Despite a strong start to the solar season in Europe, and record amounts of cheap new renewable capacity in Germany since the energy crisis, it’s natural gas that will increasingly decide how much households and factories in Europe’s biggest economy pay for electricity.

The IEA projects power demand from data centers to double by 2030. While renewable energy capacity is also set to increase, especially in Europe, the intermittent supplies provided by wind and solar won’t be sufficient.

Brent lost $2.38, or 3.79%, to $60.44 a barrel, WTI fell $2.46, or 4.13%, to $57.12.

Brent were up 81 cents, or 1.26%, at $65.02 per barrel, WTI rose 92 cents, or 1.52%, to $61.61.

Совместный министерский мониторинговый комитет высоко оценил дополнительные добровольные корректировки добычи группой восьми стран ОПЕК+ в поддержку стабильности рынка, о которых было объявлено в апреле и ноябре 2023 года.

The Committee valued the additional voluntary production adjustments made by the 8 OPEC plus countries which were announced in April and November 2023 in supporting market stability.

Brent gained 7 cents, or 0.1%, at $73.86 a barrel, WTI ose 10 cents, or 0.1%, to $69.75 a barrel.

“The benefits of expanding U.S. LNG exports have never been more clear, and I am proud to be taking action to support the American people and our allies abroad with more affordable, reliable, secure American energy,”

In the MoU, the signatories commit to pursuing the path to commercial fusion energy for Hesse and establishing the state as a leading location for cutting-edge research and the development of laser-based nuclear fusion.

U.S. electricity demand is forecast to soar in the coming years driven by consumer needs, data center growth, increased AI use, and the industrial sector’s need for constant power.

According to the decree, the agency will take on the functions and powers previously held by the Ministry of Energy "in the areas of subsoil use, use of atomic energy, ensuring radiation safety of the population, the creation and operation of the Semipalatinsk nuclear safety zone in the field of uranium production".

The project was approved by the Financier of Studies & Projects (Finep – Financiadora de Estudos e Projetos). IPEN will be responsible for research and development of basic materials for the microreactor and IEN will be in charge of the assembly of a subcritical unit – a reduced model of a nuclear reactor, in which there is no self-sustaining chain reaction.

The collaborations are part of a critical research thrust within the campus’ Fusion Engineering Institute which brings together students, faculty and external partners around fusion energy research and education.

Brent fell 19 cents, or 0.3%, to $70.37 a barrel, WTI was down 20 cents, or 0.3%, to $66.70.

Brent fell 5 cents to $70.9 a barrel, WTI shed 10 cents to $67.58 a barrel.