WTI $87/bbl
Brent $90 /bbl
NL TTF gas €35 /MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)
China vulnerable
UK weakness (I lose track of how often UK flip flops on this - and eventually this one too will get flipped at mates rates to the City)
UK total failure - no bid (by my count the UK Conservatives have destroyed UK solar, UK insulation. UK onshore wind, UK offshore wind, UK smallwinf, UK hydro, and are doing a good job of destroying UK heat pumps, and are a long way to destroying UK automotive and UK battery mfg)
and
This is not just a UK issue, and not just a renewables issue
.... and in USA Texas
... hence Texas ERCOT
Mexico weakness
Russia-Iran; and China-Europe bypassing Russia
and
Compare USA (16%) with global (19%) and one can see USA is catching up
Shell, we have a problem
.... and the great carbon credit boondoggle also impacts Shell
More battery types
Inverter factories are an easy build
Boomtime USA
Slow steps USA
Brent $90 /bbl
NL TTF gas €35 /MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)
China vulnerable
Two dead after Hong Kong’s heaviest rain in at least 140 years
More than 200mm of rain recorded on Hong Kong’s main island and there is also disruption in Shenzhen
www.theguardian.com
UK weakness (I lose track of how often UK flip flops on this - and eventually this one too will get flipped at mates rates to the City)
Two years and £45m of taxpayer cash: the steady launch of state bank UKIB
Leeds-based bank may finally be in position to support regional development and net zero climate ambitions
www.theguardian.com
UK total failure - no bid (by my count the UK Conservatives have destroyed UK solar, UK insulation. UK onshore wind, UK offshore wind, UK smallwinf, UK hydro, and are doing a good job of destroying UK heat pumps, and are a long way to destroying UK automotive and UK battery mfg)
‘Biggest clean energy disaster in years’: UK auction secures no offshore windfarms
Lack of interest was widely expected after government failed to heed warnings about soaring costs
www.theguardian.com
Signal: UK lacks green investment for net-zero commitment
Private investment needed for the UK to reach its net-zero target, but unclear policies and insufficient public funding are obstacles.
www.energymonitor.ai
This is not just a UK issue, and not just a renewables issue
The RSPB took on ministers and fell to earth. How it happened is a warning to us all | George Monbiot
This is not just a story of a wildlife charity being bullied – it’s about the ugly truth of power dynamics in today’s Britain, says Guardian columnist George Monbiot
www.theguardian.com
Texas fracking billionaire brothers fuel rightwing media with millions of dollars
Farris and Dan Wilks’ deep pockets fund climate denialism education, conservative politicians and pro-fossil fuel projects
www.theguardian.com
... hence Texas ERCOT
ERCOT forced to declare emergency conditions in extreme heat as Texas flirts with blackouts
Experts say battery resources may have kept the grid operator from declaring rolling blackouts amid low renewables output and high thermal outages.
www.utilitydive.com
Mexico weakness
How Mexico came to have the weakest climate policy in the G20
Mexico is the only G20 nation without a net-zero pledge, and its policies are rated "critically insufficient" by Climate Action Tracker.
www.energymonitor.ai
Russia-Iran; and China-Europe bypassing Russia
Kazakhstan sees Middle Corridor volumes increase by 86%
Kazakhstan Railways (KTZ) has seen Middle Corridor volumes grow by 86 per cent for the first seven months of this year compared to 2022. The total volume amounted to 1.6 million tons, with the export volume contributing to most of the growth. According to KTZ, over all the recorded volume, 1.2...
www.railfreight.com
A new Duisport terminal starts construction, this time in Turkey
Duisport has started the construction of its new terminal, “Railport”, in Kartepe, Turkey. The terminal is around 100 kilometres from Istanbul and is considered Duisport’s most significant foreign investment, with 1.37 billion US dollars involved. It is planned to begin operation at the end of...
www.railfreight.com
Compare USA (16%) with global (19%) and one can see USA is catching up
Shell, we have a problem
Shell putting residential storage and VPP firm sonnen up for sale - reports
Shell is putting its residential solar, storage and VPP company sonnen up for sale, according to German outlet Handelsblatt.
www.energy-storage.news
.... and the great carbon credit boondoggle also impacts Shell
Shell signals retreat from carbon offsetting
Oil company is latest firm to act amid indications that carbon credits do nothing to mitigate global heating
www.theguardian.com
More battery types
EnerVenue launches new metal-hydrogen battery variant
EnerVenue has developed a new metal-hydrogen battery. The US startup says the battery's efficiency ranges from 80% to 90%, depending on the cycle rate, and claims that its energy density per square foot is equal to or even better than lithium-ion batteries.
www.pv-magazine.com
Inverter factories are an easy build
Livoltek to build 1.8 GW inverter factory in Brazil
Livoltek plans to build a 1.8 GW inverter factory in Manaus, northern Brazil. It says the facility will manufacture single-phase and three-phase devices.
www.pv-magazine.com
Boomtime USA
US solar installations expected to jump 52% to nearly 32 GW in 2023: SEIA
The industry is outperforming SEIA’s March forecast, which predicted the best case scenario would see 2023 installations grow to 28.4 GW.
www.utilitydive.com
Slow steps USA
First GE Haliade-X 13 MW Wind Turbine Heads Offshore for Vineyard Wind 1 Site
Vineyard Wind, a joint venture between Avangrid and Copenhagen Infrastructure Partners has shipped the first GE Haliade-X 13 MW wind turbine from the New Bedford Marine Commerce Terminal to its location more than 30 miles (about 49 kilometres) off the coast of Cape Cod in the US.
www.offshorewind.biz
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