Another take private offer this time from EQT for OX2. With an offer of 43% above OX2's closing price on Friday, it might look good in the short-term, but the harder question to answer is if it is a good deal for sellers over a five-year period. reuters.com/markets/deals/…

Chartbook 284 The beginning of a new era: How the "global" energy transition is happening in China (Carbon Notes 13), by Adam Tooze open.substack.com/pub/adamtooze/…

Published today, BloombergNEF’s New Energy Outlook 2024 presents the long-term energy and climate scenarios for the transition to a low-carbon economy. Read the report online: about.bnef.com/new-energy-out…

bloomberg.com/news/articles/…

Siemens Energy considering cutting 4,100 jobs at its troubled Gamesa wind turbine unit bloomberg.com/news/articles/… via Bloomberg Markets

Brookfield enters deal to buy France's Neoen for $6.6 billion. Another big take private in the renewable listed asset space. reuters.com/markets/deals/…

Reflecting on an excellent book by David Einhorn - Fooling Some of the People All of the Time: A Long Short Story, we discuss the interplay between market “optimists” and “pessimists”: linkedin.com/posts/greeninv…

- Understanding micro (industry) is more important than macro (economy) - Understanding the supply side is more important than the demand side - Understanding that there will be more volatility - Outperformance of expectations with a margin of safety

economist.com/leaders/2024/0…

Gridlock in China: spending on network surges to support green energy transition ft.com/content/2c0fa0… via @ft

Can the solar industry keep the lights on? ft.com/content/9c53f6… via @ft

Climate tech explained: grid-scale battery storage ft.com/content/7f8a1a… via @ft

New Insight: Renewable Energy Asset Valuation: Public Versus Private Markets greeninvestmentpartners.com/literature/ren… In which we discuss the discrepancies between the private and public market valuations for asset-based companies in the clean energy sector.

Surging US power demand set to exceed supply, says Bain ft.com/content/b2a3a6… via @ft

Gore Street jumps as California contract quadruples cashflows citywire.com/investment-tru…

You can riff relentlessly on all the excuses, but none will change the fact that nothing matters as much as prices. And in the US at least, they are just too high bloomberg.com/news/newslette… via Bloomberg

Macquarie is making a fresh takeover attempt of London-listed waste management company Renewi after an offer was rejected about a year ago, sources say bloomberg.com/news/articles/… via Bloomberg

This year marks a pivotal moment as the energy sector embraces AI, with its growing influence evident in packed conference sessions and a new focus in major reports like the IEA's Electricity Market Report. about.bnef.com/blog/liebreich…

Yesterday #wind produced 45.7% of British electricity, more than gas 20.1%, imports 12.9%, nuclear 12.2%, biomass 7.9%, solar 1.0%, hydro 0.3%, *excl. non-renewable distributed generation

At VALUEx BRK, I talked about the need to fix US healthcare, which would make life better for all Americans. youtu.be/9VFcYDpLW2o?si… Our Founders knew that special interests would be a problem for our democracy, and that an answer was to shine a light so that the majority could