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China’s Coal Production Hit a New Record High in 2023
China’s Coal Production Hit a New Record High in 2023 Higher power demand and efforts to boost energy security pushed China’s coal production to a record-high level in 2023, according to official statistics data published on Wednesday. Chinese coal output rose by 2.9% year-over-year to 4.66 billion metric tons in 2023, per data from China’s […]
What ‘transition’? Renewable energy is growing, but overall energy demand is growing faster
What ‘transition’? Renewable energy is growing, but overall energy demand is growing faster The rise in the renewable energy that’s available is still lower than the rise in global energy demand overall. The shortfall between renewable energy supply and power demand will only widen as economies reopen and travel resumes, with demand already spiking to […]
The Overlooked Catalyst That Will Send Energy Demand Soaring
The Overlooked Catalyst That Will Send Energy Demand Soaring As the earth gets hotter, energy demand will increase significantly along with global temperatures. Now a team of researchers in China has determined in a recent study that by the end of this century, peak energy demand in China will increase by a minimum of 72 […]
Battery storage* in perspective – solving 1% of the problem
Battery storage* in perspective – solving 1% of the problem The energy world is fixated on the “huge” amounts of battery storage presently being installed to back up slowly-increasing levels of intermittent renewables generation. The feeling seems to be that as soon as enough batteries are installed to take care of daily supply/demand imbalances we […]
Global Energy Forecast to 2100
Global Energy Forecast to 2100 A global energy demand forecast is presented to 2100 based on historic growth of per capita energy consumption, 1965-2015 and on UN low and medium population growth forecasts. The low forecast sees energy demand growing from 13.15 billion tonnes oil equivalent (toe) per annum in 2015 to 19.16 billion toe […]
The California Duck Curve isn’t confined to California
The California Duck Curve isn’t confined to California The California Duck Curve is causing concern among California’s utilities, who wonder whether they will be able to ramp generation up quickly enough to meet evening peak demand when all the new solar capacity California plans to add over the next few years comes on line. As […]
How to Run the Economy on the Weather
How to Run the Economy on the Weather Before the Industrial Revolution, people adjusted their energy demand to a variable energy supply. Our global trade and transport system — which relied on sail boats — operated only when the wind blew, as did the mills that supplied our food and powered many manufacturing processes. The […]
$10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC
$10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note […]
BP Data Suggests We Are Reaching Peak Energy Demand
BP Data Suggests We Are Reaching Peak Energy Demand Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of these views is correct. The real situation […]
Energy round-up: tectonic shifts
Energy round-up: tectonic shifts Photo credit: gnuckx Three things you shouldn’t miss this week Chart: Is the global economy becoming less energy intensive? Source: BP Statistical Review of World Energy 2015 Article: Fossil fuel divestment is rational, says former Shell chairman – Mark Moody-Stuart is also worried about the lack of industry progress in addressing climate change. Article: BP sees ‘tectonic […]
