Wow! Ethiopia is jumping to EVs & will ban importing ICE. Why? It can't afford to spend annually $5 billion on oil imports!

EVs are already ~10% of Ethiopia's auto FLEET!

Ethiopia Shows Us Just How Fast The Transition To Electric Mobility Can Happen In Africa - CleanTechnica Ethiopia's auto fleet is about 1.2 million. It planned to have 148,000 EV autos and 30,000 EV buses on its road by 2030.

It basically achieved the 148,000 goal in two years! It raised that goal to 500,000 EVs by 2030. Wonderful!

Ethiopia has cheap power from 100% hydro & RE!

Good morning with good news: The world is rapidly building the manufacturing base of 5 key technologies needed to reach Net Zero by 2050. Manufacturing capacity year-on-year grew for batteries (72%), solar (39%), electrolysers (26%) & heat pumps (13%).
iea.blob.core.windows.net/assets/baa765a… Better still, announcements since late 2022 of new manufacturing capacity will increase PV capacity by another 60%; batteries by 25%; and electrolysers by 20%. Solar and battery manufacturing capacity will be at or above necessary capacity to meet Net Zero.

Penalties totaling $39 million will be assessed by ISO-NE to power plants with total capacity of 2150 MWs for not operating on December 24th. Plants had a duty to operate in return for capacity payments. They also lost revenues by not running. providencejournal.com/story/news/202… via @projo What will happen in the case of Duke Energy in NC that had rolling blackouts, which ISO-NE did not? It's a vertically integrated, fully regulated monopoly. Its plants get paid whether they run or not. Will regulators penalize Duke? If so, how, when and how much?

California effectively answers, by keeping electricity service intact, the usual politically inspired attacks on it as well as kneejerk criticism that follows issuing of flex alerts during its 9-day brutal heatwave. Not every electric system would have done as well. Let's be clear that the issuing of flex alerts is no horror. It is both comical and tragic to see the usual political suspects attack California, but not Texas, for asking consumers to think of themselves and others by voluntarily conserving electricity at moments of grid stress.

Excellent study confirms major parts (not all) of electric industry, including cooperatives and public-owned utilities, engaged in climate denial and delay. Why? Its objection to climate action was as much "sociological" as profit driven.
msn.com/en-us/money/ma… Ten utilities, typically state-sanctioned, vertically integrated monopolies, led the climate denial:
Southern Company, AEP, Ameren, Duke, APS, DTE, FirstEnergy, Consumers Energy, Dominion, and Northern Indiana Public Service Company (NIPSCO). Their leadership was "conservative."

Your Biggest Energy/Climate Stories of 2021 are what? My Top Five are:
5. Texas Grid Meltdown: Government Matters. Electricity Reliability needs Market Rules, Oversight & Enforcement.
4. US LNG Exports skyrocket, structurally changing gas market, ending sustained $2/Mcf gas. 3. Renewable Energy capacity built in 2021 probably set a new record of about 270 GWs, after 260 GWs were added in 2020 and 171 GWs in 2018. Globally, the world will now have more than 3,000 GWs of renewable capacity in 2021, having ended 2020 with 2,802.