renewable energy - Unusual Whales

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renewable energy

A collection of 2 posts

Europe prices drop below zero with excess supply and a surge in solar energy

Per Bloomberg The price of power in Europe has dropped below zero amid a surge in solar power. This comes as solar power-produced energy overwhelms the grid. To cut fossil fuel demand, Europe has been building more cheap solar farms, which resulted in negative intraday prices in the power market

UAE plans to reach net zero emissions by 2050 with $54 billion investment into renewables over the next seven years

Per CTV News The United Arab Emirates is planning to reach net zero emissions by 2050. In order to do this, they are planning to invest $54 billion into renewables like low-emission hydrogen fuel and EV development infrastructure over the next seven years. The news came from Dubai's