Will solar PV soon be the cheapest source of electricity in most places around the world? This Nature Communications paper says yes. Most surprisingly this is AFTER including short- and long-term storage costs for renewable energy sources. nature.com/articles/s4146…

The company that was selected to receive the 2nd largest award in the Texas Energy Fund, and included NextEra without their knowledge or consent, is Aegle Power. Its CEO was convicted of embezzlement in 2017. #txlege #energytwitter #txenergy justice.gov/usao-sdtx/pr/f…

CHART OF THE DAY: Not only Brent oil prices have fallen sharply (flat prices), but the entire price curve (time-spreads) has flattened significantly. Today's curve remains backwardated, but inter-month spreads for 2025 are flirting with contago as traders price a surplus. #OOTT

offshore-technology.com/news/pakistan-…

Oil's basically $45-$55 a barrel in inflation adjusted terms (2007-2020)

This is an incredible CDR Purchase announcement. Google buys 100,000 DACCS tonnes from Holocene for $100 per tonne(!) That is by far the cheapest price for Direct Air Capture tonnes ever. It is made possible by the US 45Q support of $180, but a cost per tonne of $280 is also much

CHART OF THE DAY: Alongside the collapse in flat prices, the oil curve has flattened, with deferred time-spreads (from 2025) moving into a very slight contango. The 1st month to 5-year backwardation has plunged to $0.1 per barrel, down from $25 a barrel a year ago. #OOTT

#Libya: crude exports have resumed loading from most of the country's eastern ports and some oil fields have received orders to bring back production, according sources and tanker tracking data, as Libya's rival regional governments move closer to a political deal under

Venture capital executives in China painted a bleak picture of the sector to the FT, with one saying: 'The whole industry has just died before our eyes.' on.ft.com/4ejqPZD

bloomberg.com/news/articles/…

Oil analysts need to study climate fragility-rising sovereign debt trap to understand that population “numbers” don’t necessarily drive prosperity unless more global and local intervention elibrary.imf.org/configurable/c…