Much cheaper than coal. m.economictimes.com/industry/ren...

I want to come back properly on this Economist piece that questions Britain's approach to net zero. It gets three things wrong imo: 1. Ignoring periods of v cheap renewable energy 2. Misdiagnosing the relative costs of renewables 3. Looking backwards, not forwards.

Large chunk of the world won’t care about oil embargoes very soon

Solar panels from $0.1/w ..

I think a big reason prices are so low in SA is that, while the costs of solar and BESS are falling yearly, Chinese manufacturers are also just undercutting everyone else in open/no tariff markets—see the two SA BESS systems that were priced at ~72/kWh: www.linkedin.com/posts/mlkubi...

Saudi Arabia is installing solar for 1.4 cents per kWh and is on pace for a 50% renewables electricity grid by 2030 In CT our standard offer rate is 9.7 cents per kWh for supply. Obviously we aren't a desert but it seems pretty feasible we can do a lot better than Natural Gas Ned is planning for

Sunny deals: Solar prices shine! #finsky

Desalination seems to currently use about 3 kWH per cubic meter, so at these prices, the water needed to grow a pound of almonds would cost you around $0.30

Yesterday the Saudi Government’s Renewables procurement body signed 7 agreements for PPAs with ACWA relating to 15 GW of solar power, the largest single deal that has been signed to date and significantly boosting the Kingdom’s plans to decarbonise its electricity grid by 2030. on.ft.com/4eSvrYa

Sorry to wade into the air con wars again, but... I spoke to @jim.londoncentric.media last week about why more homes in London don't have air con. The bottom line is: air con in Britain is almost always a heat pump, and heat pumps are good for the climate www.londoncentric.media/p/why-london...

“The UK’s sea level is rising faster than the global average and at an accelerating rate… Sea levels have risen by 13.4cm in the UK since 1993, compared with a global average of 10.6cm, according to the annual state of the UK climate report published on Monday.” on.ft.com/4lzrgmM

“..the unlevered after-tax IRRs of TEF .gas.. power projects have unlevered after-tax IRRs of 3%-28%, a sharp drop from pre-2025 levels as capital costs have surged by as much as threefold.“ www.enverus.com/newsroom/str...

"In a ... hint of past financial turmoil, mortgage defaults begin to rise, along with ... credit card delinquencies. But this time, it’s different. Unlike other financial disasters, the underlying cause of this one is not financial, it is physical, and it is not clear how it will ever end."

This is thought provoking from the FT. It’s already clear (as I have previously discussed in this stream) that insurance companies are raising premiums and withdrawing cover for housing in some US states given the frequency and intensity of wildfires, storms and hurricaines. on.ft.com/46dSz0R

Here’s Prime Minister of Jamaica, Andrew Holness, discussing how solar and batteries can help reduce power prices across the economy www.facebook.com/share/r/16aF...

The fall in price of solar panels and the continued increase in their efficiency has led to a big fall in power generated by solar. The same has been true of batteries. ember-energy.org/latest-insig...

It is certainly true that climate change risks are long-tailed risks. But the market is a discounting mechanism and long term risks are increasingly being reflected in short term profitability via the insurance market. Investors should watch these carefully. www.bloomberg.com/news/newslet...

The big take-way from the crisis is that the drive to shift away from imported hydrocarbons to renewables and batteries was the right strategy on cost and risk grounds.. www.ft.com/content/c139...

Your regular reminder that the output of the French nukes, marvellous as they are, are sensitive to weather conditions www.bloomberg.com/news/article...

We once thought that economic growth in China would led to huge increases in demand for oil as people bought and drove more cars, industry needed more energy and people took more planes to more places.

“..the team also concluded that the enhancement in cooling efficiency extends the operational lifespan of PV panels by over 200% and reduces the levelized cost of electricity by 18%…” www.pv-magazine.com/2025/06/09/n...

“Most of the electricity in India…still comes from coal, one of the dirtiest forms of energy. But coal’s dominance is dropping, going from 60% of installed power capacity 11 years ago to less than 50% today, according to India’s power ministry.” apnews.com/article/clim...

“The plant also pioneers the use of a grid-forming energy storage system capable of autonomously adjusting voltage and frequency during grid fluctuations or outages. www.ess-news.com/2025/06/03/c...

"When a $7,700 high quality EV car emerges, cheaper than a lap-top, a 30kWh mobile storage unit as well.. it is difficult to avoid the idea we have crossed an energy threshold We don't need our spreadsheets on this day to declare [that energy] transition… is real” open.substack.com/pub/harryben...

That's at least 2x as much as I've ever paid for a laptop. But still. How is it even possible to make a whole car for like, 2x the cost of a nice work laptop? How can this car cost the same amount as a nice German adventure bicycle? Is it just mass production and short domestic supply chains?

If affordability trumps climate on your list of priorities then this speaks volumes about the value green economic policies could have to everyone's bottom line. Is Carney paying attention? Viva! #cdnpoli

Great piece on EVs.

You know that it’s serious when a major oil producer is also home to an ambitious renewables company.. www.bloomberg.com/news/article...

An excellent chart to show the extreme overvaluation of Tesla even while its market share craters. Perhaps people thinking having a drug-addled part time CEO who spends more time playing video games than running his car company is the key to success. Good luck with that!

"When a $7,700 high quality EV car emerges, cheaper than a lap-top, a 30kWh mobile storage unit as well.. it is difficult to avoid the idea we have crossed an energy threshold We don't need our spreadsheets on this day to declare [that energy] transition… is real” open.substack.com/pub/harryben...

Congrats everyone: $14 billion in clean-energy projects have been canceled in the US, in this year alone.

India is getting hotter because of climate change. If it solves the air pollution problem it will get even hotter. It heats aircon provided by heat pumps powered by solar economist.com/leaders/2025... from The Economist

« The fossil gradualists insist that moving away from oil, gas, and coal will be slow and painful. Fossil fuels, they argue, are humanity’s greatest discovery. Civilization simply requires barrels of oil and is shaped by legacy energy giants… » open.substack.com/pub/electrot...

Yesterday, sea surface temperatures in the North Atlantic were extraordinary when compared to the average fur 1990-2025. Get ready for a hot summer.., do you have air con ?

Increases in power capacity in India has been mostly renewables- and not because of policy mandates but simply because they are the lowest cost new build in that country

We know the issues: solar is very cheap but intermittent, gas is reliable but expensive, especially when you take into account the environmental costs. A power system with both allows you to maximise the carbon reduction you can achieve AND lower cost. mliebreich.substack.com/p/decarboniz...

Many people think solar and wind won't be able to keep the grid stable because they lack "inertia". I think solar, wind and batteries will do a BETTER job and I think you can explain it thus: - the old grid is a record player - the new grid a digital player 🧵

Most of the cost in the electricity industry is associated with the lack of storage. Because of this, we’ve needed high margins, T&D networks, complex contracting structures and regulation to force users to pay for these things. But batteries are beginning to change that www.iea.org/commentaries...

Another one of these extraordinary charts showing how the IEA has underestimated the growth of clean tech.. this time solar

IEA battery demand forecasts consistently underestimate what is happening

Concrete plans to build a few SMRs in the UK! Unfortunately, the data suggests that these plants are not going to settle concerns about costs ...

Orsted’s decision to pull out of Horsea 4 2.6GW offshore wind project in the UK is a huge problem for the offshore wind industry. It recently won a CfD in the Ar6 round at £58.89/MWh in 2012 prices (c£85/mwh today)… www.linkedin.com/posts/paul-b...

Ontario greenlit construction of what will be the first small modular reactors to be completed in North America. The first of four 300 MW GE-Hitachi BWRX reactors should be finished by 2029, but at a cost of >US$18/W for Unit #1 falling to ~US$9.6/W for #4. www.theglobeandmail.com/business/art... 🔌💡

One week on from Spain's blackout - and media outlets can talk about is solar power. So I decided to look into Spain's nuclear fleet, and discovered that in April, it was operating at its lowest levels in ten years Why? Here's a hefty piece digging into that, for you: ketanjoshi.co/2025/05/05/w...

“Climatic shifts are broadening the.. reach of many potentially lethal pathogens, such as those borne by mosquitoes. Fungi are a particular peril, due to their hard-to-detect spores, a shortage of treatments for the diseases they trigger, and growing resistance to existing drugs.” on.ft.com/3YYvavS

This is unbelievably refreshing: a politician is finally lectured on why they are wrong. The blank stare by Badenoch is the look of a person who knows they have been called out on their nonsense.

Who said this?