The use of nuclear power will need to increase to decarbonise electricity production, IAEA Director General Rafael Mariano Grossi said today at a side event during the United Nations COP25 climate summit in Madrid. Meeting sustainability and climate goals requires a significant use of nuclear energy, he said.

Brent crude oil spot prices averaged $63 per barrel (b) in November, up $3/b from October. EIA forecasts Brent spot prices will average $61/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.

“Well-designed carbon pricing instruments can be a transformative part of the climate action toolkit. Over half of countries worldwide are thinking about how carbon pricing can help them meet their climate targets”, said Laura Tuck, Vice President of Sustainable Development, World Bank.

Cumulative U.S. installed onshore wind capacity exceeded 100 gigawatts (GW) on a nameplate capacity basis as of the end of September 2019,

Denmark covered 41% of its electricity demand from wind energy in 2018, the highest level in Europe.

It matters where you construct and install clean energy projects, because, depending on the location, these projects can be of greater benefit than they already are in suboptimal locations.

recent reports from the Intergovernmental Panel on Climate Change (IPCC), the International Energy Agency (IEA), and the World Energy Council have all highlighted nuclear power's role in the energy transition;

A new report by researchers at the Massachusetts Institute of Technology examined various scenarios for the decarbonization of the nation’s electricity sector. The MIT researcher’s simulations showed that availability of nuclear powered generation would help reduce the needed carbon price by up to 67 percent (to less than $40 per ton) in meeting a 90-percent reduction target (below 2005 levels) by 2050.

У России есть все необходимые конкурентные преимущества для того, чтобы обеспечить себе лидирующие позиции на мировом рынке водородной энергетики: это наличие резервов производственных мощностей, географическая близость к потенциальным потребителям водорода, а также наличие действующей инфраструктуры транспортировки.

Renewable energy sources alone are not capable of fully decarbonising the economy, but they can complement nuclear energy in achieving this goal. The nuclear industry, led by World Nuclear Association, has set the Harmony goal for nuclear energy to provide 25% of global electricity by 2050. This will require trebling nuclear generation from its present level.

“Since coal is still a major resource, we will continue to rely on coal when we need it - and right now for instance, the economy is slowing and renewables are still relatively weak,” said Lin Boqiang, dean of the China Institute for Energy Policy Studies.

IEEFA forecasts India's cumulative renewable energy capacity to expand 17% year-on-year to 93.5GW by the end of 2019/20, adding a total of 13.5GW in 2019/20 (relative to just 5.7GW to-date).

“We don’t have a moment to waste any more on fighting climate change,” von der Leyen told the assembly shortly before the vote in a speech delivered in English, French and German. “It will need massive investment.”

Japan, the world’s fifth-biggest carbon emitter, has set a goal to trim emissions by 26% from 2013 levels to 1.042 billion tonnes by 2030. The latest figure represents a reduction of 11.8% from 2013 levels, data showed.

Говоря о партнерстве на энергетическом рынке, Александр Новак подчеркнул успешность взаимодействия двух стран в части поставок СПГ, добычи нефти, а также в области возобновляемой энергетики.