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May 2024

May 2024
2024, May, 28, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI NEAR $79
Brent ose 21 cents to $83.31 a barrel, WTI were at $78.90 a barrel.
May 2024
2024, May, 28, 06:55:00
OPEC+ RUSSIA BALANCE
As part of the OPEC+ agreement and voluntary reductions taken by a number of countries, including the Russian Federation, production restrictions were extended to the second quarter of 2024.
May 2024
2024, May, 28, 06:50:00
РОССИЯ: БОЛЬШЕ ЭЛЕКТРОЭНЕРГИИ
Согласованы основные технические и экономические параметры к проведению долгосрочного конкурентного отбора проектов строительства в 2024 году новой генерации в суммарном объёме 1555 МВт,
May 2024
2024, May, 28, 06:45:00
U.S. ENERGY DEMAND UP
Committee chairman Sen. Joe Manchin (D., W. Va.) and other members spoke about the grid needing to rely on fossil fuels longer than expected and attendant delays to the transition to emissions-free energy, upsetting a major part of President Biden’s climate change agenda.
May 2024
2024, May, 28, 06:40:00
RUSSIAN URANIUM BAN PERMISSION
The Prohibiting Russian Uranium Imports Act was signed into law by President Joe Biden earlier this month and will go into effect on 11 August. The ban runs until the end of 2040, but the DOE may waive the ban, under certain conditions, to allow the import of limited amounts of material up until 1 January 2028.
May 2024
2024, May, 28, 06:35:00
AUSTRALIAN ENERGY CRISIS
Australia stands on the precipice of an impending power shortage crisis, set to hit households and businesses along its eastern coastline by 2027.
May 2024
2024, May, 28, 06:30:00
U.S. ENERGY STORAGE 1.5 TW
According to a 2021 McKinsey report, we’ll need more than 1.5 TW of long-duration storage by 2040 to maintain grid reliability.
May 2024
2024, May, 28, 06:25:00
THE NEW FUSION RECORD
WEST’s latest campaign, which started in mid-January set a new plasma duration record of 6 minutes and 4 seconds, with an injected energy of 1.15 GJ, along with a steady-state central electron temperature of 4 keV (50m degrees Celsius), and an electron density twice that of discharges obtained in the tokamak’s previous configuration, Tore Supra.
May 2024
2024, May, 28, 06:20:00
TEXAS ENERGY STRESS
Already in mid-April, August power prices for Dallas soared to $168.70 a megawatt-hour, which was the highest level in five years for this time of the year,
May 2024
2024, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.