Thomas Fridrich
@thfridrich
Connoisseur of ๐ชจโ๐ข๐พ โ๏ธ ๐จ๐& ๐งฎ. Always game for ๐ฅฉ&๐ง. Fooled around in ๐ฎ๐ช๐ณ๐ฑ๐จ๐ญ๐ฌ๐ง๐ณ๐ด๐ฆ๐ท๐จ๐ฆ๐ซ๐ท๐ธ๐ฌ, now โก๏ธ๐ฒ๐พ and focused on district ๐ing.
Epic 4000km round trip: started in South Africa, through Botswana, Zambia next, then Zimbabwe, arriving in Mozambique before returning to Africa: adventurous blend of safari, Victoria falls, great Zimbabwe, Mozambiqueโs sunny beaches and enjoying finally Maputo โ๏ธ ๐ฆ๐ฆ๐๐ฆ๐ฆ๐๐๏ธ

#Valeura has entered a farm-in agreement with #PTTEP to earn 40% in two large blocks offshore #Thailand. Pursuing infrastructure-led growth, with substantial acreage expansion adjacent to large producing fields. $VLE $VLERF #Farm-in valeuraenergy.com/strategic-farmโฆ
"Your crude production figure includes natural gas liquids and condensate"
Renewables and coal are working to push out crude oil in China - column by @ClydeCommods reuters.com/business/energโฆ
Electrification could now reach 75% of all energy demand, as the road-transport and heating sectors rapidly electrify ๐ฅ๐ These two sectors account for 50% of global energy use and are now ready to switch from fossil molecules to clean electrons. ember-energy.org/latest-insightโฆ
TotalEnergies maintains buybacks despite profit drop, rising debt reuters.com/business/energโฆ
Sounds almost like a PE ponzi scheme ๐
Private equity firms flip assets to themselves in record numbers on.ft.com/44Krdyr
Shares of Krispy Kreme surged as much as 39% as retail investors drove the doughnut chain into the spotlight of the latest meme stock rally. More here: reut.rs/4kZMs45
Trumpโs Critical Minerals Obsession Reignites Deep-Sea Mining gcaptain.com/trumps-criticaโฆ
Good news! However, fiancing costs vary across the world, possibly FiT/CfDs and other guaranteed revenues help to lower the financing costs. A bit wondering, how grid connection costs and other costs like congestion/curtailment are included in the study... irena.org/-/media/Files/โฆ
๐จ๐ข New @IRENA data shows that in 2024, 91% of newly commissioned renewable power capacity delivered electricity at a lower cost than the cheapest fossil fuel-fired option. The data confirms the continued cost advantage of #Renewables and their growing role in supporting energyโฆ
Breakingviews - Beijing grabs old dam playbook to energise growth reut.rs/3TSYzEY
Good news from Poland on a recent discovery! ๐ต๐ฑ Oil & gas exploration and production is also active on the German Baltic coast (Mecklenburg-West Pomerania), primarily in Zechstein & Rotliegend formations #Energy #Poland #Germany nibis.lbeg.de/DOI/dateien/GBโฆ & cepetro.com/images/uploadsโฆ




California solar curtailment down 12% on back of batteries: For the first five months of 2025, CAISO data showed solar electricity curtailment declined by 12% as a share of generation, falling from 13% toโฆ dlvr.it/TM3LrH #Photovoltaics #EnergyStorage #RenewableEnergy
Apart from battery energy storage through EVs, etc, storing electrical energy in water is a good idea due to the high specific heat capacity of wate. People like to have hot showers, even on sunny days. The boiler needs to be well insulated
How EVs and electric water heaters are turning cities into giant batteries: As the electrification of transport and heating accelerates, many worry the increased demand could overload national power grids. Inโฆ dlvr.it/TM2gP8 #BatteryStorage #Australia #PVProjects
"alchemy has been pursued by civilisations as far back as ancient Egypt... Now Marathon Fusion, a start-up focused on using nuclear fusion to generate power, has said the same process could be used to produce gold" Great writeup from the @FT! Read more: ft.com/content/06f91eโฆ
US can squeeze Russia without โsecondary tariffsโ @Breakingviews reuters.com/commentary/breโฆ