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Analysis

DEEP DECARBONIZATION OF ENERGY
2023, December, 28, 07:00:00
DEEP DECARBONIZATION OF ENERGY
Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity. Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability.
Analysis
2023, December, 21, 07:00:00
OIL PRICE: BRENT ABOVE $79, WTI NEAR $74
Brent fell 22 cents, or 0.3%, to $79.48 a barrel. WTI was at $74 a barrel, also down 22 cents or 0.3%.
Analysis
2023, December, 21, 06:35:00
INDIA'S ENERGY DEMAND WILL UP
In November, days ahead of the UN Climate Change Conference in Dubai, India's power minister RK Singh said the country would need to add 80 GW of new thermal capacity by 2031-2032 to meet demand.
Analysis
2023, December, 21, 06:30:00
CHINA GAS DEMAND UP
The daily minimum temperature in some areas of northwest China, Inner Mongolia, north China, northeast China, central and eastern Huanghuai and eastern Jianghuai regions would be more than 7 degrees Celsius lower than the historical low for this period, the CMO said.
Analysis
2023, December, 21, 06:25:00
RADIATED ENERGY FOR CLIMATE
If thermal energy could transfer from cold to hot, then what happens when radiation from the atmosphere penetrates some small distance into the ocean waters? Does it warm the water which then rises to the surface by convection and causes more evaporation?
Analysis
2023, December, 15, 07:00:00
OIL PRICE: BRENT NEAR $77, WTI NEAR $72
Brent rose 40 cents to $77.01 a barrel, WTI climbed 40 cents to $71.98.
Analysis
2023, December, 15, 06:50:00
RUSSIAN OIL PROCESSING DOWN
The nation’s plants processed 5.33 million barrels of crude a day in the first six days of the month, down about 81,000 barrels a day from the prior week’s average, according to a person with knowledge of industry data.
Analysis
2023, December, 15, 06:40:00
THE 2ND LAW OF THERMODYNAMICS FOR CLIMATE
And that is what climatologists have completely overlooked. They have noted that the mean surface temperature is far hotter than the solar radiation to the surface, or even just to regions above in the troposphere, could explain in accord with the Stefan-Boltzmann Law.
Analysis
2023, December, 6, 07:00:00
OIL PRICE: BRENT ABOVE $77, WTI ABOVE $72
Brent climbed 1 cents to $77.21 a barrel, WTI were down 4 cents at $72.28 a barrel.
Analysis
2023, December, 6, 06:50:00
OPEC+ CUTS 2.2 MBD
These additional voluntary cuts are announced by the following OPEC+ countries : Saudi Arabia (1,000 thousand b/d); Iraq (223 thousand b/d); United Arab Emirates (163 thousand b/d); Kuwait (135 thousand b/d); Kazakhstan (82 thousand b/d); Algeria (51 thousand b/d); and Oman (42 thousand b/d) starting 1st of January until the end of March 2024.
Analysis
2023, December, 6, 06:40:00
THERMODYNAMIC EQUILIBRIUM FOR CLIMATE
It is actually downward convective heat which can and does proceed from cooler to warmer regions but can only do so because the Loschmidt Gravito-thermal effect exists and is the state of maximum entropy or, as physicists call it, thermodynamic equilibrium.
Analysis
2023, December, 6, 06:15:00
WORLDWIDE RIG COUNT UP 17 TO 1,794
The Worldwide Rig Count for November was 1,794, up 17 from the 1,777 counted in October 2023, and down 96, from the 1,890 counted in November 2022.
Analysis
2023, November, 30, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $78
Brent fell 15 cents, or 0.2%, to $82.95 a barrel, WTI rose 12 cents, or 0.2%, at $77.98 a barrel.
Analysis
2023, November, 30, 06:45:00
WHY DOES THE CLIMATE CHANGE?
So why does the climate change? It is most likely due to variations in cloud cover because clouds reflect about 20% of the incident solar radiation back to space. Virtually all climate change in the last few thousand years can be explained if that 20% figure varied just between 19% and 21%.
Analysis
2023, November, 30, 06:30:00
BRITAIN NEEDS WARMTH
Right now, 6.3 million UK households are in fuel poverty, according to National Energy Action. That’s up from 4.5 million, recorded in October 2021, when Europe’s energy crunch began, it said. Over the last three months, millions have been using appliances like ovens or going to bed early to stay warm, the study showed.