Ravi Manghani
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raviam.bsky.social
Ravi Manghani
@raviam.bsky.social
2.1K followers 1.1K following 2K posts
All things energysky 🔌💡. Climatetech pro in energy storage, renewables, EVs and power markets. Some memes, some sports, & lot of politics. BOM-SEA-BOS
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Narrator: by worthless, he means extremely cheap.
Reposted by Ravi Manghani
Canceling transmission lines will raise electricity prices and raise emissions. Canceling transmission lines enhances corporate monopoly power and profit. Canceling transmission lines is climate denial.
The Department of Energy says it has terminated its $4.9 billion conditional loan commitment for the long-delayed Grain Belt Express project.

See Full Story: ow.ly/Prl650WuhsL
Writer: Tom Kleckner
Reposted by Ravi Manghani
Someone should tell Chris Wright about how we dealt with asbestos
@opinion.bloomberg.com

www.bloomberg.com/opinion/arti...
A lot needs to happen right on #battery supply chain diversification for #energystorage wave to materialize

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From semafor: As the dust is settling on OBBB, storage is (roughly) full-steam ahead

www.semafor.com/article/07/2...
Reposted by Ravi Manghani
You've inherited a movie theater, what's your first double feature?
This is where I post from
Would the objective be to minimize the mean or the median wait time?
Reposted by Ravi Manghani
Dear All Journalists,

You don’t have to credit the line “Tariffs will hit American consumers” to “economists say”.

Thanks
Reposted by Ravi Manghani
‘Trump’s “One Big Beautiful Bill”…would kill federal support for solar and wind power, undoing President Biden’s historic climate law and punishing Americans with deadlier air, more lethal heat waves and higher electric bills.’

Via @sammyroth.bsky.social

www.latimes.com/environment/...
Commentary: Republican budget bill would slaughter America's cleanest, cheapest energy
It's hard to find reasons for optimism. But we're not doomed.
www.latimes.com
Reposted by Ravi Manghani
NEW: At least one House Freedom Caucus member is looking for Trump to "deal with" IRA tax credits before they vote yes on the megabill

thanks for putting up with and refining my attempts at politics reporting @jael.bsky.social
Trump Will ‘Deal’ with Wind and Solar Tax Credits in Megabill, GOP Congressman Says
“We had enough assurance that the president was going to deal with them.”
heatmap.news
Reposted by Ravi Manghani
REPEAT Project just completed our rapid analysis of the impacts of the Senate-passed version of the One Big "Beautiful" Bill (OBBB), which the House is considering now, on the US energy sector and emissions. Still working up full report, but here is a sneak peak...
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Reposted by Ravi Manghani
Narrative 1: China is dumping cheap solar panels onto the world by unfairly subsidizing its solar industry.

Narrative 2: US, Russia, Saudi are dumping cheap oil and gas onto the world by unfairly subsidizing production and transport.

Both can be defended with facts. Which one do you hear more?
Reposted by Ravi Manghani
Republicans finally found a way to bring down costs. All it took was magically declaring expensive things to be free.
At least, that’s the lesson of OBBB, whose Senate passage today required reinventing the laws of accounting.
A look at the big fat warning sign the GOP just gave to the bond market:
Opinion | The GOP’s big, fat warning sign to the bond market
This is not how budgeting should work.
wapo.st
Reposted by Ravi Manghani
“This is the modern version of book burning.”
The Trump administration has shut down a federal website on climate change, taking down congressionally mandated National Climate Assessment reports and extensive information on how global warming is affecting the country. @coveringclimatenow.org @sciencewriters.org www.latimes.com/environment/...
Trump administration shuts down U.S. website on climate change
The Trump administration shut down a website with national reports on climate change. Scientists decry the move, saying it robs the public of vital information.
www.latimes.com
Reposted by Ravi Manghani
Sorry small correction - the solar/wind excise tax is out. No word yet on phase-outs of existing credits.
Another flagged by Sarah Ferris of CNN: the excise tax on wind and solar projects is OUT of the wraparound amendment.
We're starting to get details on the wraparound amendment now - the official leadership endorsed rewrite of the bill.

One flagged by CNN: they're doubling the size of the rural hospital fund to $50 billion. Which sounds like a lot! Except there's gonna be $119 billion in cuts to rural hospitals.
Reposted by Ravi Manghani
In Heatmap, @azevin.bsky.social & I explain how the web of "foreign entity" rules in the GOP budget bill is certain to backfire.

It's an "impossible bind" where the U.S. companies working the *hardest* to onshore supply chains are penalized the *most*. Their tech will end up right back in China.
"In the end we will cede not only our supply chains to China, but also our competitive edge in the race for AI and manufacturing dominance."

Former DOE staffers @azevin.bsky.social and @jakehigdon.com argue that the Senate megabill will hand energy dominance to China ⬇️
The GOP Megabill Is Playing Right Into China’s Hands
Two former Department of Energy staffers argue from experience that severe foreign entity restrictions aren’t the way to reshore America’s clean energy supply chain.
heatmap.news
Reposted by Ravi Manghani
One vote tonight took 43 minutes — not a blistering pace. Looks like Rs may be slow-walking while they keep working on the bill.
Reposted by Ravi Manghani
The bill the Senate is voting on right now would reduce US power generation through 2035 by 300GW, raise wholesale & retail power prices, increase household energy costs, reduce national GDP, & kill 100s of 1000s of jobs.

I mean, this isn't "public grocery store" bad, but it's pretty bad!
Economic Impacts of U.S. Senate “One Big Beautiful Bill Act” Energy Provisions • Energy Innovation
The Senate's "One Big Beautiful Bill Act" will cost America 300GW of new power, $960 billion in GDP, and 770,000 lost jobs.
energyinnovation.org
Reposted by Ravi Manghani
“There isn’t going to be a gas fired generator any time soon,” Tillis said. “You can’t get that online and the same time that [renewable] pipeline’s going down.”

First time GOP opposition over this made public in Senate debate on the reconciliation bill.
Sen Thom Tillis now on the Senate floor railing against the repeal of the ITC and PTC !!!
Reposted by Ravi Manghani
Seeing a lot of discussion about the birthright citizenship case: the very issue is upsetting, the consequences (even at this preliminary stage) could be dire. But I think the truly alarming case from Friday is Mahmoud v Taylor, the “LGBTQ opt-out” case.

www.supremecourt.gov/opinions/24p...
www.supremecourt.gov
Reposted by Ravi Manghani