APS Battery Fire Report Finally Released

Deutsche Bank to cut investments in fossil fuels; BoA to disclose GHG impacts of lending practices; Panasonic improving battery tech for TSLA; Australia grid operator lays out new 20 yr plan; big hydrogen network planned for Europe; Arizona battery fire report

1) Deutsche Bank to curtail finance of coal mining by 2025, and limiting financing in the oil and gas sector.

2) BoAmerica joined other US banks committed to disclose impacts of lending/financing on GHGs.

3) Panasonic to increase the density of the battery cells for Tesla by 20% over the 5 years.

4) Australian Energy Market Operator 20-yr plan calls for big upswing in DERs, GWs of utility-scale renewables and storage, and a need for optionality in the face of rapid change.

5) 11 gas transmission system operators from nine EU countries announced the European Hydrogen Backbone Initiative, w/15,000 miles of hydrogen pipelines. Stage 1, by 2030, will see 4,500 miles of pipelines connected.

6) Report on APS battery fire finally came out, highlighting dendritic formation in cells leading to a short that propagated into "thermal runaway." Recommendations address a host of issues.