Will Mathis
@MathisWilliam
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Climate change and renewable energy reporter @business, fan of data. @newmarkjschool alum. RTs ≠ endorsements. Opinions my own. write me: [email protected]
London, England
Joined October 2011
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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RT @AkshatRathi: All that rapid and growing clean-energy build is not enough to start the secular decline of coal. The extreme rise in gas….
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"A medieval knight in full armor riding a motorcycle through a misty jungle trail.". Try Grok Imagine, free for a limited time.
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RT @shoko_oda: 👀🌬️BP and Japan's biggest power producer Jera will merge their offshore wind businesses as the British oil major seeks to cu….
bloomberg.com
BP Plc and Jera Co., Japan’s biggest electricity producer, will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector.
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RT @AubreyBelford: The recent hit piece against @OCCRP does not deserve any oxygen. Our work is editorially independent. The fact we are fu….
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RT @laurimyllyvirta: Yet, if all the mileage driven by EVs was driven using gasoline instead, China's gasoline demand would have been 14% h….
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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
President-elect Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department.
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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.via @markets.
bloomberg.com
Soaring wind power generation will keep electricity prices in check, even as freezing temperatures and snow grip northwest Europe over the coming week.
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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.” via @climate.
bloomberg.com
The boom in power demand from data centers and artificial intelligence creates a conflict between maintaining a reliable grid and cutting carbon emissions, according to the head of Dominion Energy...
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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
German energy company RWE AG has decided to buy back as much as €1.5 billion ($1.6 billion) of shares as political risks in the US have complicated its investment plans.
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"We think the IRA makes sense” .-ExxonMobil CEO Darren Woods.
An Exxon CEO walked into a climate conference. and he had things to say . Story with @jendlouhyhc:.
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RT @AkshatRathi: An Exxon CEO walked into a climate conference. and he had things to say . Story with @jendlouhyh….
bloomberg.com
The chief executive of Exxon Mobil Corp. on Tuesday discouraged President-elect Donald Trump from withdrawing the US from the landmark Paris climate pact, arguing that would mean forfeiting a chance...
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RT @arvindpawan1: 🚨We have a new study that I believe truly pushes the boundary of supply chain #carbon #accounting: we developed an LNG li….
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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.via @climate
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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.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.via @climate
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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
Battle lines are being drawn as the government decides if it will split power pricing across regions.
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Read more about the NESO report with my story here: .
bloomberg.com
The UK has a narrow pathway to achieve the government’s goal of a clean power grid by 2030, and it may not need as much offshore wind as promised to get there.
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While this wasn't the headline, NESO reiterates the need for locational power pricing. The current market isn't "fit for purpose" and locational pricing is the best option for "mitigating the risks and maximizing the opportunities of a decarbonized power sector"
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Still even getting to the lower end of their offshore range, some 43GW, will require a ramp up in construction that would rival China's ability to quickly deploy renewable power at scale. To even get close will require fundamental changes in how the UK plans and builds.
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