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EXCLUSIVE: Body Shop left fans devastated yesterday after it went into administration, leaving thousands of jobs at risk across hundreds of British stores.
Death spiral in progress for gas generators.Very interesting Reuters reporting. Reuters: Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide. The long-term economics of gas-fired plants, used in Europe and some parts of the United States primarily…
Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation... -November 21, 2023 at 02:00 am EST - MarketScreener
The shift challenges assumptions about long-term gas demand and could mean natural gas has a smaller role in the energy transition than posited by the biggest, listed energy majors.
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