Latest news
China freezes out 12.8GW of overseas coal projects
Despite progress, 19.2GW of coal projects remain in a grey area of China’s “no new coal overseas” policy and could still go ahead, according to analysis from energy think tank CREA.
read more... 09/05/2022
Global LNG demand to more than double to 800mn tonnes by 2050: GECF
Global LNG demand will more than double from 356mn tonnes in 2020 to 800mn tonnes by 2050, "fuelled by solid demand from Asia and a rise in gas use for powering hard-to-electrify sectors", according to the Gas Exporting Countries Forum (GECF).
read more... 09/05/2022
Daily (06.05.2022): European forward electricity prices surged to record highs on Thursday amid a bullish energy complex
Oil prices increased slightly on Thursday, with the market continuing to digest the announcement from the European Commission that an EU ban on Russian oil is on the way. Consequently, Brent crude rose by 0.6% to $110.90 a barrel, while WTI crude added 0.4% to $108.26 a barrel.
read more... 06/05/2022
Germany secures four floating LNG terminals in mad rush to replace Kremlin gas
As Russia’s war continues, the German government has been frantically looking for alternatives to Russian pipeline gas and mobile floating tankers repurposed to process LNG from around the world have become the government’s solution.
read more... 06/05/2022
EU hopes to build on past experience to fast-track hydrogen market
In its attempt to create an EU-wide market for clean hydrogen, the European Commission aims to build on years of experience spent trying to integrate EU markets for gas and electricity. These lessons could prove crucial to grow the hydrogen market and meet the bloc’s 2030 climate goals.
read more... 06/05/2022