In May 2022, Spain and Portugal created an extraordinary and temporary mechanism in Spain and Portugal to protect consumers from the rise in electricity prices,

The Brent price will average $108/b in the second half of 2022 (2H22) and then fall to $97/b in 2023.

China annual power generation from renewable energy sources will reach 3.3 trillion kWh by 2025.

Ultimately the quality of our lives depends – in large part – on the critical infrastructure we rely on every day.

A key focus of 40107 is around the digitalization of utilities and encouraging investment in new technologies, like smart grid capabilities and utility analytics, that can lead to faster, more intelligent, and automated decision-making and promote resiliency.

The so-called “four D’s” of energy disruption have served as a helpful way to describe the energy transition taking place, namely, decarbonization, democratization, decentralization, and digitalization.

Reports of more than 300 utility-scale solar projects have been stalled or delayed in recent weeks, and solar installers across the country are nervous this crawl could last for an extended period.

In July 2021, the Brazilian president signed into law the basic text of a bill allowing the privatisation of Eletrobras, following approvals of the text by the Chamber of Deputies in May 2021 and the Senate in June 2021.

Tunisia will launch international tenders in June 2022 in order to build 2 GW of renewable power capacity on its territory.

Николай Шульгинов подчеркнул, что для обеспечения энергетической безопасности энергосистем Центральной Азии необходима совместная разработка мер нормативного, организационного и технического характера.

Стороны обсудили вопросы по формированию общего рынка газа, а также функционирование общего электроэнергетического рынка ЕАЭС.

The energy price cap is likely to soar to a record £2,800 ($3,499) in October, Ofgem Chief Executive Officer Jonathan Brearley told a panel of lawmakers on Tuesday.

...В этом плане Россия впереди многих стран и в энергобалансе у нас практически 50 ГВт ГЭС», – добавил глава Департамента.

The Finnish transmission system operator (TSO) Fingrid estimates that there is no threat to the sufficiency of electricity in the country since electricity imports from Russia covered about 10% of Finland’s total consumption before the suspension.

All this progress, however, could be derailed without a massive overhaul of America’s antiquated electric infrastructure – a task some industry experts say requires more than $2 trillion.