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2022, September, 15, 16:10:00
U.S. COAL, NUCLEAR CONVERSION
The possibility of replacing coal power plants with nuclear capacity is being actively explored in the USA and elsewhere.
2022, September, 15, 16:05:00
U.S. RENEWABLES 24%
Renewable generation sources include conventional hydropower, wind, solar, geothermal, and biomass. In the United States, most renewable electricity generation comes from hydropower, solar, and wind.
2022, September, 14, 13:20:00
OIL PRICE: BRENT NEAR $94, WTI NEAR $88
Brent rose 8 cents, or 0.09%, to $93.25 a barrel, WTI was at $87.35 a barrel, up 4 cents, or 0.05%.
2022, September, 14, 13:15:00
GLOBAL OIL DEMAND +3.1 MBD
World oil demand growth in 2022 remained unchanged from the previous month’s assessment at a healthy level of 3.1 mb/d. For 2023, the forecast for world oil demand growth also remained unchanged from the previous month’s assessment to 2.7 mb/d.
2022, September, 14, 13:10:00
EUROPEAN GAS PRICES UP: $140 BLN
Benchmark futures rose as much as 6.9%, a day after closing 4.2% higher. Authorities are designing measures designed to rein in an unprecedented energy crisis that has fueled inflation, hurt industry and left nations on the brink of a recession.
2022, September, 14, 13:05:00
EUROPEAN ELECTRICITY PRICES RECORDS
So far, in 2022, spot electricity prices are five to ten times higher than in previous years. On August 22, the daily spot market price for Germany exceeded 600 EUR/MWh, 15 times the average of the 2010s.
2022, September, 14, 13:00:00
OIL GAS DIGITAL TRANSFORMATION
Digital transformation in oil and gas is more of a transformation problem than it is a digital one. Many executives are hesitant to invest heavily in digital transformation but continue to be hampered by the cost of poor quality.
2022, September, 14, 12:55:00
GLOBAL RENEWABLES FROM CHINA
The developed nations of Europe and the UK have played into the hands of Russia by closing coal and nuclear generation facilities and becoming dependent on renewables and Russian natural gas, rather than developing their own natural gas reserves.
2022, September, 14, 12:50:00
U.S. NUCLEAR FOR POLAND
Poland plans to have nuclear power from about 2033 as part of a diverse energy portfolio, moving it away from heavy dependence on coal.
2022, September, 14, 12:45:00
RUSSIAN ARCTIC NUCLEAR
The agreement provides for the development of a Comprehensive Plan for the creation of a mineral resource centre in Yakutia using electricity supplied by a low-power nuclear power plant based on two RITM-200N reactors. It outlined possible conditions for the implementation of the project on the principles of public-private partnership.