Total OECD indigenous production of crude oil, NGL and refinery feedstocks decreased by 7.3% in September 2020 compared to September 2019.

Total OECD indigenous production of natural gas decreased by 3.5% in September 2020 compared to September 2019

In September 2020, total net electricity production in the OECD was 841.0 TWh, down by 3.2% compared to September 2019 and down by 10.4% compared to August 2020. In the first three quarters of 2020, total electricity production was 7,731.5 TWh, down by 3.3% compared to the same period in 2019.

U.S. commercial crude oil inventories decreased by 3.1 million barrels to 500.1 million barrels.

Several factors contributed to the increase in U.S. LNG exports in recent months.

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent

The Nikkei 225 Index closed up 0.18% at 26,806.67, reversing losses from morning trade. The broader Topix rose 0.32% to 1,792.58.

The scheme, which will run until 2025, will be open to projects based on renewable electricity,

The government’s latest Energy White Paper (2020) aims to raise the share of renewables in the power mix to 22-24% (including hydropower) in 2030, with plans to make renewables Japan’s main power source by 2050.

The US brought live 3.8 GW of solar photovoltaic (PV) capacity in the third quarter of 2020, and is seen to reach 19 GW of annual installations.