Homeowners in Sweden have already started adopting strategies to lower their consumption — turning down the heating, closing off rooms, using alternative heat sources like wood log burners and wearing thick woolly socks.

The country's installed capacity reached 99.8 GW by the end of 2021 (up from over 96 GW in late 2020).

Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.

Nuclear accounted for 52% of Belgium's electricity generation in 2021 (compared to 40% in 2020) thanks to the high availability of the nuclear fleet,

Renewables accounted for 59% of Portugal's power consumption in 2021

In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power grid,

The share of renewables in the power mix declined from 48% in 2020 to less than 43% in 2021, with 23% of wind, 9% of solar and 11% of biomass, hydropower and other renewables.

Overall, renewables accounted for nearly 47% of the country's power generation in 2021 (compared to 44% in 2020), with 23% of wind, 11% of hydro and 10% of solar.

CO2 emissions from power generation thus rose by 13% in 2021, though remaining within the path of the Climate Protection Act.

The United Kingdom is aiming to secure 12 GW of electricity capacity in the fourth round of the CfD scheme;

We expect Brent prices will average $71/b in December and $73/b in the first quarter of 2022 (1Q22). For 2022 as a whole, we expect that growth in production from OPEC+, of U.S. tight oil, and from other non-OPEC countries will outpace slowing growth in global oil consumption, especially in light of renewed concerns about COVID-19 variants. We expect Brent prices will remain near current levels in 2022, averaging $70/b.

Power Grid Corporation of India Ltd (PGCIL), through its subsidiary Central Transmission Utility of India (CTU), had earlier filed a petition to execute power transmission infrastructures for up to 18.5 GW of renewables energy zones in southern India

Natural gas prices also had an impact on November's power prices. At the Houston Ship Channel, spot gas this November has averaged $4.788/MMBtu, down from October's $5.29/MMBtu but up from November 2020's $2.597/MMBtu.

This week, FERC and NERC published their Final Report on the the February 2021 cold weather event in Texas and the South Central United States.

Texas’s freewheeling electricity sector has flaws that were exposed during the deep freeze.