Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.

Renewable power generation in Britain accounted for 37.3% of total production in 2020 (24.8% from wind, 6.5% from biomass, 4.4% from solar, and 1.6% from hydro).

«Если мы поддерживаем идею об устойчивом энергетическом развитии, то должны приветствовать любой вклад в достижение его целей – в частности, переход к «чистым» угольным технологиям.», – рассказал замминистра.

The price of thermal coal, used to generate electricity in power stations, has surged in the past two months as key consumers in China, India, South Korea and Japan rushed for supplies. 

China will increase the share of clean energy sources, including nuclear, in its energy mix.

A global economic recovery in 2021 is expected to drive a short-lived rebound in coal demand following the major drop this year triggered by the Covid-19 crisis,

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.

Global electricity demand in 2020 is projected to fall by around 2%. With the recovery of the global economy in 2021, global electricity demand is expected to grow by around 3%.

China November natural gas production was up by 3.7% from October, the third consecutive month-on-month rise. It was also 11.8% higher from a year-ago level, the data showed.

In 2019, China accounted for 24% of Australia’s thermal coal exports.

Brent prices will average $49/b in 2021, up from an expected average of $43/b in the fourth quarter of 2020. Brent prices will average $47/b in the first quarter of 2021 and rise to an average of $50/b by the fourth quarter.

In October 2020, the Japanese government presented a plan to achieve carbon neutrality by 2050.

China Coal Transportation and Distribution has signed a US$1.5bn agreement with the Indonesian Coal Mining Association (APBI) to buy 200 Mt of thermal coal in 2021.

Corruption and unethical behavior in the energy industry have an international dimension because often projects involve international actors.

The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.