iiinova — where your digital self keeps evolving

Will Mathis @willmathis.bsky.social · 08/05/2025

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

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Will Mathis @willmathis.bsky.social · 07/05/2025

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

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Will Mathis @willmathis.bsky.social · 07/05/2025

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

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Will Mathis @willmathis.bsky.social · 06/05/2025

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

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Will Mathis @willmathis.bsky.social · 06/05/2025

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...

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Will Mathis @willmathis.bsky.social · 05/05/2025

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...

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Will Mathis @willmathis.bsky.social · 02/05/2025

Spain’s solar power output is expected to keep breaking records

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Will Mathis @willmathis.bsky.social · 30/04/2025

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

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Will Mathis @willmathis.bsky.social · 28/04/2025

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

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Will Mathis @willmathis.bsky.social · 28/04/2025

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...

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Will Mathis @willmathis.bsky.social · 23/04/2025

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...

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Will Mathis @willmathis.bsky.social · 30/01/2025

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...

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Will Mathis @willmathis.bsky.social · 30/01/2025

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...

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Will Mathis @willmathis.bsky.social · 23/01/2025

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...

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Will Mathis @willmathis.bsky.social · 13/01/2025

The severing of Russian pipeline gas flows to Europe make the cover of Polish magazine Wprost www.wprost.pl/tygodnik

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Will Mathis @willmathis.bsky.social · 13/01/2025

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...

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Will Mathis @willmathis.bsky.social · 13/01/2025

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...

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Will Mathis @willmathis.bsky.social · 10/01/2025

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...

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Will Mathis @willmathis.bsky.social · 29/12/2024

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/...

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Will Mathis @willmathis.bsky.social · 24/12/2024

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...

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Will Mathis @willmathis.bsky.social · 23/12/2024

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:

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Will Mathis @willmathis.bsky.social · 23/12/2024

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...

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Will Mathis @willmathis.bsky.social · 16/12/2024

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

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Will Mathis @willmathis.bsky.social · 09/12/2024

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...

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Will Mathis @willmathis.bsky.social · 05/12/2024

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

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Will Mathis @willmathis.bsky.social · 05/12/2024

Stunning decline of fossil fuel production in the UK. Oil and gas production are down nearly 75% since the late 1990s and are only set to fall further. This is why UK government says ditching fossil fuels is key to energy security. www.bloomberg.com/news/article...

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Will Mathis @willmathis.bsky.social · 02/12/2024

It’s set to be a record year for wind power in the UK, at least in terms of how much goes to waste. Increasing capacity, some strong winds and grid bottlenecks, particularly between Scotland and England, have forced the UK to pay a soaring amount to shut off wind farms this year. Short 🧵(1/5):

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Will Mathis @willmathis.bsky.social · 23/11/2024

We’re at the start of what could be the strongest ever wind power weekend here in Britain. Wind is satisfying nearly 2/3 of UK demand currently and it’s set to remain around this level through to Monday evening. After the wind drought to start this month, it’s now more of a flood

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