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Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

bloomberg.com

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Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#3
Oceania too: Australia installed 442 MW of residential solar and 2.5 GWh of residential batteries in the month of April alone. Both numbers are partly juiced by changes to a rebate program from May, but the overall trend remains explosive growth.

https://reneweconomy.com.au/households-still-going-big-on-so...

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#6
post #2

Remember, we didn't know how to pronounce hormuz until bombs started falling on people's head. The bombs and those who dropped them caused the problem. This isn't an energy issue.

> This isn't an energy issue.

Renewables don't have the same level of external dependence on a constant flow of instantaneously used fuel. So while I do agree with you, it is an energy issue regardless of your politics.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#7

I'm assuming that China, with its industrial power and leadership position to produce a bunch of green energy components (like solar panels), is well-positioned to benefit from this.

That's a bit of an understatement. Essentially all residential scale solar panels and batteries are now built in China.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#8
post #2

Remember, we didn't know how to pronounce hormuz until bombs started falling on people's head. The bombs and those who dropped them caused the problem. This isn't an energy issue.

Hormuz was in the news quite a bit in the past decade, if you followed the region at least a bit. Anyway electric cars will have some boom now.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#9
post #2

Remember, we didn't know how to pronounce hormuz until bombs started falling on people's head. The bombs and those who dropped them caused the problem. This isn't an energy issue.

Well, the Trump-Netanyahu axis turned it from "We're going to have an inhospitable planet within the next century" problem to a "We need an affordable alternative source of energy right now" problem...
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