Hints and tips:
Related Special Reports
...Germany plans to achieve carbon neutrality by 2045 and to derive 80 per cent of electricity consumption from wind and solar energy by 2030, up from 41 per cent in 2021....
...“I think ultimately, the world needs energy and we’re energy traders, so if you don’t move this stuff, you know the world doesn’t work.”...
...I believe the better days are ahead,” Vic Abate, chief executive of the wind business at GE Vernova, told investors in New York yesterday....
...I've come here to the Taiwan Strait to find out can Taiwan get its offshore wind industry off the ground? Taiwan currently relies on oil, coal, and gas for its energy, almost all of which is imported....
...Greetings from Rotterdam, where I am at the World Energy Congress, which draws together thousands of people from the global energy industry every three years....
...The chief executive of Ørsted has vowed to “fight with everything I’ve got” to restore investor confidence in the world’s largest offshore wind developer after its decision to walk away from two key US projects...
...“I’m pro-nuclear but I think the industry has to stop deluding itself that magic is going to happen,” says Michael Liebreich, energy expert and former adviser to the UN on sustainable energy....
...RENEWABLE ENERGY Are wind and solar simply bad business?...
...Siemens Energy, whose wind unit makes turbines, needed a €15bn bailout last year....
...It also offers cheaper electricity to people living near wind farms and makes a big deal of ensuring green energy is affordable....
...“There is encouraging messaging and good direction of travel, but I think what we’re asking for is a wider role for battery storage.”...
...The S&P Global Clean Energy index, which includes clean energy giants such as Ørsted, the wind farm developer, is down almost 60 per cent below its peak in January 2021 at the height of a frenzy over the...
...He says: I don’t know Mark Zuckerberg and I don’t follow Meta and so I don’t know how clever or not clever they are in terms of sniffing the wind, but I think in this instance, either by accident or intentionally...
...“I’m cautiously optimistic that we are at a turning point,” Molly Morris, head of Equinor Renewables, told Energy Source at the CERAWeek conference in Houston last week, but added that meeting the White...
...Siemens Energy has said it is targeting €400mn of cost cuts at its struggling wind turbine business after huge losses forced it to take a €15bn government-backed bailout last week....
...But industry leaders argue consumers are unwilling to pay the costs associated with a rapid shift to wind and solar energy....
...Danish wind energy giant Ørsted announced on Tuesday that it will cease operations on two offshore projects in a major blow to the nascent US sector....
...Other things I enjoyed this week My FT colleague Rachel Millard wrote this comprehensive and clear explainer about why the global offshore wind industry has reached an inflection point....
...Siemens Energy said it did not expect its wind business to return to profitability until 2026, weighing heavily on group earnings even as its other divisions were expected to continue growing strongly....
...“I tell the negotiators to give President [Joe] Biden the following message: ‘If you want, I want. If you don’t want, I don’t want,’” Maduro said....
...For today’s Energy Source, I dug into the report and pulled out five key takeaways. Thanks for reading....
...“But when you have also a lot of wind — and 50 per cent of electricity will be coming from wind in Europe around 2030 — you really need to store vast amounts of energy.”...
...The US Energy Information Administration has forecast that combined wind and solar generation will outstrip electricity from coal for the first time this year....
...“To supplement our wind and solar energy projects, which depend on weather conditions to generate energy, we’re also exploring new innovations and technologies, and investing in other sources of clean, carbon-free...
...Instead, I would bet on Latin America’s virtually unmatched green energy potential....
International Edition