Inflation plagues clean energy. How bad is it?

On The Carbon Copy podcast this week:

Wind, solar and batteries have seen steady, fairly predictable cost drops over the last two decades. But now a combination of pressures — supply-chain turmoil, grid constraints, interest rates, labor costs — has raised costs for products and projects. And they’re challenging the commercial viability of emerging sectors such as offshore wind and hydrogen.

So how will the market work through this inflationary blip? And are there other policy interventions to ease pressures? This week, we explore clean energy’s inflation problem.

Then, the International Energy Agency says peak fossil-fuel consumption is upon us. But what does that actually mean? We’ll put the ​“peak” into perspective. 

Joining us this week are Katherine Hamilton of 38 North, Michael O’Boyle of Energy Innovation and Maria Gallucci of Canary Media.

Stories we mention in this episode:

• Latitude Media: The ripple effect of rising wind costs

• WSJ: Green power gets pricier after years of declines

• Canary Media: Offshore wind pushes ahead despite industry turmoil

• NYT: IEA forecasts peak fossil fuel demand

• Washington Post: ​“Peak” fossil fuels isn’t what it sounds like

This episode of Carbon Copy is brought to you by The Energy Show, hosted by Barry Cinnamon. Questioning whether that cool new product or service really pencils out for customers? Curious about customer adoption of IRA policies? Wondering how the grid can keep up with home electrification? For the real-world scoop on clean energy technologies with a focus on the customer perspective, don’t miss The Energy Show at www.energyshow.biz.

The Carbon Copy is supported by FischTank PR, a specialized climatetech PR firm dedicated to bringing meaningful results for companies in sectors spanning grid edge, solar, energy storage, battery, EVs, alternative fuels, VC and green building. FischTank helps clients stand out in an increasingly competitive and noisy space. Visit FischTank PR to learn more.