Energy
Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.
Natural gas prices and renewable capital costs affect the generation mix in China
| October 29, 2020 | Energy
In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects that electricity generation in Asia will more than double between 2019 and 2050. EIA analyzed the impacts of changing the price of natural gas and the capital costs associated with adding renewable energy power plants on the future electricity generation mix in China and other countries in Asia that are not part of the Organization for Economic Cooperation and Development (OECD).
Oil faces Iran shock if Biden win points to nuclear deal
| October 29, 2020 | Energy
SCF time charters three icebreaking LNG carriers to the Arctic LNG 2 project
| October 28, 2020 | Energy
New technical report published amid growing issues of hydrogen embrittlement in offshore environments
| October 28, 2020 | Energy
Pemex posts profit after peso rally eased fuel import costs
| October 28, 2020 | Energy
UK’s renewable energy capacity set to double by 2026, when offshore wind will overtake onshore
| October 28, 2020 | Energy
The UK’s ambitious goal to double its renewable energy capacity by 2030 will be achieved already by 2026, a Rystad Energy analysis shows, spurred by a wave of mostly wind power investments. Total installed capacity of solar and wind power plants will climb to 64 gigawatt (GW) in 2026 from close to 33 GW today, with offshore wind taking over the throne as the country’s biggest green energy source.
Northern California offshore transmission line could fast-track wind farms powering SF Bay
Tesla moves into UK homes with new solar power tariff
| October 27, 2020 | Energy
Mexican President steps up criticism on private energy companies
| October 27, 2020 | Energy
US sanctions Iran oil minister as Trump ramps up pressure
| October 26, 2020 | Energy
One quarter of the global floater fleet could be scrapped as Covid-19 accelerates restructuring
| October 26, 2020 | Energy | Conventional
The new downturn that the Covid-19 pandemic has brought upon the oil and gas industry has put many sectors in financial distress.
Rystad Energy’s daily market comment from their Head of Oil Markets Bjornar Tonhaugen
| October 26, 2020 | Energy | Conventional | By The Numbers
Oil drops further with Libyan output set to rise in coming weeks
| October 23, 2020 | Energy | Conventional
Latest sign of Venezuela’s oil collapse is 84% surge in stockpiles
| October 23, 2020 | Energy | Conventional
Oil drops with Libya boosting production in coming weeks
| October 23, 2020 | Energy
Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018
| October 23, 2020 | Energy
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh in 2018. Battery storage systems store electricity produced by generators or pulled directly from the electric power grid and redistribute the power later as needed. At the end of 2018, the United States had 869 megawatts (MW) of installed battery power capacity (the maximum amount of power a battery can provide at a given moment) and 1,236 megawatthours (MWh) of battery energy capacity (the total amount of energy that can be stored by a battery).
US out to seize jet entrepreneur’s $22 million Bel Air mansion
| October 23, 2020 | Air Cargo | Airlines | Energy
Oil edges up with strong factory data countering virus concern
| October 23, 2020 | Energy
North American oil and gas bankruptcy debt reached an all-time high in 2020 and is set to grow
| October 22, 2020 | Energy
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high and is set to grow even further this year as the wave of Chapter 11 filings continues, a Rystad Energy report projects, analyzing industry data from law firm Haynes and Boone.
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