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Trends

Trends
2023, June, 2, 07:00:00
OIL PRICE: BRENT ABOVE $74, WTI ABOVE $70
Brent rose 34 cents, or 0.46% to $74.62 a barrel, WTI rose 30 cents, or 0.43%, to $70.40.
Trends
2023, June, 2, 06:55:00
RUSSIAN NUCLEAR CHANGES
“Over the next 10 years there will be around a dozen units, which will need to be decommissioned. These are RBMK units. Some of them may have their operating loves slightly extended, but the vast majority will have to be decommissioned, as they say, in real time. Therefore, we need to build 17 units by 2035." Likhachev said
Trends
2023, June, 2, 06:50:00
GLOBAL CLIMATE SCAM
Last fall, when the Institute for Energy Economics and Financial Analysis looked into the world’s 13 “flagship, large-scale” CCS projects, representing about 55% of global carbon capture capacity, it found that seven of the 13 projects underperformed, two failed outright, and one had to be mothballed.
Trends
2023, June, 2, 06:45:00
GLOBAL RENEWABLE MADNESS
Wind and solar need to be backed up, close to 100 per cent, by some other means of power generation. If that backup is provided by open-cycle gas or worse, coal, net zero will never be achieved: nor anything very close to it.
Trends
2023, June, 2, 06:40:00
GLOBAL CLEAN ENERGY INVESTMENT
"For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one," Birol said.
Trends
2023, June, 2, 06:35:00
THE FIRST CHINA'S NUCLEAR ENERGY
China is ranked first for the number of nuclear power reactors under construction; it has 22 reactor units under construction, concentrated along the east and south coasts.
Trends
2023, June, 2, 06:30:00
BRITAIN'S SOLAR COLLAPSE
Interpath Advisory was appointed to handle the administration and sale of Toucan last November, as Thurrock Council in Essex revealed it was owed £692 million ($857 million) by the business. Interpath, which has hired advisers from KPMG to oversee an auction of the 53 sites, is hoping to recover losses through the sale of the farms.
Trends
2023, June, 2, 06:25:00
OIL ENTROPY
Voluntary production cuts by some members of OPEC is due this coming month. Russia lifts levy on Oil & Gas firms amid G7 Price cap on Crude Oil.
Trends
2023, June, 2, 06:20:00
SOUTH AFRICA'S ENERGY COLLAPSE
The recommendations come at a time when South Africa is suffering its worst ever power cuts, with blackouts of more than 10 hours a day and a slowing economy, and is opening up the electricity generation industry to private operators.
Trends
2023, June, 2, 06:15:00
SOUTH AFRICA'S ENERGY CHAOS
Regardless of how this breakdown occurred, it is the symptom of greater issues with South Africa’s energy infrastructure.
Trends
2023, May, 26, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI ABOVE $71
Brent fell 30 cents to $75.96 a barrel, WTI was down by 14 cents at $71.69 a barrel.
Trends
2023, May, 26, 06:55:00
OPEC+ RUSSIA: NO CHANGES
Earlier this year Russia introduced a voluntary cut of 500,000 b/d from March after EU sanctions on imports of most Russian oil and G7 price caps came into force.
Trends
2023, May, 26, 06:45:00
IAEA, CHINA NUCLEAR PARTNERSHIP
"China is one of the IAEA's most important partners and a global leader in nuclear energy,"
Trends
2023, May, 26, 06:35:00
BLOCKCHAIN FOR ENERGY MANAGEMENT
Adopting flexible load management (FLM) could deliver both customer benefits and support clean energy targets.
Trends
2023, May, 26, 06:30:00
AI FOR ENERGY EFFICIENCY
Artificial intelligence (AI) is revolutionizing various industries, and one area where its potential is particularly promising is in optimizing energy efficiency and reducing carbon emissions.