Russia’s Natural Gas Pipeline Exports To Europe Down To Almost 40-Year Lows

Credit to Author: U.S. Energy Information Administration| Date: Wed, 10 Aug 2022 02:16:57 +0000

Russia’s natural gas exports by pipeline to the European Union (EU) and the United Kingdom (UK) declined by almost 40% during the first seven months of 2022 compared with the same period in 2021 and by almost 50% compared with the previous five-year (2017–21) average, according to data from Refinitiv Eikon. In mid-July 2022, exports […]

Read more

Europe May Need Temporary Coal, Oil Power Increase to Ready for ’Hard’ Winter, IEA Warns

Credit to Author: Sonal Patel| Date: Mon, 18 Jul 2022 14:50:35 +0000

European leaders should minimize gas use in the power sector and temporarily ramp up coal- and oil-fired generation while accelerating low-carbon sources to guard against energy market turmoil that has grown “especially perilous,” the head of the International Energy Agency (IEA) said on July 18. “I’m particularly concerned about the months ahead,” wrote IEA Executive […]

The post Europe May Need Temporary Coal, Oil Power Increase to Ready for ’Hard’ Winter, IEA Warns appeared first on POWER Magazine.

Read more

Germany Set to Increase Coal-Fired Generation in Face of Gas Crunch

Credit to Author: Darrell Proctor| Date: Mon, 20 Jun 2022 23:15:35 +0000

A leading German economic official said the country must increase the burning of coal for power generation and reduce its use of natural gas to avoid an energy crisis later this year. German Economy Minister Robert Habeck in a statement on June 19 said the country’s move away from receiving natural gas from Russia due […]

The post Germany Set to Increase Coal-Fired Generation in Face of Gas Crunch appeared first on POWER Magazine.

Read more

THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

The post THE BIG PICTURE: World’s Biggest Power Companies appeared first on POWER Magazine.

Read more