I have always considered there are only two key rationales for investing in solar energy: for economic benefit (through subsidies or not), or for altruism. But the solar industry has seen a break in the clouds to start this year, and although it has been in part due to chasing profits, it has also been due to a third reason which has been hidden from me in plain view…that of necessity.
Posts Tagged ‘solar power’
Happy Friday! As the see-saw of time sends us tipping into the second half of the year, we have had an exceedingly interesting week indeed for both natural gas and oil. Natty pushed through resistance to make a six-month high, before panicking and scarpering lower again despite a heat wave engulfing the US to spur on cooling demand. As for oil, a descent to eight-month lows for WTI has been met by an effervescent rally, due to a bit of good news out of Europe (a refreshing change indeed). As we approach the weekend…burrito bites are your friend!: » read more
Yo y’all, it’s been another nutty week in the world of energy, as Brent crude has made 18-month lows, while WTI has disco-danced its way back into the 70′s (to $77 to be specific); worsening economic data on a global front has been the overwhelming drag on prices this week. Natural gas is seeing record temperatures across parts of the US boosting cooling demand, but even the impending formation and threat of the fourth-named storm of the Atlantic hurricane season cannot propel prices too much higher (insert Debby downer joke here). Enough from me, it’s time to eat:
The sun is shining, and the prospect of a long weekend is upon us. Happy Friday indeed! Unfortunately, there have been storm clouds hovering over Energyland™ all week due to ongoing Eurozone woes, as the clear and present danger of Greece exiting the euro becomes, err, more clear and more present (as the saying goes, change will come when the pain of staying the same is worse than the pain of change).
As for natural gas, prices have been exceedingly choppy but range-bound, as an early-week rally has been replaced by selling due to neutral temperatures on the outlooks and the prospect of coal-to-gas switching now becoming gas-to-coal switching after the recent run up. So my blurb is finito, now have some bites of burrito…
Happy Friday! And another nutty week comes to a conclusion, as natural gas prices continue on their upward trajectory on expectations of warmer weather (and higher demand), while crude continues to slide. Geopolitical tension with Iran has dropped off the radar as the Euro debt crisis accelerates its deterioration, leaving risk appetite to flee the building. Enough from me, it’s time to eat: » read more