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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. As a result, investment decisions are becoming increasingly complex.

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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

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In a fairly bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) concluded that, despite a few bright spots such as the rapid expansion of renewable technologies and the growth of hybrid and EV sales, the progress is far below that required to achieve a 2 °C pathway—i.e., Source: IEA.

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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

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The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Energy demand. Renewables.

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The Case for Nuclear Cargo Ships

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At a July meeting of the International Maritime Organization , the U.N. At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore. Fourth-generation SMRs avoid all that.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

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The drawback to these technologies is that fossil fuels (principally oil and coal) are still used to produce the electricity that powers these vehicles, thereby eliminating some of the potential gains. million units), Europe (977,000 units), and Japan (875,000 units). The leading markets are the United States (1.7

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Wind-to-Hydrogen Tech Goes to Sea

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US $5 PER KILOGRAM Cost of green hydrogen today. Longer term, California, the Canadian province of Nova Scotia, Japan, and Western Australia are all looking to the sea to help meet their demands for hydrogen. The trick will be to keep the cost of these buffers to a minimum. Conventional, or gray, hydrogen: $1.50

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