Thanks, that explains it. Transition gotta start somewhere. Great to learn about EDP in Portugal. Is industrial business case stronger there due to higher gas price/curtailed renewables?

Did I read somewhere this first application is in enhanced oil recovery? If so, isn’t that a bit of an odd application for heat storage given decarb potential of the technology?

The anti-Net Zero lobby has been quick to highlight the fact Spain was at the time of the outage relying on more than 60% solar generation. I read it’s unlikely solar caused grid failure but could lack of dispatchable power have been a factor in subsequent collapse?

Right there with you. Who knew conditioner would be the Archduke Ferdinand of our times

Well that's something at least!