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Category: Global News

Global NEWS

Coal dispatches from state-run miner Coal India Ltd (CIL) to power sector improved by 18 per cent to 39.9 million tonnes in October, official data showed. Published in The New Indian Express, 19th November, 2017 http://www.newindianexpress.com/business/2017/nov/19/coal-dispatches-to-power-sector-rise-18-percent-in-october-1705138.html

Over the past five years, firms have invested an average of $330 in digitising their power plants. Published in Smart Cities World, Sep 20, 2017 http:http:https:https:https://smartcitiesworld.net/news/digital-makeovers-for-power-plants-2123
A diverse energy mix including coal and nuclear power is a key requirement for US electricity generation if the country is to maintain a cost-effective power supply, IHS Markit said. Published in S&P Global Platts, Sep 19, 2017 http:http:https:https://www.platts.com/latest-news/electric-power/houston/reducing-power-diversity-will-damage-us-economy-21999363
Global crude oil prices slipped slightly Monday but stayed close to multimonth highs as traders braced for a potential stockpile build, expected later this week. PPublished in Business Recorder, Sep 19, 2017 http:http:https:https:http:http:http://www.brecorder.com/2017/09/19/370022/global-oil-prices-slip-but-remain-near-recent-highs/
One in five power plants will become ‘digital plants’ by 2025, a new report predicts according to the report from consultancy Capgemini’s Digital Transformation Institute. Published in Power Engineering International, Sep 19, 2017 http:http:https:https:http:http://www.powerengineeringint.com/articles/2017/09/one-in-five-power-plants-to-go-digital-by-2025-predicts-report.html
Britain is phasing out its coal-burning power plants, with the last one slated to be shuttered by 2025, if not sooner. It is a startling development for the nation that founded an industrial revolution powered by coal. Published in Yale Environment 360, Sep 18, 2017 http:http:https:https:http://e360.yale.edu/features/in-a-stunning-turnaround-britain-moves-to-end-the-burning-of-coal
The report forecasts a 2.8% annual increase in renewable energy through 2040, making it the world’s fastest growing source of energy for electricity generation. Published in Earth and Space Science News, Sep 18, 2017 http:http:https:https://eos.org/articles/worlds-heavy-dependence-on-fossil-fuels-projected-to-continue
Nuclear plants spend a high proportion of the time generating at their maximum capacity. Published in The Guardian, Sep 18, 2017 http:http:https://www.theguardian.com/environment/2017/sep/18/nuclear-must-be-part-of-the-low-carbon-mixl
Oil prices are at their highest levels in months on the back of strong demand and some key supply outages around the world. But the next price movements are unclear, as is the response from U.S. shale. Published in Oil Price, Sep 17, 2017 es. Published in Oil Price, Sep 17, 2017 http:http://oilprice.com/Energy/Energy-General/Sub-50-Oil-Could-Kill-Shale.html
The International Energy Outlook predicts that total world energy consumption will grow by 28 percent between 2015 and 2040, primarily driven by non-OECD countries. Published in Oil Price, Sep 16, 2017 http://oilprice.com/Energy/Crude-Oil/China-To-Dictate-Energy-Growth-In-Coming-Years.html
A tidal power station in the Pentland Firth between mainland Scotland and Orkney has broken the world record for electricity generation, the company behind it has announced. Published in The Independent, August 31, 2017 http://www.independent.co.uk/news/business/news/pentland-firth-tidal-power-station-electricity-generation-energy-renewables-a7922141.html
The oil industry is quite familiar with the concept of a “Peak Oil Supply” but people find it hard to believe that there is another side of the theory, which is “Peak Oil Demand” Published in Rigzone, August 17, 2017 http://www.rigzone.com/news/oil_gas/a/151442/why_would_oil_demand_peak_contrary_to_peak_oil_supply