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68 gas projects globally cancelled or put on hold as solar power batteries become cheaper - Reuters

68 gas projects globally cancelled or put on hold as solar power batteries become cheaper - Reuters
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Exploring Global Energy Transitions and Challenges: ENRich 2023 Panel Insights

At the flagship event, a panel discussion was held, titled 'Energy transition and the emergent risks – are we falling behind the curve?' It featured five KPMG partners, from different geographies. They enriched the audience with their diverse perspectives. Moderated by Simon Virley CB, Vice Chair and Head of Energy and Natural Resources, KPMG UK, they spoke about the current status and key factors influencing the energy transition in their own regions and discussed the crucial role of policy in steering the process.

Giant batteries drain economics of gas power plants

Giant batteries drain economics of gas power plants
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Recycled Tools Could Be Key To UK Hydrogen Transformation

Death Spiral? Big Batteries Crowding out New Gas Generation

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…

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