CHINA’s solar generation capacity has more than doubled since the end of 2021. Solar is the fastest growing source of additional generation. Installed capacity reached 660 million kilowatts at the end of March 2024 up from 307 million kilowatts at the end of 2021 and 174 million

We just updated our data on electrical vehicles:
ourworldindata.org/electric-car-s…

Here is one datapoint: 93% of all new vehicles sold in Norway last year were electric.

A combination of less demand in Europe and more in Asia has #LNG imports tracking lower. With European storage at an all time high for April, most buyers are tempering their early injection season buying with downside price risk definitely in play through the summer. #ONGT

Fast-Charging EV Stations are skyrocketing in USA! Why? IRA support is substantial plus more EV stations are becoming profitable, as numbers of EVs on road keeps climbing.

There are now 8,000 Fast-Charging Stations and the number is growing rapidly.
bloomberg.com/news/articles/…

Today, I tried to explain to investors that for shorter transmission lines, the maximum current carrying capacity is set by thermal limits but the maximum current carrying capacity for longer ones is set by voltage limits and stability constraints. No one understood.

Reading some of the media coverage you get the impression that EV sales are down.

See the pattern?

Source International Energy Agency iea.org/reports/global…

What’s going on with Vinfast?

Our wide-ranging investigation into the Vietnamese EV manufacturer relied on satellite imagery, AIS data, trade records, and on-the-ground reporting in multiple U.S. states and continents.

Ep129: Minutes - New Energy - should the West fear or emulate China?
#applepodcast podcasts.apple.com/gb/podcast/red…
#spotify open.spotify.com/show/4FDIRo16s…

Laurent Segalen and Gerard Reid have a rapid overview of what’s going on regarding the Energy Transition in China

The Two Great Battery Deployers: ERCOT & GB

Source: Modo Energy

Good morning with good news: US will double battery storage in 2024! The US battery storage boom will add 15.5 GWs in 2024. Batteries will jump from 15.4 GW to 30.9 GW in one year!

Battery boom is much bigger than the AI demand 'surge' of ~18 GW by 2030.
eia.gov/electricity/mo…

German power: Renewables vs. coal

The Great Frequency Reserve Revenue Saturation (for lack of a better name)

Full podcast on the topic: open.spotify.com/episode/35qz8H…

Source: Modo Energy

Another #hydrogen train project cancelled. This time in Austria.

Fortunately, they caught the foolishness of this hydrogen project in time. It turned out that the CTO of the railway when the hydrogen plans were confirmed was fired for plagiarising his PhD research: an Austrian

Brilliant Michael Liebreich
In summary, Hydrogen… Nah.

I have been invited to do the keynote interview with Pilita Clark at the 4th FT Hydrogen Summit on June 12. As you can see from the Q&A that appears in the conference brochure, I will be helping the day kick off with a dose of physical & economic reality. linkedin.com/pulse/future-h…

Big news from China today and a tipping point - NEV penetration rate has broken 50% which means that they sell more NEVs in China than ICE cars. (Includes hybrids) (Pictured celebrating below)

A RECORD 27% of the EU's electricity came from wind and solar in 2023, with wind surpassing gas power for the first time 🌪️☀️🇪🇺

This drove renewables past the 40% mark for the first year in EU history, reaching 44% of the region’s electricity #EER24

ember-climate.org/insights/resea…

'No one wants to buy a BEV in the UK', says the media.

'The UK had the highest volume of new BEV sales in Europe in Q1 2024, ahead of Germany and France', says the data.

1/3 The EU has signed too many LNG contracts, and by 2030 will be forced to buy almost twice as much LNG as it needs.

That's the verdict today from the EU's own agency for energy regulators.

It's time to move on from the 2022 'dash for gas'.

acer.europa.eu/news-and-event…