gwiggins

[gwiggins @gwiggins]

@citrinowicz @PhillipsPOBrien Well said.

[gwiggins @gwiggins]

$TE $EOSE $CSIQ
My guess is that this will become the norm here as well. See what the governor of Texas just did as well as PA.

[Chris Meder @EVCurveFuturist]

In Australia, under proposed national standards, new data centres must bring their own 100% renewable energy supply, firmed by batteries or gas. Crucially, this means new, additional renewable generation, not simply claiming certificates against generation already on the grid.

And the scale is enormous. AEMO is already tracking 225 data centres in development, with data-centre electricity demand forecast to rise from around 3% of NEM consumption today to 13% by 2036, potentially around 34 TWh a year.

Climate Change & Energy Minister Chris Bowen puts the challenge bluntly: “Data centres are huge consumers of electricity. They are whales.” In 2024, US data centres consumed as much electricity as the entire country of Sweden. Australia wants to get ahead of this.

Australia isn't alone. Similar policy moves are underway in China, Germany and Ireland, but Australia's proposed framework is among the most aggressive: 100% renewable energy, tied to new additional generation and backed by firming, with the new rules intended to begin from 2027.

Instead of allowing this enormous new load to compete with households and businesses for existing generation, Australia wants it to help finance the new supply needed to meet it.

AI growth → electricity demand → renewable PPAs → new solar & wind → more batteries & transmission → stronger grid.

This has always been part of my thesis: AI will become a major new demand engine for Australia's solar, wind and battery buildout, rather than a brake on the energy transition, potentially creating a blueprint the rest of the world can replicate.

AI and renewables don't have to compete. Done right, each can accelerate the other. #SWB #Bettrification

https://t.co/VsPqEZdi17

https://t.co/iwxnZUV02g

[gwiggins @gwiggins]

@freebirdsteven @x_times_1 It may recover but it will not be soon. Maybe some time in 2027. Will be interesting to see if a blue wave lifts sentiments with green stocks.

[gwiggins @gwiggins]

@mallen20243 @BillKristol You missed the entire point. Terrible tragedies happen like this in war but we should do everything we can to prevent it. Instead with his cuts Hegseth is making this more likely. It’s terrible operationally and strategically. We should not act like the IDF or the Russian army.

[gwiggins @gwiggins]

@PawlowskiMario Exactly right. And I see that living history everyday living in NYC. A great city built by immigrants.

[gwiggins @gwiggins]

@MarkJCarney @Acosta We love you and Canada Mark. Keep up the good fight! November will repudiate Trumpism once and for all and show you are on the right side of history.

[gwiggins @gwiggins]

@MrNotAdvice @PoweredByEos There are other risks. The competition from sodium batteries, the lack of solid field data from EOSE, the concentration of customers and the delays in commissioning sites for starters.

[gwiggins @gwiggins]

@ExpatTimo @TimothyDSnyder Yeah? Is this bullshit too? We’ll find out in November. If it comes to pass that the GOP loses the House and Senate will you finally realize Trump has been a disaster? Or are you too emotionally involved and committed?

https://t.co/GjKThspCva

[gwiggins @gwiggins]

@TimothyDSnyder @anneapplebaum Yep. Canada needs to stand firm. I want to see prices and inflation continue to escalate here in the US so that the blue wave destroys the GOP. Latest polls show Talarico ahead and even the immigration issue now a net negative for Trump.

https://t.co/GjKThspCva

[gwiggins @gwiggins]

@BigRon_REH1 @realRickWiles The West picked the fight? Russia did not invade a sovereign country and try to brutally and illegally annex it? You must be a Russian troll. No one believes that lie except Russian slaves and a few wing nuts here.

[gwiggins @gwiggins]

@citrinowicz Thank you for continuing to elegantly argue for common sense. As Orwell famously said - "to see what is in front one's nose requires a constant struggle". Keep trying to help people see what is right in front of their faces if they took their blinders off.

[gwiggins @gwiggins]

@ActionFixesFear @DrPatrick Excellent post and thanks for illustrating the risks and the unknowns.

[gwiggins @gwiggins]

@GretchMick @ImmunityBio Wishing you the best of health and my sincere hope that Anktiva has been a cure. Thanks for keeping us informed on your journey.

[gwiggins @gwiggins]

@Kristopherfloyd @HormuzLetter 100% Nothing he has done has surprised me given what I know about what a truly awful human being he is. And I'm a New Yorker. We've known about this scumbag for decades.

[gwiggins @gwiggins]

@MK2forU Can't wait to read it. In your view, is the next big catalyst the FDA decision for papillary at the end of the year or do you think there could be important news before that?

[gwiggins @gwiggins]

$TE

[Jesse Peltan @JessePeltan]

Texas is building a lot of generation.

Solar is the fastest growing source.

[gwiggins @gwiggins]

@LaPrimeDuPut Merci. That’s been on my radar. Will definitely look at closer and read your analysis.

In regards to TE another thing that could significantly help the thesis is a Democratic win in 2028. Happened with many green stocks after Biden won. Can’t be part of a model obviously.

[gwiggins @gwiggins]

@NaggerzUnited @HormuzLetter Absolutely right. All of this is going to destroy American credibility and power for a generation to come. Like Israel, we need to be humbled so that we don’t abuse our power. We are filled with hubris. And that always ends badly.

[gwiggins @gwiggins]

@Henry8cj What execution? That's been the problem for years now. And management teased that it was about to happen when they launched the special distribution and we thought we were getting a good deal at $10.50. Look at the share price now!