Electricity
2019, January, 28, 10:05:00
U.S. ENERGY OUTLOOK 2019
EIA - U.S. crude oil production continues to set annual records through the mid-2020s and remains greater than 14.0 million barrels per day (b/d) through 2040. The continued development of tight oil and shale gas resources, particularly those in the East and Southwest regions, supports growth in NGPL production—which reaches 6.0 million b/d by 2030—and dry natural gas production. Dry natural gas production reaches 43.4 trillion cubic feet by 2050.
2019, January, 25, 08:25:00
RUSSIA'S NUCLEAR ELECTRICITY: 18.7%
ROSATOM - At the present time, the share of nuclear generation in the total energy mix of the country is 18,7% of the total electricity generation in Russia. Thus, each fifth electric bulb in the Russian Federation is lit owing to energy produced at nuclear power plants.
2019, January, 23, 10:55:00
GERMANY NEED COAL
PLATTS - The government-appointed coal commission is finalizing recommendations this week for the phase-out of coal-fired power stations, which provide 35% of Germany's generation mix.
2019, January, 16, 11:10:00
OIL PRICES 2019-20: $61-65
U.S. EIA - EIA forecasts Brent prices will average $61 per barrel (b) in 2019 and $65/b in 2020. In 2018, Brent prices averaged $71/b.
2018, December, 26, 07:35:00
MARKET WILL BE BALANCED
REUTERS - “I think that during the first half, due to joint efforts, which were confirmed by the OPEC and non-OPEC countries this December, the situation will be more stable, more balanced,” Novak said in an interview on Rossiya-24 TV.
2018, December, 24, 12:00:00
U.S. PRIMARY ENERGY PRODUCTION 8.0 QUADRILLION BTU
U.S. EIA - U.S. primary energy production totaled 8.0 quadrillion British thermal units (Btu), a 10% increase compared with September 2017.
2018, December, 14, 08:55:00
GERMANY'S RENEWABLE: 38%
PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.
2018, December, 14, 08:50:00
EBRD DECARBONISATION STRATEGY
EBRD - the Bank will no longer finance thermal coal mining or coal-fired electricity generation. The Bank will also stop funding any upstream oil exploration, and will not finance upstream oil development projects except in rare and exceptional circumstances, where such investments reduce greenhouse gas emissions.
2018, December, 12, 09:00:00
OIL PRICE 2019: $61
U.S. EIA - EIA expects Brent spot prices will average $61 in 2019 and that West Texas Intermediate (WTI) crude oil prices will average about $7/b lower than Brent prices next year. NYMEX WTI futures and options contract values for March 2019 delivery that traded during the five-day period ending December 6, 2018, suggest a range of $36/b to $77/b encompasses the market expectation for March WTI prices at the 95% confidence level.
2018, November, 28, 12:40:00
U.S. SUBSTANTIAL DAMAGES
PLATTS - Overall, the report found that without more significant global mitigation, "climate change is projected to impose substantial damages on the US economy, human health and the environment."
2018, November, 28, 12:20:00
VIETNAM NEEDS $150 BLN
REUTERS - “Since 2010, the sector invested about 80 billion dollars in generation, transmission and distribution and between now to 2030 another 150 billion dollars needs to be raised,” said Dione, who added that electricity demand in Vietnam will grow by about 8 percent a year for the next decade.
2018, November, 28, 12:15:00
TOTAL'S ENERGY FOR FRANCE
REUTERS - Total’s French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and Engie with a low-cost, digital service it believes could mimic Uber’s success in the taxi market.
2018, November, 16, 09:00:00
FRENCH NUCLEAR POWER: 396 TWH
PLATTS - French nuclear performance has improved following a near-record low 379 TWh in 2017, but this is still only the fourth time this century for annual output below 400 TWh for the current fleet of 58 reactors.
2018, November, 14, 11:55:00
NUCLEAR NEEDS INVESTMENT
WNN - world electricity generation increases from 25,679 TWh in 2017 to 30,253 TWh in 2025 and to 40,443 TWh in 2040. Global nuclear generation increases from 2637 TWh in 2017 to 3726 TWh in 2040, when it will account for around 9% of total electricity production, down from the current level of about 10.5%. Fossil fuels remain the major source for electricity generation under this scenario, but their share falls from around two-thirds today to under 50% by 2040.
2018, November, 5, 11:50:00
ADNOC'S CAPEX $132 BLN
MEOG - ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020