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Home2021December

Month: December 2021

Oil crisis concept - Oil Barrel on map of Middle East map
Commodities

Oil Prices Could Hit $100 By 2023 Despite Omicron Concerns

December 18, 2021 Stu Turley

Oil at $100 a barrel was considered inevitable not too long ago, as Wall Street strategists predicted a commodities supercycle. And it still remains in play, even with the omicron variant raging and Covid cases […]

California Drought -ENB
EIA News

U.S. electric power sector’s use of water continued its downward trend in 2020

December 17, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Power Plant Operations Report The U.S. electric power sector’s cooling water withdrawals fell 10.5% from 53.1 trillion gallons in 2019 to 47.5 trillion gallons in 2020, continuing the downward trend in withdrawals. […]

ENB With Kat Galloway -Artemis Energy
Carbon Capture

Bitcoin – Are you part of the problem investing in the worst ESG investment on the planet? Or would you find a way to save the environment and your wallet?

December 17, 2021 Stu Turley

Most people don’t realize that Bitcoin is a drain on the energy grids in the world. Mining for Bitcoin is one of the single biggest energy drains in the investment markets on the world’s already […]

U.S. coal exports
EIA News

EIA forecasts U.S. natural gas production will establish a new monthly record high in 2022

December 16, 2021 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook In our December Short-Term Energy Outlook (STEO), we forecast that U.S. dry natural gas production will increase from 95.1 billion cubic feet per day (Bcf/d) in October 2021 to 97.5 Bcf/d by December […]

Cargill CEO - ENB - Bloomberg
Commodities

Soaring Food Prices Are Approaching a Peak, Cargill CEO Says

December 16, 2021 Stu Turley

ENB Publishers Note: I disagree that food prices are tempary. There is nothing to indicate any of the other items to manufacture food will have price decreases. In fact with the energy crisis there will […]

Commodities

Oil Rises on Hawkish Fed and as U.S. Demand Withstands Omicron

December 16, 2021 Stu Turley

Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in […]

Brent and WTI crude oil
Electrical Generation / Utilities

Share of German energy from renewables to fall in 2021

December 16, 2021 Stu Turley

The proportion of Germany’s energy derived from renewables is set to fall year-on-year in 2021 for the first time since 1997, federal environment agency UBA said on Wednesday. Wind turbines, solar plants and other renewable […]

Offshore Wind to Require Ocean Space the Size of Italy by 2050
International News

Offshore Wind to Require Ocean Space the Size of Italy by 2050

December 16, 2021 Stu Turley

By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to […]

Back to overview No Green Hydrogen Available for Siemens Gamesa’s Zero Emissions-Ready Ship
Hydrogen

Back to overview No Green Hydrogen Available for Siemens Gamesa’s Zero Emissions-Ready Ship

December 16, 2021 Stu Turley

The latest member of Siemens Gamesa’s fleet of ships is ready for the addition of a 12-MW battery which would reduce energy consumption during operation, Siemens Gamesa said. The REM Energy is also capable to […]

Netherlands / Construction Of Two New Nuclear Units Becomes Part Of Governing Coalition Deal -ENB
Electrical Generation / Utilities

Netherlands / Construction Of Two New Nuclear Units Becomes Part Of Governing Coalition Deal

December 16, 2021 Stu Turley

The newly formed Dutch governing coalition has decided to include the construction of two new nuclear power units in the country as part of future energy and climate policies, according to the official document published yesterday. […]

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