Shanu Mathew
@shanumathew.bsky.social
Climate, Investing, NBA, & Rap. SVP, Portfolio Manager - Sustainable Investing. Prev: Head of ESG, HY Credit, Startup (acq.) IB. Own Views. RTs ≠ endorsement.
Looking to 2025: Data center buildout continues but challenges remain - skilled labor shortages, multi-year waits for key equipment, permitting delays. Success will favor companies with established market positions and cash flows over pure-play, commoditized cleantech.
January 17, 2025 at 6:32 PM
Looking to 2025: Data center buildout continues but challenges remain - skilled labor shortages, multi-year waits for key equipment, permitting delays. Success will favor companies with established market positions and cash flows over pure-play, commoditized cleantech.
Manufacturing reshoring + data center construction now exceed $250B annual spend, 2x+ from 2021. Grid modernization capex up 25-50% from historical levels. Natural gas turbine orders hit decade-high growth rate.
January 17, 2025 at 6:32 PM
Manufacturing reshoring + data center construction now exceed $250B annual spend, 2x+ from 2021. Grid modernization capex up 25-50% from historical levels. Natural gas turbine orders hit decade-high growth rate.
AI & data centers creating massive power demand. Utilities project 25-130GW new capacity needed by 2030 (current base ~25GW), driving grid infrastructure investments and benefiting established industrial players.
January 17, 2025 at 6:32 PM
AI & data centers creating massive power demand. Utilities project 25-130GW new capacity needed by 2030 (current base ~25GW), driving grid infrastructure investments and benefiting established industrial players.
We can and should try to overcome some of the industry's challenges around build timelines and cost overruns, some driven by regulatory constraints but others from poor operational track record too. Point is there are real obstacles to growth and its no silver bullet.
January 14, 2025 at 3:30 PM
We can and should try to overcome some of the industry's challenges around build timelines and cost overruns, some driven by regulatory constraints but others from poor operational track record too. Point is there are real obstacles to growth and its no silver bullet.
"[Sizewell C] is due to start generating in 2029 at the earliest, and cost up to £46bn. That compares with initial expectations from 2016 that it would start at the end of 2025 and cost £18bn." Where else is 4 years and $30 billion off budget acceptable? ft.com/content/0b48...
Cost of Sizewell C nuclear project expected to reach close to £40bn
Final price tag for building new power plant is likely to be double 2020 estimate
ft.com
January 14, 2025 at 3:30 PM
"[Sizewell C] is due to start generating in 2029 at the earliest, and cost up to £46bn. That compares with initial expectations from 2016 that it would start at the end of 2025 and cost £18bn." Where else is 4 years and $30 billion off budget acceptable? ft.com/content/0b48...
Despite being heralded as model nuclear nation, France's EDF faces mounting debt from delays & cost overruns. Auditors warn against new builds until better prepared, as their 6-reactor plan hits €80B & projects like Flamanville-3 finished 12 years late. bloomberg.com/news/article...
French Socialist Head Says May Be Near Accord With Government
France’s Socialist Party may be nearing an agreement with Prime Minister Francois Bayrou in which it would support the government in exchange for concessions on a contentious reform of the pension sys...
bloomberg.com
January 14, 2025 at 3:30 PM
Despite being heralded as model nuclear nation, France's EDF faces mounting debt from delays & cost overruns. Auditors warn against new builds until better prepared, as their 6-reactor plan hits €80B & projects like Flamanville-3 finished 12 years late. bloomberg.com/news/article...
Spotify: open.spotify.com/episode/4wnW...
166. Green Equities Performance: Core vs Periphery
Redefining Energy · Episode
open.spotify.com
January 13, 2025 at 5:00 PM
Spotify: open.spotify.com/episode/4wnW...
+111% trailing 1Y* obvious if you look at 1Y chart but to avoid confusion
January 10, 2025 at 8:10 PM
+111% trailing 1Y* obvious if you look at 1Y chart but to avoid confusion
Hold politicians accountable. Do deserve blame for being asleep at wheel.
BUT ALSO keep the same energy when funding plans are proposed to invest proactively into infrastructure.
Transparency & accountability key here. Need to see where $ go and if they're spent well vs. grift.
BUT ALSO keep the same energy when funding plans are proposed to invest proactively into infrastructure.
Transparency & accountability key here. Need to see where $ go and if they're spent well vs. grift.
January 10, 2025 at 2:54 PM
Hold politicians accountable. Do deserve blame for being asleep at wheel.
BUT ALSO keep the same energy when funding plans are proposed to invest proactively into infrastructure.
Transparency & accountability key here. Need to see where $ go and if they're spent well vs. grift.
BUT ALSO keep the same energy when funding plans are proposed to invest proactively into infrastructure.
Transparency & accountability key here. Need to see where $ go and if they're spent well vs. grift.
Over the MT-LT, Climate change AMPLIFIES CONSEQUENCES OF POOR PLANNING and INCREASES VULNERABILITY POINTS. This reality should drive preventative action and infrastructure hardening TODAY. Scorecard doesn't get judged until future but it's moot after crisis hits.
January 10, 2025 at 2:54 PM
Over the MT-LT, Climate change AMPLIFIES CONSEQUENCES OF POOR PLANNING and INCREASES VULNERABILITY POINTS. This reality should drive preventative action and infrastructure hardening TODAY. Scorecard doesn't get judged until future but it's moot after crisis hits.