I can’t remember the precise definition of “dead weight loss”, but….its this, right? #econsky
David Riester
@daveriester.bsky.social
Founder of Segue. Renewable Energy, Energy Storage, Energy Transition through lens of investor and project finance guy. Ex Sunedison (early years), Cypress Creek PF head. Dad, husband, washed up baseball player. Fan of satire.
When I was as young as 7 I think I understood - deep in my bones - a trade strategy like this was doomed. And all that required was watching Ferris Bueller's Day Off about 163 times. #energysky #econsky www.youtube.com/watch?v=yuOH...
Hawley–Smoot Tariff - Ferris Bueller's Day Off.
YouTube video by International School History
youtube.com
As a #wisconsin native, this warms my heart. The trait I most associate with the ethos of Wisconsinites is humility. So an unhinged sociopathic narcissist comin' in hot always seemed like a bad strategy. As a #renewableenergy professional, this gives me a bit of hope on the state legislation front
Never thought I'd hear Nextera's CEO describe renewables as a "bridge" to more gas-fired generation! Ketchum performs some breathtaking gymnastics explaining Section 45 #ITC. Yet...he usefully conveys general optimism and a purely capitalistic case for leaving the #IRA be. #energysky cnb.cx/43zAGbp
NextEra Energy CEO: Energy demand will increase sixfold over the next twenty years
John Ketchum, NextEra Energy CEO, joins 'The Exchange' to discuss energy demand going forward, how expensive it is to build a natural gas power plant, and much more.
cnb.cx
Anyone aware of an existing “record” aiming to track influential people who are, essentially, pulling a “Quisling” and voluntarily choosing self-enrichment over preserving the #socialcontract, democracy, morality? We need a visible “Quisling Tracker” to establish a cost for selling civilization out
David Riester on LinkedIn: Quisling - Wikipedia
[Personal, "off-topic" post] Is anyone aware of a log/register/repository that is, well, logging, registering, or tracking the positions that…
linkedin.com
I wrote an article on "deposits" (IX, PPAs, etc) and the systemic problem #solar #bess #wind developers face in meeting all these capital/credit intensive needs for worthy projects. It's not as sexy as AI, but my is it a driver of the #energytransition #energysky 🔌💡⚡ segueinfra.com/articles/dep...
Deposits, Deposits, Deposits…
This article is a retrospective on how financial security deposit solutions for aspiring renewable energy power plants have evolved since 2023.
segueinfra.com
One of the most predictable experiences I have as a RE project development capital provider is that developers ALWAYS plan for their pending corp. equity transaction closing in weeks when it inevitably takes months…and the possibility of a dead deal is almost never considered. #energysky 🔌💡
Becketts line has long had its talons in me: “I can’t go on.” “I’ll go on.” Like many, I’ve instinctively retracted inward this month, sensing the coming days will be unbearable. But the point of the line is that there is some daylight between what seems unbearable, and what is actually so.
On a train in Germany with my kids and they are floored by how many of these old 1-2MW plants we’re passing (look like mostly 100-140W mods). Reminding me of when Germany’s FIT dominated the global market, accelerating everyone down the cost curve. We’re all indebted to that leadership still.