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Jones Thomas

@greenscalecapital.com
159 followers 456 following 36 posts

Infrastructure and cleantech project finance Infrastructure investor, former family office PM, Engineer. Views my own Follow for clean tech finace news, policy, and tech.

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Reposted by Jones Thomas
Nicolas Fulghum @nicolasfulghum.bsky.social · 23/08/2025
French hydro power just had its lowest July output in a decade due to lingering effects of droughts and hot temperatures 🌡️ in the spring and summer 🇫🇷 In contrast, last year had seen some of the highest hydro output in the last decade.
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Jan Rosenow @janrosenow.bsky.social · 22/08/2025
Record momentum for UK battery storage! Planning approvals hitting new highs amid a surge in apps for renewables. 100+ battery storage filings April-June 2025: 8.4 GW—double last year. Year to June: 30 GW across ~400 schemes. UK needs 23-27 GW by 2030 (from 6 GW now)—if delivered, we're there.
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Reuters @reuters.com · 06/08/2025
Germany moves to fast-track geothermal energy projects reut.rs/3HcQGrk
reut.rs
Germany moves to fast-track geothermal energy projects
Germany's cabinet approved a draft law on Wednesday aimed at fast-tracking the rollout of geothermal energy projects, as part of its goal to eliminate fossil fuel-based heating by 2045.
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Simon Mahan @simonmahan.bsky.social · 04/08/2025
"If greenfield power plants take two and half to three years to get built and you cannot get a gas turbine until 2030, when are you going to be online?  In 2032 or 2033. I have data centers hoping to open in 2026 and 2027. How are we going to bridge this?" www.projectfinance.law/publications...
projectfinance.law
The Shift Back to Gas | Norton Rose Fulbright
The federal government is making a concerted effort to promote construction of new power plants that burn fossil fuels.
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Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 01/08/2025
New tariff executive order just released, and the official start date for tariffs was pushed to next week from instead of tomorrow, but we're raising tariffs for roughly 68 countries plus the EU, with some tariffs now as high as 41%. Literally Liberation Day 2 Electric Boogaloo.
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Oliver Darcy @oliverdarcy.bsky.social · 18/07/2025
We were first to report at @status.news last week that Colbert and Jon Stewart were on thin ice with the Paramount-Skydance merger imminent. www.status.news/p/skydance-c...
status.news
Ellison’s Late-Night Limbo
As the Ellisons prepare to take over Paramount, the future of Stephen Colbert, Jon Stewart, and CBS’ appetite for political comedy hangs in the balance.
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Politico @politico.com · 17/07/2025
EXCLUSIVE: Solar and wind energy projects must now get the Interior Secretary’s personal sign-off to receive permits across the hundreds of millions of federal acres under his department’s control. ​​The Interior directive puts wind and solar projects under heightened scrutiny.
politico.com
Trump administration taking new steps to block wind and solar projects, undisclosed memo says
The directive puts these renewable energy projects under heightened scrutiny at Interior in a move that could slow approvals and construction.
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Tyler Norris @tnorris.bsky.social · 17/07/2025
Mass layoffs in the US power sector begin following the Big Beautiful Bill: -20% RIF yesterday at New Leaf Energy -15% RIF today at Pine Gate Renewables -Enel suggesting potential exit from US renewable market More likely to come, along with project delays and cancellations
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jae holzman @jael.bsky.social · 13/07/2025
So I spent 24 hours talking to lots of X power users about what it would take for them to leave and come here after MechaHitler. It’s actually pretty simple: 1) Private accounts. 2) DM group chats. 3) How-to guides on using the site. @bsky.app should do this stuff.
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Reuters @reuters.com · 12/07/2025
Trump announces 30% tariffs on EU and Mexico reut.rs/3TARKb6
reut.rs
Trump announces 30% tariffs on EU and Mexico
Goods imported from both the European Union and Mexico will face a 30% U.S. tariff rate starting Aug. 1, U.S. President Donald Trump said in letters posted to his social media platform on Saturday.
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Tor "SolarFred" Valenza @torsolarfred.bsky.social · 06/07/2025
Sunnova solar assets stable, paying interest, while bankruptcy continues #energysky -- via pv magazine global: www.pv-magazine.com/...
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Sahil Kapur @sahilkapur.bsky.social · 01/07/2025
NEW: Tucked inside the GOP mega-bill is an excise tax for solar and wind. And Republicans say they have no idea who put this provision in, or why. "I don't know where it came from," Senate Budget Chair Lindsey Graham, who released the bill, tells NBC News. www.nbcnews.com/politics/con...
nbcnews.com
A megabill mystery: New solar and wind tax comes as a surprise to Republican senators
"I don't know where it came from," Sen. Lindsey Graham, R-S.C., the chairman of the Senate Budget Committee, told NBC News after he released the 940-page legislation.
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The Wall Street Journal @wsj.com · 29/06/2025
Senate Republicans stunned the power industry over the weekend with a proposed new tax on wind and solar projects, part of a broader push to unravel incentives for renewable energy.
on.wsj.com
Senate Megabill Stuns the Clean Energy Industry With a New Excise Tax
Elon Musk calls the Senate’s latest version of the spending bill ‘utterly insane and destructive.’
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Unusual Whales @unusualwhales.bsky.social · 25/06/2025
BREAKING: US Director of Federal Housing Pulte: Today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
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Alexander C. Kaufman @alexckaufman.bsky.social · 25/06/2025
The wait time for a gas turbine in the U.S. is now up to *7 years*
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Rob @robertferry.bsky.social · 22/06/2025
Solar + storage is now $104 per MWh in Las Vegas or similar regions for nearly 100% clean firm power. There is no way new nuclear can compete with this. Even new gas plants will struggle and that is assuming access to cheap gas over the life-cycle of the plant, which is kind of a crazy gamble TBH.
electrek.co
Batteries are so cheap now, solar power doesn’t sleep
Batteries are now cheap enough to make 24/7 solar power affordable, unlocking round-the-clock clean energy in the world’s sunniest cities.
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Simon Evans @drsimevans.carbonbrief.org · 19/06/2025
NEW: UK govt "10-year infrastructure strategy" has a full chapter on "becoming a clean energy superpower" It's actually much broader than that, summarising everything govt is doing to decarbonise the UK economy, from power to heat, transport and waste assets.publishing.se...
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Luke Kawa @ljkawa.bsky.social · 17/06/2025
Back in February, Plug Power CEO Andy Marsh told us that Congress wouldn’t do...exactly what it looks like Congress is trying to do sherwood.news/markets/plug... $PLUG
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Jesse D. Jenkins @jessedjenkins.com · 16/06/2025
The Senate Finance committee just dropped their draft text for the Republican budget bill. www.finance.senate.gov/chairmans-ne... Like the House, it is hot trash and terrible for America. But it is marginally better for clean energy credits. Some key details... 🔌💡 🔌🚗
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Jaap Burger @jaapburger.eu · 13/06/2025
🇳🇴 Norway is supporting the construction of potentially the world’s biggest electric container ships 🚢🔋, amongst other vessels. The two ships, which are capable of carrying 850 containers, will sail between Norway, Sweden and Germany with a 100 MWh battery.
kommunikasjon.ntb.no
Verdens største elektriske containerskip | Enova
Enova gir rundt 362 millioner kroner i støtte til sju elektriske fartøy og fire ladeanlegg. Blant prosjektene er det som kan bli verdens største batterielektriske containerskip, et gjennombrudd for ut...
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Brad Plumer @bradplumer.bsky.social · 30/05/2025
full list of canceled awards here....
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Financial Times @financialtimes.com · 29/05/2025
Foreign tax provision in Trump budget bill spooks Wall Street www.ft.com/content/b400009a-9a0e-4e…
ft.com
Foreign tax provision in Trump budget bill spooks Wall Street
Legislation would erode the appeal of US financial assets, banks and investors say
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Emily Pontecorvo @emilypont.bsky.social · 12/05/2025
Here is a rundown of exactly how the GOP proposal would change every clean energy tax credit. While it looks like a bunch of nips and tucks, it's probably more akin to a full repeal. More analysis from us to come. heatmap.news/politics/way...
heatmap.news
The House GOP Tax Proposal Would Effectively Kill The IRA
The Ways and Means Committee released its proposed budget language, and it’s not pretty for clean energy.
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John Hanger @jrfhanger.bsky.social · 12/05/2025
Good morning with good news: Average price of lithium ion battery packs plunged to $115 USD/kWh in 2024, a 20% cost reduction from 2023. and down 84% from a decade ago. So, battery deployment skyrocketed 67%/year over the last decade to 69 GW in 2024. #energysky ember-energy.org/app/uploads/...
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Jesse D. Jenkins @jessedjenkins.com · 12/05/2025
The House Republican's budget bill is starting to drop. It extends trillions in tax cuts for the wealthy while effectively crippling US manufacturing & energy industries and raising energy costs. It's effectively full repeal of the IRA. Here's tax portion waysandmeans.house.gov/wp-content/u... 🔌💡
waysandmeans.house.gov
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Jones Thomas @greenscalecapital.com · 12/05/2025
Quick thoughts on the revised Budget's impact on IRA now that we have the draft from Ways & Means. Highlights: - Phase out ITC and PTC now starting in 2029 - Kills 25D residential credit by end of year - Ends Tax credit transfer ! - Kills 30D EV credit by end of year www.reuters.com/sustainabili...
reuters.com
US House targets big climate, clean energy rollbacks in budget proposal
U.S. House lawmakers laid out plans on Sunday to phase out key clean energy tax credits, as well as slash billions in spending related to electric vehicles and renewable energy, fast-track gas exports and claw back unspent climate-related funds as part of the Republicans' attempt to pass a multi-trillion-dollar budget to carry out President Donald Trump's agenda.
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Unusual Whales @unusualwhales.bsky.social · 12/05/2025
It is very clear now that unusual trading before news is happening. Take Friday. Right before close, in the FINAL MINUTES of the market, traders bought MILLIONS in $SPY calls, the largest volumes of days. These calls were all OTM, expirying the next Wednesday & Friday (!!!).
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Evergreen Action @evergreenaction.bsky.social · 12/05/2025
NEW ANALYSIS: our policy team has rapidly analyzed the most recently released portion of the GOP's proposed spending bill. Here's what they found—and why the sweeping cuts will harm your pocketbooks, health, and our planet. ⬇️ www.evergreenaction.com/press/rapid-...
evergreenaction.com
Rapid Analysis: House GOP’s Proposed Clean Energy Repeal and What it Means for the Affordability Crisis
The GOP’s proposed budget reconciliation bill kills jobs and raises household energy costs. Here’s our latest analysis.
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John Hanger @jrfhanger.bsky.social · 06/05/2025
Amazing! ERCOT (most of Texas) will double its solar capacity from ~28 GW in 2024 to ~56 GW or even more in 2027! ERCOT quadrupled its solar capacity from 2020 to 2024 to reach ~28 GW. Credit to Jesse Peltan. #energysky
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Jan Rosenow @janrosenow.bsky.social · 05/05/2025
Batteries are rewriting the rules of grid stability in Texas. New data shows battery storage now dominates ERCOT’s ancillary services: 🔋 Over 50% of awards for Regulation Up & Responsive Reserves gone to batteries since 2022. 🛢️ Coal & gas? Routinely below 20%. Not just a shift but a revolution.
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John Kostyack @kostyack.bsky.social · 05/05/2025
PJM, the nation's largest electricity market, has approved a plan to allow 33 gas-fired power plants to jump the interconnection queue to meet the explosive demand growth caused by data centers. No solar & only one wind project selected. www.eenews.net/articles/pjm...
eenews.net
PJM prioritizes 51 projects to meet rising power demand
Gas-fired generation accounts for two-thirds of projects selected to move swiftly toward a grid connection. Batteries and a nuclear plant also got the nod.
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The Associated Press @apnews.com · 03/05/2025
BREAKING NEWS: Warren Buffett shocks shareholders by announcing his intention to retire from Berkshire Hathaway at the end of the year.
bit.ly
Buffett says U.S. shouldn't use "trade as a weapon" as Trump has done with tariffs
Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn’t use “trade as a weapon” and anger the rest of the world like President Donald Trump has done with his tariffs that roiled global markets.
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Guy Berger @econberger.bsky.social · 02/05/2025
Jobs day charts! 1/ A solid nonfarm payrolls gain (+177K) in April (mid-April to be precise), with about -58K in net revisions to the prior two months. We're averaging about 150K in NFP gains per month.
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David Dayen @ddayen.bsky.social · 30/04/2025
This is all very weedy and the attached press release seems to be talking about goods above $800, but @wallachlori.bsky.social is the most knowledgeable source here and she says it's a full cave. Thread on X is here. x.com/WallachLori/...
BREAKING: Trump admin just whacked tariff collection & import inspection w/ a waiver of Customs rules! This undercuts promised May 2 end of de minimis loophole tariff evasion for China’s goods & “Liberation Day” revenue. Why? DHL is bragging re “constructive dialogue” w/ admin.
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Reuters @reuters.com · 30/04/2025
US economic growth contracted by 0.3% in the first quarter, falling considerably short of Wall Street consensus estimates reut.rs/3YQiNSE
reut.rs
US economy contracts in the first quarter; tariffs unleash flood of imports
The U.S. economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy.
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ryan cooper @ryanlcooper.com · 30/04/2025
have to imagine this is the kiss of death for most of the EV charger startup companies but long term excellent news for EVs in general youtu.be/_UIVp8Upvj8?...
youtu.be
Walmart's Plan To Blanket The US With The Walmart EV Charging Network
YouTube video by State Of Charge
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Alexander C. Kaufman @alexckaufman.bsky.social · 30/04/2025
My first piece for @latitudemedia.bsky.social is out. It's about the four bills in California that aim to make the state the No. 1 destination for geothermal developers. www.latitudemedia.com/news/why-cal...
latitudemedia.com
Why California lawmakers are warming to geothermal
A suite of legislation aims to draw the hot-rock power industry growing in Nevada and Utah to the Golden State.
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David Klion @davidklion.bsky.social · 28/04/2025
Lots of great details in @semaforben.bsky.social's latest; extremely helpful for mapping out who is influencing whom on the right. Have been thinking for a while that private groupchats are at least as crazymaking as public social media, and much harder to study.
semafor.com
The group chats that changed America
A loose private network on Signal and WhatsApp helped usher in the new alliance between Silicon Valley and Donald Trump’s new right.
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Jesse D. Jenkins @jessedjenkins.com · 25/04/2025
😲 “We built our last gas-fired facility in 2022, at $785/kW. If we wanted to build that same gas-fired combined cycle unit today…$2,400/kW" - NextEra CEO John Ketchum gasoutlook.com/analysis/cos... 🔌💡
gasoutlook.com
Costs to build gas plants triple, says CEO of NextEra Energy 
 - Gas Outlook
NextEra Energy’s CEO said that gas turbines have a multi-year backlog, leading to soaring costs for new gas-fired power plants.
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The Associated Press @apnews.com · 24/04/2025
BREAKING: India says it has revoked all visas issued to Pakistani nationals following a deadly attack by gunmen in disputed Kashmir that killed 26 people, mostly tourists.
bit.ly
India revokes all visas issued to Pakistani nationals following deadly Kashmir attack
India’s foreign ministry said all visas issued to Pakistani nationals stand revoked with effect from Sunday. It also advised Indians citizens not to travel to Pakistan.
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The Associated Press @apnews.com · 24/04/2025
BREAKING: Pakistan cancels visas for Indian nationals, suspends trade, closes airspace after attack in disputed Kashmir
bit.ly
Pakistan cancels visas for Indian nationals, suspends trade, closes airspace after Kashmir attack
The retaliatory measures follow India’s decision to suspend visas for Pakistani nationals in the aftermath of a deadly attack by gunmen in Kashmir that killed 26 people, mostly tourists.
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George Pearkes @peark.es · 22/04/2025
Oh it's a miss bb *TESLA 1Q ADJ EPS 27C, EST. 43C *TESLA 1Q REV. $19.34B, EST. $21.37B *TESLA: WILL REVISIT OUR 2025 GUIDANCE IN OUR Q2 UPDATE *TESLA: TARIFF LANDSCAPE TO HAVE A LARGER IMPACT ON ENERGY UNIT
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Catherine Morehouse @cmorehouse.bsky.social · 22/04/2025
SCOOP: The White House asked FERC Commissioner Willie Phillips to step aside, he told me today. He will step down effective immediately. His exit from the commission will allow President Donald Trump to tap a replacement commissioner. More for Pros: subscriber.politicopro.com/article/2025...
subscriber.politicopro.com
POLITICO Pro: White House asked FERC’s Phillips to step down
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John Burn-Murdoch @jburnmurdoch.ft.com · 22/04/2025
The key chart right now: Usually US economic pain is cushioned by falling bond yields and a strengthening dollar, which mean lower interest rates and more spending power for consumers. This time we’re seeing the opposite, meaning the pain will be amplified.
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Jones Thomas @greenscalecapital.com · 22/04/2025
More details on the Anti-dumping/countervailing duty (AD/CVD) imposed on SE Asia Solar cells today (assembled into panels or not) Panels in china: 11cents/Watt, SE Asian Panels imported to US: 29c/W US panels: 40c/W SE Panels with AD/CVD: 80c/W Understanding US tariff policy day-to-day: 🤷
Image shows tariffs on solar cell imports from south east Asia ranging from 15% on Hanwa Q Cells from Malaysia to 3500% on Hounen, Jintek, ISC and Solar Long PV in Cambodia
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Emily Pontecorvo @emilypont.bsky.social · 17/04/2025
More big news - a SCOOP, if you will. Oxy has acquired another direct air capture startup, Holocene Climate. Holocene is very similar to Carbon Engineering, but its unique chemistry has much lower heat requirements. heatmap.news/climate-tech...
heatmap.news
Exclusive: Occidental Petroleum Buys DAC Startup Holocene
That makes two direct air capture acquisitions for the oil and gas major.
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News Eye @newseye.bsky.social · 16/04/2025
More from Bloomberg below on the latest sanction Trump has imposed on himself & America.
bloomberg.com
China Pivots From US to Canada for More Oil as Trade War Worsens
Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade tensions.
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Jones Thomas @greenscalecapital.com · 16/04/2025
Interior Secretary Doug Burgum directed the Bureau of Ocean Energy Management on Wednesday to order foreign energy developer Equinor to cease all construction activities on its Empire Wind project freebeacon.com/energy/trump...
freebeacon.com
Trump Admin Halts New York Offshore Wind Project, Orders Review of All Existing Biden-Era Wind Permits
The Trump administration on Wednesday took action to halt construction of a massive offshore wind project being built in federal waters off the coast of New York and ordered a sprawling review of exis...
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Jeff St John @jeffstjohn.bsky.social · 16/04/2025
The Trump administration will soon simply declare that federal rules it dislikes are dead and stop enforcing them. Will industries make use of this radical license? Or will they think to the consequences of violating the will of the American people? www.nytimes.com/2025/04/15/u...
nytimes.com
Trump and DOGE Are Planning Deregulation at a Massive Scale (Gift Article)
The White House will soon move to rapidly repeal or freeze rules that affect health, food, workplace safety, transportation and more.
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