Market analysis

Offshore Wind Power
Offshore Wind Market is Growing Exponentially Says GWEC
New installed capacity of offshore wind reached 6.1GW in 2020, 14 times higher than 10 years ago says the Global Wind Energy Council in its latest report.
Turkey
Turkey Reaches 10 GW Wind Energy Milestone
Turkey has rapidly developed into a leading market for wind energy.
Market Analysis
South Korea: Coal-Intensive Regions Demand Immediate Phase-out
As the race to decarbonise to mitigate climate change intensifies globally, some four South Korean provinces have called upon the government to action rapid pha…
Solar Power Plant
Biden Administration Outlines How Solar could be Nearly Half of Electricity Supply by 2050
The White House is calling for solar energy to power nearly half of the electric grid by 2050.
Oil & Gas Trade
China’s Oil Imports Rebounded In August
China’s crude oil imports averaged 10.25 million bpd daily last month, more than 5 percent higher than in July, energy analytics provider OilX has reported.
Carbon Pricing
Record Carbon Prices Fail to Stifle German Coal Margins
Record carbon prices in Europe are failing to price coal out of Germany's base-load merit order this winter, as a shortage of natural gas means there is limited…
Market Analysis
Thermal Power to Dominate Russia’s Energy Mix Until 2030
The slow growth of renewable technology in Russia means the country will continue to significantly depend on thermal sources for power generation.
Market Analysis
Iraqi Crude Exports up 5pc in August
Iraqi crude exports marketed by state-owned Somo increased by 5pc on the month to 3.05mn b/d in August.
Market Analysis
MITEI Study Finds Hydrogen-Generated Electricity is a Cost-Competitive Candidate for Backing up Wind and Solar
A team at MITEI has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar.
Market Analysis
Global Offshore Wind Market to Hit $56.8bn by 2026
A new report conducted by Research and Market states that the global market for offshore wind energy will record a 12.3% growth between 2021 and 2026.
Market Analysis
Global Electric Power Demand Surges Above Pre-pandemic Levels
Electricity demand and emissions are now 5% higher than where they were before the Covid-19 outbreak, which prompted worldwide lockdowns.
Market Analysis
Why We Should NOT Use Blue Hydrogen as Fuel
Blue hydrogen might be worse for the climate than natural gas
Coal Trade
Germany Flirts With Power Crunch in Nuclear and Coal Exit
German consumers have the highest power bills in Europe
Market Analysis
China's Power Generation Increases 13.2% in Jan-July
China's power generation continued to see double-digit growth in the first seven months of 2021, with power generated by clean energy growing rapidly.
LNG
Brazil June Gas Demand up on Power Generation
Brazil's natural gas consumption rose by 16.5pc in June, led by a surge in demand for power generation as drought slashed hydropower capacity.

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Market analysis

Offshore Wind Market is Growing Exponentially Says GWEC

Turkey Reaches 10 GW Wind Energy Milestone

South Korea: Coal-Intensive Regions Demand Immediate Phase-out

Biden Administration Outlines How Solar could be Nearly Half of Electricity Supply by 2050

China’s Oil Imports Rebounded In August

Record Carbon Prices Fail to Stifle German Coal Margins

Thermal Power to Dominate Russia’s Energy Mix Until 2030

Iraqi Crude Exports up 5pc in August

MITEI Study Finds Hydrogen-Generated Electricity is a Cost-Competitive Candidate for Backing up Wind and Solar

Global Offshore Wind Market to Hit $56.8bn by 2026

Global Electric Power Demand Surges Above Pre-pandemic Levels

Why We Should NOT Use Blue Hydrogen as Fuel

Germany Flirts With Power Crunch in Nuclear and Coal Exit

China's Power Generation Increases 13.2% in Jan-July

Brazil June Gas Demand up on Power Generation