Electricity
2023, January, 25, 10:30:00
CHINA'S ENERGY WILL UP
China’s power consumption will increase by around 6% in 2023 (after an estimated 3.6% increase in 2022) and that the country will instal around 250 GW of new capacity during the year.
2023, January, 25, 10:25:00
U.S. ENERGY WILL UP
According to the latest issue of FERC's monthly "Energy Infrastructure Update" (with data through November 30, 2022), "high probability" additions by solar to U.S. generating capacity between December 2022 and November 2025 will total 72,809 megawatts (MW).
2023, January, 25, 10:15:00
U.S. POWER GRID PROBLEMS
The significant changing consumption needs and generation patterns are causing significant concerns that existing ageing infrastructure is becoming a major source of risk to power grid safety, reliability and financial exposure and in failing to deliver power on the expected 24 x 7, we need.
2023, January, 23, 12:25:00
CHINA'S ENERGY UP
China’s National Energy administration (NEA) has announced that the country’s installed capacity increased by nearly 8% 2022.
2023, January, 11, 11:40:00
OIL PRICES 2023-24: $83 - $78
The Brent crude oil price will average $83 per barrel (b) in 2023, down 18% from 2022, and continue to fall to $78/b in 2024 as global oil inventories build, putting downward pressure on crude oil prices.
2023, January, 9, 12:20:00
GLOBAL ENERGY TRENDS 2023
Electric utilities are facing a future of increased competition, disruptive technologies, and changing customer demands.
2022, December, 13, 13:40:00
U.S. LITHIUM-ION BATTERY INVESTMENT $2.5 BLN
The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.
2022, December, 13, 13:35:00
BRITAIN'S AMERICIUM BATTERIES
NNL said it has been working on this endeavor since 2009, when its researchers first discovered that americium-241, an alternative to Pu-238, is produced during the radioactive decay of used fuel from nuclear reactors and that it emits power for more than 400 years.
2022, December, 7, 11:35:00
OIL PRICES 2023: $92
Falling global inventories of oil in early 2023 will push Brent prices back above $90/b by the beginning of the second quarter of 2023 (2Q23). The Brent crude oil spot price will average $92/b for all of 2023.
2022, December, 5, 11:40:00
CHINA SOLAR POWER UP BY 29%
Having deployed more than 5.6GW of solar in October, China’s cumulative additions for the first ten months of 2022 were 58.2GW, more than was installed in the whole of 2021.
2022, December, 5, 11:35:00
U.S. TWIN ENERGY CRISIS
The sweeping push to replace fossil fuel plants with clean energy is forcing US power grids to the brink of a twin crisis, making electricity unaffordable while raising the specter of more frequent blackouts, a member of the Federal Energy Regulatory Commission said.
2022, December, 5, 11:30:00
FOOLISH ENERGY TRANSITION
Many things about the energy transition are foolish and driven not by science, but by feelings or politics.
2022, December, 5, 11:25:00
ENERGY FOR SMART CITIES
The EU is piloting a project called ENVISION. This explores the possibilities of harvesting energy from the surfaces of buildings.
2022, December, 2, 09:35:00
FRANCE'S COAL ENERGY UP
The plant in the northeastern town of Saint-Avold indeed halted coal production as scheduled earlier this year — but not for long. This week, its workers were back at the controls, transporting coal from storage heaps and refiring furnaces, as part of emergency efforts to keep the heat and electricity on this winter.
2022, November, 25, 10:50:00
EUROPEAN ENERGY PACKAGE
Failure to reach a deal would send a signal that the EU’s united response to the war-driven energy crisis is falling apart -- a political gift for Moscow that Europe is keen to avoid.