Global power generation from fossil fuels fell in the first month since the start of the Hormuz blockade, with the fall in gas-fired generation offset by large increases in solar and wind power, rather than coal.
Friendly reminder that correlation does not mean causation. I find it hard to believe that the Hormuz closure had much impact on these figures.
Renewable energy at a measurable scale takes years to permit and implement. And this YOY increase is more likely the result of the rapidly rising build out of renewable infrastructure around the world.
This war is a tragedy and a mess, but I do hope that maybe this is a wake-up call for a lot of people and may have significant impacts on future projects.
Friendly reminder that correlation does not mean causation. I find it hard to believe that the Hormuz closure had much impact on these figures.
Renewable energy at a measurable scale takes years to permit and implement. And this YOY increase is more likely the result of the rapidly rising build out of renewable infrastructure around the world.
This war is a tragedy and a mess, but I do hope that maybe this is a wake-up call for a lot of people and may have significant impacts on future projects.