A project to demonstrate the production of hydrogen in integrated energy systems at US nuclear power plants is one of three selected by the US Department of Energy (DOE) to receive a share of USD15 million in its latest announcement of project selectees.

Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year. EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020.

«Мы живем во время стремительных технологических перемен. Развитие мирового энергетического рынка сопровождается ускоренным развитием технологий. Интерес энергетической отрасли к технологиям подтверждает и тот факт, что объем сделок по финансированию стартапов крупнейших нефтегазовых компаний в 2017 году был максимальным за всю историю», - рассказал Антон Инюцын в своем докладе.

Investment in new renewable energy is on course to total $2.6 trillion in the years from 2010 through the end of 2019, according to a study by BloombergNEF for the United Nations Environment Program and Frankfurt School’s UNEP Center published Thursday.

Nuclear energy is capable of providing both clean electricity and various economic benefits.

The Swiss government has announced it will cut its greenhouse gas emissions to a net-zero level by 2050. According to Swiss government statistics, about 60% of Switzerland's electricity generation comes from renewable sources, most of it from hydro (56.6%). Nuclear contributes about 37.6% and about 2.5% comes from fossil fuels.

Dubai and China have expressed keenness to enhance cooperation in energy-related areas, especially clean and renewable energy.

India will require US$500 – 700 billion in renewable energy and supporting grid investment over the coming decade in order to meet its renewable energy targets

Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy.

Coal currently makes up around 60% of the country’s energy mix versus about 5% from geothermal power, according to data from state utility company PT Perusahaan Listrik Negara (PLN).

Iberdrola will receive 1.63 billion pounds ($2 billion) for the 40% stake

Australia will give A$500 million ($339 million) to Pacific island nations for renewable energy projects and to help them prepare for the impact of climate change

Brent crude oil spot prices averaged $64 per barrel (b) in July, almost unchanged from the average in June 2019 but $10/b lower than the price in July of last year. EIA forecasts Brent spot prices will average $64/b in the second half of 2019 and $65/b in 2020. The forecast of stable crude oil prices is the result of EIA’s expectations of a relatively balanced global oil market. EIA forecasts global oil inventories will increase by 0.1 million barrels per day (b/d) in 2019 and 0.3 million b/d in 2020.

"Nuclear energy is the only absolutely stable (and always available) source of electricity without carbon emissions. Therefore, we hear more and more voices, including from environmentalists, who claim that nuclear energy should play a more important role in the future energy mix. Personally, I am certain of this."

German solar generated a record 46 TWh in 2018, covering 8% of electricity demand.