2020, January, 24, 13:18:00PROJECT FINANCE & PROJECT FINANCIAL MODELLING WORKSHOP
Registration opens for 2020 Project Finance & Project Financial Modelling workshop A 5-days course covers both project finance and financial modelling best practices.
2020, January, 24, 13:10:00GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.
2020, January, 22, 12:30:00NO COAL FOR AFRICA
The UK will no longer fund coal projects overseas, British Prime Minister Boris Johnson announced today during his opening address at the UK-Africa Investment Summit in London. Instead, the government will "turbo-charge" its support for low-carbon energy sources, he said, noting that the UK has cut its CO2 emissions by 42% from the 1990 level. The country is the host of the next round of UN climate talks - COP26 - in November.
2020, January, 22, 12:27:00PROJECT FINANCE & PROJECT FINANCIAL MODELLING
Modern project finance transactions require a high level of expertise in building financial models which are reliable and flexible to accommodate the changing requirements occurring during the life of a project. This 5 days course covers both project finance and financial modelling best practices.
2020, January, 17, 11:00:00U.S. RENEWABLES UP
Solar and wind power use has grown at a rapid rate over the past decade or so, but as of 2018 those sources accounted for less than 4% of all the energy used in the U.S.
2020, January, 17, 10:55:00GERMANY'S PAYMENTS EUROS 26 BLN
The government will pay up to 14 billion euros ($15.61 billion) in financial aid to the affected states of Brandenburg, North-Rhine Westphalia, Saxony and Saxony-Anhalt until 2038, the spokesman said. Berlin would take further measures worth up to 26 billion euros to help brown coal regions until 2038 at the latest.
2020, January, 17, 10:50:00GERMANY'S PAYMENTS FOR RWE $2.9 BLN
The German government plans to compensate utility RWE (RWEG.DE) with around 2.6 billion euros ($2.9 billion) for costs related to the country’s planned coal exit, two government sources said on Thursday.
2020, January, 15, 12:50:00OIL PRICES 2020-21: $65-$68
Brent crude oil spot prices will average $65 per barrel (b) in 2020 and $68/b in 2021, compared with an average of $64/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $5.50/b lower than Brent prices through 2020 and 2021, compared with an average WTI discount of about $7.35/b in 2019.
2020, January, 15, 12:20:00CLIMATE TARGET: 1.5 DEGREES STABILISATION
"A host of policies and technologies will be needed across every sector to keep climate targets within reach, and further technology innovation will be essential to aid the pursuit of a 1.5 degrees [Celsius global temperature] stabilization," Birol said in Abu Dhabi.
2020, January, 13, 15:20:00INDIA'S ENERGY DEMAND COULD DOUBLE
Based on current policies, India’s energy demand could double by 2040, with electricity demand potentially tripling as a result of increased appliance ownership and cooling needs.
2019, December, 20, 10:15:00COAL DEMAND WILL STABLE
Electricity generation from coal will rise only marginally over that period, at less than 1% per year – and its share will decline from 38% in 2018 to 35% in 2024. This means coal remains by far the single largest source of power supply worldwide.
2019, December, 20, 10:10:00S.AFRICA NEED COAL
“South Africa is a major producer of coal,” Mantashe added. “Entire towns and settlements exist around coal mining areas, and as such, our focus must be on how to mitigate the impact of coal sector downscaling.”
2019, December, 18, 12:45:00S.KOREA'S COAL IMPORTS DOWN
South Korea will shut up to 15 coal-fired power plants for a period of three months starting December to curb air pollution, which impacted imports in November.
2019, December, 16, 13:20:00GERMANY'S CARBON PRICE UP TO €25
The government sources said the carbon price would now increase annually, hitting 55 euros in 2025.
2019, December, 11, 10:45:00OIL PRICES 2019-20: $64-$61
Brent crude oil spot prices averaged $63 per barrel (b) in November, up $3/b from October. EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.