Latest news
German gas burn running at record high
Strong demand for fossil fuel burn from the power sector this month, given below-average wind levels and colder weather, lifted generation from gas-fired plants to the highest monthly level on record.
read more... 16/12/2020
Global CO2 emissions ‘plunged by 7% in 2020 due to Covid-19 pandemic’
The decline in global emissions was the largest on record, according to a new report
read more... 11/12/2020
Daily (01.12.2020): Oil prices pulled back from record gains amid OPEC uncertainty about the extension of output cuts, but notched a 27% gain for November
Crude oil futures retreated from multi-month highs on Monday as OPEC+ postpones output cut decision to Thursday. Hence, Brent crude declined by 1.2% to settle at $47.59 a barrel. Meanwhile, U.S. WTI crude lost 0.4% to close at $45.34 a barrel. For November, both contracts rallied by around 27%, their biggest monthly gains since May on hopes of upcoming vaccines for COVID-19 that would help economic activity and oil demand resume.
read more... 01/12/2020
Global carbon dioxide levels ‘remain at record highs despite Covid-19 lockdown’
The last time carbon dioxide levels were that high was three to five million years ago, according to the World Meteorological Organisation
read more... 24/11/2020
UK Warning Highlights Energy Storage Importance To Renewables
The United Kingdom, which has recently set a record for wind power meeting its demand, issued a security of supply alert earlier this week as wind power output was low due to calm weather. This event highlights the need of increased energy storage capacity able to balance power to the grid at times of strained supply, energy historian and expert Ellen R. Wald wrote in Forbes.
read more... 09/11/2020