Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


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EIA’s International Energy Outlook analyzes electricity markets in India, Africa, and Asia

AJOT | October 14, 2020 | Energy | Conventional

Countries that are not members of the Organization for Economic Cooperation and Development (OECD) in Asia, including China and India, and in Africa are home to more than two-thirds of the world population. These regions accounted for 44% of primary energy consumed by the electric sector in 2019, and the U.S. Energy Information Administration (EIA) projected they will reach 56% by 2050.

Oil pares gain with stimulus concerns offsetting China data

Bloomberg | October 13, 2020 | Energy | International Trade

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Australia seeks clarity from Beijing on coal import ban

Bloomberg | October 13, 2020 | Energy | International Trade

The Australian government is seeking clarification from Beijing on reports that China has suspended purchases of Australian coal amid heightened diplomatic tensions between the two countries.

Oil rises near $40 after recovery in Chinese crude imports

Bloomberg | October 13, 2020 | Energy | International Trade

China’s coal import ban has more bark than bite

Bloomberg | October 12, 2020 | Energy | International Trade

China bans Australian coal imports as political relations sour
Energy
Bloomberg | Top Story | October 12, 2020

China bans Australian coal imports as political relations sour

China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra.
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Trump pushes to cut solar-tariff loophole for two-sided panels

Bloomberg | October 11, 2020 | Energy | Alternative

President Donald Trump said in a proclamation that it’s necessary to eliminate a loophole his administration granted in 2019 that’s helped solar developers avoid tariffs on certain imported panels.

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Olefin markets- soft patch

AJOT | October 09, 2020 | Energy

It has been a rocky few months in the olefin markets. Global ethylene exports reached a record high in August of 321,852 metric tons, while propylene approached its high-water mark with 291,941 Mt. September's discharges were strong relative to historical trends, but ended with a decline versus August's levels.

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Solar photovoltaic generators receive higher electricity prices than other technologies

AJOT | October 09, 2020 | Energy

In 2019, the average U.S. wholesale price for electricity generated by solar photovoltaic (PV) technology was significantly higher than average wholesale prices for electricity from other technologies. The weighted average wholesale price for solar PV-generated electricity was $83 per megawatthour (MWh) in 2019, more than double the price paid to producers for electricity generated by wind, fossil fuels, or nuclear. The higher average wholesale price for solar PV relative to other technologies is partly driven by geography and timing.

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Geothermal power set to climb to 24 GW by 2025, upcoming projects to attract $25 billion

AJOT | October 09, 2020 | Energy

Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating energy transition.

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Once coal’s future haven, Bangladesh is now set to leave developers and importers in hot water

AJOT | October 08, 2020 | Energy | Conventional | By The Numbers

Bangladesh’s 2016 energy plan showed some 20 gigawatts (GW) of coal power capacity to be developed in the next two decades.

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Green hydrogen plans already top 60 GW, but less than half is likely to operate by 2035 as costs bite

AJOT | October 08, 2020 | Energy | Alternative | By The Numbers

Proposed green hydrogen projects are surging across the globe as governments seize opportunities afforded by post-pandemic green stimulus packages.

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