Will Mathis
@willmathis.bsky.social
Reporter at Bloomberg covering energy and climate change. Opinions are my own.
Norwegian green power developer Statkraft will stop developing new green hydrogen projects, just the latest company to pullback on the much hyped, but very expensive technology in recent months
Read my story from December about how the bubble burst:
www.bloomberg.com/news/newslet...
#energysky
Read my story from December about how the bubble burst:
www.bloomberg.com/news/newslet...
#energysky
May 8, 2025 at 7:31 AM
Norwegian green power developer Statkraft will stop developing new green hydrogen projects, just the latest company to pullback on the much hyped, but very expensive technology in recent months
Read my story from December about how the bubble burst:
www.bloomberg.com/news/newslet...
#energysky
Read my story from December about how the bubble burst:
www.bloomberg.com/news/newslet...
#energysky
Spanish PM Pedro Sanchez says rich energy company executives should pay to keep nuclear power plants operating if they want to keep them online
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
May 7, 2025 at 2:50 PM
Spanish PM Pedro Sanchez says rich energy company executives should pay to keep nuclear power plants operating if they want to keep them online
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
Just the latest major blow to offshore wind as Orsted discontinues the 2.4gw Hornsea 4 project because the investment no longer adds up. This is one of the world’s biggest offshore wind farms and is critical to the UK’s energy and climate goals
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
May 7, 2025 at 7:27 AM
Just the latest major blow to offshore wind as Orsted discontinues the 2.4gw Hornsea 4 project because the investment no longer adds up. This is one of the world’s biggest offshore wind farms and is critical to the UK’s energy and climate goals
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
Spain's wind and solar power have nearly surpassed all traditional sources. But spending on the grid has lagged behind.
During the past 5 years, Spain invested an average of $0.30 on the grid for every $1 spent on renewables, according to BloombergNEF.
www.bloomberg.com/news/article...
#energysky
During the past 5 years, Spain invested an average of $0.30 on the grid for every $1 spent on renewables, according to BloombergNEF.
www.bloomberg.com/news/article...
#energysky
May 6, 2025 at 10:21 AM
Spain's wind and solar power have nearly surpassed all traditional sources. But spending on the grid has lagged behind.
During the past 5 years, Spain invested an average of $0.30 on the grid for every $1 spent on renewables, according to BloombergNEF.
www.bloomberg.com/news/article...
#energysky
During the past 5 years, Spain invested an average of $0.30 on the grid for every $1 spent on renewables, according to BloombergNEF.
www.bloomberg.com/news/article...
#energysky
Danish wind turbine company Vestas released its earnings statement this morning. The company, which does a lot of business in the US, said that tariffs are likely going to drive up power prices
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
May 6, 2025 at 6:22 AM
Danish wind turbine company Vestas released its earnings statement this morning. The company, which does a lot of business in the US, said that tariffs are likely going to drive up power prices
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Apparently AI chat bots are getting worse, not better. Worth noting that companies like OpenAI lose tons of money and have no clear product to sell.
Worth having a listen to @edzitron.com’s podcast for a deep dive critical look at OpenAI I don’t see much
www.nytimes.com/2025/05/05/t...
Worth having a listen to @edzitron.com’s podcast for a deep dive critical look at OpenAI I don’t see much
www.nytimes.com/2025/05/05/t...
May 5, 2025 at 2:23 PM
Apparently AI chat bots are getting worse, not better. Worth noting that companies like OpenAI lose tons of money and have no clear product to sell.
Worth having a listen to @edzitron.com’s podcast for a deep dive critical look at OpenAI I don’t see much
www.nytimes.com/2025/05/05/t...
Worth having a listen to @edzitron.com’s podcast for a deep dive critical look at OpenAI I don’t see much
www.nytimes.com/2025/05/05/t...
Spain’s solar power output is expected to keep breaking records
May 2, 2025 at 8:01 AM
Spain’s solar power output is expected to keep breaking records
It's still unclear what exactly caused Spain's blackout Monday. But frequency data shows that the grid was already under stress for at least a half hour before the system broke.
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
April 30, 2025 at 3:01 PM
It's still unclear what exactly caused Spain's blackout Monday. But frequency data shows that the grid was already under stress for at least a half hour before the system broke.
www.bloomberg.com/news/article...
#energysky
www.bloomberg.com/news/article...
#energysky
Spain's grid operator said the blackout was caused by something called oscillation. Here's a little explanation on that and how it can cause a chain reaction that leads to a blackout.
Follow the @bloomberg.com live blog on the blackout here: www.bloomberg.com/news/live-bl...
#energysky
Follow the @bloomberg.com live blog on the blackout here: www.bloomberg.com/news/live-bl...
#energysky
April 28, 2025 at 2:11 PM
Spain's grid operator said the blackout was caused by something called oscillation. Here's a little explanation on that and how it can cause a chain reaction that leads to a blackout.
Follow the @bloomberg.com live blog on the blackout here: www.bloomberg.com/news/live-bl...
#energysky
Follow the @bloomberg.com live blog on the blackout here: www.bloomberg.com/news/live-bl...
#energysky
Massive power outage happening now in Spain. Here's a chart from the Spanish grid operator showing demand plummeting (the yellow line) as the blackout started
#energysky
demanda.ree.es/visiona/peni...
#energysky
demanda.ree.es/visiona/peni...
April 28, 2025 at 11:06 AM
Massive power outage happening now in Spain. Here's a chart from the Spanish grid operator showing demand plummeting (the yellow line) as the blackout started
#energysky
demanda.ree.es/visiona/peni...
#energysky
demanda.ree.es/visiona/peni...
Investment in renewable power surpassed investment in oil and gas back in 2020 and green power has just grown its lead since then
Read @davidfickling.bsky.social on looking past headlines that might make you think clean energy spending is down and out
www.bloomberg.com/opinion/arti...
Read @davidfickling.bsky.social on looking past headlines that might make you think clean energy spending is down and out
www.bloomberg.com/opinion/arti...
April 23, 2025 at 8:35 AM
Investment in renewable power surpassed investment in oil and gas back in 2020 and green power has just grown its lead since then
Read @davidfickling.bsky.social on looking past headlines that might make you think clean energy spending is down and out
www.bloomberg.com/opinion/arti...
Read @davidfickling.bsky.social on looking past headlines that might make you think clean energy spending is down and out
www.bloomberg.com/opinion/arti...
The UK government wants to cut down on red tape and let builders build.
Meanwhile the country’s only nuclear power plant under construction might be delayed again as EDF decides whether or not to build an underwater sound system for fish conservation
www.theguardian.com/business/202...
Meanwhile the country’s only nuclear power plant under construction might be delayed again as EDF decides whether or not to build an underwater sound system for fish conservation
www.theguardian.com/business/202...
January 30, 2025 at 2:42 PM
The UK government wants to cut down on red tape and let builders build.
Meanwhile the country’s only nuclear power plant under construction might be delayed again as EDF decides whether or not to build an underwater sound system for fish conservation
www.theguardian.com/business/202...
Meanwhile the country’s only nuclear power plant under construction might be delayed again as EDF decides whether or not to build an underwater sound system for fish conservation
www.theguardian.com/business/202...
Despite Trump's anti-wind executive orders, investment in new wind farms is set to surge in the coming years. As of now, it looks like Trump will beat his own record for new wind capacity added in a four-year term
www.bloomberg.com/news/newslet...
www.bloomberg.com/news/newslet...
January 30, 2025 at 8:54 AM
Despite Trump's anti-wind executive orders, investment in new wind farms is set to surge in the coming years. As of now, it looks like Trump will beat his own record for new wind capacity added in a four-year term
www.bloomberg.com/news/newslet...
www.bloomberg.com/news/newslet...
In 2024, solar panels produced more power than coal plants in the EU. Wind beat gas for a second straight year. Data via @ember-energy.org
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
January 23, 2025 at 9:00 AM
In 2024, solar panels produced more power than coal plants in the EU. Wind beat gas for a second straight year. Data via @ember-energy.org
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
The severing of Russian pipeline gas flows to Europe make the cover of Polish magazine Wprost
www.wprost.pl/tygodnik
www.wprost.pl/tygodnik
January 13, 2025 at 5:39 PM
The severing of Russian pipeline gas flows to Europe make the cover of Polish magazine Wprost
www.wprost.pl/tygodnik
www.wprost.pl/tygodnik
More bad news for green hydrogen: one of the most prominent electrolyzed makers, Norway’s Nel, says they’re halting production and laying off staff after orders failed to materialize and customers’ projects are delayed or at risk of cancelation
nelhydrogen.com/press-releas...
nelhydrogen.com/press-releas...
January 13, 2025 at 1:32 PM
More bad news for green hydrogen: one of the most prominent electrolyzed makers, Norway’s Nel, says they’re halting production and laying off staff after orders failed to materialize and customers’ projects are delayed or at risk of cancelation
nelhydrogen.com/press-releas...
nelhydrogen.com/press-releas...
In an interview with Bloomberg published last week, OpenAI CEO Sam Altman said he thinks the best way to prevent AI from hindering the fight against climate change is with fusion power, a technology he says won’t be ready for an unspecified number of years
🤔
www.bloomberg.com/features/202...
🤔
www.bloomberg.com/features/202...
January 13, 2025 at 10:07 AM
In an interview with Bloomberg published last week, OpenAI CEO Sam Altman said he thinks the best way to prevent AI from hindering the fight against climate change is with fusion power, a technology he says won’t be ready for an unspecified number of years
🤔
www.bloomberg.com/features/202...
🤔
www.bloomberg.com/features/202...
On the day when scientists confirm that global warming exceeded 1.5C on an annual basis for the first time in 2024, some other headlines that jump out:
Indonesia’s coal production hits a record
China’s coal production is set to rise for a ninth straight year
www.bloomberg.com/news/article...
Indonesia’s coal production hits a record
China’s coal production is set to rise for a ninth straight year
www.bloomberg.com/news/article...
January 10, 2025 at 11:19 AM
On the day when scientists confirm that global warming exceeded 1.5C on an annual basis for the first time in 2024, some other headlines that jump out:
Indonesia’s coal production hits a record
China’s coal production is set to rise for a ninth straight year
www.bloomberg.com/news/article...
Indonesia’s coal production hits a record
China’s coal production is set to rise for a ninth straight year
www.bloomberg.com/news/article...
Just an incredible chart showing the impact of the Inflation Reduction Act on U.S. manufacturing investment from this NYT piece:
www.nytimes.com/interactive/...
www.nytimes.com/interactive/...
December 29, 2024 at 2:45 PM
Just an incredible chart showing the impact of the Inflation Reduction Act on U.S. manufacturing investment from this NYT piece:
www.nytimes.com/interactive/...
www.nytimes.com/interactive/...
Solar power profits. Rising demand for new (cheaper) EVs. A long-awaited recovery for the wind industry. These are some of the reasons to be optimistic about the energy transition heading into 2025, by @davidfickling.bsky.social
www.bloomberg.com/opinion/arti...
www.bloomberg.com/opinion/arti...
December 24, 2024 at 10:53 AM
Solar power profits. Rising demand for new (cheaper) EVs. A long-awaited recovery for the wind industry. These are some of the reasons to be optimistic about the energy transition heading into 2025, by @davidfickling.bsky.social
www.bloomberg.com/opinion/arti...
www.bloomberg.com/opinion/arti...
Delays to subsidies in the US and EU haven’t helped. But that’s only part of the story. Developers have now progressed through detailed engineering and design studies and found that’s it’s more expensive than they thought to build plants. BNEF increased its cost estimate 56% for EU/US since 2022:
December 23, 2024 at 10:53 AM
Delays to subsidies in the US and EU haven’t helped. But that’s only part of the story. Developers have now progressed through detailed engineering and design studies and found that’s it’s more expensive than they thought to build plants. BNEF increased its cost estimate 56% for EU/US since 2022:
Once hyped as the next big thing in clean energy, the hydrogen bubble completely collapsed this year. Dozens of projects were cancelled. Jobs eliminated. Expectations lowered.
It all comes down to cost. It’s too expensive today and it’s going to stay expensive
www.bloomberg.com/news/article...
It all comes down to cost. It’s too expensive today and it’s going to stay expensive
www.bloomberg.com/news/article...
December 23, 2024 at 9:23 AM
Once hyped as the next big thing in clean energy, the hydrogen bubble completely collapsed this year. Dozens of projects were cancelled. Jobs eliminated. Expectations lowered.
It all comes down to cost. It’s too expensive today and it’s going to stay expensive
www.bloomberg.com/news/article...
It all comes down to cost. It’s too expensive today and it’s going to stay expensive
www.bloomberg.com/news/article...
UK wind farms are set to produce more power than coal and gas plants this year
Subscribe to the @bloomberg.com Energy Daily newsletter and read more here:
www.bloomberg.com/news/newslet...
#energysky
Subscribe to the @bloomberg.com Energy Daily newsletter and read more here:
www.bloomberg.com/news/newslet...
#energysky
December 16, 2024 at 1:00 PM
UK wind farms are set to produce more power than coal and gas plants this year
Subscribe to the @bloomberg.com Energy Daily newsletter and read more here:
www.bloomberg.com/news/newslet...
#energysky
Subscribe to the @bloomberg.com Energy Daily newsletter and read more here:
www.bloomberg.com/news/newslet...
#energysky
China’s solar panel makers just formed the OPEC of renewable energy.
The biggest manufacturers of solar equipment have essentially formed a cartel and have agreed to production quotas next year in response to soaring supplies that have destroyed profits
www.bloomberg.com/news/article...
The biggest manufacturers of solar equipment have essentially formed a cartel and have agreed to production quotas next year in response to soaring supplies that have destroyed profits
www.bloomberg.com/news/article...
December 9, 2024 at 12:42 PM
China’s solar panel makers just formed the OPEC of renewable energy.
The biggest manufacturers of solar equipment have essentially formed a cartel and have agreed to production quotas next year in response to soaring supplies that have destroyed profits
www.bloomberg.com/news/article...
The biggest manufacturers of solar equipment have essentially formed a cartel and have agreed to production quotas next year in response to soaring supplies that have destroyed profits
www.bloomberg.com/news/article...
China is set to add a record 260 gigawatts of solar this year.
For perspective, that’s more than the total added globally in 2022, which was a record year.
It’s nearly 6x more than the US, the second-biggest market, is set to add this year
www.bloomberg.com/news/article...
#energysky
For perspective, that’s more than the total added globally in 2022, which was a record year.
It’s nearly 6x more than the US, the second-biggest market, is set to add this year
www.bloomberg.com/news/article...
#energysky
December 5, 2024 at 12:34 PM
China is set to add a record 260 gigawatts of solar this year.
For perspective, that’s more than the total added globally in 2022, which was a record year.
It’s nearly 6x more than the US, the second-biggest market, is set to add this year
www.bloomberg.com/news/article...
#energysky
For perspective, that’s more than the total added globally in 2022, which was a record year.
It’s nearly 6x more than the US, the second-biggest market, is set to add this year
www.bloomberg.com/news/article...
#energysky