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South Africa Wind Farm - Alternative Africa - Energy News Beat
Renewables Not Sustainable

South Africa Bets on Wind Power in Upcoming REIPPP Bidding Window

January 15, 2021 Stu Turley

According to the International Energy Agency, power generation from wind in South Africa is expected to reach 81 trillion watt-hours by 2040. With an Integrated Resource Plan (IRP) based on least-cost supply and demand balance […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Crude Oil News

EIA Short-Term Energy Outlook – forecasts Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022

January 12, 2021 Stu Turley

This edition of the Short-Term Energy Outlook (STEO) is the first to include forecasts for 2022. The January STEO remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity and […]

IEA Chief - Energy News Beat
Commodities

IEA chief says U.S. shale is needed for now as oil prices climb

January 12, 2021 Stu Turley

(Bloomberg) –Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest […]

Doing Nothing Is the Best Oil Producers Can Do Right Now
Crude Oil News

OPEC+ Warns of Risk to Oil Recovery as Group Plots Next Move

January 4, 2021 Stu Turley

OPEC warned of risks to the oil market from the resurgent pandemic, a day before the group and its allies meet to consider whether to increase production. “The outlook for the first half of 2021 […]

Crude Oil News

Pandemic brings forward predictions for peak oil demand

November 28, 2020 Stu Turley

Energy News Beat Publishers Note: Fossil fuels will be around a while.  The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s […]

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