2019, January, 16, 11:10:00OIL PRICES 2019-20: $61-65
U.S. EIA - EIA forecasts Brent prices will average $61 per barrel (b) in 2019 and $65/b in 2020. In 2018, Brent prices averaged $71/b.
2019, January, 16, 10:50:00PGGM, SHELL ACQUISITION OF ENECO
SHELL - PGGM and Shell have joined forces to explore the opportunity to participate in the controlled auction for the sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process.
2019, January, 4, 11:25:00GERMAN WIND POWER UP
PLATTS - German wind power output rose to a new annual record in 2018, up 5.4% or 5.7 TWh year on year at 111.4 TWh, TSO data aggregated by think tank Fraunhofer ISE show.
2018, December, 24, 12:00:00U.S. PRIMARY ENERGY PRODUCTION 8.0 QUADRILLION BTU
U.S. EIA - U.S. primary energy production totaled 8.0 quadrillion British thermal units (Btu), a 10% increase compared with September 2017.
2018, December, 14, 08:55:00GERMANY'S RENEWABLE: 38%
PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.
2018, December, 14, 08:50:00EBRD DECARBONISATION STRATEGY
EBRD - the Bank will no longer finance thermal coal mining or coal-fired electricity generation. The Bank will also stop funding any upstream oil exploration, and will not finance upstream oil development projects except in rare and exceptional circumstances, where such investments reduce greenhouse gas emissions.
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.