Trends
2021, May, 24, 12:25:00
GEOTHERMAL ENERGY UP
The U.S. is the largest producer of geothermal energy, though its uses and popularity remain low.
2021, May, 20, 13:50:00
EUROPE ENERGY TRANSITION FUND €17.5 BLN
20% of the funds should be directed to Poland, which accounts for over half of the EU's coal sector employees, followed by Germany (13%) and Romania (11%), provided the coal mining regions submit climate-friendly plans
2021, May, 19, 14:50:00
IMPRACTICAL CLEAN ENERGY
The International Energy Agency's Net Zero Emissions (NZE) scenario puts too much faith in technologies that are "uncertain, untested or unreliable" and fails to reflect both the size and scope of the contribution that nuclear technologies could make, World Nuclear Association said
2021, May, 19, 14:45:00
EUROPE'S GREEN ENERGY EUR1000 BLN
Foratom suggest the report can be a reference for policymakers when preparing national or regional low-carbon energy plans in the perspective of the EU Green Deal, that incorporates EUR1000 billion (USD1221 billion) of public and private investments planned to 2027.
2021, May, 19, 14:35:00
GERMANY NEED ENERGY
Transmission grid firms have presented plans to the regulator to invest up to 102 billion euros ($124.56 billion) up to 2030, of which 55 billion will go into high-voltage networks and 47 billion into local distribution grids.
2021, May, 18, 13:15:00
GLOBAL CLEAN ENERGY
The report is the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth.
2021, May, 18, 13:00:00
U.S. PRODUCTION: OIL +26 TBD, GAS (-53) MCFD
Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .
2021, May, 17, 11:40:00
RENEWABLES INVESTMENT HAVE TO UP
global investments in energy transition technologies need to more than double to $4 trillion annually until 2050, from $1.8 trillion in 2019,
2021, May, 13, 17:45:00
BRITAIN'S NUCLEAR KEY
Nuclear power, whether large-scale, small-scale, or advanced, will have a key role to play in meeting the country's net-zero by 2050 goal.
2021, May, 13, 17:35:00
BRITAIN RENEWABLES 12 GW
The United Kingdom targets 65% of renewables in the power mix by 2030 (47% achieved in 2020).
2021, May, 13, 17:30:00
TAIWAN OFFSHORE WIND 15 GW
Taiwan is expected to develop a total of 9 GW of offshore wind between 2026 and 2031 and 6 GW between 2032 and 2035.
2021, May, 12, 12:55:00
OIL DEMAND WILL UP BY 6.5 MBD
"Under the current OPEC+ production scenario, supplies won't rise fast enough to keep pace with the expected demand recovery," the IEA said. "The widening supply and demand gap paves the way for a further easing of OPEC+ supply cuts or even sharper stock draws."
2021, May, 12, 12:40:00
GERMANY CUT EMISSIONS BY 65%
Germany will now aim for a 65% cut in carbon emissions by 2030 and net zero by 2045, up from a previous 55% for 2030 and net zero by 2050.
2021, May, 12, 12:30:00
DUTCH CARBON STORAGE $2.4 BLN
The government has said it will grant a total of 5 billion euros in subsidies in 2021 for technologies that will help it achieve its climate goals.
2021, May, 4, 12:05:00
INDIA'S ENERGY DEMAND UPDOWN
India's power demand was heavily impacted during the Q1FY21 lockdown (bringing all economic activity to a standstill), falling 15.5% Y-o-Y during Q1FY21 and 7.8% Y-o-Y during 1HFY21.