News
2023, March, 10, 16:45:00
U.S. RENEWABLES UP BY 12%
The latest issue of EIA's "Electric Power Monthly" report (with data through December 31) reveals that renewable energy sources (including small-scale solar systems) increased their electrical output by 12.37% last year compared to 2021.
2023, March, 10, 16:40:00
U.S. RENEWABLES GROWTH
The US Department of Energy (DOE) has numerous programs that provide funding to support energy resilience projects throughout the country.
2023, March, 10, 16:35:00
DIGITAL GREEN GRID
By leveraging digital technologies like artificial intelligence, data analytics, and the Internet of Things (IoT), the Digital Green Grid can optimize energy production, distribution, and consumption in real-time, reducing waste and maximizing efficiency.
2023, March, 10, 16:30:00
U.S. OIL INVENTORIES DOWN BY 1.7 MB TO 478.5 MB
U.S. commercial crude oil inventories decreased by 1.7 million barrels to 478.5 million barrels.
2023, March, 3, 12:25:00
OIL PRICE: BRENT BELOW $85, WTI NEAR $78
Brent dipped 18 cents, or 0.2%, to $84.57 a barrel , WTI were down 16 cents, also 0.2%, at $78.00 a barrel.
2023, March, 3, 12:20:00
TECHNOLOGICAL SOVEREIGNTY OF RUSSIAN ENERGY
The participants discussed ways to ensure Russia’s technological sovereignty in the electricity and heating sectors, including by localising the manufacturing of energy-efficient equipment for high-capacity gas turbines and providing for the maintenance of imported gas turbine power units, as well as switching to Russian software in the electricity and heating sectors
2023, March, 3, 12:10:00
CHINA GAS DEMAND WILL UP
China's apparent gas consumption was 366.3 billion cubic metres in 2022, down 1.7% from the previous year, data from the country's National Development and Reform Commission showed.
2023, March, 3, 12:05:00
INDIA NEED COAL
India is bracing for another summer of grueling heat that’s likely to push power demand to a record and pressure the country’s grid, which relies on coal for about 70% of electricity generation.
2023, March, 3, 12:00:00
RUSSIAN OIL PRODUCTS EXPORTS DOWN
The EU banned imports of Russian oil products from Feb. 5, two months after imposing restrictions on seaborne crude shipments from the country.
2023, March, 3, 11:55:00
GERMANY'S RENEWABLE PRICES UP
After excluding 7 bids due to formal errors, the regulator selected 119 proposals with prices ranging between €7.24c/kWh and the maximum permissible value of €7.35c/kWh. The volume-weighted average reached €7.34c/kWh (+25% compared to the previous round).
2023, March, 3, 11:50:00
U.S. NUCLEAR INVESTMENT $6 BLN
The U.S. Department of Energy (DOE) released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment
2023, March, 1, 11:40:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77 ANEW
Brent rose 45 cents, 0.5%, to $83.90 a barrel, WTI gained 42 cents, or 0.6%, to $77.47 a barrel.
2023, March, 1, 11:25:00
U.S., BRITAIN ENERGY COOPERATION
The U.K. and U.S. announced the Strategic Energy Dialogue (SED) in June 2021 as the primary bilateral forum to enhance and expand cooperation across shared energy security and resilience, clean energy, and net zero objectives.
2023, March, 1, 11:20:00
EUROPEAN ENERGY COOPERATION
"Nuclear energy is one of many tools to achieve our climate goals, to generate base-load electricity and to ensure security of supply," the French ministry noted.
2023, March, 1, 11:15:00
CHINA'S HYDROPOWER STATION 16 GW
The Baihetan station is the world's second-largest hydropower station by capacity, behind China's Three Gorges hydropower station with 22.5 GW of installed capacity.