Macro

Japan Spent $63 Billion Defending the Yen. It Fell to a 40-Year Low Anyway.

by

USD/JPY ¥162.5 A fresh 40-year low LATE-APRIL INTERVENTION SIZE ¥10T (~$63B) Spent defending the yen near ¥161 US-JAPAN RATE GAP ~2.5–2.75 pts The core driver behind persistent yen weakness Japan Spent $63 Billion Defending the Yen. It Fell to a 40-Year Low Anyway. Tokyo isn’t giving up — it’s changing tactics entirely, shifting from telegraphed … Read more

AI Is Eating the Grid: How Data Centers Are Driving the Solar + ESS Boom Through 2030

by

  DATA CENTER DEMAND 2030 950 TWh IEA Base Case · 2× from 2025 ESS DEPLOYMENT 2025 106 GW Global record · Wood Mackenzie ESS MARKET 2035 $423B Solar + storage · CAGR 17.4% The Electricity Problem Nobody Saw Coming For two decades, US electricity consumption was essentially flat. Efficiency gains in appliances, lighting, and … Read more

LFP Already Won the Battery Storage War — Now Sodium-Ion Wants a Rematch

by

🔋 ESS BATTERY SERIES — PART 2 OF 4 LFP MARKET SHARE 90%+ Of global ESS deployments SODIUM-ION POTENTIAL $40/kWh IRENA projected cell cost floor CATL SODIUM ORDER 60 GWh Largest sodium-ion order in history LFP Already Won the Battery Storage War — Now Sodium-Ion Wants a Rematch One chemistry conquered grid-scale storage by eliminating … Read more