New energy enterprises face the risk of decline
Saturday, 29 October 2022
At this stage, energy storage is not the only new energy auxiliary project. In order to pursue economy, enterprises are likely to adopt thermal power peak shaving, and new energy enterprises are not the only beneficiaries of energy storage power station construction, and their rights and responsibilities are not equal. Previously, the national development and
The world’s largest carbon market is starting up
Saturday, 29 October 2022
The national carbon emission trading market (hereinafter referred to as the “national carbon market”), which will be officially launched at the end of June, is gradually approaching, and many parties are speeding up their preparations. The reporter learned that at present, the further construction of the national carbon market registration system and trading system is
Global CO2 emissions will increase by 1.5 billion tons
Saturday, 29 October 2022
The Paris based International Energy Agency (IEA) said in its latest report on the 20th that global carbon dioxide emissions related to energy will increase by 1.5 billion tons in 2021, the largest increase since 2010. The agency called on the international community to respond quickly. In a press release released on the same day
Renewable energy promotes green and low carbon development
Saturday, 29 October 2022
Vigorously developing renewable energy is not only an important support to promote green and low-carbon development, but also an important measure for China to cope with climate change and fulfill international commitments. In recent years, China’s wind power, photovoltaic power generation and other industries have developed rapidly. By the end of 2020, the installed capacity
Iran’s export rebound will not have a big impact on the oil market
Saturday, 29 October 2022
Goldman Sachs said the potential recovery of Iran’s exports would not be an “external” shock to the oil market, and that it is expected that Iran’s crude oil exports will not fully recover until the summer of 2022, as U.S. and Iranian officials began indirect negotiations on the Iran nuclear agreement in Vienna on Tuesday.
Revenue of global oil giants will drop by 35.4% in 2020
Saturday, 29 October 2022
According to the sources, according to the data compiled by the Anadolu news agency, the total revenue of the world’s largest oil companies, including large oil companies, Saudi Aramco, Russia’s largest oil producer and the largest oilfield service provider, has dropped from US $2.02 trillion in 2019 to US $1.3 trillion in 2020, a drop
Global oil demand is still recovering
Saturday, 29 October 2022
Although problems with the European vaccine program and slowing crude oil purchases caused futures prices to fall more than 7% last Thursday, data from around the world showed that demand was recovering steadily, albeit intermittently. A year ago, billions of people were trapped at home because of the epidemic, and idle jetliners were parked on
Oil demand will reach an all-time high in 2026
Saturday, 29 October 2022
Unless governments act quickly to meet climate targets, global oil demand will return to pre pandemic levels in two years and reach a record high in 2026, according to the International Energy Agency. The oil market and the world economy are recovering from a massive collapse in demand caused by the coronavirus pandemic, the IEA
Global energy transition needs metals and minerals
Saturday, 29 October 2022
According to a World Bank report, energy transformation requires 3 billion tons of metals and minerals. The report also noted that by 2050, demand for materials such as copper, lithium, cobalt and graphite would increase by 500 per cent. Some of these metals, copper, are already close to the supply less than demand. Copper prices
Global investment in steam coal assets exceeds US $1 trillion
Saturday, 29 October 2022
A recent report released by 25 global climate organizations shows that by the end of 2020, there are still nearly 4500 international investment institutions in thermal coal projects, with a total investment of US $1.03 trillion. It is understood that the study is based on the analysis of the global coal withdrawal list. The research