Those among you who watch these things closely may have noticed a sharp rebound in the price of carbon on the EU ETS over the last couple of days. This was because EDF announced that it is going to have to shut down a couple of nuclear reactors. It is too hard to maintain them … Read More
The world has found a way to cut CO2 emissions, albeit a very painful one. The crisis has also rudely barged the green agenda off the front pages. Hopefully we shall be back stronger than ever, but nonetheless Titbits intends to keep the newsflow coming as best we can. To soften the edges of a … Read More
The UK game of musical chairs continues: Welcome, Alok Sharma to the role/hot seat of Secretary of State for Business, Energy and Industrial Strategy (BEIS) as well as Minister for COP26 climate summit. He will have his work cut out. He comes from the Department of International Affairs, but has few obvious green credentials. According … Read More
Back after the summer break with a slightly extended bulletin, covering some August highlights as well as this week’s goodies Company news Jinko Solar’s upbeat message on Q2 numbers Jinko Solar, the world’s biggest solar panel maker, has pleased markets by showing good growth in unit sales, revenues and profits at their Q2 numbers. This … Read More
Who needs campaigners for clean energy when you have Mike Pence Company news US-based GIP in talks to buy Engie’s Indian solar power business American investor Global Infrastructure Partners (GIP) is in talks to buy the Indian solar power business of French energy firm Engie SA in a deal potentially worth around $500 million, a person … Read More
A big thank you to Aurora Energy Researh for their excellent Summer Renewables Summit. A privelege to hear the formidable Doyne Farmer (mathematics professor at Oxford) explain how mere mortal forecasters such as the IEA just don’t understand the concept of exponential growth. Under his model solar energy fits the 35% annual growth model, which … Read More
Whilst not wanting to wade into issues between the USA and China, I observe how regularly I find myself posting about lithium ion batteries. It is therefore of interest that I read the FT article this week about China’s play to control the global battery business (HERE if you have a subscription) Company news Engie Acquires … Read More
Another week another report from a global agency on energy. This week the IEA’s World Energy Investment Report. Although I am not always totally convinced as to which side the IEA are batting for, I like Faith Birol, the Chairman’s concise summary: The world “cannot afford to press ‘pause’ on the expansion of renewables” Company … Read More
VW received 10,000 reservations for the ID.3 in the first 24 hours (see story below). Not quite up to the 113,000 Tesla managed with the Model 3, but better that expected. The VW Golf has never needed Elon Musk fairy dust, so hopefully nor will the ID.3 Company news Siemens sells off power division Siemens … Read More
Those of you who read this only for the EV of the Week, and I know there are a few, may be disappointed by this weeks ‘bit consisting of a load of double decker busses. Sorry for that, but I think deployment of electric busses is a big game changer in the fight to decarbonise. … Read More