Climate change and renewable energy reporter @business, fan of data. @newmarkjschool alum. RTs ≠ endorsements. Opinions my own. write me: wmathis2@bloomberg.net
London, England
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Spanish green power giant Iberdrola is now worth a record €100 billion as investors rush to the safety of its regulated power grids business after Trump announced tariffs.
Iberdrola is now worth nearly $30 billion more than British oil giant BP.
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Will Mathis retweeted
👀🌬️BP and Japan's biggest power producer Jera will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector. With @MathisWilliam and @MitchellFerman
bloomberg.com/news/articles/…
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Will Mathis retweeted
The recent hit piece against @OCCRP does not deserve any oxygen. Our work is editorially independent. The fact we are funded in significant (but not exclusive) part by US grants is something we’ve always been open about. It’s right there on our website: occrp.org/en/about-us/annual…
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Will Mathis retweeted
Yet, if all the mileage driven by EVs was driven using gasoline instead, China's gasoline demand would have been 14% higher this year, and total oil demand about 3% higher. The increase in EVs will have shaved about 5%-points off gasoline demand growth.
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Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department.
But he's not just in fossil fuels. He's also on the board of SMR company Oklo and backed geothermal company Fervo
bloomberg.com/news/articles/…
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Soaring wind power generation will keep electricity prices in check, even as freezing temperatures and snow grip northwest Europe over the coming week.
While there are periods when the wind doesn't blow, it tends to be quite windy in winter
bloomberg.com/news/articles/… via @markets
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The CEO of one of the biggest power companies in the US says AI-driven demand growth makes it harder to cut CO2:
"Anything that’s driving demand is going to make it harder to retire existing fossil units. That’s just sort of basic physics.” bloomberg.com/news/articles/… via @climate
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German energy company RWE has decided to buy back as much as €1.5 billion of shares as Trump's election puts US renewable power investment in jeopardy bloomberg.com/news/articles/…
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Will Mathis retweeted
🚨We have a new study that I believe truly pushes the boundary of supply chain #carbon #accounting: we developed an LNG lifecycle assessment model that tracked how gas moves from a well to an export terminal by analyzing gas transactions. #LCA #LNG
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With today's Trump-driven plunge for renewable energy stocks, Danish wind turbine maker Vestas has now fallen by 50% this year, erasing some $16.5 billion of shareholder value
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Green energy stocks are plunging with Donald Trump poised to win a second term. In his platform, Trump vowed to boost oil and gas and terminate the "Socialist Green New Deal."
But don't forget, his first term was pretty good for renewables
bloomberg.com/news/articles/… via @climate
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Green energy stocks are plunging with Donald Trump poised to win a second term. In his platform, Trump vowed to boost oil and gas and terminate the "Socialist Green New Deal."
But don't forget, his first term was pretty good for renewables
bloomberg.com/news/articles/… via @climate
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Green energy stocks are plunging with Donald Trump poised to win a second term. In his platform, Trump vowed to boost oil and gas and terminate the "Socialist Green New Deal."
But don't forget, his first term was pretty good for renewables
bloomberg.com/news/articles/… via @climate
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Today @neso_energy sent their recommendations to the government and @StarkClimate on how to achieve clean power in the UK by 2030.
I think NESO's @ClaireDykta, summed it up best:
"A clean power system can be achieved by 2030, but it is a Herculean effort”
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Read more about the NESO report with my story here:
bloomberg.com/news/articles/…
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And if you want to learn more about locational pricing, the most divisive debate in the UK's energy industry for years, read this story too:
bloomberg.com/news/articles/…
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