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Aerial photos of the National Renewable Energy Laboratory’s (NREL) Flatirons Campus near Boulder, Colorado. Photographed from an Unmanned Aerial Vehicle (UAV). (Photo by Joshua Bauer / NREL)

Imagine an electric grid powered by clean, renewable energy. Now imagine that this grid provides all the comfort and convenience consumers have come to expect as well as grid reliability and resiliency services that are similar to—or better than—conventional plants. That is the promise of the FlexPower project.

With support from the U.S. Department of Energy Grid Modernization Laboratory Consortium, FlexPower brings National Renewable Energy Laboratory (NREL) researchers together with other National Laboratories to develop a colocated variable hybrid generation power plant enhanced with energy storage at NREL’s Flatirons Campus. Participants include the Idaho National Laboratory (INL) and Sandia National Laboratories (Sandia).

As renewables displace conventional generation, hybrid renewable power plants combined with energy storage can transform variable resources such as wind and solar photovoltaics (PV) into fully dispatchable and flexible energy sources. These hybridized power plants will be capable of operating in day-ahead and real-time energy markets and providing essential reliability and resiliency services to the grid.

Rethinking Renewables

“This research will help accelerate the adoption of utility-scale variable wind and PV resources by demonstrating how hybridization can smooth the transition to clean energy,” said NREL Chief Engineer Vahan Gevorgian. “For the power grid to economically and reliably integrate large amounts of variable renewable generation, it will require robust energy storage capabilities and a rethinking of the value renewable energy assets bring to the grid.”

To support this transformation, researchers will test a variety of energy storage systems, including pumped storage hydropower, battery, hydrogen, flow battery, kinetic, and ultracapacitor energy storage. In addition, the project will focus on advanced control strategies and resource forecast techniques. Sophisticated controls can improve the dispatchability and availability of variable generation by taking advantage of the complementary nature of wind and PV resources and increasing capacity factors for renewable projects with minimum or, in some cases, no additional transmission buildup. Improved forecasting allows hybrid plants to participate in energy and ancillary services markets in the same way conventional generation plants do.

By combining generation, storage, advanced controls, and improved forecasting in hybrid plants, operators can achieve economies of scale by sharing infrastructure as well as siting and permitting costs. These plants can also provide the full spectrum of existing essential reliability services as well as new, evolving grid reliability services. For example, hybrid plants can provide self-black starts as well as power system black starts, can operate in islanded mode, and can participate in power system restoration schemes. And hybrid plants are scalable, ranging from small microgrids to large, interconnected power systems.

The FlexPower project is of great interest to a wide range of stakeholders, including regulators, reliability organizations, system operators, utilities, plant owners and operators, equipment vendors, and island power system owners and operators.

“Hybrid renewable energy plants could introduce the national and global energy sectors to a new and potentially disruptive class of power systems,” Gevorgian said. “The FlexPower project will demonstrate the value of renewable energy assets and suggest strategies for using them more efficiently to reduce curtailment, increase energy production, and smooth variability. The result could be high-value grid services and a more secure and resilient power supply.”

Sharing the Findings

The FlexPower research results will be freely accessible to all stakeholders in the form of public domain information and other assets. Specifically, stakeholders will have access to the FlexPower controller architecture; control codes developed by NREL, INL, and Sandia for industrial control platforms; hybridization-potential assessment maps and databases; results of regional impacts studies; and reports, publications, regional webinars, conference presentations, and other outreach materials.

NREL’s Flatirons Campus grid-scale hybrid system will provide a test bed for companies and researchers to validate and demonstrate their hybrid plant concepts and strategies. The fully operational multi-MW hybrid power plant will be capable of demonstrating all types of dispatchability, reliability, and resiliency services. It will also provide a grid-scale test bed that offers hybrid system demonstrations for a range of stakeholders, opportunities for control and equipment vendors to test new hybrid controls and hardware, a venue for workforce education and new international collaborations, and a validation platform for standardizing hybrid technologies.

FlexPower was funded in part by U.S. Department of Energy’s Wind Energy Technologies OfficeWater Power Technologies OfficeHydrogen and Fuel Cell Technologies Office, and the Office of Electricity.

Article courtesy of NREL

 

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Paris’ popular bike share program has a big sticky finger problem

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Paris' popular bike share program has a big sticky finger problem

Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.

According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.

“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.

The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.

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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.

Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.

And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.

The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.

Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.

That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.

The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.

Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.

The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.

Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.

In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.

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CNBC Daily Open: Elon Musk, founder of companies and political parties

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CNBC Daily Open: Elon Musk, founder of companies and political parties

U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.

Nathan Howard | Reuters

When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.

What does the world’s richest man do? He starts a political party.

Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”

Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.

It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.

To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.

Folks, here’s direct democracy — and the powerful post-separation motivation — in action.

 — CNBC’s Erin Doherty contributed to this report.

What you need to know today

And finally…

An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.

Thomas Peter | Reuters

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CNBC Daily Open: Most people don’t start a political party after separation

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CNBC Daily Open: Most people don't start a political party after separation

US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.

Francis Chung | Bloomberg | Getty Images

When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.

What does the world’s richest man do? He starts a political party.

Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”

Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.

It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.

To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.

Folks, here’s direct democracy — and the powerful post-separation motivation — in action.

 — CNBC’s Erin Doherty contributed to this report.

What you need to know today

Trump confirms tariffs will kick in Aug. 1. That postpones the deadline by a month, but tariffs could “boomerang” back to April levels for countries without deals. Trump on Friday said letters with “take it or leave it” offers will go out to 12 countries Monday.

U.S. stock futures slipped Sunday. Despite the White House pushing back the return of “reciprocal” tariffs, some investors could be worried trade negotiations would result in higher-than-expected duties. Europe’s Stoxx 600 index dropped 0.48% Friday.

OPEC+ members to increase oil output. Eight members of the alliance agreed on Saturday to hike their collective crude production by 548,000 barrels per day, around 100,000 more than expected.

Elon Musk forms a new political party. On Saturday, the world’s richest man said he has formed a new U.S. political party named the “American Party,” which he claims will give Americans “back your freedom.”

[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.

And finally…

Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.

Pascal Rondeau | Hulton Archive | Getty Images

The CEO mindset is shifting. It’s no longer all about winning

https://www.cnbc.com/2025/07/06/the-ceo-mindset-is-shifting-its-no-longer-all-about-winning.html

CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.

In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure. 

— Spriha Srivastava

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