Keep pulling the thread on Gerald Butts.
Russia's invasion of Ukraine accelerated the energy transition in Europe.
In the first quarter of the current year, natural gas set the wholesale power price in Spain only 9% of the time, a significant decrease from a historical average of 60-65%.
China is aggressively marketing its complete portfolio of electricity technologies to countries seeking to reduce their dependence on the global hydrocarbon market.
The United Arab Emirates has left the Organization of the Petroleum Exporting Countries (OPEC).
Gerald Butts believes the United Arab Emirates left OPEC in part to gain policy freedom and avoid being bound by an organization dominated by Saudi Arabia.
United States crude oil production has increased from approximately 3.8 million barrels per day in 2000 to a current level of 13.5 to 14 million barrels per day.
In March, 33 countries set new national records for the volume of solar panels, batteries, and electric vehicles imported from China.
Gerald Butts believes China is positioned to become the dominant global power in the emerging clean energy system.
Gerald Butts asserts the global energy transition has bifurcated, accelerating in countries aligned with China and decelerating in countries aligned with the United States.
Gerald Butts predicts the next stable global geopolitical era will be powered by low-carbon, electricity-based energy systems rather than hydrocarbon-based systems.
The Canadian province of Ontario was the first jurisdiction to voluntarily retire its coal-fired power plants at scale.
The Canadian province of Ontario retired approximately 7,550 megawatts of coal-fired power generation capacity and replaced it with a mix of rebuilt nuclear, renewables, and natural gas.