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
The decline in global emissions was the largest on record, according to a new report
read more... 11/12/2020
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
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
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