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2023, March, 1, 11:20:00
EUROPEAN ENERGY COOPERATION
"Nuclear energy is one of many tools to achieve our climate goals, to generate base-load electricity and to ensure security of supply," the French ministry noted.
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2023, March, 1, 11:10:00
BRITAIN FUSION ACCELERATION
The selected projects aim to tackle specific challenges linked to the commercialisation of fusion energy, from novel fusion materials and manufacturing techniques through to innovative heating and cooling systems, all needed for future fusion power plants.
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2023, March, 1, 11:05:00
INDIA'S HYDROGEN INVESTMENT $3.6 BLN
The Indian conglomerate Essar has announced that it will invest US$3.6bn in the United Kingdom and in India over the next five years through a new entity, named Essar Energy Transition (EET), with the goal to drive decarbonisation.
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2023, March, 1, 10:55:00
AUSTRALIAN OFFSHORE WIND 8 GW
At the end of 2021, wind power accounted for 11% of Australia’s installed capacity with 9 GW and 9% of its power generation with 24.5 TWh.
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2023, March, 1, 11:15:00
CHINA'S HYDROPOWER STATION 16 GW
The Baihetan station is the world's second-largest hydropower station by capacity, behind China's Three Gorges hydropower station with 22.5 GW of installed capacity.
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2023, March, 1, 11:00:00
INDONESIA'S HYDROPOWER PLANT 1.4 GW
The 1.375 gigawatt plant will be linked to an industrial area the president said will house electric vehicle and battery plants as well as aluminium and petrochemical facilities.
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2023, March, 1, 11:40:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77 ANEW
Brent rose 45 cents, 0.5%, to $83.90 a barrel, WTI gained 42 cents, or 0.6%, to $77.47 a barrel.
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2023, March, 3, 12:20:00
TECHNOLOGICAL SOVEREIGNTY OF RUSSIAN ENERGY
The participants discussed ways to ensure Russia’s technological sovereignty in the electricity and heating sectors, including by localising the manufacturing of energy-efficient equipment for high-capacity gas turbines and providing for the maintenance of imported gas turbine power units, as well as switching to Russian software in the electricity and heating sectors
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2023, March, 3, 12:15:00
ЦЕНА URALS: $49.52
Средняя цена на нефть марки Urals в январе-феврале 2023 года сложилась в размере $49,52 за баррель, в январе-феврале 2022 года – $88,89 за баррель.
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2023, March, 3, 11:50:00
U.S. NUCLEAR INVESTMENT $6 BLN
The U.S. Department of Energy (DOE) released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment
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2023, March, 3, 11:55:00
GERMANY'S RENEWABLE PRICES UP
After excluding 7 bids due to formal errors, the regulator selected 119 proposals with prices ranging between €7.24c/kWh and the maximum permissible value of €7.35c/kWh. The volume-weighted average reached €7.34c/kWh (+25% compared to the previous round).
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2023, March, 3, 12:00:00
RUSSIAN OIL PRODUCTS EXPORTS DOWN
The EU banned imports of Russian oil products from Feb. 5, two months after imposing restrictions on seaborne crude shipments from the country.
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2023, March, 3, 12:05:00
INDIA NEED COAL
India is bracing for another summer of grueling heat that’s likely to push power demand to a record and pressure the country’s grid, which relies on coal for about 70% of electricity generation.
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2023, March, 3, 12:10:00
CHINA GAS DEMAND WILL UP
China's apparent gas consumption was 366.3 billion cubic metres in 2022, down 1.7% from the previous year, data from the country's National Development and Reform Commission showed.
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2023, March, 3, 12:25:00
OIL PRICE: BRENT BELOW $85, WTI NEAR $78
Brent dipped 18 cents, or 0.2%, to $84.57 a barrel , WTI were down 16 cents, also 0.2%, at $78.00 a barrel.
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2023, March, 10, 16:40:00
U.S. RENEWABLES GROWTH
The US Department of Energy (DOE) has numerous programs that provide funding to support energy resilience projects throughout the country.
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2023, March, 10, 16:45:00
U.S. RENEWABLES UP BY 12%
The latest issue of EIA's "Electric Power Monthly" report (with data through December 31) reveals that renewable energy sources (including small-scale solar systems) increased their electrical output by 12.37% last year compared to 2021.
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2023, March, 10, 16:35:00
DIGITAL GREEN GRID
By leveraging digital technologies like artificial intelligence, data analytics, and the Internet of Things (IoT), the Digital Green Grid can optimize energy production, distribution, and consumption in real-time, reducing waste and maximizing efficiency.
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2023, March, 10, 16:50:00
OIL PRICES 2023-24: $84 - $78
The Brent crude oil spot price will fall from an average of $84/b in the second quarter of 2023 (2Q23) to $81/b in 4Q23 and then average $78/b in 2024.
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2023, March, 10, 16:55:00
RUSSIAN DIESEL FOR EUROPE DOWN
Prior to the sanctions, between October 2021 and September 2022, diesel imports from Russia made up 53% of Northwest Europe’s seaborne imports.