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A decade ago, analysts were calling Spain a cautionary tale. Too much solar, too fast! Today, Spain is rapidly on its way to having the cheapest power in Europe. Maybe this time, solar naysayers will learn... haha, jk, they'll just move the goalposts.
News comes within 24 hours of the UK government proposing a weakening of its EV targets...
20d
janrosenow.substack.com
How wind and solar quietly pushed gas off the margin, and the wholesale price followed.
7h
Spain just became one of Europe's cheapest power markets. Here is how.
Ooof
Chart of the day. The energy transition is happening in real time! 😍
What will the global fossil fuel market look like once the closure of the Hormuz ends? In short, volatile and risky but oversupplied - terrible for fossil fuel investors, less so for clean energy investors. The UAE's decision to leave OPEC reinforced this.
David Roberts