The Energy Tech Gap Between Solar and Oil & Gas ...Middle East

OILPRICE - Economy
The Energy Tech Gap Between Solar and Oil & Gas
source : OILPRICE ( Middle East ) () 72
A few weeks ago, an obscure Chinese company, DeepSeek, caused panic in the internet technology business by offering almost the same product for a lot less. The big guys in the business, of course, pooh-poohed the new entrant and the market recovered, sort of. Technological change in energy takes longer, and is less sudden. But it happens as evidenced by two recent announcements. First, the owners of the Ivanpah thermal solar generator in the Mohave Desert want to close it down. California certified the plant for construction in 2010 and it was…

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