December 2020
![December 2020](/cache/12-20/electricity-30.cb1fbb68.jpg)
2020, December, 15, 14:15:00
GLOBAL ELECTRICITY DEMAND UPDOWN
Global electricity demand in 2020 is projected to fall by around 2%. With the recovery of the global economy in 2021, global electricity demand is expected to grow by around 3%.
![December 2020](/cache/12-20/usa-344.2df60e18.jpg)
2020, December, 15, 14:10:00
U.S. PRODUCTION: OIL (-137) TBD, GAS (-744) MCFD
Crude oil production from the major US onshore regions is forecast to decrease 137,000 b/d month-over-month in December from 7,575 to 7,438 thousand barrels/day, gas production to decrease 744 million cubic feet/day from 81,521 to 80,777 million cubic feet/day .
![December 2020](/cache/12-20/china-348.07e7a81a.jpg)
2020, December, 15, 14:05:00
CHINA'S GAS PRODUCTION UP AGAIN
China November natural gas production was up by 3.7% from October, the third consecutive month-on-month rise. It was also 11.8% higher from a year-ago level, the data showed.
![December 2020](/cache/12-20/china-346.1e5ff176.jpg)
2020, December, 15, 14:00:00
CHINA CARBON TARGET 65%
China plans to raise the share of non-fossil fuels in primary energy consumption from around 20% to 25% by 2020, and to raise its total installed capacity of wind and solar power to over 1,200 GW.
![December 2020](/cache/12-20/china-347.9abd1eec.jpg)
2020, December, 15, 13:55:00
CHINESE BAN OF COAL
In 2019, China accounted for 24% of Australia’s thermal coal exports.
![December 2020](/cache/12-20/nuclear-383.5294b5e0.jpg)
2020, December, 15, 13:50:00
NET ZERO NUCLEAR POWER
As opposed to strategies to simply reduce emissions by 20 or 30%, a net zero target requires finding ways to totally eliminate fossil emissions and meet all of our energy needs with very low carbon options.
![December 2020](/cache/12-20/price-928.ae63c18b.jpg)
2020, December, 14, 13:00:00
OIL PRICE: ABOVE $50 YET
Brent rose 67 cents, or 1.3%, to $50.64 a barrel . WTI were up 62 cents, or 1.3%, at $47.19 a barrel.
![December 2020](/cache/12-20/russia-467.8b90464b.jpg)
2020, December, 14, 12:55:00
ВОДОРОДНАЯ ЭНЕРГЕТИКА РОССИИ
«Россия является одним из потенциальных лидеров данного рынка в силу наличия большого ресурса газа как наиболее доступного способа получения водорода.»
![December 2020](/cache/12-20/nord-stream-133.c5c842cd.jpg)
2020, December, 14, 12:50:00
NORD STREAM 2 RESUMED WORKS
"Nord Stream 2 confirms the resumption of pipelay works planned for Dec. 11," a project spokesman told
![December 2020](/cache/12-20/india-163.a4e155a0.jpg)
2020, December, 14, 12:45:00
INDIA'S FUEL DEMAND UP
Consumption of refined fuels, a proxy for oil demand, in November rose 0.4% from the previous month to 17.83 million tonnes