2018, March, 11, 11:15:00U.S. RENEWABLE ENERGY: $1.4 BLN
PLATTS - New York Governor Andrew Cuomo Friday announced that 26 large-scale renewable energy projects were selected to help the state meet its clean energy goals, and he pushed back against the Trump administration's offshore oil and gas drilling plans.
2018, February, 16, 23:15:00DEWA INVESTS $22 BLN
AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.
2018, February, 2, 12:05:00SOUTH AFRICA'S GAS UP
EIA - South Africa is one of the world’s leading emitters of energy-related carbon dioxide (CO2), ranking fifteenth globally in 2015 and accounting for more than any other country in Africa. In an effort to reduce CO2 emissions, South Africa is planning to diversify its energy portfolio, replacing coal with lower CO2-emitting fuels such as natural gas and renewable sources. The country’s Intended National Determined Contribution, submitted as part of the Paris Agreement, plans for CO2 emissions to peak by 2025, remain flat for a decade, and begin to decline around 2035.
2018, January, 22, 08:30:00SAUDIS CLEAN INVESTMENT
BLOOMBERG - Mexico, Chile and Peru offer strong potential for growth in renewable energy, and governments in the region are courting international investors to help diversify the electricity mix.
2018, January, 15, 09:40:00JAPAN'S RENEWABLE ENERGY
BLOOMBERG - Japan’s plans to develop its renewable energy industry are lagging much of the world, as the nation has “prioritized keeping the status quo for fear of change,” Foreign Minister Taro Kono said.
2018, January, 10, 12:40:00IMF WANTS VIETNAM
IMF - Investing in climate resilient infrastructure would help households and firms cope with storms. The expected cost of natural disasters could be usefully included in public debt sustainability analyses.
2017, December, 18, 12:30:00S.KOREAN LNG
PLATTS - South Korea aims to boost the portion of LNG in its electricity generation mix to 18.8% in 2030 from an estimated 16.9% this year as part of efforts to reduce its heavy reliance on coal and nuclear, the energy ministry said.
2017, December, 13, 12:30:00OIL PRICE - 2018: $57
EIA - North Sea Brent crude oil spot prices averaged $63 per barrel (b) in November, an increase of $5/b from the average in October. EIA forecasts Brent spot prices to average $57/b in 2018, up from an average of $54/b in 2017.
2017, December, 13, 12:15:00WBG: NO OIL&GAS FINANCE
WBG - The World Bank Group will no longer finance upstream oil and gas, after 2019.
2017, December, 4, 23:00:00EBRD STRATEGY FOR SLOVAKIA
EBRD - To date, the EBRD has invested €2.3 billion in more than 130 projects in the country. The Bank combines project financing with policy engagement and most recently supported the Slovak Republic in creating the legal foundations for covered bonds with amendments to the relevant law in line with best practice recommendations by the European Banking Authority.
2017, November, 29, 09:50:00SHELL UPDATES STRATEGY
SHELL - “Our next steps as we re-shape Shell into a world-class investment aim to ensure that our company can continue to thrive, not just in the short and medium term but for many decades to come,” said van Beurden. “These steps build on the foundations of Shell’s strong operational and financial performance, and my confidence in our strategy and our ability to deliver on the promises we make.”
2017, November, 24, 09:05:00S.KOREA'S SOLAR UP
FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn.
2017, November, 15, 15:15:00IEA: GLOBAL ENERGY DEMAND UP BY 30%
Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.
2017, November, 14, 17:45:00EBRD RENEWABLE INVESTMENT $1.4 BLN
EBRD - The GCF is contributing USD 378 million to this USD 1.4 billion programme to support thousands of individual investments in technologies that reduce emissions and enhance resilience to climate change.
2017, November, 9, 13:55:00EIA: OIL PRICE $53 - $56
North Sea Brent crude oil spot prices averaged $58 per barrel (b) in October, an increase of $1/b from the average in September. EIA forecasts Brent spot prices to average $53/b in 2017 and $56/b in 2018.