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Global gas supply in 5-10 years may not be tight given shorter construction
Global natural gas supply in the next five to ten years may not be as tight as market expected with shorter project construction cycles, which can have a significant impact on supply and demand fundamentals, participants at the 7th China LNG & Gas International Summit 2021 held over June 23-24 said.
read more... 25/06/2021
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Gas infrastructure across Europe leaking planet-warming methane
The potent greenhouse gas methane is spewing out of natural gas infrastructure across the European Union because of leaks and venting, video footage made available to Reuters shows.
read more... 25/06/2021
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German Greens propose industry power tenders
Germany's opposition Green Party has suggested introducing tenders for green industrial power, within the framework of the country's renewable energies law (EEG).
read more... 25/06/2021
Daily (24.06.2021): The German day-ahead power price extended its 4-year high on forecasts for less wind generation
Crude oil prices advanced on Wednesday, as the EIA weekly report showed another drop in US crude reserves. Hence, Brent oil gained 0.5% to settle at $75.19 a barrel, while WTI crude edged 0.3% up at $73.08 a barrel.
read more... 24/06/2021
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Helion passes 100 million degrees Celsius
Fusion energy developer Helion Energy said yesterday it has become the first private company to announce exceeding 100 million degrees Celsius in its sixth fusion generator prototype, Trenta. It also announced its Trenta prototype recently finished a 16-month testing campaign, completing almost 10,000 high-power pulses.
read more... 24/06/2021