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Geothermal
Geothermal Power Needs Policy Boost to Stay on the Net-Zero Track
Its annual capacity additions averaged only 500MW annually in the last five years.
Nuclear Power
Asia Amongst Key Drivers of Growth in Nuclear Power
Asia is expected to bring the most growth in nuclear power generation with 32 nuclear reactors in the pipeline, estimated to generate 30 GW in electricity annua
Wind Power
Brazil Tops 21 GW of Installed Wind Capacity
Brazil's installed wind power capacity has reached 21.03 GW, national wind energy association Abeeolica announced on Tuesday.
Oil & Gas
EIA Forecasts US Fossil Fuel Production to Reach New Highs in 2023
After declining in 2020, the combined production of US fossil fuels increased by 2% in 2021 to 77.14 quadrillion British thermal units.
Oil & Gas
China's Crude Oil Output Rises in 2021
China's crude oil output reached nearly 199 million tonnes last year, up 2.4 percent from the previous year, official data showed.
Power Grid
Japan’s Power Demand Forecast to Fall Towards 2031-32
Japan's electricity demand is forecast to fall towards the April 2031-March 2032 fiscal year, following a steady recovery over 2021-24 from Covid-19-induced slu
Wind Power
Clarksons Research Rounds up 2021 Offshore Wind Data
Full year 2021 data points for the offshore renewables sector have been released by Clarksons Research, profiling further record capacity growth for offshore wi
Energy Economy
Brazilian Energy Demand Grows 4.1pc in 2021
Brazil's energy consumption in 2021 grew by 4.1pc from the previous year to an average 64,736 MW
Oil & Gas
IEA Revises up 2022 Global Refinery Runs Forecast
The IEA has revised up its 2022 forecast for global refinery runs to within 400,000 b/d of pre-Covid levels.
Power Grid
India’s Power Consumption to Rebound “Strongly” in 2022: Fitch
It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.
Power Grid
Renewable Energy to Meet Over 70 per cent of China’s Additional Power Needs in Next Three Years, Says IEA
Even as state subsidies are being phased out, the rapid growth of onshore wind and solar farm installations is expected to continue
Power Grid
South Australia Breaks Record by Running for a Week on Renewable Energy
South Australia sourced an average of just over 100 per cent of the electricity it needed from renewable power for 6½ days leading up to December 29 last year
New Energy Vehicles
Soaring Lithium Prices Become Major Headache For EV Makers
With lithium prices already trading at a record high in Asia, there is no sign that the rally in this much-sought-after commodity will come to an end this year
Oil & Gas
Chinese Oil Major CNOOC Targets Record High Production This Decade
CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe
New Energy Vehicles
Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021
I saw an interesting tweet by Sam Korus from ARK Invest yesterday.
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Most views from Market Analysis
1
Denmark Close to Record Wind Output in 2020
2
Global Offshore Wind Market to Hit $56.8bn by 2026
3
Renewable Energy to Meet Over 70 per cent of China’s Additional Power Needs in Next Three Years, Says IEA
4
Geothermal Power Needs Policy Boost to Stay on the Net-Zero Track
5
South Korea: Coal-Intensive Regions Demand Immediate Phase-out
6
UK Renewables Generated More Electricity Than Fossil Fuel Power Plants for First Time
