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2021, September, 10, 12:55:00
OIL PRICE: BELOW $73 YET
Brent rose $1.20, or 1.7%, to $72.65, WTI was at $69.19, up $1.05 or 1.5%.
2021, September, 10, 12:50:00
NORD STREAM 2 COMPLETED
On Sept. 6, Gazprom said that pipelaying work on the project had been completed and commercial operations are expected to begin before the end of 2021. Nord Stream 2 includes two strings of 27.5 Bcm.
2021, September, 10, 12:45:00
THE NEW RUSSIAN NUCLEAR
The MBIR is a 150 MWt, sodium-cooled fast reactor and will have a design life of up to 50 years.
2021, September, 10, 12:40:00
OIL PRICES 2021-22: $71-$66
We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining to an annual average of $66/b.
2021, September, 10, 12:35:00
NUCLEAR FUEL IS NEEDED
Nuclear generation capacity is expected to grow by 2.6% annually, reaching 615 GWe by 2040
2021, September, 10, 12:30:00
CHINA'S HYDROPOWER UP
China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.
2021, September, 10, 12:20:00
U.S. OIL INVENTORIES DOWN BY 1.5 MB TO 423.9 MB
U.S. commercial crude oil inventories decreased by 1.5 million barrels from the previous week to 423.9 million barrels.
2021, September, 10, 12:15:00
U.S. SOLAR POWER WILL UP
By 2035, the decarbonization scenarios show cumulative solar deployment of 760–1,000 GW, serving 37%–42% of electricity demand
2021, September, 10, 12:10:00
SPAIN RENEWABLES UP
The Spanish Secretariat of State for Energy has scheduled the new auction for 3.3 GW of renewables capacity for 19 October 2021.
2021, September, 10, 12:05:00
WIND IN TAIWAN 6 GW
Taiwan has a target to instal an additional 9 GW of offshore wind by 2031, and 15 GW by 2035.