That means sustainable energy investors need to accept that renewables alone aren’t enough to power the AI age, he said. The comments encapsulate a new approach across the finance industry, where the economics of the energy transition — a concept intended to represent the shift to a low-carbon future — are becoming merged with the economics of an unprecedented boost in supply. “So what is happening around the world, there’s no doubt about it, is what you might call energy addition,” Stangis said. “The world is scrambling to add every source of power.”
BYD To Install Thousands of 5-Minute EV Chargers Across Europe
BYD plans to install 3,000 ultra-fast “Flash Chargers” across Europe by the end of 2027, with the first stations already appearing in Germany and the UK. The Verge reports: At an estimated cost of 580,000 Read more…