Tag: GOES price

Renewables/ GOES MMI: Cobalt Rallies, Renewable Energy Storage Facilities Expanding

Renewables/ GOES MMI: Cobalt Rallies, Renewable Energy Storage Facilities Expanding Modern Wind turbines and solar panels sunset light. Concept eco green renewable energy. Generation AI

The Renewables MMI (Monthly Metals Index) saw little movement month-over-month. The index held sideways and only dropped a mere 0.12%, just narrowly missing trading flat. Moreover, the main factor which pushed the index sideways instead of down (according to renewable energy news) was cobalt rallying. It’s the first significant price rise cobalt has seen since […]

Renewables/GOES MMI: Index Rises Slightly, U.S. Short on EV Charging Stations

Renewables/GOES MMI: Index Rises Slightly, U.S. Short on EV Charging Stations electric-car-on-electric-car-charging-station-power-supply-for

The Renewables MMI (Monthly Metals Index) continued to edge sideways, this time rising by just 2.64%. Cobalt and neodymium rising in price contributed the most to the index’s upward movement. This occurred despite massive oversupplies of cobalt, which is crucial to utilizing renewable energy sources like EV batteries. Meanwhile, grain-oriented electrical steel dropped month-over-month, with […]

Renewables/GOES MMI: Wind Turbine Production Threatened by Steel Price Hikes

Renewables/GOES MMI: Wind Turbine Production Threatened by Steel Price Hikes Renewables-MMI-January

The Renewables MMI (Monthly MetalMiner Index) began showing signs of a possible reversal month-over-month, edging up 3.42%. Renewable resources, meanwhile, continue to see significant global investment. MetalMiner noted in its Raw Steels MMI that steel prices found a bottom month-over-month. This impacted the renewable resources index heavily. After all, much of the index consists of […]

Renewables/GOES MMI: Steel Plate Drops While Battery Metals Hold Strong

Renewables/GOES MMI: Steel Plate Drops While Battery Metals Hold Strong Renewables-MMI-December

The December Renewables MMI (Monthly MetalMiner Index) traded sideways, practically in a straight line. Overall, metal prices within the index only dropped 0.83%. This sideways trend contrasts sharply with the steep drop renewables saw just six months ago. Battery metals within the index, such as cobalt and silicon, held a steady sideways trend, only rising […]

Renewables/GOES MMI: Renewable Resources and the “Surprise Climate Bill”

Renewables/GOES MMI: Renewable Resources and the “Surprise Climate Bill” Screen-Shot-2022-08-15-at-3.42.49-PM

The Renewables MMI (Monthly Metals Index) continued its downward trend this month, falling an additional 7.10% between July and August. However, this trend is not likely to continue if the US senate passes the so-called “surprise climate bill.” Were this to happen,  it would put fresh focus on renewable resources, likely causing the MMI adopt […]

Renewable/GOES MMI: Renewable Prices Nose-Dive, GOES Remains Strong

Renewable/GOES MMI: Renewable Prices Nose-Dive, GOES Remains Strong

The Renewables MMI (Monthly Metals Index) dropped significantly from June to July. All in all, the index fell a staggering 22.05%. How will this impact steel prices today? Problems With China’s Solar Panel Manufacturing Dominance Some experts say that initiatives aimed at creating a zero-carbon future are being impacted by dependence on Chinese solar panels. […]

Renewables Monthly Metals Index (MMI) Renewables and GOES Prices Rise

The Renewables Monthly Metals Index (MMI) rose by 2.27%. After trending downward since March, renewable resources finally saw a price boost. Renewable Resources Partnership: Hydro Power and Air Battery Systems According to an article from Renewable Energy World, Augwind, a company specializing in renewable resources and energy, has launched a collaboration with Voith Hydro. The […]

Renewables and GOES MMI increase despite steel price decline

The Renewables Monthly Metals Index (MMI) rose by 4.6% month over month. California to add more renewables, batteries The California Public Utilities Commission (PUC) approved plans in early February to expand renewables and batteries as part of California’s power resources. The decision supports California’s larger ambitions to procure all of its electricity from clean sources […]

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