Renewable energy resources have increasingly become mainstream sources of energy worldwide, catapulted by new capacity in developing countries. Depending on the source, renewable energy has or is poised to surpass coal to become the world's largest source of electrical power capacity. The International Energy Agency (IEA) in its most recent medium-term renewable market report said that this transition occurred last year, while according to the latest energy outlook by the US Energy Information Administration (EIA) the transition will be completed in 2016.
Better access to financing, improving cost-competitiveness of renewable technologies, energy security and environmental concerns, and growing demand for energy have factored into the transformation to different degrees depending on the country and renewable source.
It's a one pager PDF full of live links to energy-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the oil & gas industry, energy companies, biofuels and much more.
Brent crude oil prices will average $63.4 per barrel in 2018 and decrease to $62.7 per barrel in 2019, according to the most recent forecast from the US Energy Information Administration's monthly Short-Term Energy Outlook (EIA). This reflects an upward revision of $2.5/barrel to the EIA forecast for 2018 compared to last month's Outlook.The OECD Economic Outlook as of November 2017 was less bullish, pegging the real price of a barrel of Brent oil— i.e. price adjusted for inflation—at $60/barrel in 2018.Looking out to 2020, the IMF in its Primary Commodity Prices Projections released in July asserted that after modest growth in 2018, the...
2015 was an exceptional year for coal prices. The period of decline which began in 2011, was interrupted by the rapid growth. Coal prices grew by 4-5 percent in August 2017 continuing a 3-5 percent growth in January 2018. Since January 2016, when the price of coal reached a 10-year low, coal prices have rebounded by about 100 percent. This situation is attributable to several factors. First, it is the consequence of an implemented policy in China which aimed at reducing harmful emissions. China is the largest coal consumer and coal producer at the same time. The reduction in own-grown production led to the increase in coal imports. Second,...
Power Generation Russia’s world class exhibition floor features the major players in the Russian and international power industry displaying and demonstrating the latest services and technologies; representing unrivaled networking and business opportunities for attendees and exhibitors alike. Date: 31 October - 1 November 2017, Moscow Event Holder: Vostock Capital
This October will see the 6th Powering Africa: Nigeria investors summit take place in Abuja, where your commercial objectives are put at the heart of the agenda. We will also analyse the progress Nigeria’s power sector has achieved in the last 12 months. We warmly invite you to join us in October and would like you to let us know how your business has developed in the last year. We will be delighted for you to share your story with other participants too. Date of Event: 4-6 October 2017 Location: Abuja, Nigeria