27% of energy consumption in the Netherlands will come from renewable energy sources
Friday, 23 February 2024
The goal of the Netherlands is to achieve 27%of energy consumption from renewable energy sources(such as biomass,solar,wind,etc.)by 2030,and 70%of electricity generation from renewable energy sources by 2030.According to data from the Dutch Central Bureau of Statistics,the proportion of renewable energy in the total energy consumption in the Netherlands has reached 15%in 2022,with biomass energy accounting
Natural gas production will increase and demand may remain stable
Wednesday, 31 January 2024
Meg O’Neill,CEO of Woodside Energy Group,stated that the company will continue to negotiate a merger with Santos Limited.The recent major oil and gas industry mergers and acquisitions in the United States have involved low premiums,and the acquisition between Woodside and Santos has added value to shareholders. Woodside’s oil and gas production increased by 19%in 2023,reaching
New energy storage technologies continue to emerge
Thursday, 25 January 2024
On January 25th, the National Energy Administration held a press conference to introduce the development of new energy storage in China in 2023, the construction of a unified national electricity market system, the background of the establishment of International Clean Energy Day, and China’s contribution to global clean energy development, and answered questions from reporters.
It is predicted that coal demand will decrease within 3 years
Thursday, 18 January 2024
The International Energy Agency(IEA)recently stated that with China’s strong promotion of the use of renewable energy,global coal demand may peak in 2023 and decrease by 2.3%in the next three years.This is the first time that the International Energy Agency has predicted that coal demand will decline within three years. The International Energy Agency predicts that
Re evaluating the supply and demand environment in the crude oil market
Wednesday, 10 January 2024
EIA has raised expectations for the growth rate of crude oil demand.Looking ahead to 2024,commodity trading service provider Jin Lianchuang believes that from the trend of oil prices,the international crude oil market may re evaluate the supply and demand fundamentals in 2024.With the increase in crude oil supply from non OPEC countries,crude oil prices may
Coking coal prices rise slightly, supermarket expectations
Thursday, 04 January 2024
Recently,the market price of coking coal has slightly declined,but the long-term agreement price of coking coal in the first quarter has increased by a maximum of 200 yuan/ton compared to the fourth quarter of last year,which is beyond the expectations of some industry insiders. The reporter learned from some listed coking coal companies that in
The increase in international oil prices has expanded to 3%
Wednesday, 27 December 2023
On Tuesday(December 26th)in New York,international crude oil prices expanded their gains,with both major benchmarks rising by over 3%. The specific market situation shows that as of the time of publication,the price of WTI crude oil futures in the United States has risen by more than 3.3%,returning above$76 for the first time since December 1st; Brent
There is enormous potential for energy cooperation between China and Russia
Monday, 18 December 2023
Gazprom recently broadcasted content commemorating the 5th anniversary of the start of the Siberian Power natural gas pipeline supplying gas to China at the”Russia”international exhibition and forum.Over the past five years,the amount of natural gas exported to China through this pipeline has been continuously increasing.As the first natural gas pipeline between the two countries,the”Power of
Coal transportation capacity meets winter demand
Wednesday, 13 December 2023
The reporter learned from China Railway Group that in November,China Railway sent 178 million tons of coal,a year-on-year increase of 3.2%.Among them,130 million tons of electric coal effectively meet the demand for coal for winter power generation and heating. Since the beginning of winter,temperatures in various regions have significantly decreased,and the demand for coal for
China UK energy cooperation has a broad foundation
Tuesday, 05 December 2023
China and the UK have a broad foundation in energy cooperation:both have proposed carbon neutrality goals,both are currently facing energy transformation issues and pressures,and each has its own advantages in energy construction.On this broad basis,cooperation between China and the UK in the energy sector is currently strengthening,and the proportion of investment in the UK’s energy