In 2023 clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy crisis post Russia’s invasion of Ukraine and the ensuing ramp of interest rates and inflation hit all entities across the natural resources value chain. Clean energy bore the brunt of these global tensions more than other …
News Tag: 2023
Glencore coal deal shows power of fossil fuels – even on their way out
Glencore’s (GLEN.L) deal to buy Teck Resources’ (TECKb.TO) steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies – for a decade or two at least – even as they are phased out in favour of renewable energy. …
PJM State of the Market – 2023
Reliability is a core goal of PJM. Maintaining and improving competitive markets should also be a core goal of PJM. The goal of competition in PJM is to provide customers reliable wholesale power at the lowest possible price,but no lower. The PJM markets have done that. The PJM markets work, even if not perfectly. The …