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US power generation by renewables exceeded 20% in 2020
Electrical generation by US wind and solar set new records in 2020. In fact, it was 16.7% greater in 2020 than a year earlier, according to a SUN DAY Campaign analysis of new data just released by the US Energy Information Administration (EIA).
read more... 25/02/2021
German solar batteries demand soar by nearly 50% in 2020
Demand for German solar batteries soared by 47% last year.
read more... 25/02/2021
Daily (23.02.2021): Oil prices settled at their highest levels since January 2020 amid a gradual recovery of U.S. crude output after winter storms
Crude oil futures rallied on Monday to settle at their highest levels in more than a year amid expectations of a slow recovery in output after last week’s deep freeze in Texas which cut U.S. crude production by as much as 40%. The gains were also attributed to expectations that OPEC+ would continue to curb output. Hence, Brent crude soared by $2.33, or 3.7%, to settle at $65.24 a barrel. Meanwhile, U.S. WTI crude surged by $2.46, or 4.2%, to settle at $61.70 a barrel.
read more... 23/02/2021
European renewable GOO demand up by 8pc in 2020
Cancellation of renewable GOOs in the Association of Issuing Bodies (AIB) hub increased by 8pc year on year to 735.1TWh in 2020, a record high and up from 332.6TWh in 2015 and 182.4TWh in 2010. Demand continues to outstrip supply, with 761.8TWh of renewable GOOs issued in 2020, up from 649.8TWh in 2019, 367.9TWh in 2015 and 25.5TWh in 2010.
read more... 17/02/2021
Poland’s LNG Imports Again Jump as Russian Supplies Decline
Poland’s state-owned natural gas company said its liquefied natural gas (LNG) imports totaled 3.76 billion cubic meters (Bcm) in 2020, or 10% more than in 2019.
read more... 11/02/2021