2018, December, 12, 09:00:00OIL PRICE 2019: $61
U.S. EIA - EIA expects Brent spot prices will average $61 in 2019 and that West Texas Intermediate (WTI) crude oil prices will average about $7/b lower than Brent prices next year. NYMEX WTI futures and options contract values for March 2019 delivery that traded during the five-day period ending December 6, 2018, suggest a range of $36/b to $77/b encompasses the market expectation for March WTI prices at the 95% confidence level.
2018, December, 7, 08:10:00WBG GREEN INVESTMENT $200 BLN
WBG - “There are literally trillions of dollars of opportunities for the private sector to invest in projects that will help save the planet,” said IFC CEO Philippe Le Houérou. “Our job is to go out and proactively find those opportunities, use our de-risking tools, and crowd in private sector investment. We will do much more in helping finance renewable energy, green buildings, climate-smart agribusiness, urban transportation, water, and urban waste management.”
2018, December, 7, 08:05:00FRENCH WIND POWER UP
REUTERS - Electricity generation from French wind turbines rose 17.5 percent in October, boosting French power generation from renewable sources which rose during the month alongside nuclear output, while coal and gas-fired generation fell.
2018, December, 7, 07:35:00NEW ZEALAND'S GREEN INVESTMENT NZ$100 MLN
REUTERS - New Zealand Prime Minister Jacinda Ardern announced a new NZ$100 million ($69.28 million) green investment fund on Wednesday, aimed at boosting private-sector participation in a campaign to achieve zero net carbon emissions by 2050.
2018, December, 3, 11:35:00SOUTH AFRICA'S NUCLEAR
WNN - Energy infrastructure is a critical component of South Africa's National Development Plan (NDP), which was published in 2011 and identifies the need for investment in a strong network of economic infrastructure designed to support the country’s medium- and long-term economic and social objectives. The IRP plays a crucial role in contributing to the objectives of the NDP, the Committee said in its report.
2018, November, 30, 11:05:00U.S. - JAMAICA COOPERATION
U.S. DT - U.S. Secretary of the Treasury Steven T. Mnuchin and Jamaican Prime Minister Andrew Holness today signed an Energy Framework to foster cooperation on energy and infrastructure investment in Jamaica. Secretary Mnuchin and Prime Minister Holness signed the Framework to Strengthen Infrastructure Investment and Energy Cooperation at the U.S. Department of the Treasury. The Framework is part of a U.S. initiative called America Crece, or the Americas Grow.
2018, November, 28, 12:25:00FRANCE UPDATES NUCLEAR
WNN - "I was not elected on a promise to exit nuclear power but to reduce the share of nuclear in our energy mix to 50%," Macron said. He stressed, "To reduce the share of nuclear power is not to give up nuclear power."
2018, November, 28, 12:20:00VIETNAM NEEDS $150 BLN
REUTERS - “Since 2010, the sector invested about 80 billion dollars in generation, transmission and distribution and between now to 2030 another 150 billion dollars needs to be raised,” said Dione, who added that electricity demand in Vietnam will grow by about 8 percent a year for the next decade.
2018, October, 12, 11:35:00OIL PRICES 2018 - 19: $74 - $75
EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.
2018, October, 12, 10:55:00SWITZERLAND'S ENERGY CHANGES
IEA - Switzerland has the lowest carbon-intensity of its energy supply among all IEA countries thanks to a largely carbon-free electricity sector dominated by hydro and nuclear generation. However, with the country’s 2017 decision to gradually phase-out nuclear power, Switzerland faces a considerable energy-sector transition in coming decades.
2018, October, 10, 07:50:00CRITICAL ROLE OF BIOENERGY
IEA - Modern bioenergy will have the biggest growth in renewable resources between 2018 and 2023, underscoring its critical role in building a robust renewable portfolio and ensuring a more secure and sustainable energy system, according to the International Energy Agency’s latest market forecast.
2018, October, 1, 11:40:00RUSSIAN ENERGY - 2018
REW-2018 - Russian President Vladimir Putin will take part in the plenary session ‘Sustainable Energy for a Changing World’ during the Russian Energy Week International Forum.
2018, October, 1, 11:05:00WBG RENEWABLE INVESTMENT: $5 BLN
WBG - The $1 billion in World Bank Group financing is expected to mobilize another $4 billion in concessional climate financing and public and private investments. The program aims to finance 17.5 gigawatt hours (GWh) of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries.
2018, September, 28, 09:30:00NORWAY'S RENEWABLE INVESTMENT $1.2 BLN
PLATTS - Norway's state-owned power company Statkraft is planning annual investments of around NOK10 billion ($1.2 billion, Eur1 billion) in renewable energy in the period 2019-2025, it said.
2018, September, 26, 09:35:00OPEC: GLOBAL ENERGY DEMAND WILL UP BY 33%
OPEC - Total primary energy demand is expected to increase by 91 mboe/d between 2015 and 2040 to reach 365 mboe/d in 2040