NewEnergyNews: World Energy's New Energy SuperMajors/

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YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, December 04, 2020

    World Energy's New Energy SuperMajors

    The New Energy Giants Are Renewables Companies

    Brian Eckhouse, Rachel Morison, Will Mathis, Will Wade and Hayley Warren November 29, 2020 (Bloomberg Green)

    “…[Four companies – Enel, Iberdrola, NextEra Energy, and Orsted – are the new sector energy supermajors, with] the clout and financial might of the energy behemoths that plumbed the world over for oil and gas before them…[They are] leading the race to electrify the global economy…[and] prioritized the building or buying of clean-power plants when those assets were still considered alternative and expensive. Now they’re on the cusp of a breakthrough…

    …Ever-cheaper solar panels and wind turbines are beginning to dominate new power installations, threatening the growth of natural gas on our power grids and upending energy markets…Renewable energy such as solar and wind can be generated without producing heat-trapping carbon dioxide. A global transition to these cleaner fuels is the only chance we have of avoiding the most catastrophic effects of climate change. An estimated $11 trillion of renewables investment will be needed in the next 30 years to make that happen, and investors want in…

    …[Goldman Sachs projects that spending on renewable power in 2021] will overtake that of oil and gas drilling for the first time…[along with the] electrification of automobiles and heating in buildings…Clean energy supermajors’ market caps have surpassed those of oil companies…Installed [New Energy] capacity of the [New Energy supermajors] has grown 207% since 2010…Renewables are now the cheapest form of new electricity in most of the world, which helps explain why they’re spreading in the majority of markets—powered by the clean supermajors. Wind and solar supply about 9% of electricity globally and their share will rise to 56% by midcentury…If the energy story of the 20th century was oil, then this will be the century of electricity…” click here for more

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