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Solar, storage to see 20% fall with COVID-19 impact
- Wood Mackenzie 2020 revises down solar installations by 18% from pre-coronavirus levels from 129.5 GW to 106.4 GW
Onshore wind gets €13bn for new onshore projects in 2019
- Over 10 GW is for new onshore wind investment projects, with strong interest in Europe
Clean energy accounts for 72% of 2019 power expansion
- Renewables expand by 7.6% last year with Asia dominating growth and accounting for 54% of total additions
Spot market electricity prices for Sunday, April 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 19 million Turkish liras
Spot market natural gas prices for Friday, April 3
- 1,000 cubic meters of natural gas in spot market costs 1,454 Turkish liras on Friday
Turkey's daily power consumption down 0.19% on April 3
- Turkey's electricity exports amount to 6,689 megawatt-hours, while imports total 6,541 megawatt-hours on Friday
US oil rig count falls by 62 for week ending April 3
- The drop followed decline of 40 oil rigs the week before
Spain submits ambitious 2030 energy plan
- WindEurope suggests that Spain's ambitious 2030 National Plan is an example for other countries to follow
Global offshore wind capacity hits record installation
- Additional 6,1 GW of new global offshore wind capacity installed in 2019, 'record installation': Global Wind Energy Council
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Siemens Gamesa secures onshore turbine in Sweden
- Turbines will operate up to 6.2 MW capacity, producing record high annual energy, company said
Spot market electricity prices for Saturday, March 28
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 106.2 million Turkish liras
Spot market natural gas prices for Thursday, March 26
- 1,000 cubic meters of natural gas in spot market costs 1,458 Turkish liras on Thursday
Siemens Gamesa to provide clean electricity to Vietnam
- Siemens Gamesa will supply 25 units of turbine for the Hoa Thang 1.2 wind farm, one of the largest in Vietnam
Turkey's daily power consumption down 1.7% on March 26
- Turkey's electricity exports amount to 14,809 megawatt-hours, while imports total 8,840 megawatt-hours on Thursday
Eni starts wind energy generation in Kazakhstan
- Wind farm's annual power generation of about 198 GWh will avoid 172,000 tons CO2 per year
Turkey adds 687 MW of installed wind capacity in 2019
- Wind provides about 8 million homes with power in Turkey, Turkish Wind Energy Association report shows
Covid-19 damages global renewable supply chain
- WoodMac says impact on technology supply chains and installations may increase due to Covid-19
Japanese, French firms to produce organic photovoltaics
- Material will enable world’s top-level conversion efficiency under room light to be reached
Siemens presents UK's first converted 'Electric Avenue'
- Sutherland Avenue is UK's first residential avenue that will provide 24 electric vehicle charging points in lampposts
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Vestas secures 47 MW wind order in UK
- Delivery of turbines in 3.6 MW operating mode to maximize energy production expected to begin in the second quarter of 2021
China’s crude reserves to reach 1.15B barrels in 2020
- Wood Mackenzie’s latest analysis reveals that crude imports for refining and storage are down 5.0% to 9.5 million b/d
Clean power is more indispensable than ever: IEA head
- Governments should consider clean energy in stimulus plans to counter economic damage in coronavirus time, IEA Director said
Spot market electricity prices for Monday, March 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 123.88 million Turkish liras
Spot market natural gas prices for Saturday, March 21
- 1,000 cubic meters of natural gas in spot market costs 1,461 Turkish liras on Saturday
Turkey's daily power consumption down 9.74% on March 21
- Turkey's electricity exports amount to 5,056 megawatt-hours, while imports total 13,770 megawatt-hours on Saturday
Global oil supply falls in Feb 2020: Int. Energy Agency
- Oil demand forecast has also been cut by 1.1M barrels per day as Covid-19 spreads beyond China, IEA's 2020 base case shows
Oil prices see slight rise ahead of OPEC+ meeting
- OPEC and allies to discuss more oil cuts in global oil market
Spot market electricity prices for Thursday, March 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 131 million Turkish liras
Spot market natural gas prices for Tuesday, March 3
- 1,000 cubic meters of natural gas in spot market costs 1,449 Turkish liras on Tuesday
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Spot market natural gas prices for Friday, Feb. 28
- 1,000 cubic meters of natural gas in spot market costs 1,448 Turkish liras on Friday
Spot market electricity prices for Sunday, March 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 104.2 million Turkish liras
Turkey's daily power consumption down 0.33% on Feb. 28
- Turkey's electricity exports amount to 11,259 megawatt-hours, while imports total 5,265 megawatt-hours on Friday
US oil rig count declines one for week ending Feb. 28
- Number of oil rigs in US decreases to 678
Oil prices down with virus rebound and Libya risks
- Global oil prices see slight fall due to ongoing COVID-19 and Libya supply risks on Monday
Spot market natural gas prices for Sunday, Jan. 19
- 1,000 cubic meters of natural gas in spot market costs 1,457 Turkish liras on Saturday
Turkey's daily power consumption down 15.71% on Jan. 19
- Turkey's electricity exports total 8,002 megawatt-hours, while imports amount to 4,551 megawatt-hours on Sunday
Turkey's Yavuz vessel starts another drilling in E. Med
- From Turkey's Tasucu port, Yavuz will start journey to destination to conduct drilling activities: Turkey's energy minister
Global oil supply falls in Dec. 2019
- Escalating tension in the Middle East intensifies concern over supply security
AA Editors' Desk to host Turkey's energy min. on Thurs.
- Fatih Donmez is expected to speak on Turkey's energy policy and projects
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Turkey's daily power consumption up 2.4% on Jan. 14
- Turkey's electricity exports total 7,900 megawatt-hours, while imports amount to 1,638 megawatt-hours on Tuesday
Oil prices show slight loss as M. East tension calms
- Crude oil prices continue downward spiral on Monday after reporting more than 5% weekly decline on Friday
Spot market electricity prices for Sunday, Jan. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 120.27 million Turkish liras
Spot market natural gas prices for Friday, Jan. 3
- 1,000 cubic meters of natural gas in spot market costs 1,490 Turkish liras on Friday
US crude oil stocks decline for w/ending Dec. 27
- Commercial crude inventories decline by 11.5 million barrels
US oil rig count falls by seven for week ending Jan. 3
- Oil rig count declines two consecutive week
Turkey's daily power consumption up 2.16% on Jan. 3
- Turkey's electricity exports total 7,494 megawatt-hours, while imports amount to 5,302 megawatt-hours on Friday
Spot market electricity prices for Thursday, Jan. 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.06 million Turkish liras
Spot market natural gas prices for Tuesday, Dec. 31
- 1,000 cubic meters of natural gas in spot market costs 1,452 Turkish liras on Tuesday
Turkey's daily power consumption down 6.5% on Dec. 31
- Turkey's electricity exports total 6,108 megawatt-hours, while imports amount to 12,528 megawatt-hours on Monday
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Oil prices down slightly on last day of 2019
-US, China reaching a phase one trade deal encourages investors that global oil demand could be stronger in 2020
Oil rises slightly with OPEC's new output cut on Jan. 1
- Record sales in US also support prices with greater oil demand than expected in 2020
Turkey's licensed power generation up 0.4% in Oct.
- Installed electricity capacity increases 2.6% compared to October 2018
Spot market electricity prices for Wednesday, Dec. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 130.31 million Turkish liras
Spot market natural gas prices for Monday, Dec. 23
- 1,000 cubic meters of natural gas in spot market costs 1,425 Turkish liras on Monday
SOCAR AQS opens Baku Drilling School in Azerbaijan
- Baku Drilling School unites leading oil and gas firms and educational institutions to train specialists in Caspian region
Turkey's daily power consumption up 14.4 % on Dec. 23
- Turkey's electricity exports total 2,998 megawatt-hours while imports amount to 12,888 megawatt-hours on Monday
Oil prices show slight down on week beginning Dec. 23
- Global oil price decreases despite US-China trade deal optimism
Economic downturn affects solar installations in India
- Annual target for financial year 2018-2019 set at 11 GW, out of which the sector installed around 6.5 GW, GlobalData says
Asia forecast to support global coal demand, IEA says
- Asia will sustain coal growth amid largest decline ever forecast in global coal power generation in 2019
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Turkey's daily power consumption down 11% on Dec. 13
- Turkey's electricity exports amount to 8,299 megawatt-hours, while imports reach 7,739 megawatt-hours
Spot market electricity prices for Saturday, Dec. 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 118.99 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 12
- 1,000 cubic meters of natural gas in spot market costs 1,421 Turkish liras on Thursday
Turkey's daily power consumption up 0.3% on Dec. 12
- Turkey's electricity exports amount to 9,812 megawatt-hours, while imports reach 9,029 megawatt-hours
Global oil production up in November 2019
-OPEC crude oil output shows month-on-month decrease of 193 thousand barrels per day to average 29.55 million barrels per day
Spot market natural gas prices for Tuesday, Nov. 19
- 1,000 cubic meters of natural gas in spot market costs 1,411 Turkish liras on Tuesday
Spot market electricity prices for Thursday, Nov. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 129.60 million Turkish liras
Turkey's daily power consumption up 3.24% on Nov. 19
- Turkey's electricity exports amount to 8,564 megawatt-hours, while imports reach 8,546 megawatt-hours
Global number of electric cars hits 5 mln. in 2018: IEA
- Electric car sales up by 2 million in 2018, according to International Energy Agency
Global oil production up in October
- OPEC crude oil production reaches 29.9 million barrels per day but forecast for 2020 will see fall in demand
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Global oil production up in October 2019
- In October, OPEC crude oil output shows increase of 943 thousand barrels per day to average 29.65 million barrels per day
Siemens Gamesa to supply 300 MW turbine plant in Taiwan
- Siemens Gamesa appoints preferred supplier for provision of turbines and service for offshore project in Taiwan
SOCAR AQS becomes Global Reporting Initiative member
- With Global Reporting Initiative Community membership, SOCAR AQS will apply high standards for transparency and reporting
Africa's influence in energy sector growing, IEA report
- 600 million people in Africa do not have access to electricity and 900 million lack access to clean cooking facilities
Oil industry needs $10.6 trillion investment up to 2040
- Upstream sector requires $8.1 trillion, while downstream and midstream need $1.4 trillion and $1 trillion between 2018-2040
Global primary energy demand sees 2.3% rise in 2018
- Energy intensity improvement is slowest since 2010, slowdown represents a lost opportunity, Int. Energy Agency report says
Spot market electricity prices for Monday, Nov. 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 113.82 million Turkish liras
Spot market natural gas prices for Saturday, Nov. 2
- 1,000 cubic meters of natural gas in spot market costs 1,418 Turkish liras on Saturday
Turkey's daily power consumption down 6.40% on Nov. 2
- Turkey's electricity exports total 7,756 megawatt-hours while imports amount to 11,964 megawatt-hours on Saturday
SOCAR AQS completes well drilling in Bulla-Deniz field
- Bulla-Deniz field is one of the most challenging high pressure fields in the world
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Turkey, Russia energy experts meeting to open in Istanbul
- Anadolu Agency, in cooperation with Russian TASS news agency, is hosting Wednesday's meeting to discuss natural gas
Multi million dollar investment for Turkey's gas storage
- SOCAR AQS will dig 40 wells to expand storage capacity of Salt Lake Natural Gas Storage Facility
Solar PV market set for growth over next 5 years: IEA
- Distributed solar PV to be key part of 50% increase in global renewable power capacity, according to IEA's report
Azerbaijan’s SOCAR AQS opens office in Turkish Capital
- SOCAR AQS to dig 40 wells to expand capacity of Salt Lake Natural Gas Storage Facility in Turkey
AA energy desk to host Turkey's Wind Energy Assoc. head
- Turkish wind energy sector developments, regulations, and future plans will be up for discussion
Global oil production falls in September 2019
- OPEC crude oil production decreases by 1,318 million barrels per day to average 28.49 million, OPEC report says
US crude oil production breaks new record high
- Crude output reaches all-time high of 12.6 million barrels a day
Oil shale has dominant role in Estonia’s energy mix: IEA
- Using domestic sources provides Estonia, energy independence, but it also gives Estonia carbon intensity
Chevron sets new greenhouse gas reduction goals
- American multinational Chevron plans to reduce emission intensity from oil and natural gas production
Eni boosts investments in Australian solar projects
-Eni's new solar projects in Australia to supply clean energy to over 5,000 homes each year
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Turkey's daily power consumption up 14.34% on Sep. 30
- Turkey’s electricity exports amount to 7,560 megawatt-hours, while imports reach 5,749 megawatt-hours on Monday
Eni, Mainstream to cooperate for large-scale renewables
- Eni, Mainstream will collaborate on power generation from renewable sources across Africa, U.K. and Southeast Asia
Spot market electricity prices for Sunday, Sept. 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 96.16 million Turkish liras
Spot market natural gas prices for Friday, Sept. 20
- 1,000 cubic meters of natural gas in spot market cost 1,502.19 Turkish liras on Friday
Oil rig count in US falls by 14 this week
- Number of US oil rigs falls to 719
Turkey's daily power consumption falls 2.05% on Sep. 20
- Turkey's electricity exports reach 5,305 megawatt-hours while imports amount to 3,291 megawatt-hours on Friday
Equinor ramps up oil production in Gulf of Mexico
- Equinor plans to recover an estimated 150-175 million barrels of oil equivalent in St. Malo field
Google to expand global wind, solar stake via 18 deals
- These deals will increase Google's worldwide wind and solar energy portfolio by more than 40% to 5,500 megawatts
Turkey's daily power consumption up 0.33% on Sept. 18
- Turkey's electricity exports amount to 5,679 megawatt-hours while imports reach 3,484 megawatt-hours on Wednesday