(Bit of a catch up after a week on the road)
Brent crude $115
Russian oil export capacity falls due to Caspian storm damage
Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1% of global oil production, due to storm-damaged berths, a Russian official said on Tuesday.
www.reuters.com
The other Russian oil damage is self-inflicted
In the aftermath of Russia’s invasion of Ukraine, between 3 million and 4 million barrels a day (mb/d) of petroleum production have effectively been removed from the world market, constituting one of the largest supply shocks since the 1970s.
www.dallasfed.org
Can be paid for in roubles, maybe or shall be
EU figuring out how to get off Russia
Proposals from southern European countries to intervene in energy markets have highlighted the difficulty facing an EU summit this week as it seeks to respond to record prices driven by Russia's invasion of Ukraine.
www.reuters.com
or
Editor Areti Ntaradimou discusses the different opinions on Europe's dependence on Russian oil and gas and what it will take to change this.
www.smart-energy.com
centralised co-ordinated EU energy purchases may be part of the solution
The European Union is moving toward the joint purchase of natural gas and ensuring its storage facilities are nearly full to try to avoid another crisis tied to its dependency on Russian energy, officials said Tuesday.
www.ekathimerini.com
It wsn't renewables that caused the problem
Many factors left Europe woefully dependent on Russian gas. Wind and solar energy are not chief among them.
www.energymonitor.ai
.... it was German anti-nuclear movement (and where that came from is a whole nother rabbit hole)
Europe’s gas supply heavily depends on Russia, but Germany’s historic aversion to nuclear power has made it even more reliant on the country.
www.energymonitor.ai
US shale is go
Activity in the oil and gas sector accelerated in first quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey.
www.dallasfed.org
Getting off Russian nuclear no joke either
The Ukraine-Russia war is wrecking havoc on fossil fuel supply chains. But uranium deliveries for nuclear power remain untouched, for now.
www.energymonitor.ai
Nigeria wants on nuclear
The Director General of the Nigerian Nuclear Regulatory Authority, Yau Idris, said that agreements had been signed with a number of other countries' regulators as plans proceed for a proposed four unit plant.
www.world-nuclear-news.org
Canada keeping up with the nuclear modular craze
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor. This is the third investment in small modular reactor technology to be made through Innovation, Science and Economic Development Canada's...
www.world-nuclear-news.org
Funnily enough Belgian nukes extended
Belgium's federal government has decided to allow Doel 4 and Tihange 3 to continue operating until 2035 in order to allow the country to "strengthen its independence of fossil fuels in turbulent geopolitical times". The coalition government had earlier agreed to phase out the use of nuclear...
www.world-nuclear-news.org
UK offshore pipeline now 86GW
The UK’s total pipeline of offshore wind projects now stands at 86 GW, more than eight times the UK's current operational capacity, according to statistics published by RenewableUK on 22 March.
www.offshorewind.biz
Shell for 17GW offshore Brazil
Shell has applied for environmental investigation licences for six offshore wind projects in Brazil with the country's Institute for the Environment and Natural Resources (IBAMA). The six projects have a total installed capacity of 17 GW.
www.offshorewind.biz
BP + Marubeni offshore Japan
BP and Marubeni are forming a strategic partnership for offshore wind and other decarbonisation projects, including hydrogen, in Japan.
www.offshorewind.biz
Very big transmission investments required
It is now obvious the country will need the equivalent of a moonshot effort on transmission investment in order to meet the nation’s critical clean energy, electrification, and...
www.tdworld.com
Uncertainty on US long term solar pathway
Clean energy provisions in reconciliation bill would boost solar installations by 66% over next 10 years.
www.tdworld.com
LG goes cylindrical in US for batteries (after near-death experience in pouches)
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment for the first U.S. cylindrical battery plant.
www.smart-energy.com
Australian battery, yet another
AGL announced a final investment into its Broken Hill battery, which hopes to play an important role in energy storage.
www.smart-energy.com
European hydrogen for steel, again
Thyssenkrupp Steel and STEAG have agreed on the delivery of hydrogen from STEAG’s Duisburg-Walsum site to thyssenkrupp Steel in Duisburg
www.enlit.world
Honda still in hydrogen gear
Honda is to install a stationary fuel cell power station at its US corporate campus in Torrance, California.
www.smart-energy.com
The other bit of the German nuclear policy that has changed recently (photo shows B61-12 nuclear weapon in F-35A internal weapons bay)