The daily minimum temperature in some areas of northwest China, Inner Mongolia, north China, northeast China, central and eastern Huanghuai and eastern Jianghuai regions would be more than 7 degrees Celsius lower than the historical low for this period, the CMO said.

The United States is entering a period of severely constrained electric supply. Demand is rising — including anticipated electric load from artificial intelligence, the need to shutter all coal facilities, and the limits to transmission from the renewable resources (wind and sun) 0f the West — and it will overwhelm the system unless it is substantially augmented with new generation.

Europe will need to invest 584 billion euros ($637 billion)to upgrade its power grids this decade, according to European Union estimates.

Russia is expected to reduce both oil and natural gas production this year, according to Deputy Prime Minister Alexander Novak. Oil is projected to fall by 8 million tons to 527 million tons, compared to 535 million tons last year, he said.

The U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide.

Blockchain's ability to enable peer-to-peer (P2P) transactions and operate a decentralized marketplace can facilitate consumers to be the producers of energy.

The Brent crude oil price will increase from an average of $90 per barrel (b) in the fourth quarter of 2023 to an average of $93/b in 2024.

A total of $3.5 billion will flow to 58 projects selected in 44 different states for funding. All the named projects are designed to make energy infrastructure climate-proof. Anticipated results include expanding clean energy suppliers, microgrid investments, and significantly increasing gigawatts of renewable energy capacity.

Addressing electric transmission capacity constraints and congestion is an existential necessity to maintain grid reliability while meeting demand.

Funding and support are abundantly available for clean energy projects in America. The federal government has allocated billions in funding to incentivize Americans to move to clean energy.

This month, the California Public Utilities Commission announced $200 million for utilities to invest in multi-customer microgrids.

The definition of a Smart City is “a municipality that uses information and communication technologies to increase operational efficiency, share information and improve both the quality of government services and citizen welfare.”

Today announced $3.46 billion for 58 projects across 44 states to strengthen electric grid resilience and reliability across America.

«Китай и Индия – стратегические партнёры России в части выстраивания нового, справедливого энергорынка и торговой инфраструктуры. Реализуются совместные инвестиционные проекты на территориях обеих стран. Прорабатываются или уже имеются планы по расширению трубопроводных мощностей по доставке нефти и газа из России в Китай», – заявил Николай Шульгинов.

The Brent spot price increasing to average $95 per barrel (b) in 2024.