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2020, January, 29, 13:20:00
CHINA'S ELECTRICITY CONSUMPTION UP 4.5%
Overall, China's power generation rose by 4.7% in 2019, triggered by nuclear power generation (+18%) and renewable power generation (+5.7% for hydropower, +11% for wind and +25% for solar). CO2-free power generation thus accounted for 32.6% of the country's power mix. Thermal power generation grew at a slower pace (+2.4%, with +1.7% for coal-fired power generation).
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2020, January, 29, 13:15:00
INDIA'S COAL: +150 MLN. T
In November 2019, Coal India decided to advance its coal production target of 1 Gt/year by two years, from 2026 to 2024.
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2020, January, 29, 13:10:00
GERMANY EXITS COAL: 2038
The German cabinet on Wednesday backed plans to exit coal as an energy source by 2038 at the latest as part of Berlin’s efforts on climate protection,
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2020, January, 29, 13:05:00
GERMANY'S RENEWABLE SLOWDOWN
Wind power is one of the most important drivers of Germany’s transition to renewable energy and a related target for green energy to reach 65% of electricity production by 2030 will be missed at the current rate of turbine growth,
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2020, January, 29, 13:00:00
U.S. RENEWABLES CONSUMPTION 12%
U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.
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2020, January, 29, 12:55:00
GLOBAL EMISSIONS MARKET: $214 BLN
The European Commission’s “green deal” policy package, which was announced in December, will commit the European Union to achieve climate neutrality, emitting no more greenhouse gases beyond what can be absorbed, by 2050.
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2020, January, 29, 12:50:00
FRANCE'S GAS CONSUMPTION UP 2%
The price of gas on the wholesale market decreased from €23.2/MWh in 2018 to €13.6/MWh in 2019 (-41%).
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2020, January, 29, 12:45:00
AUSTRALIA'S RENEWABLE ENERGY: 48%
Australia added 6.3 GW of new renewable capacity in 2019, against 4.8 GW in 2018
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2020, January, 29, 12:40:00
BRAZIL'S OIL PRODUCTION 1 BLN BBL
In December 2019, oil production was 3.106 million b/d, exceeding the record recorded in the previous month by 0.52% and that of Dec. 2018 production by 15.44%. Natural gas production also surpassed the previous month's record, registering an increase of 0.87% and reaching an average of 137.8 million cu m/day. The number was up 21.19% year-over-year.
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2020, January, 29, 12:35:00
UAE INVESTMENT FOR KAZAKHSTAN: $2 BLN
"The UAE is currently investing over US$ 2 billion in Kazakhstan, which makes it one of the top sources for Foreign Direct Investments."