Europe

European power prices spike as French nuclear crisis deepens – Platts

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Natural gas prices ramp up as combined-cycle-gas-turbine output jumps European power prices spiked in early Nov. as unscheduled nuclear outages in France continued to squeeze supply margins across much of Northwest Europe, according to S&P Global Platts. Natural gas prices also responded as combined cycle gas plants ramped up to capture rising prices, according to […]

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European style energy policy is the wrong fit for America

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Obama admitted thanks to America’s shale revolution, US manufacturing added over 800,000 direct jobs by Rep. Bill Johnson (R-Ohio), EnergyInDepth Last year, I joined a bipartisan group of members from the House Energy and Commerce Committee on a trip to Portugal, Belgium, and the Ukraine to discuss our mutual energy interests and Russia’s aggression in

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Recent increases in global nuclear capacity led by Asia

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 Four other reactors in North America currently under construction, are expected to come online between 2019, 2020 Global nuclear capacity reached 383 gigawatts (GW) in 2015, driven primarily by nuclear additions in Asia, according to the US Energy Information Administration. Currently, 31 countries have nuclear power programs, totaling 441 operating reactors. An additional 60 reactors are

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Nord Stream 2 pipeline partners rework funding after joint venture collapses

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Joe Biden calls Nord Stream 2 pipeline a “bad deal” for Europe By Vera Eckert and Oleg Vukmanovic FRANKFURT/MILAN, Aug 25 (Reuters) – Western partners in Russia’s Gazprom-led gas pipeline extension to Europe are examining alternative ways to fund it after Poland’s cartel office blocked its clearance last month, company and legal sources say. Poland’s rejection was

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European gas prices bottoming out as power generation sector increases demand: Statoil

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European gas prices steady despite increase in LNG supply OSLO, May 25 (Reuters) – Norway’s Statoil does not expect European gas prices to fall much further as rising demand from the power generation sector would offset an expected increase in liquefied natural gas (LNG) supply, company officials said on Wednesday. The majority state-owned Statoil, Europe’s

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Global shale gas market expected to reach $214 billion by 2022 – study

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Asia-Pacific power generation accounted for highest shale gas consumption (37% in 2015), expected to grow at CAGR of 45.5% The North American shale gas market is expected to maintain its foothold in the market throughout the analysis period registering a compound annual growth rate (CAGR) of 12.6 per cent, in terms of revenue, according to a report

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