Tidal Wave of Transition News
A few days ago I wrote about how price is no longer a discussion in the energy transition. Now that new energy sources are cheaper, it is simply good business for Fortune 500 corporations to commit to renewables. In the past 7 days the headlines have shown that these large corporations are fully embracing the energy transition.
Below are some of the announcements and press releases from the past week. While this press now seem obvious, it is important to remember just how unique this moment in time is for the energy transition. These are big announcements, and a result of decades of progress in technology and policy.
Microsoft & BP form partnership : BP is going to develop renewable energy sites to power Microsoft’s operations. Yep, you read that correctly. And Microsoft will be helping BP better digitize the energy giant’s operations.
Walmart & Schneider: Schneider, a leader in industrial automation and efficiency, is working with Walmart to make a more efficient store footprint and create local generation optio,s
Exxon calls peak oil: The energy giant themselves sees their future changing.
Walmart commits to carbon neutral by 2020 : Walmart is looking to decarbonize within the decade, and this includes their shipping.
UK banning gas-powered cars by 2030?: UK continuing to be one of the most progressive nations on EV-only mandates. The current mandate is to transition by 2035, but this new goal is even more ambitions.
China aims to be carbon neutral by 2030: Despite the US’ faltering leadership on the Paris Climate Agreement, China has made a strong commitment.
GE has a mammoth wind turbine, the Haliade-X 13 MW going into production. Incredible scale and innovation.
Shell and Microsoft formed a climate alliance whereby Shell will also provide Microsoft w renewable power and Microsoft will enable AI tools for downstream applications and customer carbon footprint products.
Pretty exciting times, and I suspect we will see a lot more of these headlines. What else did I miss? What should be included?