Baua Electric
MAY 1, 2023
Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.
Cars That Think
AUGUST 29, 2022
The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. This means that in 2021 the EU got more than 40 percent of its natural gas, 27 percent of its oil, and 46 percent of its coal imports from Russia, for which it paid €99 billion, or nearly US $10 billion a month. Here are the basic facts.
Green Car Congress
NOVEMBER 9, 2022
Inventories are just one part of the supply equation for diesel and other distillates. We expect notable decreases in electricity generation from natural gas and coal next year. US distillate fuel inventories average 17% below the five-year average in the forecast for 2023. EIA forecasts Russia will produce 9.3
Green Car Congress
AUGUST 19, 2014
Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. Key industry sources say they will potentially run out of coal in less than three weeks.
Green Car Congress
JANUARY 11, 2023
Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.
Green Car Congress
NOVEMBER 14, 2022
Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from coal use are expected to grow 1.0% [0.2% While the data indicates that coal use has plateaued in the last 10 years, there remains considerable uncertainty on when it will start to decline. increase in 2021.
Green Car Congress
JULY 1, 2022
New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. While demand for low-carbon technologies in the energy sector bounced back strongly in the second half of 2021, supply has struggled to keep up. The latter cost at $74 and $81 per MWh, respectively.
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