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News
2023, December, 6, 06:40:00
THERMODYNAMIC EQUILIBRIUM FOR CLIMATE
It is actually downward convective heat which can and does proceed from cooler to warmer regions but can only do so because the Loschmidt Gravito-thermal effect exists and is the state of maximum entropy or, as physicists call it, thermodynamic equilibrium.
News
2023, December, 6, 06:35:00
CLIMATIC MARKETS CARTHASIS
Extreme weather events,food supply disruption add urgency to energy transition.Panama Canal drought has effectively reduced carrying capacity due to climate change. Green deal creating incentives on critical minerals.
News
2023, December, 6, 06:30:00
SUSTAINABLE GREENWASHING $2 TLN
There are currently $242bn of funds in the UK marketed as “sustainable”, according to data provider Morningstar Direct, compared with $290bn in the US and nearly $2tn in the rest of Europe.
News
2023, December, 6, 06:25:00
U.S. INFRASTRUCTURE INVESTMENT $1.2 TLN
When Congress passed the IIJA in 2021, it authorized $1.2 trillion in spending over five years for the country’s critical infrastructure - transportation, energy- broadband, water, technology, healthcare, education and more. Currently, it is estimated that between $345 billion and $400 billion has been disbursed to date.
News
2023, December, 6, 06:20:00
SAUDI ARABIAN CLEAN ENERGY
“Right now, we have 22.8 GW of renewable energy projects under different stages of development; 2.8 GW will be operational before the end of the year,” Muneef Al-Muneef, general director of renewable energy policies at the Saudi Ministry of Energy.
News
2023, December, 6, 06:15:00
WORLDWIDE RIG COUNT UP 17 TO 1,794
The Worldwide Rig Count for November was 1,794, up 17 from the 1,777 counted in October 2023, and down 96, from the 1,890 counted in November 2022.
News
2023, November, 30, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $78
Brent fell 15 cents, or 0.2%, to $82.95 a barrel, WTI rose 12 cents, or 0.2%, at $77.98 a barrel.
News
2023, November, 30, 06:50:00
INDIA NEED COAL
In the next four months, India plans to add nearly 3 gigawatts of coal-fired generation, while the following fiscal year, starting from April 1, 2025, will see it add 14 gigawatts, or its highest level in eight years.
News
2023, November, 30, 06:45:00
WHY DOES THE CLIMATE CHANGE?
So why does the climate change? It is most likely due to variations in cloud cover because clouds reflect about 20% of the incident solar radiation back to space. Virtually all climate change in the last few thousand years can be explained if that 20% figure varied just between 19% and 21%.
News
2023, November, 30, 06:40:00
NUCLEAR FUEL FOR HUNGARY
The Hungarian government plans to extend the service of the Paks NPP. Four of its reactors, build by Soviet specialists some 40 years ago, are to go out of operation between 2032 and 2037, but their life span may be extended by 20 years, to 2052-2057. At the same time, the plant’s units Five and Six are now being built in accordance with Rosatom’s designs.
News
2023, November, 30, 06:35:00
JAPAN NEED LNG
Starting in December, Japan will begin operating "Strategic Buffer LNG," or SBL, cargoes in order to be prepared for any supply issues, starting with a minimum of one LNG cargo a month during the country's peak winter demand months over December 2023-February 2024, with JERA having been approved Nov. 24 as the first supplier.
News
2023, November, 30, 06:30:00
BRITAIN NEEDS WARMTH
Right now, 6.3 million UK households are in fuel poverty, according to National Energy Action. That’s up from 4.5 million, recorded in October 2021, when Europe’s energy crunch began, it said. Over the last three months, millions have been using appliances like ovens or going to bed early to stay warm, the study showed.
News
2023, November, 30, 06:25:00
ARTIFICIAL INTELLIGENCE FOR ENERGY SYSTEMS
Next generation AI solutions are quickly making their way from the test labs into utilities. These new tools will make it simpler for mobile service teams and remote employees to complete their work, boosting productivity and improving energy company efficiency.
News
2023, November, 27, 07:00:00
OIL PRICE: BRENT NEAR $80, WTI ABOVE $75
Brent fell 37 cents, or 0.5%, to $80.21 a barrel, WTI were at $75.18 a barrel, down 36 cents, or 0.5%.
News
2023, November, 27, 06:55:00
OPEC+ ONLINE MEETING
With global oil demand set to moderate in the first quarter of 2024, the OPEC+ alliance appears set to extend its production cuts, though the duration is yet to be determined, analysts say. As well, deeper cuts could be considered, some OPEC+ officials have hinted.