Electricity
![Electricity](/cache/06-20/china-32.51d646d1.jpg)
2020, June, 17, 12:10:00
THE NEW CHINA'S REFINERY $6.2 BLN
China’s state-owned refining group Sinopec has commissioned a greenfield 200,000 bbl/d refinery in Zhanjiang
![Electricity](/cache/06-20/indonesia-33.a47eb1b3.jpg)
2020, June, 17, 12:05:00
CHINA'S HYDROPOWER FOR INDONESIA $1.6 BLN
China Gezhouba Group (CGG) has signed a CNY11.5bn (US$1.6bn) contract with PT Indonesia Dafeng Heshun Energy Industri to build the 1,200 MW Data Dian hydropower project in North Kalimantan (Indonesia).
![Electricity](/cache/06-20/electricity-18.b0bbf646.jpg)
2020, June, 16, 14:00:00
GLOBAL ELECTRICITY CONSUMPTION UP
Global electricity consumption continues to increase faster than world population, leading to an increase in the average amount of electricity consumed per person (per capita electricity consumption),
![Electricity](/cache/06-20/energy-145.421b0618.jpg)
2020, June, 15, 13:50:00
ЭНЕРГОСТРАТЕГИЯ-2035: УСКОРЕННЫЙ ПЕРЕХОД
Российской Федерации потребуется ускоренный переход (модернизационный рывок) к более эффективной, гибкой и устойчивой энергетике,
![Electricity](/cache/06-20/price-485.eefde8f0.jpg)
2020, June, 10, 12:55:00
OIL PRICES 2020-21: $37-$48
monthly Brent prices will average $37/b during the second half of 2020 and rise to an average of $48/b in 2021.
![Electricity](/cache/06-20/iraq-73.f7e273e8.jpg)
2020, June, 5, 12:10:00
IRAN'S ENERGY FOR IRAQ
Iran signed an agreement on exports of electricity to neighboring Iraq, covering 2020 and 2021.
![Electricity](/cache/06-20/energy-140.dd22d60f.jpg)
2020, June, 4, 11:30:00
U.S. RENEWABLES INITIATIVE
Ten countries, including Canada, Australia and Brazil, joined the United States last year to form the Energy Resource Governance Initiative, or ERGI,
![Electricity](/cache/06-20/iran-216.e8be7bba.jpg)
2020, June, 4, 11:25:00
IRAN, IRAQ ENERGY COOPERATION
The US in May extended Iraq's sanctions waiver for 120 days to import Iranian electricity,
![Electricity](/cache/06-20/peru-1.368a7ebe.jpg)
2020, June, 4, 11:00:00
PERU ELECTRIC INVESTMENT $1.3 BLN
In 2017, Peru set a target of 100% rural electrification by 2021, requiring new transmission lines.
![Electricity](/cache/05-20/usa-182.b718fdc3.jpg)
2020, June, 1, 11:00:00
OH THESE TERRIBLE RUSSIANS!
It is clear the Chinese, Russians, North Koreans, Iranians, etc. have been actively trying to hack into the US grid
![Electricity](/cache/05-20/usa-184.f97e2ca8.jpg)
2020, June, 1, 10:15:00
US ELECTRIC UTILITIES FINANCIAL PRESSURE
U.S. electric utilities face increasing pressure to achieve financial targets. The current pandemic in the U.S. further compounds the problem that utilities have seen coming for several years.
![Electricity](/cache/05-20/solar-20.54c3dc8b.jpg)
2020, May, 28, 11:20:00
AUSTRALIA'S SOLAR AND BATTERY MICRO-GRIDS
“Stand-alone power systems, which are usually a combination of solar, batteries and a back-up generator, are getting cheaper and more sophisticated. In contrast, supplying customers using poles and wires in remote areas can be very costly.”
![Electricity](/cache/05-20/brazil-3.1a0e7c2c.jpg)
2020, May, 28, 11:15:00
BRAZIL'S SUPPORT TO POWER SECTOR $2.9 BLN
The Brazilian government has approved a BRL15.6bn (US$2.9bn) loan to support the Brazilian power sector
![Electricity](/cache/05-20/blockchain-2.4025fb48.jpg)
2020, May, 28, 11:10:00
BLOCKCHAIN FOR ENERGY
Blockchain’s primary value is providing mathematical proof about the state of data, so that different parties to a transaction can agree on the outcome even if they do not know or trust each other.
![Electricity](/cache/05-20/price-435.9873ca9c.jpg)
2020, May, 25, 12:45:00
U.S. ENERGY MARKET DOWN
Oil markets are being significantly disrupted due to global market dynamics and the coronavirus pandemic, the oil price crash was "causing financial and credit challenges, including oil company bankruptcies."