2020 will be a year that lives in the minds of business energy business executives for decades to come. For traditional energy executives, it will be a year of infamy; for clean-energy executives, a year when renewables demonstrated resilience and staying power in the face of uncertainty.
Sarah Golden, senior energy analyst and VERGE Energy Chair at GreenBiz Group, pinpointed six “mind-bending moments” during 2020 — six times the self-proclaimed clean energy evangelist says she had to “pick my jaw up off the floor.” Without further ado:
The day the price of oil went negative: At the end of April, for the first time in history, the price for an oil futures contract dipped below zero. In other words, the owner of the contract was willing to pay traders to take oil off their hands. It was almost impossible to imagine only months earlier. It was a day when Rebecca Babin, managing director at CIBC Private Wealth Management, told CNBC: “
