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Sarastro

@financeguy.bsky.social
1.8K followers 638 following 661 posts

Institutional money manager 🇬🇧🇨🇭🇫🇷 Markets, energy, history, politics

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Reposted by Sarastro
Lauri Myllyvirta @laurimyllyvirta.bsky.social · 03/09/2026
Read the full article at: www.carbonbrief.org/analysis-chi...
carbonbrief.org
Analysis: China’s CO2 emissions fall in Q2 2026 due to plummeting oil use - Carbon Brief
China’s carbon dioxide (CO2) emissions fell by 1% in the second quarter of 2026, as oil consumption plummeted amid the strait of Hormuz crisis.
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Ember @ember-energy.org · 03/09/2026
Europe can unlock 25 GW of new renewables by adding them to existing hydropower sites, bypassing grid capacity constraints 🇪🇺🔐 This strategy is called hybridisation – and it’s becoming increasingly important for countries facing gridlock. Elisabeth Cremona explains in our new #VideoBrief 🎥
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David Roberts @volts.wtf · 16/08/2026
Solar getting more efficient all the time.
pv-magazine-usa.com
The world’s most efficient solar panel goes on sale later this year - pv magazine USA
Solar manufacturer Tandem PV has secured nearly $1 billion in Letter of Intent (LOI) agreements for its next-generation solar modules. The high-efficiency panels feature a perovskite-silicon 4T (four-...
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The Stinkfoot @thestinkfoot.bsky.social · 16/08/2026
It's hard not to think that stories about "Made in the USA" green energy leadership would be common if Trump didn't shoot US industry in the foot in his quest to prop up his oil baron buddies.
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ironeconomist.bsky.social @ironeconomist.bsky.social · 10/08/2026
Future is going to be wild in latitudes that are sunny all year round. This is firm power at around 1/2 of the cost the uk is paying for raw wind generation.
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ironeconomist.bsky.social @ironeconomist.bsky.social · 16/08/2026
Solar price declines not over yet!
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Sarastro @financeguy.bsky.social · 16/08/2026
This is a panel from Tandem with 30.4% efficiency compared with the best in the market - from LONGI- at around 25% today www.pv-magazine.com/2026/08/14/t...
pv-magazine.com
The world’s most efficient solar panel goes on sale later this year - pv magazine Global
Solar manufacturer Tandem PV has secured nearly $1 billion in Letter of Intent (LOI) agreements for its next-generation solar modules. The high-efficiency panels feature a perovskite-silicon 4T (four-...
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Sarastro @financeguy.bsky.social · 13/08/2026
Even in markets with the highest solar shares globally, fossil generation continues to dominate non-sunny hours, .. [but] ..fully unlocking the next phase of growth needs extending solar into the non-sunny hours. Batteries are doing exactly that ember-energy.org/latest-insig...
ember-energy.org
Batteries have unlocked the era of anytime solar | Ember
Solar hit a record 10% of global electricity in the first half 2026, a quarter at midday and near zero at night. Now, battery storage is unlocking the next stage of solar growth in the non-sunny hours...
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Sarastro @financeguy.bsky.social · 10/08/2026
This is an auction for 1GW of firm (I.e 24/7/365) renewables plus batteries. At US 5.5 us $ cents /kWh it is the lowest price that has ever been achieved, reflecting the falling costs of battery and solar costs. www.pv-magazine.com/2026/08/10/s...
pv-magazine.com
India's round-the-clock renewables tender attracts lowest bid of $0.055/kWh - pv magazine Global
The Solar Energy Corp. of India (SECI) has discovered a lowest tariff of INR 5.25/kWh in its tender to procure 1 GW of firm and dispatchable renewable energy (FDRE) on a round-the-clock (RTC) basis fr...
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Sarastro @financeguy.bsky.social · 04/05/2026
“Solar prices are tumbling. The “levelised” cost of solar power, which combines capital and operating cost (though does not account for the “system costs” imposed by renewables’ intermittency) has plunged by around 90% since 2010.“ economist.com/finance-and-... from The Economist
economist.com
Renewables are shining. The Iran war amplifies their appeal
Two new reports are a must-read of energy-starved governments
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Sarastro @financeguy.bsky.social · 03/05/2026
As of April 2026, the subcontinent has achieved over 50% of its installed electricity capacity from non-fossil sources — reaching this milestone five years ahead of its 2030 Paris Agreement target. gulfnews.com/world/asia/i...
gulfnews.com
India hits milestone: Renewable energy generation — 5 years ahead of 2030 Paris Agreement target
India hits its Paris climate target early with over half of power capacity from renewables, driven by solar, wind, AI data centres and grid upgrades.
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Sarastro @financeguy.bsky.social · 04/04/2026
This is a very interesting short piece that gets to the core issues… open.substack.com/pub/gerardre...
open.substack.com
The Energy Shock Reshaping the Global Economy
The most important consequence of the ongoing crisis in the Gulf will most likely not be the military headlines but the economic shock that follows as rising energy prices spread across the global eco...
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Sarastro @financeguy.bsky.social · 02/04/2026
“With the LNG drought pushing up electricity prices and photovoltaics providing a cheaper… alternative, a boom in rooftop solar is far more likely than a return to coal. Don’t look under the ground for the solution to the LNG crisis. The answer is in the skies.” www.bloomberg.com/opinion/arti...
bloomberg.com
The LNG Shock Isn’t Driving Asia Back to Coal
If you’re given to the Sickos Guy view of world events, there’s one obvious way to make the current crisis in the Middle East look just that little bit more disastrous: As well as starving us of energ...
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Sarastro @financeguy.bsky.social · 31/03/2026
www.independent.co.uk/news/science...
independent.co.uk
Scientists achieve ‘impossible’ solar efficiency in renewables breakthrough
‘Spin-flip’ technique promises to shatter efficiency limits
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Sarastro @financeguy.bsky.social · 31/03/2026
“The main message is that we’re going to get the energy transition forced on us in a very painful way that’s going to happen very quickly.” www.bloomberg.com/graphics/202...
bloomberg.com
The Strait of Hormuz Oil Shock Is Now Heading West
US government officials and Wall Street analysts are starting to consider the prospect that oil prices might surge to an unprecedented $200 a barrel.
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Sarastro @financeguy.bsky.social · 27/03/2026
“Compare India today with China at equivalent income levels. In 2012, China had negligible solar, and coal demand showed no signs of slowing. India in 2025 generates 9% of its electricity from solar, uses barely a quarter of the coal per person, and is already approaching its coal generation peak.”
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Atmospheric Sciences @atmsciences.bsky.social · 22/03/2026
The current energy crisis might globally speed-up the energy transition in an unprecendented reduction in fossil fuel use. In eg India, SE Asia EV for cars and solar + batteries instead of unsteady petrol, gas en coal imports.
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Engineeringdude @engtechnic.bsky.social · 22/03/2026
the solar and wind buildouts getting stifled, and fighting against electric cars, are how this country is getting left behind, you cannot claim to be capitalist if you and fighting against global market forces
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Will (Stand On Guard) Hutchings🫐 @thecrazedspruce.bsky.social · 22/03/2026
This is the REAL reason Trump hates solar power and wind turbines. Solar and wind power mean energy independence. Which means the oil, gas, and coal industries that fund his regime lose a major part of their market. Fuck the environment. Fuck other countries. Only corporate profits matter.
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Justin Mikulka @justinmikulka.bsky.social · 22/03/2026
India was supposed to be a huge new market for LNG (liquefied methane). Much of it from Qatar. We were told it would replace coal. Even before Hormuz sent their LNG prices soaring, India had done the math and is moving to solar, wind and storage. Replacing coal as they go, just not with LNG.
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Sarastro @financeguy.bsky.social · 22/03/2026
“The jump in renewables is expected to reduce India's dependence on coal as a primary source of electricity generation to 49% by 2035-36, from more than 70% currently, according to the National Generation Adequacy Plan released by the Central Electricity Authority.” www.vccircle.com/indiasolar-t...
vccircle.com
India solar to quadruple, wind to triple over a decade
India's solar power capacity is expected to quadruple over the next decade, while wind energy capacity could triple, according to a report published...
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Sarastro @financeguy.bsky.social · 12/03/2026
“Thanks to .. falling costs, batteries are now seizing the role of last marginal generator… Electricity from a four-hour battery is now cheaper in almost every market that depends on LNG.... Even Saudi Arabia can now provide solar-plus-storage for less than gas.” www.bloomberg.com/opinion/arti...
bloomberg.com
Energy Falling Below $100 Shows the World a Way Out
Worried about the way crude oil has stampeded above and then back below $100 a barrel in a matter of hours this week? What if I told you that another crucial component of energy prices has just slumpe...
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Nicolas Fulghum @nicolasfulghum.bsky.social · 14/01/2026
UK AR7 auction results are out today 🍃⚡ Excellent results with over 8 GW of capacity! The strike price of £91/MWh for England/Wales fixed projects was significantly below the administrative strike price of £113/MWh that so many reported on last year, but was always the upper limit.
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Sarastro @financeguy.bsky.social · 24/11/2025
www.pv-magazine.com/2025/11/24/i...
pv-magazine.com
India awards 1 GW of round-the-clock renewables at INR 4.35/kWh
Railway Energy Management Co. Ltd. (REMCL) has awarded 1 GW of round-the-clock renewable energy capacity at INR 4.35 ($0.049)/kWh, with six developers securing allocations that will supply firm clean ...
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Sarastro @financeguy.bsky.social · 21/09/2025
Much cheaper than coal. m.economictimes.com/industry/ren...
m.economictimes.com
Madhya Pradesh secures record-low price for solar-plus-storage power project
Madhya Pradesh has achieved India's lowest price for solar power with battery storage through a clean energy auction, with CEIGALL India and ACME Solar winning tenders. This deal could potentially res...
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Andrew Sissons @acjsissons.bsky.social · 05/08/2025
I want to come back properly on this Economist piece that questions Britain's approach to net zero. It gets three things wrong imo: 1. Ignoring periods of v cheap renewable energy 2. Misdiagnosing the relative costs of renewables 3. Looking backwards, not forwards.
economist.com
Is Britain’s net-zero push to blame for its high energy prices?
A mighty rise in electricity costs has complicated the drive for clean power
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Commercial Solar Guy @commercialsolarguy.com · 29/07/2025
Large chunk of the world won’t care about oil embargoes very soon
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Sarastro @financeguy.bsky.social · 19/07/2025
Solar panels from $0.1/w ..
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Alex de Campi @alexdecampi.bsky.social · 14/07/2025
I think a big reason prices are so low in SA is that, while the costs of solar and BESS are falling yearly, Chinese manufacturers are also just undercutting everyone else in open/no tariff markets—see the two SA BESS systems that were priced at ~72/kWh: www.linkedin.com/posts/mlkubi...
linkedin.com
📰 BESS prices outside China have just hit some fresh record lows – here's the latest on international #energystorage market benchmarks: | Marek Kubik
📰 BESS prices outside China have just hit some fresh record lows – here's the latest on international #energystorage market benchmarks: 💰 Some fresh public data has just dropped, and it’s clear ...
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Urban Dispatch @urbandispatch.bsky.social · 14/07/2025
Saudi Arabia is installing solar for 1.4 cents per kWh and is on pace for a 50% renewables electricity grid by 2030 In CT our standard offer rate is 9.7 cents per kWh for supply. Obviously we aren't a desert but it seems pretty feasible we can do a lot better than Natural Gas Ned is planning for
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Trending Finance @trending-finance.bsky.social · 14/07/2025
Sunny deals: Solar prices shine! #finsky
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Michael Love @elkmovie.bsky.social · 14/07/2025
Desalination seems to currently use about 3 kWH per cubic meter, so at these prices, the water needed to grow a pound of almonds would cost you around $0.30
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Sarastro @financeguy.bsky.social · 14/07/2025
Yesterday the Saudi Government’s Renewables procurement body signed 7 agreements for PPAs with ACWA relating to 15 GW of solar power, the largest single deal that has been signed to date and significantly boosting the Kingdom’s plans to decarbonise its electricity grid by 2030. on.ft.com/4eSvrYa
on.ft.com
Saudi Arabia to boost renewable energy with $8bn investment
ACWA Power leads consortium that will build five solar and two wind projects in the kingdom
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Andrew Sissons @acjsissons.bsky.social · 14/07/2025
Sorry to wade into the air con wars again, but... I spoke to @jim.londoncentric.media last week about why more homes in London don't have air con. The bottom line is: air con in Britain is almost always a heat pump, and heat pumps are good for the climate www.londoncentric.media/p/why-london...
londoncentric.media
Why London homes don't have air con
Plus: Lego asks the London Conservatives to stop using yellow bricks to mock Sadiq Khan — and do you want to live in a former aircraft factory in Zone 3?
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Sarastro @financeguy.bsky.social · 14/07/2025
“The UK’s sea level is rising faster than the global average and at an accelerating rate… Sea levels have risen by 13.4cm in the UK since 1993, compared with a global average of 10.6cm, according to the annual state of the UK climate report published on Monday.” on.ft.com/4lzrgmM
on.ft.com
UK sea level rising faster than global average, study finds
Britain is getting wetter and warmer as new temperature records become norm
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Sarastro @financeguy.bsky.social · 12/07/2025
“..the unlevered after-tax IRRs of TEF .gas.. power projects have unlevered after-tax IRRs of 3%-28%, a sharp drop from pre-2025 levels as capital costs have surged by as much as threefold.“ www.enverus.com/newsroom/str...
enverus.com
Stranded sparks: Rising costs threaten viability of Texas Energy Fund projects | Enverus
Enverus Intelligence® Research (EIR) has released a report that analyzes how rising capital costs and supply chain delays have affected natural gas-fired power projects under the Texas Energy Fund (TE...
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Owe Jessen @owejessen.de · 30/06/2025
"In a ... hint of past financial turmoil, mortgage defaults begin to rise, along with ... credit card delinquencies. But this time, it’s different. Unlike other financial disasters, the underlying cause of this one is not financial, it is physical, and it is not clear how it will ever end."
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Sarastro @financeguy.bsky.social · 29/06/2025
This is thought provoking from the FT. It’s already clear (as I have previously discussed in this stream) that insurance companies are raising premiums and withdrawing cover for housing in some US states given the frequency and intensity of wildfires, storms and hurricaines. on.ft.com/46dSz0R
on.ft.com
How the next financial crisis starts
The climate shocks that could trigger wider market turmoil
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Sarastro @financeguy.bsky.social · 26/06/2025
Here’s Prime Minister of Jamaica, Andrew Holness, discussing how solar and batteries can help reduce power prices across the economy www.facebook.com/share/r/16aF...
facebook.com
Redirecting...
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Sarastro @financeguy.bsky.social · 22/06/2025
The fall in price of solar panels and the continued increase in their efficiency has led to a big fall in power generated by solar. The same has been true of batteries. ember-energy.org/latest-insig...
ember-energy.org
Solar electricity every hour of every day is here and it changes everything | Ember
Batteries are now cheap enough to unleash solar energy’s full potential, getting as close as 97% of the way to delivering constant electricity supply 24 hours across 365 days cost-effectively in the s...
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Sarastro @financeguy.bsky.social · 20/06/2025
It is certainly true that climate change risks are long-tailed risks. But the market is a discounting mechanism and long term risks are increasingly being reflected in short term profitability via the insurance market. Investors should watch these carefully. www.bloomberg.com/news/newslet...
bloomberg.com
Insurers Want Businesses to Wake Up to Costs of Extreme Heat
Today’s newsletter looks at the “invisible peril” of extreme heat and how it's becoming a growing risk to businesses worldwide. Later, read our scoop on an internal US government memo outlining ways t...
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Sarastro @financeguy.bsky.social · 20/06/2025
The big take-way from the crisis is that the drive to shift away from imported hydrocarbons to renewables and batteries was the right strategy on cost and risk grounds.. www.ft.com/content/c139...
ft.com
China’s bet on Iranian oil and Middle East influence turns sour
President Xi is likely to double down on energy independence drive as Strait of Hormuz risks rise
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Sarastro @financeguy.bsky.social · 20/06/2025
Your regular reminder that the output of the French nukes, marvellous as they are, are sensitive to weather conditions www.bloomberg.com/news/article...
bloomberg.com
EDF May Curb French Nuclear Output From June 25 Due to Heat Wave
Electricite de France SA said a heat wave that’s spreading across the country may force it to curb nuclear output from June 25 due to the rising temperature of the Rhone river that’s used for cooling ...
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Sarastro @financeguy.bsky.social · 18/06/2025
We once thought that economic growth in China would led to huge increases in demand for oil as people bought and drove more cars, industry needed more energy and people took more planes to more places.
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Sarastro @financeguy.bsky.social · 12/06/2025
www.reuters.com/sustainabili...
reuters.com
India coal-fired power output falls at fastest pace in five years in May
India's coal-fired electricity generation in May fell at the fastest pace in five years, as overall power demand declined for the first time since August and renewable energy generation rose to a record high, a Reuters analysis of government data showed.
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Sarastro @financeguy.bsky.social · 11/06/2025
“..the team also concluded that the enhancement in cooling efficiency extends the operational lifespan of PV panels by over 200% and reduces the levelized cost of electricity by 18%…” www.pv-magazine.com/2025/06/09/n...
pv-magazine.com
New cooling gel could raise PV module efficiency by 12%
Researchers in Saudi Arabia have developed a hydrogel composite that absorbs moisture in solar modules overnight and facilitates evaporative cooling throughout daylight hours. The system has undergone...
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Sarastro @financeguy.bsky.social · 07/06/2025
“Most of the electricity in India…still comes from coal, one of the dirtiest forms of energy. But coal’s dominance is dropping, going from 60% of installed power capacity 11 years ago to less than 50% today, according to India’s power ministry.” apnews.com/article/clim...
apnews.com
India, a major user of coal power, is making large gains in clean energy adoption. Here is how
India, one of the most carbon-polluting countries, has witnessed sharp growth in renewable energies like solar and wind.
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Sarastro @financeguy.bsky.social · 03/06/2025
“The plant also pioneers the use of a grid-forming energy storage system capable of autonomously adjusting voltage and frequency during grid fluctuations or outages. www.ess-news.com/2025/06/03/c...
ess-news.com
China launches world’s first grid-forming sodium-ion battery storage plant - Energy Storage
The Baochi Storage Station in Yunnan integrates lithium and sodium-ion technologies at scale, a global first, aiming to stabilize renewable energy and cut costs as China accelerates its energy transit...
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Sarastro @financeguy.bsky.social · 31/05/2025
"When a $7,700 high quality EV car emerges, cheaper than a lap-top, a 30kWh mobile storage unit as well.. it is difficult to avoid the idea we have crossed an energy threshold We don't need our spreadsheets on this day to declare [that energy] transition… is real” open.substack.com/pub/harryben...
open.substack.com
The Seagull
The car that signals the energy transition is fast underway
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Zane Selvans @zaneselvans.org · 31/05/2025
That's at least 2x as much as I've ever paid for a laptop. But still. How is it even possible to make a whole car for like, 2x the cost of a nice work laptop? How can this car cost the same amount as a nice German adventure bicycle? Is it just mass production and short domestic supply chains?
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