U.K. electricity winter reliability forecast
U.S./Saudi standoff over oil policy ($FT)
White House fury with oil output cut ($BBG)
France outlines plan for “energy sobriety”
Nord Stream inquiry confirms sabotage
Texas electricity market and volatility
Houston and energy system transition
Luck more important than talent ($WSJ)¹
¹ Luck plays a more important role in determining individual success than talent, according to the study authors. But individuals have to be ready and open to grasp opportunities. The best strategy to maximise the probability of success is therefore “expose, explore, exploit,” which seems sound advice.
GERMANY’s industrial production was down -4.5% in the three months from June to August compared with the same period in 2019 before the coronavirus epidemic. The economy is struggling with multiple shocks stemming from Russia’s invasion of Ukraine, sanctions, gas shortages, higher energy and raw materials prices, and persistently sluggish growth in China:
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