Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


Oil rises with China’s economic recovery buoying consumption

Bloomberg | November 16, 2020 | Energy | Conventional

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Interregional electricity trade in India affects shares of solar and coal-fired generation

AJOT | November 13, 2020 | Energy | Alternative

With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | November 13, 2020 | Energy | Conventional | By The Numbers

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China-Australia spat strands 400 seafarers as human crisis looms

Bloomberg | November 13, 2020 | Energy | Conventional | Maritime | Bulk

An estimated 400 seafarers and roughly 2 million tons of coal are stuck on ships off the northeast coast of China, as a spiraling diplomatic row with Australia threatens to turn into a humanitarian crisis.

China’s oil giant eyes new supertankers to shrink fuel glut

Bloomberg | November 12, 2020 | Energy | Conventional | Logistics

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Stranded coal ships caught in crosshairs of China-Australia spat

Bloomberg | November 12, 2020 | Energy | Conventional | Maritime | Bulk

At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and unable to offload millions of tons of Australian coal, the latest casualty of the growing diplomatic row between Canberra and Beijing.

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2020 could be a record year for U.S. wind turbine installations

AJOT | November 12, 2020 | Energy

According to data collected by the U.S. Energy Information Administration (EIA), project developers expect more than 23 gigawatts (GW) of wind turbine generating capacity to come online in the United States in 2020, far more than the previous record of 13.2 GW added in 2012. Only 5.0 GW of capacity has come online in the first eight months of this year, according to EIA’s Preliminary Monthly Electric Generator Inventory, but as is typical with wind turbine installations, most of the annual capacity additions come online in the final months of the year. Another 18.5 GW plan to come online in September through December, according to project timelines reported to EIA by power plant owners and developers.

Squeezing U.K. energy becomes Barnier’s Brexit bargaining chip

Bloomberg | November 12, 2020 | Energy | International Trade

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Germany’s gas demand to top 110 Bcm by 2034 and Nord Stream 2 is the cheapest new supply option

AJOT | November 11, 2020 | Energy

Germany’s gas demand, which is currently just above 90 billion cubic meters (Bcm) per year, is set to increase to more than 110 Bcm by 2034, but as future supplies from Norway and the Netherlands dwindle, new imports must be sourced. A Rystad Energy comparative analysis shows that importing more Russian gas through the Nord Stream 2 project is the most reliable and cheapest option versus US liquefied natural gas (LNG) cargos and other intra-Europe pipe routes.

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New DNV GL class rules for floating offshore wind expands industry horizon

AJOT | November 10, 2020 | Energy

As the first successful pilots transition into the first commercial projects, floating offshore wind is opening up new vistas to offshore wind generation. To help expand the segment, DNV GL, the world’s leading classification society, has released the first integrated rule set for floating offshore wind structures (DNVGL-RU-OU-0512). The rules provide both new entrants and experienced stakeholders a set of well-tested rules and standardized processes for these new structures.

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US energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

AJOT | November 10, 2020 | Energy

After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in 2019 were about 150 million metric tons (MMmt) lower than their 2018 level. EIA attributes nearly all (96%) of this decline to the changing mix of fuels used to generate electricity.

Oil jumps on vaccine hopes

AJOT | November 09, 2020 | Energy | Conventional | By The Numbers

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U.S. refinery runs remain lower than the five-year range

AJOT | November 09, 2020 | Energy | Conventional | By The Numbers

Since April, when responses to the 2019 novel coronavirus disease (COVID-19) reduced demand for refined products such as gasoline, distillate fuel, and jet fuel, gross inputs of crude oil and other raw materials to U.S. refineries (refinery runs) have been lower than the five-year range (2015–19)

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | November 09, 2020 | Energy | Conventional | By The Numbers

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New Swedish technology to support a greener aviation recovery

AJOT | November 09, 2020 | Air Cargo | General | Energy

New Swedish technology to support a greener aviation recovery

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Power sector consumed 30% less coal in first-half 2020 than in first-half 2019

AJOT | November 06, 2020 | Energy

From January to June 2020, the electric power sector consumed 184.8 million short tons (MMst) of coal, 30% less than during the same period in 2019. After setting an annual record of 1,045 MMst in 2007, coal consumption in the electric power sector has been declining. This decline is happening as many coal-fired power plants are retiring or are converting to natural gas, driven by tighter air emission standards and the decreased cost-competitiveness of coal relative to other resources.

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Concordia Damen receives 40 inland waterway barge order from J.P. Morgan

AJOT | November 06, 2020 | Energy | Maritime | Bulk | Ports & Terminals

Concordia Damen has signed a contract for 40 eco-friendly dual fuel barges with institutional investors advised by J.P. Morgan Asset Management. These barges will be chartered by Shell and operated by the VT Group/Marlow. Frachtcontor Capital Partners was the broker for the deal.

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