Solar Energy

Published on October 12th, 2020 | by greentechheadlines

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Exxon Is Losing the Energy Transition

Exxon Is Losing the Energy Transition

What does it mean when the world’s largest generator of wind and solar outpaces the most iconic oil company in market value? We’re talking about NextEra Energy and ExxonMobil. What does the flip tell us about the energy transition?

Plus, reporters at Bloomberg got their hands on documents that show ExxonMobil plans to pretty significantly ramp up emissions in the coming years. Is this the planet’s most recalcitrant company?

Then, the flattening of hydrocarbon growth will change global political power. But do we really know how yet? We’ll discuss a new piece from Jason Bordoff about the surprising geopolitics of energy.

Lastly, a lot of manufacturing relies on very high heat. Are there ways to reach those temperatures cleanly? We’ll look at some new developments in the steel industry.

Recommended reading:

  • Bloomberg: Exxon’s Plan for Surging Carbon Emissions Revealed in Leaked Documents 
  • Barrons: Green-Oriented NextEra Nears ExxonMobil in Market cap
  • Wall Street Journal: NextEra Energy Made Takeover Approach to Duke Energy
  • Foreign Policy: Everything You Think About the Geopolitics of Climate Change is Wrong 
  • IRENA: A New World, The Geopolitics of the Energy Transformation
  • Mighty Earth: ArcelorMittal’s New Carbon-Neutral Commitment Could Catalyze Steel
  • SSAB: “First in fossil-free steel using ‘Hybrit’ technology”
  • Greentech Media: How to Slash the Industrial Emissions that are Heating the Planet
  • Greentech Media: The Building Industry Gets Serious About Embodied Carbon
  • Columbia Center on Energy Policy : Low-carbon heat solutions for heavy industry
  • A Matter of Degrees podcast with Leah Stokes and Katharine Wilkinson

The Energy Gang is brought to you by Sungrow, the leading global supplier of inverter solutions for renewables. During these uncertain times, Sungrow is committed to protecting its employees and continuing to reliably serve its customers around the world. Sungrow has also leveraged its extensive network across the United States to distribute face masks to communities in need.

The Energy Gang is also brought to you by KORE Power. Based in the U.S., KORE Power is situated to meet the growing global demand of the energy storage market. KORE Power is building the first large-scale battery cell manufacturing facility in the U.S. owned by an American company. Once it’s operational, the 1-million-square-foot facility will have 12 gigawatt-hours of scalable manufacturing capacity. Learn more


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