The significant changing consumption needs and generation patterns are causing significant concerns that existing ageing infrastructure is becoming a major source of risk to power grid safety, reliability and financial exposure and in failing to deliver power on the expected 24 x 7, we need.

Brent was down 11 cents, or 0.1%, to $87.52, WTI fell 8 cents, or 0.1%, to $81.56 a barrel.

Dutch front-month futures, were 0.2% lower at €66.80 a megawatt-hour by 8:58 a.m. in Amsterdam, after rising as much as 3.1% earlier.

Стороны договорились о дальнейшем укреплении и расширении сотрудничества в сферах торговли и инвестиций, энергетики, связи и транспорта, высшего образования, промышленности, железных дорог, финансово-банковского сектора, таможни, сельского хозяйства, науки и техники, информационных технологий.

China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.

DOE also released an RFI seeking input on nearly $9 billion for the Home Energy Rebate Program, funded by President Biden’s Inflation Reduction Act that will provide record breaking funding to help Americans cut energy costs in their homes through energy efficiency and electrification of home appliances and equipment.

In September, Westinghouse and Enusa announced their intention to collaborate on VVER-440 fuel fabrication with the aim of delivering a Western alternative to Russian fuel in the European market VVER-440s currently use fuel from Rosatom’s TVEL.

Out of the total, €9bn will go to gas infrastructure, including €6.3bn in gas transportation (including the upgrade of the 430 km Adriatic Line onshore pipeline), €1.4bn in LNG infrastructure (purchase of of two new FSRU-based LNG terminals and development of related infrastructure), and €1.3bn in the expansion of gas storage capacity.

Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.

Brent gained 26 cents, or 0.3%, to $86.42 a barrel, WTI advanced 43 cents to $80.76 per barrel.