What fuels increased electricity production year-on-year? Coal – up 34.7% (112.5 million MWh) Wind – up 10% (17.4) Solar – up 29% (12.6)

We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining to an annual average of $66/b.

In fact, “renewable” energy is the least renewable, sustainable, eco-friendly energy source of all. Any ESG program that fails to recognize this is dishonest, even fraudulent – and must be reformed or scrapped.

From small wind, micro hydro, tidal, geothermal, biomass, and even hydrogen fuel cell technology, any of these combinations contain the keys to unlocking a hybrid solution that will overcome the dependence we have on fossil fuels.

India’s electricity capacity amounts to 412 GW (end of 2020), with the following capacity mix: 68% thermal (57% coal, 7% gas, 3% biomass, 1% oil), 12% hydro, 9% wind and solar each, and 1.6% nuclear.

The renewable optimists, however, have long insisted that improved battery storage technology is right around the corner and will solve all renewable scalability issues.

Together, every one of these solutions will contribute to what’s being called the smart grid of the future.

CGE is one of the largest electricity distribution companies in Chile and supplies electricity to 45% of the country's households.

The Solar Energy Corporation of India (SECI) plans to tender a 2,000 MWh standalone energy storage system (ESS).

Meanwhile, as the benefits of grid digitization have failed to live up to expectations, the associated security risks have been very real.

We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).

“The United States and Canada have a shared commitment to protect our planet and ensure that all pockets of North America have access to affordable, clean energy,” said Granholm.

NNL says the UK has set a world-leading net zero greenhouse gas emissions commitment and the nuclear fuel cycle is crucial to the role of nuclear technology in decarbonising the future energy system.

Electrical generation by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) set a new record in April 2021 and accounted for 25.7% of total US production.

The UK’s Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, and Norway’s Minister of Petroleum and Energy, Tina Bru, issued a joint statement during Kwarteng's visit to Oslo for their first in-person meeting.