, that’s basically what this amounts to.

Allen Hall: but isn’t in The interest of the state to put offshore wind in it. Like Delaware is not the easiest place to get to for power generation. Right. And it’s, it’s a, it’s a little tiny state. It’s like 2000 square miles. Uh, there’s not a lot of power plants on it.

They’ve closed down some of them. That’s how they get in the power on shore from us. Wind is a going right where an old coal generation factory was because the grid infrastructure, so it’s going to plug into it there. So the whole situation for Delaware is weird in that it’s relatively simple to hook up the wind turbines to the existing grid in Delaware.

But now U. S. Wind is basically paying, what, 100, 000 per square mile to upgrade the electrical grid in Delaware? That seems like a lot of money to me.

Joel Saxum: I think Phil was spot on when he said political pork projects, right? Because to me, these are all, it’s all like earmarks. When you listen, when you watch a bill go through in D.

C. or at the state level, wherever, the bill may be about, you know, How many chicken wings we can eat this week, whatever it is. And, and, and then there’s an, there’s things earmarked. And you want the chicken wing bill passed? Well, you’re also going to give me 10 million bucks for this racetrack over here.

And then I’m also going to get this, this thing passed in the same, the same breath. If you want that, you’re going to get this. And what it ends up doing is, is it’s shooting these. These people, these states, they’re gonna, they shot themselves in the foot multiple times. We saw it in New Jersey, right? Like, Dorstad took the right down, backed off, and said, like, we’re not doing this anymore.

And we’ve seen this play out, this, this, I guess this, this concept is in my head right now, this pendulum swinging, right? Like, you’ve seen I’ve seen energy projects or watched the history of energy projects around the world where local geographies, local governments got taken advantage of, and they got resources pulled from them.

That happens. And then the pendulum swings the other way, and they put so many regulations and so much stuff in there like this. Like, this, if you add these up, they signed a 128 million dollar bill. Agreement. Great. But then there’s going to be a 200 million electrical grid, 12 million for cable right away, 76 here, 40 here.

You’re stacking this thing up to a 300 plus million extra tab just to develop a wind farm. You’re going to shoot yourself in the foot because the pendulum is that then the pendulum is swung too far the other way and you’re using up, uh, monies that Could be used for other things that in, in, in the development process.

Phil Totaro: And let’s go back to Alan’s question, which is why would they not want to build offshore wind? I mean, the answer is, well, guess what? If you like creating jobs, particularly jobs in the new economy, if you like tax revenue, if you like providing clean electricity, et cetera, I mean, these are, these are things that You do want to get reelected.

I’m talking to the politicians now. You know, you do want to get reelected. This is the way to do it is to ensure that you’re creating opportunity within the state. Um, you know, they’re, they’re taking advantage of opportunity by getting the cash, but then it’s not necessarily going to the benefit of everybody in the state because where do you think that cash came from in the first place?

It’s all the tax revenue from all of us. Collectively, in the first place, whether it’s the federal government or the state government tax coffers that it comes out of, so we’re the ones paying for it. And yet we don’t actually have, you know, a say in how, you know, like Joel’s talking about these, these horse trades and deals that end up happening when somebody is trying to pass a bill.

We have no say in how. That haggling happens. We elect somebody and we expect that they’re going to do a job for us, but I don’t necessarily always agree with the job that’s being done by the politicians that have been elected. I may not have even voted for them, and yet they’re deciding my fate.

Joel Saxum: I think it, Phil, if we could do, let’s look at a model that has worked in the past that didn’t require a bunch of this stuff.

If you know anything about the state of Alaska and the permanent fund dividend, right? The oil and gas companies are pulling oil and gas. Very, they’ve been doing it since the seventies. They’ve been pulling a lot of value in oil and gas out of the, out of the ground up there. So what they do is they have to do a, use a portion of those proceeds to fund a fund that goes back to the state.

Okay. So that is a, that is an, uh, an after development cost. So you build that into your operating model. Instead of saying upfront, you got to pay us 300 million to do this. How about we work together? And maybe we get a couple cents for every kilowatt hour produced or something off of these offshore wind farms, like the state of Louisiana is doing.

That’s where these things should go, in my opinion.

Phil Totaro: And not for nothing, but Louisiana is also making these reinvestments into, you know, developing things around coastal erosion and, and protecting the, the natural resources that they’ve got there, which I think is actually important and necessary for them to be able to do.

But that’s a decision that they made. And, and structured it in a way where it’s not impacting the CapEx cost of developing the project in the first place. And that’s the key thing here.

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PES Wind offers a diverse range of in depth articles and expert insights that dive into the most pressing issues facing our energy future. Whether you’re an industry veteran or new to wind, PES Wind has the high quality content you need. Don’t miss out. Visit PESWind. com today. Well Rosemary, I’m getting a little tired of hearing the term clean natural gas and that it is so much less expensive to use clean natural gas instead of renewable solar.

Wind, hydro, uh, that, uh, it makes no sense. We have to tear down all the wind turbines, all the solar panels should go away because clean natural gas is a better, uh, energy source. And I think that’s a very US perspective.

Rosemary Barnes: Can I just have two problems with that? Clean, natural gas. In that the only word that’s unproblematic is gas.

We can all agree that it’s a gas, but, um, clean. I mean, I don’t even know what they mean. Uh, natural, it’s a, it’s a fossil gas, like a natural, we don’t say natural coal, natural oil, um, you know, it’s fossil gas, it’s methane, right? Like that, that’s, that’s what it is. Uh, it’s incredibly good. Marketing that, I don’t know, the term, um, came about well before we cared about climate change.

So it wasn’t for that, but natural, natural gas makes it sound much nicer than what it is, which is fossil, fossil methane. How are they calling it clean? What’s their, what’s their definition or just that it’s cleaner than coal?

Allen Hall: They’ve dropped the er part from cleaner than coal. And it is cleaner than coal, and I will give them that.

Rosemary Barnes: I think even that’s debatable because, um, with methane, there’s losses, you know, like, because methane is like 84 times as strong a, um, a greenhouse gas than carbon dioxide is. It really matters small amounts getting leaked, and there’s always leakage, especially from, yeah, where it’s extracted, but. in the pipelines all along.

And I know that, you know, I’ve been following a little bit the research that’s been done on this area. And especially now that we can monitor with satellites, we find more and more and more leaks and the carbon or the, you know, greenhouse gas intensity of, um, fossil gas is increasing and increasing and increasing the more that we know.

And I have seen some studies try and say that in a lot of situations, it’s actually, um, overall worse for the climate than, than coal. That’s not the mainstream view and it’s not true on every. Every type of project, you know, some countries are better at extracting it cleanly, more cleanly than others, but, um, yeah, I don’t know.

How can they get away with that clean, clean natural gas? Come on.

Allen Hall: Well, the comparison of the cost of clean natural gas to other energy sources, particularly renewables, is very U. S. focused. They’ll say, well, in the U. S., uh, wind is a lot more expensive, particularly offshore wind is a lot more expensive than putting a gas, uh, electrification plant in.

True. For right now. True. But the rest of the world is not that way. Because the U. S. is full of natural gas. Pretty much Joel can walk around his backyard in Texas, drop in a pole, and get natural gas to come out of it. It’s not that hard. But if you look at the rest of the world, it’s much harder to find natural gas and the prices are widely variable.

So this is why the U. S. can make this claim. The U. S. right now is paying about 4 per million BTU. Alright, not bad. The U. K. right now is 14. per million BTU. And Germany is about 1350, right? So they’re three times more expensive, almost four times more expensive than the United States. That changes the whole economics of natural gas versus renewables.

So we are seeing renewable energy go in big time in France and in Germany, in the UK, and a lot of other places, but maybe not as much in the United States, uh, at the moment because natural gas is so low. So, Rosemary, do you see the same thing that this U. S. argument is being using globally?

Rosemary Barnes: Well, I mean, it’s an argument about, uh, cost that ignores the climate impact, right?

So, I think you first, we need to start with this only argument only works if we don’t care about the climate at all, which a lot of countries do. Um, Yeah, I mean, to a greater or lesser extent, and obviously it’s easier to care about the climate if the cost difference isn’t so great. Uh, I do think it’s a very, a very US thing, but, um, even, I mean, it’s relevant everywhere and I’ve heard the term called the, um, the spark gap, like how different the cost is between, you know, creating some sort of energy service by electricity versus with, um, natural gas.

So, you know, it might be comparing, um, A electric heat pump for heating your home versus a gas boiler. Um, what’s the cost difference for, you know, getting your house to the temperature that you want it. And, you know, some places in the world it’s cheaper to do it with electricity. In more places it’s cheaper to do it with gas.

I think that the US is like one end of a big continuum of the whole world dealing with that exact issue, but it’s definitely at, at the end, I think.

Allen Hall: But every country needs to think about it for themselves, right? The economics in the United States are totally different than the economics in Germany, the UK, France, India, South America, Brazil.

They’re just totally different, and I think we’re getting caught up, at least in the United States, that globally, wind is not an answer. Globally, solar is not an answer. Globally, hydro is not an answer. That the only answer is LNG. Which is just a complete distortion of what the reality is. For the time being, the natural gas is easy in the United States.

Rosemary Barnes: It’s also, in terms of energy security, like, you’ve got the gas there, so you’re fine. Europe wants to get off gas regardless of how much it costs. I mean, that’s, that makes it extra, an extra incentive that is expensive. But they don’t have it, so they have to import it. So they would prefer to have energy security by, you know, having their own wind farms.

Peace. Um, so I think that the US fails to see that as well, that there’s an energy security like for most countries, having your own renewables is, um, more better energy security than having to buy that, you know, your gas and your oil in from other countries.

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Well, a stark warning has been coming from Europe about wind energy’s supply chain growing dependence upon Chinese manufacturers and a Dutch government backed report report. Along with comments from former MI6 chief, Sir Richard Dearlove highlights concerns about cybersecurity risks and strategic vulnerabilities in the offshore wind sector.

Now the background on the Chinese manufacturers, I think it’s pretty well known to people in wind, but there’s six of the top 10 wind turbine manufacturers in the world are now based in China. And a lot of Chinese firms control the critical supply chain. Uh, it’s particularly for rare earth magnets, right?

And there is a significant risk and concern among Intel officials like MI6 and my guess is the CIA, Joel, and others that, uh, putting Chinese manufactured assets into your grid makes them vulnerable, uh, which I, I think has been proven out time and time again from other different sectors of manufacturer from.

As we learned, Wi Fi routers to cell phones and a variety of other things. It’s not inconsequential, but there does seem to be a big conflict coming among Europeans because there are developers that are really going after Chinese manufacturers, or at least talking to it. Is that going to stop now that the governments and the Intel officials are basically saying, don’t do it.

We’re just not going to even consider

Joel Saxum: it. I think that depends on how much control the grid operator has over these decisions, right? Like in the United States, you can, do your permitting, do everything, but at the end of the day, FERC has to sign off on your wind farm and they have the ultimate control from a federal level.

Um, so the operators may have some, some sway and some pull, but not at the end of the day, it’s not their choice whether this happens to them or not, or whether they get to install these, these turbines or not. But I think it, it’s a viable concern. In my opinion, if we’re looking on the world stage of who, Foreseeable future we may have a conflict with.

We don’t want the ability for someone that we’re in a conflict with to shut our energy supply down. Whether you’re in the UK and you’re Part of MI6 or were part of MI6. I guess you’re probably always a part of MI6 if you were a part of MI6. Does that make sense? Um, but you know, you don’t want the, a foreign operator or a foreign, you know, at that point in time, that could be an adversary to be able to have control over of what you’ve got going on.

Uh, power generation wise, because it’s, I mean, that’s, that’s a, it’s a matter of national security and that’s my take on it.

Phil Totaro: Well, and let’s, let’s also give some context to this because the developers in Europe were initially saying, Oh, we’re going to go talk to the Chinese to try and get commercial negotiating leverage against the Western OEMs saying, Hey, Hey, you guys are trying to pass on all these cost increases to us as project developers.

We don’t want to pay more, so we’re going to go talk to the Chinese and maybe we get some of their turbines. Now, fast forward five years, we just had a tender in France for offshore where even Western, you know, hardcore Western project development companies, and I’m talking like NG, EDF, they were all quoting their, their project proposals with, you know, 20 plus megawatt Chinese wind turbines.

The Chinese turbines have become more of an attractive option to developers that I believe are making bad decisions about whether or not they should be considering Chinese turbines in the first place. I don’t really think that’s They’re taking total cost of ownership into account. You know, the developer is the one making the decision on something that has profound impact to everybody that is downstream from a very early upstage, you know, development decision about what equipment to use.

And how is that going to be maintained? How much does it cost, et cetera, et cetera. And security almost doesn’t even come into the equation, uh, at all. For this week’s wind

Joel Saxum: farm of the week. We’re heading up to New York state, uh, by Allen there. Um, so the wind farm of the week is eight point wind. It’s a next era site in Steuben County, New York.

And we’re focusing on this one because it is a big one. Big wind farm, not in number of turbines, but in megawatts per turbine. Uh, this is one of the first tur, uh, wind farms in the United States to install the GE 5.5 megawatt 1 58, uh, meter rotor machine. Uh, cool thing about it is eight point wind.com that NextEra put together has a comprehensive safety plan.

a public involvement plan, and various fact sheets about partners, and what NextEra does, and how Steuben County is a leader in in the renewable energy space. So they’ve tried to, you know, be a little bit more forward and open with the residents around there about what’s going on with these big turbines being installed.

So this wind farm also has a 16 and a half mile transmission line that was put in. As a part of it to, uh, uh, connect to the grid managed by the New York ISO. Uh, and it’s also producing enough clean, renewable energy, uh, to power more than 46, 000 New York homes. Uh, it’s expected to, uh, provide more than 40 million in revenue to local governments to support schools, infrastructure, and vital services, such as fire departments, which is a hot topic these days.

Um, the payments to landowners are also estimated to be around 25 million over 30 year expected life of the project. So the Eight Point Wind Energy Center, uh, up in Steuben County, New York, you are the wind farm of the week.

Allen Hall: Well, that’s going to do it for this week’s Uptime Wind Energy podcast. Thanks for listening.

And please give us a five star rating on your podcast platform and subscribe in the show notes below to Uptime Tech News, our weekly sub stack, did I mention sub stack? Newsletter. And Uptime Wind Energy podcast.

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Marinus Link Approval, Ørsted Strategic Pivot

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Weather Guard Lightning Tech

Marinus Link Approval, Ørsted Strategic Pivot

Allen discusses Australia’s ‘Marinus Link’ power grid connection, a $990 million wind and battery project by Acciona, and the Bank of Ireland’s major green investment in East Anglia Three. Plus Ørsted’s strategic changes and Germany’s initiative to reduce dependency on Chinese permanent magnets.

Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on FacebookYouTubeTwitterLinkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes’ YouTube channel here. Have a question we can answer on the show? Email us!

Good day, this is your friend with a look at the winds of change sweeping across our world. From the waters around Australia to the boardrooms of Europe, the clean energy revolution is picking up speed. These aren’t just stories about wind turbines and power cables. They’re stories about nations and companies making billion dollar bets on a cleaner tomorrow.

There’s good news from Down Under today. Australia and Tasmania are officially connecting their power grids with a massive underwater cable project called the Marinus Link.

The project just got final approval from shareholders including the Commonwealth of Australia, the State of Tasmania, and the State of Victoria. Construction begins in twenty twenty six, with completion set for twenty thirty.

This isn’t just any cable. When finished, it will help deliver clean renewable energy from Tasmania to millions of homes on the mainland. The project promises to reduce electricity prices for consumers across the region.

Stephanie McGregor, the project’s chief executive, says this will change the course of a nation. She’s right. When you connect clean energy sources across vast distances, everyone wins.

The Marinus Link will cement Australia’s position as a leader in the global energy transition. But this is just the beginning of our story from the land Down Under.

Here’s a story about big money backing clean energy. Spanish renewable developer Acciona is moving forward with a nine hundred ninety million dollar wind and battery project in central Victoria, Australia.

The Tall Tree project will include fifty three wind turbines and a massive battery storage system. Construction starts in twenty twenty seven, with operations beginning in twenty twenty nine.

But here’s what makes this special. The project has been carefully designed to protect local wildlife. Acciona surveyed eighty two threatened plant species and fifty six animal species near the site. They’ve already reduced the project footprint by more than twenty four square kilometers to protect high value vegetation areas.

This massive investment will create construction jobs and long term maintenance positions in the region. It will also provide clean electricity to power hundreds of thousands of homes while reducing reliance on fossil fuels.

When companies invest nearly a billion dollars in clean energy, they’re betting on a cleaner future. And Australia isn’t the only place where that smart money is flowing.

The Bank of Ireland is making headlines today with its largest green investment ever. The bank has committed eighty million pounds to East Anglia Three, an offshore wind farm that will become the world’s second largest when it begins operating next year.

Located seventy miles off England’s east coast, East Anglia Three will generate enough clean electricity to power more than one point three million homes.

John Feeney, chief executive of the bank’s corporate division, calls this exactly the kind of transformative investment that drives innovation and accelerates the energy transition.

This follows the bank’s earlier ninety eight million pound commitment to Inch Cape wind farm off Scotland’s coast. The Bank of Ireland has set a target of thirty billion euros in sustainability related lending by twenty thirty. They’ve already reached fifteen billion in the first quarter of this year.

When major financial institutions back clean energy this aggressively, they’re signaling where the smart money is going. But what happens when even the biggest players need to adjust their sails?

Denmark’s Orsted is recalibrating its strategy amid changing market conditions. The company is considering raising up to five billion euros to strengthen its financial position while scaling back some expansion plans.

Orsted has reduced its twenty thirty installation targets from fifty gigawatts to between thirty five to thirty eight gigawatts. But don’t mistake this for retreat. The company is focusing on high margin, high quality projects while maintaining its leadership in offshore wind.

The company’s Revolution Wind project in Rhode Island and Sunrise Wind in New York remain on track for completion in twenty twenty six and twenty twenty seven. These projects will deliver clean electricity to millions of Americans.

CEO Rasmus Errboe is implementing aggressive cost cutting measures, including reducing fixed costs by one billion Danish kroner by twenty twenty six. The company plans to divest one hundred fifteen billion kroner worth of assets to free capital for core projects.

Sometimes the smartest strategy is knowing when to consolidate and focus on what you do best. For Orsted, that’s building the world’s most efficient offshore wind farms. And speaking of strategic thinking, Europe is planning ahead for energy independence.

Germany is leading a European push to reduce dependence on Chinese permanent magnets. The German wind industry has proposed that Europe source thirty percent of its permanent magnets from non Chinese suppliers by twenty thirty, rising to fifty percent by twenty thirty five.

Currently, more than ninety percent of these vital rare earth magnets come from China. The German Federal Ministry for Economic Affairs and Energy is backing this diversification effort, working with industry associations to identify alternative suppliers.

The roadmap calls for turbine manufacturers to establish contacts with new suppliers by mid twenty twenty five, with production facilities potentially operational by twenty twenty nine.

Karina Wurtz, Managing Director of the Offshore Wind Energy Foundation, calls this a strong signal toward a new industrial policy that addresses geopolitical risks.

This isn’t just about reducing dependence on one country. It’s about building resilient supply chains that ensure the continued growth of clean energy. When an industry plans this thoughtfully for its future, that future looks very bright indeed.

You see, the news stories this week tell us something important. From Australia’s underwater cables to Germany’s supply chain strategy, the world is building the infrastructure for a clean energy future. Billions of dollars are flowing toward wind power. Major banks are making their largest green investments ever. Even when companies face challenges, they’re doubling down on what works.

The wind energy industry isn’t just growing. It’s maturing. It’s getting smarter about where to invest and how to build sustainably. And that means the winds of change aren’t just blowing… they’re here to stay.

And now you know… the rest of the story.

https://weatherguardwind.com/marinus-link-orsted/

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Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request

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Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request

WASHINGTON, D.C., August 6, 2025 – The American Clean Power Association (ACP), American Council on Renewable Energy (ACORE), and Advanced Energy United, released the following statement after submitting a joint rehearing request to urge the Department of Energy (DOE) to reevaluate their recent protocol issued with the stated goal of identifying risk in grid reliability and security:

“As demand for energy surges, grid reliability must rely on sound modeling, reasonable forecasts, and unbiased analysis of all technologies. Instead, DOE’s protocol relies on inaccurate and inconsistent assumptions that undercut the credibility of certain technologies in favor of others.

“Americans deserve to have confidence that the government is taking advantage of ready-to-deploy and affordable resources to support communities across the country. Clean energy technologies are the fastest growing sources of American-made energy that are ready to keep prices down and meet demand.

“Providing a roadmap that offers a clear-eyed view of risk is critical to meeting soaring demand across the country. The Department of Energy report missed the opportunity to present all the viable types of energy needed to address reliability and keep energy affordable. We urge DOE to reevaluate and enable those charged with securing and future-proofing our grid to meet the moment with every available resource.” 

###

ABOUT ACORE

For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.

Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org

The post Joint Statement from ACP, ACORE, and AEU on DOE Grid Reliability and Security Protocol Rehearing Request appeared first on ACORE.

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5 Ways To Finance Your Solar Panels In Australia

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While it’s widely known that solar power can dramatically cut your long-term electricity costs, the initial investment in a home solar panel system can be a major barrier for Australians.  

A high-quality residential system, such as a 6.6kW setup, can easily exceed $6,000, and for most households, that’s not spare change. 

However, luckily, in Australia, there’s a smart way to bridge this financial gap. That’s by choosing solar financing options! 

Unlike traditional forms of debt, solar financing can actually pay for itself over time, making the installation process easy and affordable for all groups of people.  

Moreover, by structuring the system properly, a well-sized and efficient solar system can generate significant savings on your energy bill. But not all financing options are created equal.  

The difference between a solar system that boosts your savings and one that drains your wallet often comes down to the financing terms you choose. 

Therefore, at Cyanergy, we’re here to walk you through 5 of the most effective ways to finance your solar panels in Australia. This will help you take control of your energy future, without creating any financial stress.

How Much Does a Fully Installed Solar System Cost in Australia?

In Australia, the cost of a fully installed residential solar system in 2025 generally ranges between $3,500 and $10,000, depending on system size, component quality, and your geographical location. 

However, on average, the cost is $10,000, and people paid from $7,000 to $20,000 for their 10 kW systems 

So, what causes the price differentiation of solar panels? 

  1. The quality of panels and inverter brands, such as SunPower, Q Cells, or Fronius, may come at a higher cost.
  2. Installer rates and reputation matter for cost variation.
  3. Location is a factor, as urban areas often get more competitive quotes than regional or remote areas.
  4. The type of roof and its installation complexity may increase the cost.
  5. Optional battery storage adds $7,000–$15,000, depending on capacity. 

5 Common Methods For Solar Financing for Australians in 2025

Common Methods For Solar Financing

Solar panel financing helps homeowners get the benefits of solar without paying the full cost up front. Instead, you pay in installments through loans, leases, or other payment plans, making solar more affordable over time. 

Don’t worry! It’s not just another debt; it’s a smart way to take control of your energy bills because a well-financed solar system can save you more money than the amount you spend on the investment.  

So, when you want lower power bills and enjoy more energy independence, going solar makes sense.  

But as soon as you start looking into the numbers, it can feel overwhelming. A quality solar system isn’t cheap. And for many Aussie families, it’s a big financial decision.  

Then come all the financial terms, such as zero-interest, buy now, pay later (BNPL), green loans, and solar leasing, which also leave residents even more perplexed. 

Find them confusing, too?  

So, let’s break down 5 ways to finance your solar panels in Australia to help you make the smartest, stress-free decision for your home and your wallet. 

1. Cash Payment

Investing in a solar power system can be highly profitable if you are debt-free and have available cash. Solar systems offer tax-free returns that surpass the current interest rates offered by banks or the government.   

For those who consume a significant amount of electricity during the day, a 6.6kW system costs $6,500. Typically, it recoups its cost within approximately five years, resulting in a 12% annual return.   

Even if you are away during the day, the returns may not be as impressive, but still exceed bank interest rates.  

Cash option is the Best For: 

  • Homeowners with upfront capital. 
  • Those who are cash-rich and debt-free. 
  • Residents seeking maximum long-term savings. 

How It Works: 

Paying for your solar system outright is the simplest and often most cost-effective way to finance your panels. Here, you pay the full amount upfront, and from that point onward, all the energy savings go directly into your pocket. 

Pros of Cash Payment Method: 

  • No interest or monthly repayment hassles.
  • Full ownership from day one of panel installation.
  • Maximizes return on investment.
  • Eligible for federal and state incentives. 
     

Cons of Cash Payment Method: 

2. Green Loans and Solar Loans

Green loans are personal loans offered by financial institutions that prioritize environmental and community support. They come with low-interest rates and are ideal for financing solar panels, energy-efficient windows, heat pumps, and air conditioning.    

These loans have flexible repayment periods ranging from 1 to 7 years and typically involve minimal setup fees, low ongoing fees, and no early repayment penalties.  

These loans are suitable for: 

  • Homeowners who want ownership but prefer not to pay up front.
  • Borrowers with good credit history. 

How It Works: 

Many Australian banks and credit unions offer green loans specifically for energy-efficient home upgrades, including solar systems.  

For example, if you borrow $5,000 over five years at a 5% interest rate, your monthly repayments would be around $94. Your electricity bill may be reduced by $100 or more monthly, potentially offsetting the cost entirely. 

Pros of Green Loans & Solar Loans: 

  • Lower interest rates than personal loans.
  • Flexible repayment terms of typically 1–7 years. 
  • Allows you to own the system.
  • It can be used for batteries and other energy upgrades. 
     

Cons of Green Loans & Solar Loans: 

  • Requires a good credit rating.
  • Still involves debt and interest, even though the rate is relatively low. 

Green Loans and Solar Loans

3. Solar Leasing and Power Purchase Agreements (PPAs)

  • System of Solar Leasing in Australia 

Solar leasing is a payment plan where residential and commercial customers in Australia make monthly payments to a solar supplier for a solar PV system installed on their property.  

Under a solar leasing plan, the system is leased directly from the solar company, and the customer repays the system’s cost over a period of five to ten years. However, interest is charged during the repayment period.   

This results in a slightly higher overall cost compared to the upfront payment.  

  • How Does Power Purchase Agreement (PPA) Work?  

A power purchase agreement (PPA) is a financing option where a company owns and maintains a solar system installed on a homeowner’s property. The homeowner only purchases the energy generated by the system.  

PPAs are gaining popularity due to their low, upfront costs, with homeowners paying a predetermined rate based on the solar energy generated on their property.  

The rates are typically fixed for the duration of the agreement, which can range from 15 to 20 years. 

Works Best For: 

  • Households without upfront capital.
  • Those who want to avoid maintenance responsibility.
  • Renters or tenants. 

Pros of Solar Leasing and PPA: 

  • Little to no upfront cost. 
  • Lower energy bills from day one.
  • The provider covers all the maintenance and repairs. 
     

Cons of Solar Leasing and PPA: 

  • You don’t own the system.
  • Long-term contract commitments
  • Lower total savings compared to owning.  

4. Buy Now, Pay Later (BNPL) for Solar

BNPL options enable you to spread your solar panel payments over time without incurring interest, typically over 6 to 60 months.  

With some companies, you can get up to $30,000 for solar or battery storage systems, with repayment plans ranging from 6 months to 5 years. 

How BNPL Works? 

Here, the customer chooses a solar system. Then, the BNPL provider pays the solar company upfront. The customer then repays the BNPL provider in installments. 

However, ensure you understand the repayment terms thoroughly. Some BNPL offers can become costly if you miss payments or don’t clear the balance within the interest-free period. 

Perfect Options for: 

  • Budget-conscious homeowners.
  • People looking for short-term finance without interest. 

Pros of BNPL: 

  • Interest-free periods depending on conditions.
  • Quick approval and no deposit are required.

Cons of BNPL: 

  • Admin fees, late payment or other additional hidden fees may apply.
  • After the interest-free period, higher rates may kick in. 
  • Limited availability in some regions.  

5. Government Rebates, Incentives, and Feed-In Tariffs

The Australian Government offers a range of financial incentives that can significantly reduce the cost of going solar. These financing methods reduce your out-of-pocket expenses, making solar energy more affordable. 

Best For: 

  • All homeowners and small businesses 

Some of the Best Rebates and Incentives for Solar Energy in Australia 

  1. Small-scale Renewable Energy Scheme (SRES)

This federal scheme provides STCs (Small-scale Technology Certificates), which are essentially rebates applied at the point of sale. Most installers factor this into their quote. Depending on your location and system size, STCs can save you $2,000 to $4,000 upfront. 

  1. State-Based Rebates and Incentives

Several states offer additional rebates or loans to their residents. For example: 

  • New South Wales: Solar for Low Income Households trial and interest-free loans.
  1. Feed-In Tariffs (FiTs)

When your solar system produces more electricity than you use, the excess is fed back into the grid. Your electricity retailer pays you a feed-in tariff, typically 5- 15c per kWh. These ongoing savings can help you repay your loan or lease more quickly. 

Pros of Solar Rebates: 

  • Reduces the initial cost of installing a solar panel.
  • Long-term energy bill savings.
  • Incentives are available to most Australians.

Cons of rebates and incentives: 

  • Government policies and rates can change.
  • FiTs vary greatly by retailer and location. 

Differences Between Solar Financing Options

Solar Leasing VS Buying: Which is more beneficial for you? 

Well, both leasing and buying solar panels allow homeowners to benefit from utility savings and reduce their environmental impact. However, deciding between leasing and owning solar panels is a crucial consideration, and it depends on your specific situation. 

For instance, leasing solar panels provides a more accessible option for customers who may not have the necessary upfront funds to purchase them.  

The homeowner does not own the panels through leasing, as a third party owns them. That means the leasing company owns the equipment.  

On the other hand, purchasing solar panels requires an upfront investment. Additional credits or reimbursements may be available based on state or manufacturer incentives at the time of purchase.  

However, you can also seek free quotes from Cyanergy for accurate pricing information. 

Which Option is Right for You?

Choosing an appropriate financing method can save you thousands of dollars annually on your energy bills. The choice ultimately depends on your financial position, property ownership status, and long-term goals.  

So, here we’ve done a quick comparison of different types of financing options to make your selection process easier:

Financing Option Upfront Cost Ownership Monthly Repayments Long-Term Repayments Potential Risk Level
Cash Payment High Yes None Highest Low
Green/Solar Loan Low to Medium Yes Yes High Medium
Solar Lease & PPA Low No Yes Medium Medium
BNPL Low Yes Yes Medium to High Medium
Government Incentives & FiTs Not Required Yes No High Low

Wrap Up

Over the decades, people have been using solar power to illuminate their homes, reducing their reliance on fossil fuels and shielding themselves from rising electricity prices. 

Even though solar power ensures your energy freedom and lowers your energy bills, the way you pay for it matters a lot.  

Remember, selecting a specific finance option can make solar an affordable and worthwhile investment, but choosing the wrong one can turn savings into more stress. 

So here’s what you can do next!  

Review your budget and power bills. Determine whether you can pay cash or require a loan. Avoid rushing into lucrative but deceptive offers. Always compare full quotes with repayment details before agreeing to anything. 

Ready to make the switch?  

Contact Cyangery today and begin your journey with Solar Energy. We are here to find you the best deals on solar packages in Australia. 

Your Solution Is Just a Click Away

The post 5 Ways To Finance Your Solar Panels In Australia appeared first on Cyanergy.

5 Ways To Finance Your Solar Panels In Australia

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