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2023, March, 31, 07:50:00
EUROPEAN LNG USABILITY
Europe’s appetite for new LNG projects is pushing the continent to boost its import capacity by one-third, but the mismatch between future LNG demand and import facilities might result in 200-250 billion cubic metres (bcm) of unused capacity by 2030.
2023, March, 31, 07:45:00
GLOBAL OIL GAS LIMITS $11 TLN
The stricter guidelines come as the outlook darkens for limiting global temperature increases to around 1.5C, with a lack of financing for greener projects a key hurdle.
2023, March, 31, 07:40:00
NUCLEAR HYDROGEN FOR EUROPE
Two camps, one led by Germany and the other by France, are fighting it out, each with a blocking minority on a specific point: Should low-carbon hydrogen be taken into account when measuring the efforts of member states to reach the target of 45% of renewables in their energy mix by 2030?
2023, March, 31, 07:35:00
GLOBAL SMART ELECTRICITY
The key is reliable and independent data flows and communications between smart meters and the whole interconnected world of the smart electric utility of the future.
2023, March, 31, 07:30:00
INFLATION ; A MOVING TARGET
Banking crisis seems to be a regulatory issue not a monetary policy issue. Dollar may get a leg up higher soon despite the fluid situation. Natural credit tightening by banks being a factor to consider, also remembering the Core PCE Data during the week.
2023, March, 24, 07:40:00
OIL PRICE: BRENT ABOVE $75, WTI ABOVE $69
Brent slid 48 cents, or 0.6%, to $75.43 a barrel, WTI dropped 52 cents, or 0.7%, to $69.44 a barrel.
2023, March, 24, 07:35:00
GLOBAL OIL DEMAND WILL UP BY 2.3 MBD
For 2023, the world oil demand growth forecast remains unchanged at 2.3 mb/d, with the OECD Americas and OECD Europe revised slightly lower, while China is revised higher, with jet/kerosene and gasoline leading demand growth.
2023, March, 24, 07:30:00
GERMAN GAS CONCERNS
Germany suffered the most among EU member states from the Russian supply curtailments, with a number of buyers forced to buy expensive gas on the open market to make up for the Russian shortfall.
2023, March, 24, 07:25:00
GLOBAL RENEWABLES CAPACITY UP
Renewable generation capacity increased by 295 GW (+9.6%) in 2022. Solar energy continued to lead capacity expansion, with a massive increase of 192 GW (+22%), followed by wind energy with 75 GW (+9%). Renewable hydropower capacity increased by 21 GW (+2%) and bioenergy by 8 GW (+5%). Geothermal energy increased by a very modest 181 MW.
2023, March, 24, 07:20:00
WHO BLEW UP NORD STREAM
"Every politician knows who blew up Nord Stream, but hypocritically keeps quiet," says Vucic.