Energy Transition
2023, June, 9, 06:40:00
OIL PRICES 2023-24: $79 - $84
The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.
2023, June, 9, 06:30:00
GLOBAL ENERGY CHALLENGES
As the energy transition/energy addition continues, many changes are occurring that will impact the performance of grid reliability.
2023, June, 9, 06:25:00
U.S. CLEAN ENERGY INVESTMENT
These incentives represent the largest climate investment in U.S. history and aim to reduce emissions by approximately 40% by 2030.
2023, June, 2, 06:55:00
RUSSIAN NUCLEAR CHANGES
“Over the next 10 years there will be around a dozen units, which will need to be decommissioned. These are RBMK units. Some of them may have their operating loves slightly extended, but the vast majority will have to be decommissioned, as they say, in real time. Therefore, we need to build 17 units by 2035." Likhachev said
2023, June, 2, 06:50:00
GLOBAL CLIMATE SCAM
Last fall, when the Institute for Energy Economics and Financial Analysis looked into the world’s 13 “flagship, large-scale” CCS projects, representing about 55% of global carbon capture capacity, it found that seven of the 13 projects underperformed, two failed outright, and one had to be mothballed.
2023, June, 2, 06:45:00
GLOBAL RENEWABLE MADNESS
Wind and solar need to be backed up, close to 100 per cent, by some other means of power generation. If that backup is provided by open-cycle gas or worse, coal, net zero will never be achieved: nor anything very close to it.
2023, June, 2, 06:40:00
GLOBAL CLEAN ENERGY INVESTMENT
"For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one," Birol said.
2023, June, 2, 06:35:00
THE FIRST CHINA'S NUCLEAR ENERGY
China is ranked first for the number of nuclear power reactors under construction; it has 22 reactor units under construction, concentrated along the east and south coasts.
2023, June, 2, 06:30:00
BRITAIN'S SOLAR COLLAPSE
Interpath Advisory was appointed to handle the administration and sale of Toucan last November, as Thurrock Council in Essex revealed it was owed £692 million ($857 million) by the business. Interpath, which has hired advisers from KPMG to oversee an auction of the 53 sites, is hoping to recover losses through the sale of the farms.
2023, May, 26, 06:45:00
IAEA, CHINA NUCLEAR PARTNERSHIP
"China is one of the IAEA's most important partners and a global leader in nuclear energy,"
2023, May, 19, 06:40:00
U.S. HYDROPOWER INVESTMENT $600 MLN
Hydropower currently provides 6% of all electricity in the United States and accounts for 32% of renewable-electricity generation, as well as 93% of all utility-scale energy storage.
2023, May, 19, 06:30:00
RENEWABLES FOR BRITAIN
In order to meet this goal, the UK must produce five times as much solar and four times more wind.
2023, May, 19, 06:25:00
EUROPEAN NUCLEAR RENEWABLES
France, which relies on nuclear for the bulk of its electricity supply, has been pushing to allow a greater role for the technology in the energy transition.
2023, May, 5, 18:20:00
НОВАЯ ЭНЕРГОСТРАТЕГИЯ РОССИИ
Неопределённость, настигшая мировой энергетический рынок в последние несколько лет, связанная сначала с пандемией коронавируса, а потом и с искусственными ограничениями, наложенными на российские энергоресурсы, в дальнейшем будет лишь увеличиваться
2023, May, 5, 18:15:00
IMPROVING ENERGY EFFICIENCY IN RUSSIA
The goal of reducing the GDP’s energy intensity by 40 percent, as stipulated by the Presidential Executive Order of 2008, had not been achieved.