Smart energy systems are the future of clean energy. Apart from AI, technologies such as ML and blockchain in the energy sector also significantly impact the shift toward sustainable energy.

Международный форум “Российская энергетическая неделя” снова соберёт на своей площадке участников глобального нефтяного рынка, партнёров по электроэнергетической отрасли в СНГ, чтобы дать ответы на актуальные вопросы развития мировой энергетики.

The possibility of replacing coal power plants with nuclear capacity is being actively explored in the USA and elsewhere.

Renewable generation sources include conventional hydropower, wind, solar, geothermal, and biomass. In the United States, most renewable electricity generation comes from hydropower, solar, and wind.

The developed nations of Europe and the UK have played into the hands of Russia by closing coal and nuclear generation facilities and becoming dependent on renewables and Russian natural gas, rather than developing their own natural gas reserves.

The Brent crude oil spot price averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023.

The growing emphasis on ESG is a key component in the upstream oil and gas industry.

The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.

The legislation is aimed at reducing carbon emissions and shifting consumers to green energy,

Saudi Arabia’s Permanent Representative to the UN Dr. Abdul Aziz Al-Wasel on Monday emphasized the importance of “adopting sustainable and cost-effective methods to achieve ambitious climate goals.”

“Nuclear cogeneration has an enormous potential to contribute to sustainable development while reducing carbon emissions, by taking advantage of the carbon free heat of nuclear power plants to provide fresh water, district heating, process heat and hydrogen,”

Indeed, by 2025, companies in the steel, building materials, petrochemicals, non-ferrous metals, consumer goods, equipment manufacturing and electronics sectors with an annual revenue of CNY20m (US$2.9m) or more will have to cut their energy use by 13.5% from 2020 levels.

Design certification means that the NRC has determined a nuclear power plant design meets all its applicable safety requirements, independent of an application to construct or operate a plant.

The first project, with a capacity of 1 GW, may be supplemented later by a second plant of 1 GW, which could have either fixed foundations or floating wind turbines anchored to the ocean floor.

For the first five months of 2022, solar, wind, and other renewable energy sources provided 25.7% of U.S. electricity – more than either coal or nuclear power and up from 22.9% a year earlier.