Teymour Bourial
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teymour.me
Teymour Bourial
@teymour.me
210 followers 190 following 120 posts
I write about energy and circularity. Partner at ExoPeak. Based in Paris.
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This is excellent Chris, thank you for sharing. The point you make on the State's role in promoting work and consumption through tax incentives for borrowers is spot on.
Thanks for sharing, I had no idea! I guess there's a bit of truth when they say “China is run by engineers; America is run by lawyers" then
One thing I've noticed in China, is that many startups are founded by university professors, working with their students and labs to commercialize their research.

This seems far less common in Western academia – why?
Excellent piece by the @financialtimes.com on the formidable expansion of battery storage capacity globally.

With costs continuing to drop, BESS will likely scale faster than renewables did, as their rollout is less constrained by grid stability concerns.
I had the opportunity to contribute to this article which discusses Midong - the world's largest PV installation, located in China's Gobi desert.

Worth reading for anyone involved in energy. There is much to learn from how China executes those mega-scale projects.

www.powermag.com/solar-by-the...
Solar by the Numbers: Midong Is China's Latest Mega-Marvel
A solar power project in the Gobi Desert has moved the needle on the size and scope of global photovoltaic installations, aided by innovation in equipment and construction. The numbers tell much of th...
www.powermag.com
Congratulations - looking forward to reading you!
I had the opportunity to weigh in for this article, which dives deep into the key drivers behind China’s EV and battery manufacturers - highly recommend giving it a read.
While all eyes were watching BYD overtake Tesla, a set of smaller Chinese EV makers quietly slipped into the global top 10. Chinese automakers now control 70% of global EV production.

Our latest story: restofworld.org/2025/chinese...
This is great - more penetration to come as EU ramps up its storage infrastructure, and continues to phase-out coal assets in Poland, Germany, Bulgaria and Spain.
Nuclear☢️ has been consistently the EU's biggest source of electricity for around a decade..

That changed in June, as solar became the #1 source of EU electricity.

Sure, it's summer, but this is a big milestone for just how far solar has come, pushing coal to an all-time low💪
Agreed — O&G being all-in was a clear sign that CCUS was just a distraction to delay real action on extraction.

Policy makers and investors hardly learn though, as geoengineering is set to enter the same hype-and-bust cycle as CCUS.
This is great, thanks Ken!
100% with you on how sustainable solutions will only work if we keep investing to make them intrinsically better than alternatives.
Ongoing price spikes will get worse as US renewable power projects continue to be canceled due to shrinking subsidies, lost grants, and revoked permits.
This is good news on all fronts.

More affordable, cleaner energy for all - especially developing countries - and less demand for oil and gas, hopefully driving prices and extraction down.
World Bank lifts ban on funding nuclear energy in boost to industry
Lender’s president says it would support projects extending the life of existing reactors
www.ft.com
The current state of the UK's power market shows how fossil fuel dependency hurts industrial competitiveness and resilience.

Norway shows what's possible instead: 98% renewable power mix (hydro & wind), and some of the lowest prices in Europe.
Why are the UK’s industrial electricity prices so high?
Businesses call for measures to help shelter manufacturers
www.ft.com
This is sad news.
It's also very ironic to see the AAI state that "EV sales mandates were never achievable" in the US when you look at where most other developed countries stand...
Thanks for sharing. This is sad news.
It's also very ironic to see the AAI state that "EV sales mandates were never achievable" in the US when you look at where most other developed countries stand...
Many great points in this piece - both on why US/EU cooperation with China on battery production is essential, and on the safeguards needed to avoid becoming China’s assembly plant.

www.ft.com/content/baed...
Europe should abandon efforts to rival China’s battery industry, bosses say
Leaders of Eramet and Umicore call for region to seek co-operation with Asian groups
www.ft.com
Thanks for sharing.

As a side note, this has to be one of the worst charts I've seen in a while.
Finally, critical minerals have become a “hot topic”, with VCs now investing in startups focused on expanding supply.

Battery and waste recycling and new extraction methods attract virtually all investments.

I hope we’ll see plenty of exciting innovations in the coming months/ years.
Sodium-ion is the only battery technology that could offer the West a semblance of grip over the supply chain, thanks to its abundant and widely distributed feedstock.

Yet its market presence remains limited (cf. previous chart), and China also dominates the downstream production stages.
Emerging battery tech is gaining ground - in particular LFP.

Bypassing China’s dominance was a major driver of battery tech R&D and investment, but in the case of LFP, China’s control is even stronger.
Another point that is not new, but worth re-stating: despite rapid growth in global mining capacity, copper remains a concern. A 30% supply shortfall is projected by 2035 under current policies due to falling ore grades and long lead times.
China’s leadership creates supply security risks for other countries – which have been very visible in the recent months.

See below the impact that recent export restrictions had on prices.
There are multiple reasons behind China’s leadership.

To name a few: control over extraction, strong gov subsidies that allowed rapid supply expansion and growing vertical integration of Chinese energy technology companies.

The chart below can serve as a partial illustration of that last point.