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2024, May, 28, 06:20:00
TEXAS ENERGY STRESS
Already in mid-April, August power prices for Dallas soared to $168.70 a megawatt-hour, which was the highest level in five years for this time of the year,
2024, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.
2024, May, 22, 06:55:00
RUSSIAN GAZPROM WITHOUT EUROPE
Gazprom, which holds about 16% of global gas reserves and employs 492,200 people, was once one of Russia's most powerful corporate empires - so powerful it was known as "a state within the state".
2024, May, 22, 06:50:00
EUROPEAN RENEWABLES CUTTING
There is a growing political focus on the need to develop renewables, with countries agreeing at the COP28 climate summit in December to work towards tripling capacity to 11,000GW by 2030.
2024, May, 22, 06:45:00
NORWAY'S NUCLEAR SMR
The company noted that estimates of future energy demand in Norway vary from 50 TWh to 233 TWh.
2024, May, 22, 06:40:00
ENERGY INFRASTRUCTURE CHANGES
Consumer involvement in distribution network operations will be beneficial for both consumers and Distribution Companies (DISCOMs).
2024, May, 22, 06:35:00
U.S. UTILITY GRID UPGRADE $2.5 TLN
There are many reasons the U.S. utility grid requires an estimated $2.5t upgrade by 2035, from crumbling infrastructures to keeping up with the increased demand of electrification efforts, all balanced against increasingly volatile weather events.
2024, May, 17, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $79
Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.
2024, May, 17, 06:55:00
US FOSSIL FUEL FINANCE
the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.
2024, May, 17, 06:50:00
GERMAN INDUSTRIAL PRODUCTION DOWN
Production decreased 0.4% in March, led by drops in consumer and intermediate goods, and energy, the statistics office said Wednesday.
