Source: U.S. Energy Information Administration, International Energy Outlook 2021 (IEO2021) Reference case In the Reference case of our International Energy Outlook 2021 (IEO2021), where we assume current laws and regulations continue into the future, we project that renewable resources—particularly solar […]
The energy crisis is a tragedy for the consumers as many are facing paying 50% more for heating their homes this winter. This morning on Bloomberg Francisco Blanch, BOFA Global Research, commented that Europe, and […]
Coal prices are likely to remain high after soaring to new records on strengthening power demand and challenges in key supplier nations, according to a major Australian producer. High-quality thermal coal at Newcastle port in […]
Shortages of natural gas in Europe and Asia are boosting demand for oil, deepening what was already a sizable supply deficit in crude markets, the International Energy Agency said. Crude has surged above $80 a […]
An energy crisis is affecting almost every part of the globe, marked by record-high energy prices, tight supplies, and power blackouts. Some of the world’s richest countries and U.S. states such as California have been […]
In many ways, China’s ongoing electricity crunch is a mess of its own making. It’s due in part, for example, to an overly rigid regulatory system that compels local officials to act a bit too […]
ENB Publishers Note: The world’s energy crisis was not an overnight occurrence. It was brought on by years of bad energy policies. The rush to renewables without a plan has caused almost unrepairable damage. Do […]
With its chimneys towering 200 meters above the industrial heartland of England, West Burton A power station is a relic of the fossil fuel age. When fired up, its boilers burn thousands of tonnes of […]
Gazprom PJSC increased its 2021 price guidance for natural gas exports, while signaling caution on volumes it could ship, as Europe’s energy crisis worsens. The Russian gas giant, Europe’s biggest supplier of the fuel, reiterated that […]
Global energy demand and energy-related carbon emissions will continue to rise through 2050, with oil remaining the largest energy source just ahead of surging renewables, the US Energy Information Administration said Oct. 6 in its […]
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