July 2023

Brent fell 42 cents, or 0.5%, to $83.82 a barrel, WTI fell 34 cents, or 0.4%, to $79.75 a barrel.

These projects total 167 gigawatts of new generation capacity. The total monetary value is estimated to be $33 billion. That is assuming they get built.

Ministers "put green hydrogen and low carbon hydrogen at center stage and everybody has agreed to it . . . the consensus among all the ministers was that this has formed the basis of the next COP," said the meeting's Chair and India's Power and New and Renewable Energy Minister, RK Singh.

This will boost UK energy security, reduce dependence on volatile fossil fuel imports, create more affordable power and grow the economy, with the nuclear industry estimated to generate around £6 billion for the UK economy.

The Ghana Nuclear Power Programme Organisation was formed to oversee the implementation and coordination of the nuclear power programme following a 2008 cabinet decision to include nuclear in the energy mix of the African country.

While that trails California’s 52%, Texas is a bigger market. It’s already No. 1 in wind, making it the largest clean energy market in the US.

Brent rose 63 cents to $80.27 a barrel, WTI climbed 62 cents to $76.27 a barrel.

Benchmark futures settled 3.9% higher after another session of sharp price moves. Searing temperatures in parts of the region and global competition for liquefied natural gas continue to provide upward pressure — even as flows from Norway, Europe’s top supplier, return to levels last seen in April.

BNEF estimates that the global annual green investments would need to almost triple to $6.9 trillion by 2030 to have any hope of getting to net zero by 2050.

Wind employs twice as many people as coal power generation. However, coal still produces 19.5% of our electricity while wind only accounts for 10.2%.