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, 9 tweets, 5 min read
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Offshore wind has "near limitless" potential & is "set to be competitive with fossil fuels within the next decade", as costs fall 60% by 2040.

Turbines will soon be as large as the Eiffel Tower.

Pretty amazing stuff from today's new @IEA report.

webstore.iea.org/offshore-wind-…
There is technical potential for offshore wind to meet Europe's entire electricity demand more than 10 times over, the IEA says, and 9x in Japan.

Even India (could) get all its electricity from offshore wind!

webstore.iea.org/offshore-wind-…
Before we get too excited, though, it's worth noting offshore wind is starting from a very low base.

So even ≥15x increase means it'd still only meet 3-5% of global electricity demand by 2040.

webstore.iea.org/offshore-wind-…
One of most striking statements in IEA report is on offshore wind having "system value comparable to baseload technologies".

Here's the money chart:

(It's complex but basically says offshore wind'll become more valuable to EU/CN grids than coal or gas)

webstore.iea.org/offshore-wind-…
Let's look more closely at that chart showing the incredibly high value of offshore wind.

"WACC" is the cost of financing new capacity & in Europe –thanks to govt contracts– big offshore wind firms are already at around 4%, meaning lower costs to build.

webstore.iea.org/offshore-wind-…
We recently wrote about record-low prices for offshore wind in the UK, which could be cheaper than running *existing* gas plants by 2023

carbonbrief.org/analysis-recor…
Those very low UK offshore wind prices are included in IEA analysis (but NB it's in $ not £, so higher numbers).

Basically, whichever way you look at it, offshore wind is becoming *really* competitive + has high "system value".

Very little not to like.

webstore.iea.org/offshore-wind-…
The IEA report also suggests a future role for offshore wind in producing zero-carbon hydrogen for use in other sectors – transport, industry, heating.

(Worth saying the costs it's talking about are relatively high, see link from earlier this week )
Floating offshore wind also has big potential, even though currently higher cost

carbonbrief.org/qa-how-viable-…
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Simon Evans
@DrSimEvans
Morning from the @BloombergNEF summit in London, where we just heard that hydrogen-steel will be competitive with coal-steel by 2030.

Interesting to see alongside @IEA renewable report out today on renewable vs fossil-based hydrogen…
Here's the #bnefsummit slide on increasingly competitive green hydrogen becoming competitive with fossil derived hydrogen.

Really challenges the conventional wisdom in the UK IMO
It's also worth re-upping this research we covered earlier in the year, which argued that renewable hydrogen is "already cost competitive" (in certain situations)

carbonbrief.org/renewable-hydr…
Read 4 tweets
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Simon Evans
@DrSimEvans
So I made this graph and thought it was amazing

THREAD

carbonbrief.org/analysis-uk-re…
Basically, the amount of electricity generated from fossil fuels in the UK keeps falling…

…and that's primarily down to rising output from renewables (but demand falling too, v important)

So renewables just topped fossil fuels for the first time

carbonbrief.org/analysis-uk-re…
Rather than getting too hung up on this particular moment, however, the really significant thing is the trend.

It's no longer a question of when renewables will form the backbone of UK electricity supplies.

It's when – & how far/fast they go afterwards.

carbonbrief.org/analysis-uk-re…
Read 10 tweets
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Simon Evans
@DrSimEvans
THREAD

Battery electric vehicles have just recorded an absolutely stunning increase in their share of the UK market, which has tripled in two months to 3.4%, after 3+ yrs below 1%

HT @colinmckerrache for flagging and @SMMT for data
@colinmckerrache @SMMT Since 2016, annualised EV sales have more than doubled – expect that number to climb rapidly.

Meanwhile diesels have halved and *overall car sales* are down 12%
@colinmckerrache @SMMT UK car sales used to be 50/50 diesel petrol…

Now it's 3/5 petrol, 1/4 diesel and 1/10 other stuff – and changing rapidly (two months ago it was just 1/16 "other")
Read 6 tweets

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Inside The SPFL
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Neil Lennon and the Celtic managerial position...
Seven League games
Seven League goals
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Chowkidar Tejasvi Surya
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I was in panel discussion at Christ University today on 'What is India's identity? Is it changing?'

I told India's primary identity is Hindu identity. A large section of audience gasped with shock as though I said something offensive. Some felt I was 'extreme'!
The kind of setback Hindus have faced in the narrative war is unbelievable and most unfortunate. It's a pity that we can't even call ourselves Hindu unapologetically.

Don't know how many decades of work is necessary to change this. Most important war to win is narrative war.
The idea that we became a new nation in 1947 & our Constitution is what makes us plural is the regular BS that our kids are fed with.

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Judd Legum
@JuddLegum
1. @AOC and @chelliepingree sent a letter to the CEOs of Google, Microsoft and Facebook calling them out for sponsoring a conference that featured climate deniers

But the duplicity of Big Tech on climate goes MUCH DEEPER

Let's review

goo.gl/eiuTVL
2. Google, Microsoft and Amazon have signed contracts worth BILLIONS with Big Oil to help them produce more fossil fuels

Last year, Google hired Darryl Willis, a 25-year veteran of BP, specifically to sign up oil companies for its cloud services

goo.gl/eiuTVL
3. Representing Google at an oil conference last year, Willis says he cared about 3 things:

1. Oil and gas

2. Data

3. Winning

He did not mention climate change in his 16 minute presentation.

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Oby Ezekwesili
@obyezeks
From Poverty Central to Prosperity: How the Obiageli 'Oby' Ezekwesili Presidency will lift 80+ million Nigerians out of poverty. #Thread
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Today is an exciting day for this campaign as we will be sharing the most important issue in our ambitious plan for Nigeria that shows our readiness to govern from Day One. I will be telling you how we intend to lift 80 million Nigerians out of poverty. #Fight4Naija
We expect citizens to hold us to account for every word we say and every promise we make, not just on our innovative solutions for tackling poverty which I would be sharing today, but on our entire manifesto to be released to the public on Friday. #Fight4Naija
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Sanjeevani
@SanjeevaniPage
#Thread
Cow is 'Mata' for RSS/BJP & other Hindutva affiliates - we ask for votes in its name, lynch people & even demand a "Rashtra Mata" status for it. But for the sake of elections, we may forget our Mata.

This #thread intends to share such instances of our political tactics!
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