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Spot market electricity prices for Tuesday Oct. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 151.2 million Turkish liras
Turkey's daily power consumption down 11.1% on Oct. 18
- Electricity exports amount to 9,268 megawatt-hours while imports reach 3,833 megawatt-hours
Black Sea gas could meet all Turkey’s household needs
- Turkey's gas discovery in Black Sea reach 405 bcm: Turkish president
Recovery of global oil demand to take at least 3 years
- Global oil demand is estimated to return to pre-crisis levels by 2023, according to IEA's report
15.10.2020
Oil
Solar set to be 'new king' of world electricity markets
- Solar PVs are currently cheaper than new coal or gas-fired power plants in most countries due to cheap renewables financing
13.10.2020
Solar
Spot market electricity prices for Wednesday, Oct. 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 239.90 million Turkish liras
Spot market natural gas prices for Monday Oct. 5
- 1,000 cubic meters of natural gas on spot market costs 1,299 Turkish liras
Turkey's daily power consumption up 15.6% on Oct. 5
- Electricity exports amount to 11,490 megawatt-hours while imports reach 4,166 megawatt-hours
Energy transition poses big credit risk to Gulf NOCs
- Sovereign sponsors of NOCs will impact credit profiles as governments shift to less carbon intensive economy, Moody's says
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US taxpayers could face $280B debt for well plugging
- There are 2.6 million unplugged onshore wells in US, with another estimated 1.2 million that are undocumented, report says
Spot market electricity prices for Thursday, Oct. 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 172.3 million Turkish liras
Spot market natural gas prices for Tuesday, Sept. 29
- 1,000 cubic meters of natural gas on spot market costs 1,375 Turkish liras
Turkey's daily power consumption up 3.2% on Sept. 29
- Electricity exports amount to 8,419 megawatt-hours while imports reach 383 megawatt-hours
Renewable energy jobs reach 11.5 million worldwide
- Solar energy creates 33% of total global jobs alone while China is top country with 4.4M in employment, a new report shows
Turkey's oil imports up 6.1% in July 2020
- Output of oil refinery products decreases by 11.5% to 2.8 million tonnes in July 2020
Turkey's gas imports down 4.5% in July 2020
- Total natural gas consumption in July falls 0.2% year-over-year
Climate goals virtually impossible w/out carbon capture
- Technologies to capture and store carbon emissions need to accelerate significantly to meet Paris Agreement goals
24.09.2020
Renewable
GE to pursue exit from new-build coal power market
- Exit may include site closures, job impacts and divestitures, company says
22.09.2020
Coal
Spot market electricity prices for Friday, Sept. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 169.6 million Turkish liras
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Spot market natural gas prices for Wednesday, Sept. 16
- 1,000 cubic meters of natural gas on spot market costs 1,324 Turkish liras
Turkey's daily power consumption down 0.5% on Sept. 16
- Electricity exports amount to 6,977 megawatt-hours while imports reach 82 megawatt-hours
Spot market electricity prices for Monday, Sept. 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162 million Turkish liras
Spot market natural gas prices for Saturday, Sept. 12
- 1,000 cubic meters of natural gas on spot market costs 1,324 Turkish liras
Turkey's daily power consumption down 4.2% on Sept. 12
- Electricity exports amount to 3,715 megawatt-hours while imports reach 1794 megawatt-hours
Turkey's gas find could save up to $21B in import costs
- Actual savings could even be more as global gas prices and import costs are expected to rise in coming years: Rystad Energy
Spot market electricity prices for Monday, Aug. 31
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 183.3 million Turkish liras
30.08.2020
Electricity
Spot market natural gas prices for Saturday, Aug. 29
- 1,000 cubic meters of natural gas on spot market costs 1,306 Turkish liras
Turkey's daily power consumption down 3.7% on Aug. 29
- Turkey's electricity exports amount to 5,076 megawatt-hours while imports reach 3,381 megawatt-hours
Turkey’s giant gas find worth $80 billion: IEA Head
- Around $6 billion investment is necessary to start production from field, IEA Executive Director says
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Turkey's oil imports down 11.6% in June 2020
- Output of oil refinery products decreases by 11.4% to 2.26 million tonnes in June 2020
Turkey’s gas imports from Russia and Iran fall sharply
- Share of LNG in total gas imports increases while pipeline gas drops significantly in first half of 2020, data shows
Giant gas discovery in Black Sea marks new era for Turkey
- Turkish President Recep Tayyip Erdogan says new find is "country's biggest gas discovery in its history"
Turkey's daily power consumption up 1.8% on Aug. 19
- Turkey's electricity exports amount to 4,471 megawatt-hours, while imports reach 1,266 megawatt-hours
Spot market natural gas prices for Friday, July 31
- 1,000 cubic meters of natural gas on spot market costs 1,387 Turkish liras
01.08.2020
Natural Gas
Spot market electricity prices for Sunday, August 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 136.7 million Turkish liras
Turkey's daily power consumption down 16.8% on July 31
- Turkey's electricity exports amount to 10,447 megawatt-hours, while imports reach 2,392
US oil rig count falls by 1 for week ending July 31
- Number of oil rigs drop after it rises for first time in 18 weeks
Spot market natural gas prices for Thursday, July 30
- 1,000 cubic meters of natural gas on spot market costs 1,392 Turkish liras
Spot market electricity prices for Saturday, August 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 154.7 million Turkish liras
31.07.2020
Electricity
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Turkey's daily power consumption down 15% on July 30
- Turkey's electricity exports amount to 8,289 megawatt-hours, while imports reach 1,919
Brent oil down amid increasing COVID-19 cases
- Oil prices see slight increase after massive decline in US commercial stocks
Spot market natural gas prices for Wednesday, July 29
- 1,000 cubic meters of natural gas on spot market costs 1,392 Turkish liras
Turkey's oil imports down 22.7% in May 2020
- Production of oil refinery products decreases by 11.3% to 2.52 million tonnes in May 2020
Turkey's daily power consumption down 1.6% on July 29
- Turkey's electricity exports amount to 7,050 megawatt-hours, while imports reach 3,787 megawatt-hours
30.07.2020
Electricity
Turkey's gas imports down by 0.5% in May 2020
- Total natural gas consumption in May falls by 24.1% year-over-year
Turkish BDY Group acquires Russian LPG company
- Petgaz, a subsidiary of Russian Petgaz BV, operates Turkey's biggest LPG terminal
27.07.2020
Oil
Spot market electricity prices for Tuesday, July 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.3 million Turkish liras
20.07.2020
Electricity
Spot market natural gas prices for Sunday, July 19
-1,000 cubic meters of natural gas in spot market costs 1,269 Turkish liras
20.07.2020
Natural Gas
Turkey's daily power consumption down 9.1% on July 19
- Turkey's electricity exports amount to 2,328 megawatt-hours, while imports reach 9,000 megawatt-hours
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Spot market electricity prices for Thursday, July 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162.6 million Turkish liras
15.07.2020
Electricity
Spot market natural gas prices for Tuesday, July 14
-1,000 cubic meters of natural gas in spot market costs 1,275 Turkish liras
Turkey's daily power consumption up 1.2% on July 14
- Turkey's electricity exports amount to 4,372 megawatt-hours, while imports reach 4,672 megawatt-hours
Oil sees slight increase amid rising COVID-19 cases
- Rising COVID-19 cases continues to hamper a global economic recovery and an uptick in oil demand, stifling crude prices
15.07.2020
Oil
G20 commits $151B to fossil fuels in COVID-19 packages
- COVID-19 recovery packages aid fossil fuels over clean energy despite leaders' ambitious clean energy transition rhetoric
UN asks countries to stop wasting money on fossil fuels
- Coal has no place in COVID-19 recovery plans, UN Secretary-General says
IATA calls for sustainable aviation fuel recovery
- World must build back better from COVID-19 crisis by focusing on carbon reduction technology investments, IATA says
10.07.2020
Oil
Over 50% of EBRD annual investment to go green by 2025
- Bank's average green finance ratio rose from 25% to 40% in past 5 years, statement says
EU sets hydrogen and energy system integration strategy
- As EU aims to be climate-neutral by 2050, strategies fall short of needed changes, expert says
Clean energy innovation vital to meet net zero emissions
- Reaching international energy and climate goals requires a sharp acceleration in clean energy innovation, a new report says
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Turkey to offer 'green only' power tariff to consumers
- Under draft regulations, power suppliers will prove their source of origin to consumers via guarantee documents
60% of global coal plants to be uncompetitive by 2022
- Share of uncompetitive coal plants worldwide to constantly increase, new report says
30.06.2020
Coal
China leads green bond issuance with $55.8B in 2019
- China's green bond issuance up by 33% in 2019 from $42 billion in 2018, new report says
29.06.2020
Invesments
Turkey's oil imports down 18.1% in April 2020
- Production of oil refinery products decreases by 9.4% to 2.58 million tonnes in April 2020
Turkey's gas imports down by 25.8% in April 2020
- Total natural gas consumption in April falls by 20% year-over-year
Oil majors still fall short on absolute emission cuts
- Companies continue to plan for increases in production in a world of falling oil and gas demand, new report finds
Turkey's power demand grows as normalization begins
- Demand starts to rise in June after country sees sharp drop in April and May due to restrictions to prevent COVID-19 spread
Spot market natural gas prices for Saturday, June 20
- 1,000 cubic meters of natural gas in spot market costs 1,461 Turkish liras
Spot market electricity prices for Monday, June 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.4 million Turkish liras
21.06.2020
Electricity
Turkey's daily power consumption down 5.8% on June 20
- Turkey's electricity exports amount to 2,323 megawatt-hours, while imports total 12,036 megawatt-hours
21.06.2020
Electricity
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IEA lays out $3T global green recovery plan over 3 yrs
- A sustainable recovery from COVID-19 crisis could create millions of jobs while decreasing emissions, new report says
Spot market natural gas prices for Tuesday, June 16
- 1,000 cubic meters of natural gas in spot market costs 1,461 Turkish liras
17.06.2020
Natural Gas
Spot market electricity prices for Thursday, June 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 147.79 million Turkish liras
Turkey's daily power consumption up 3.5% on June 16
- Turkey's electricity exports amount to 1,908 megawatt-hours, while imports total 8,442 megawatt-hours
17.06.2020
Electricity
TANAP ramps up gas flow to Turkey in 2nd working year
- June 12 marks 2nd year of launch of Trans Anatolian Natural Gas Project while June 30 marks start of commercial deliveries
105 km of Trans Adriatic p/line offshore part completed
- Around 9,000 pipes were laid for the offshore section at depths of approximately 810 meters below sea level in Adriatic Sea
Fossil fuel profits could drop by $25T as demand falls
- Competition from clean technologies and tougher climate policies reduce value of fossil reserves, report finds
05.06.2020
Invesments
Renewables top cheapest coal competitors on cost: IRENA
- Competitive power generation costs make renewables more attractive as countries aim for COVID-19 recovery, new report finds
02.06.2020
Renewable
Turkey's gas consumption up by 2.9% in Q120
- Households constitute majority consumption of 7.9 billion cubic meters, data shows
Turkey's LNG imports surpass pipeline gas for 1st time
- US LNG shows biggest increase of 300% in Turkey's imports in March, according to EMRA's data
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Turkey's oil imports down 7.2% in March 2020
- Production of oil refinery products increases by 9% to 3 million tonnes in March 2020
COVID-19 to cause biggest global energy investment fall
- Global energy investments are expected to total $1.5 trillion this year marking a year-on-year drop of 20%, IEA report says
27.05.2020
Invesments
COVID-19 causes 17% drop in global carbon emissions
- Scientists warn governments need long-term policies and economic stimulus packages to curb emissions permanently
Turkey commissions 1st turbine of Ilisu Dam power plant
- First turbine of plant with 200 megawatts goes online, Turkey's energy minister says
Spot market electricity prices for Wednesday, May 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 141.41 million liras
Spot market natural gas prices for Sunday, May 17
- 1,000 cubic meters of natural gas in spot market costs 1,474 Turkish liras
Global gas demand to drop 2% in 2020 due to COVID-19
- Natural gas demand in world is expected to total close to 3,878 billion cubic meters this year, according to Rystad Energy
19.05.2020
Natural Gas
Turkey's daily power consumption up 5.6% on May 18
- Turkey's electricity exports amount to 4,158 megawatt-hours, while imports total 4,038 megawatt-hours
19.05.2020
Electricity
Oil prices up with demand signs
- Oil prices stand at $35.17 per barrel with demand recovery
19.05.2020
Oil
Spot market electricity prices for Thursday, May 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 129.80 million liras
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Spot market natural gas prices for Tuesday, May 12
- 1,000 cubic meters of natural gas in spot market costs 1,476 Turkish liras
13.05.2020
Natural Gas
Turkey's daily power consumption up 3.3% on May 12
- Turkey's electricity exports amount to 7,211 megawatt-hours, while imports total 6,162 megawatt-hours
Global emissions to see historic fall due to COVID-19
- Governments need to adjust more ambitious policies to make emissions drop permanent to combat climate change
Stimulus packages need to go green for better recovery
- Fossil fuel companies who lobby bailout from COVID-19 crisis could threaten fight against climate change, experts say
22.04.2020
Renewable
Turkey's daily power consumption up 2.6% on April 14
- Turkey's electricity exports amount to 5,998 megawatt-hours, while imports total 3,826 megawatt-hours on Tuesday
15.04.2020
Electricity
French fuel consumption down by 25% due to confinement
- Over last 10 days of March when full confinement began, unleaded premium fuel consumption drops by 80%, data shows
15.04.2020
Europe
Spot market natural gas prices for Saturday, April 11
- 1,000 cubic meters of natural gas in spot market costs 1,412 Turkish liras on Saturday
12.04.2020
Natural Gas
Spot market electricity prices for Monday, April 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 84.82 million Turkish liras
Turkey's daily power consumption down 16% on April 11
- Turkey's electricity exports amount to 7,111 megawatt-hours, while imports total 3,868 megawatt-hours on Saturday
12.04.2020
Electricity
Almost half of global coal plants to run at loss in 2020
- Biggest loss will be in China which plans to build 206 GW of new coal capacity, report reveals
09.04.2020
Coal