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Germany's economy is aiming for renewables to provide 65% of its power mix by 2030.

Министр рассказал, что в 2019 году были достигнуты исторические цифры по добыче нефти, газа, по выработке электроэнергии, установлены очередные национальные рекорды. Ожидается, что добыча нефти по итогам года составит порядка 560 млн тонн, газа – 737 млрд кубических метров, угля – 437 млн тонн, выработка электроэнергии прогнозируется на уровне 1,102 трлн кВт.ч.

If your business case depends on the cost of energy or the cost of storage remaining where they are, ask yourself, what if the cost goes down 50%? That’s only 3 years of decline at 20%/year.

The decentralization of our electricity grid is inevitable. Distributed energy resources (DERs) are becoming increasingly attractive for consumers as prices continue to drop and political and environmental pressures continue to mount.

Electricity generation from coal will rise only marginally over that period, at less than 1% per year – and its share will decline from 38% in 2018 to 35% in 2024. This means coal remains by far the single largest source of power supply worldwide.

Особое внимание было уделено сотрудничеству в сфере энергетики, в том числе проекту нефтепродуктопровода «Пуэнт-Нуар – Лутете – Малуко-Трешо», работе российских нефтегазовых компаний АО «Зарубежнефть» и ПАО «ЛУКОЙЛ», перспективам взаимодействия в области электроэнергетики, а также сотрудничеству в области атомной энергетики.

Technology continues to grow in its importance in all industries, including the utility sector. Utilities face special challenges as they try to meet increasing demands from customers, regulators, and a market that’s becoming increasingly diverse.

As with many industries, the expectations for distribution power companies are that they either hold their operating costs flat year over year, or that they reduce their O&M expenditures each year.

The study on the European interconnector market was carried out by energy data analyst EnAppSys and it showed that France had total net exports of 39.4 TWh during the period from January 1 to November 30, with most of the power flowing to Italy (13.3 TWh) and Germany (11 TWh).

India's power demand fell 4.3% in November from a year ago, representing the fourth straight month of decline, government data showed, potentially reflecting a worsening industrial slowdown which has stifled overall economic growth.

“Наиболее активно энергетическое взаимодействие России и Вьетнама традиционно развивается в нефтегазовой, электроэнергетической сферах и, в особенности, в угольном сегменте - экспорт угля из России во Вьетнам за прошедшие 9 месяцев 2019 года увеличился сразу на 172%, до 4,52 млн тонн. В то же время поставки нефтепродуктов выросли на более, чем 35% до 87,5 тыс тонн”, - сказал Александр Новак.

The move by Brussels underscores growing European awareness that key industries risk falling behind if they don’t fill manufacturing gaps in energy storage technology. Lithium-ion batteries are poised to power the next generation of plug-in cars. They also promise to help balance electric grids transmitting renewable energy like wind and solar.

Brent crude oil spot prices averaged $63 per barrel (b) in November, up $3/b from October. EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.

Cumulative U.S. installed onshore wind capacity exceeded 100 gigawatts (GW) on a nameplate capacity basis as of the end of September 2019,