Energy

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

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

AJOT Newsroom | October 12, 2020 | Energy | Conventional

Energy

Bloomberg | October 12, 2020

China bans Australian coal imports as political relations sour

China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra.

Trump pushes to cut solar-tariff loophole for two-sided panels

Bloomberg | October 11, 2020 | Energy | Alternative

President Donald Trump said in a proclamation that it’s necessary to eliminate a loophole his administration granted in 2019 that’s helped solar developers avoid tariffs on certain imported panels.

Olefin markets- soft patch

AJOT Newsroom | October 09, 2020 | Energy

It has been a rocky few months in the olefin markets. Global ethylene exports reached a record high in August of 321,852 metric tons, while propylene approached its high-water mark with 291,941 Mt. September's discharges were strong relative to historical trends, but ended with a decline versus August's levels.

Solar photovoltaic generators receive higher electricity prices than other technologies

AJOT Newsroom | October 09, 2020 | Energy

In 2019, the average U.S. wholesale price for electricity generated by solar photovoltaic (PV) technology was significantly higher than average wholesale prices for electricity from other technologies. The weighted average wholesale price for solar PV-generated electricity was $83 per megawatthour (MWh) in 2019, more than double the price paid to producers for electricity generated by wind, fossil fuels, or nuclear. The higher average wholesale price for solar PV relative to other technologies is partly driven by geography and timing.

Geothermal power set to climb to 24 GW by 2025, upcoming projects to attract $25 billion

AJOT Newsroom | October 09, 2020 | Energy

Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating energy transition.

Oil surges with Hurricane Delta paralyzing US Gulf output

Bloomberg | October 08, 2020 | Energy

Once coal’s future haven, Bangladesh is now set to leave developers and importers in hot water

AJOT Newsroom | October 08, 2020 | Energy | Conventional | By The Numbers

Bangladesh’s 2016 energy plan showed some 20 gigawatts (GW) of coal power capacity to be developed in the next two decades.

Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite

AJOT Newsroom | October 08, 2020 | Energy | Alternative | By The Numbers

Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages.

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

AJOT Newsroom | October 08, 2020 | Energy | Conventional

North American energy projects resilient against Coronavirus

AJOT Newsroom | October 07, 2020 | Energy | Alternative

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

AJOT Newsroom | October 07, 2020 | Energy | Conventional | By The Numbers

U.S. DOC invests $2.166M to support development of offshore wind in Maine

AJOT Newsroom | October 07, 2020 | Energy | Alternative

Oil’s Three-speed recovery has turned the industry upside down

Bloomberg | October 06, 2020 | Energy | Conventional

U.S. natural gas production, consumption, and exports set new records in 2019

AJOT Newsroom | October 05, 2020 | Energy | Conventional | By The Numbers

The U.S. Energy Information Administration’s (EIA) Natural Gas Annual shows that the United States set new records in natural gas production, consumption, and gross exports in 2019.