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US oil rig count up by 6 for week ending Nov. 26
- Number of US oil rigs rise by 266 compared to one year ago
Spot market electricity prices for Friday, Nov. 26
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 460.24 million Turkish liras
Spot market natural gas prices for Wednesday, Nov. 24
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
Turkey's daily power consumption up 2.6% on Nov. 24
- Electricity exports amount to 11,003 megawatt-hours and imports total 8,432 megawatt-hours
Germany's E.ON to invest €27 billion for energy transition up to 2026
- Decarbonization of Europe's economies places energy industry at threshold of key decade of growth, company CEO says
Spot market natural gas prices for Saturday, Nov. 20
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
Spot market electricity prices for Monday, Nov. 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 472.18 million Turkish liras
Turkey's daily power consumption down 3.6% on Nov. 20
- Electricity exports amount to 12,641 megawatt-hours and imports total 10,845 megawatt-hours
Spot market electricity prices for Sunday, Nov. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 397.93 million Turkish liras
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Spot market natural gas prices for Friday, Nov. 19
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
US oil rig count up by 7 for week ending Nov. 19
- Number of US oil rigs rise by 230 compared to one year ago
33 countries to boost transition in transportation to reach net zero emissions
- Governments to work towards new cars and vans sales being zero emission by 2040 or earlier
10.11.2021
Electricity
Countries to fund UN Climate Technology Center and Network
- Member States discuss expansion of international technology collaboration to implement Article 10 of Paris Agreement
Paris Agreement to come into effect in Turkey on Nov. 10
- Turkey will determine net zero roadmap in fighting against climate change and update its national contribution statements
Turkey, Tajikistan in preparations for environmental cooperation agreement
- Zero waste and environmental projects on agenda between Turkey and Tajikistan
Good climate action intentions in COP26 need to be backed by results
- Political leadership is essential ingredient to ensure COP delivers on people's demands
EBRD commits to around €1.5B for Turkey this year with half for green financing
- Bank to provide first new landmark, externally verified green loan of €150 million for Turkish manufacturing sector
Without emissions trading system, EU partners will be subject to carbon border adjustment
- EU encourages trading partners to be careful that energy production and consumption are not carbon intensive
Around $4B in public sector investments will be used for agricultural improvements
- Countries will set out their commitment to transform agriculture, food systems through policy to protect nature
06.11.2021
World
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Richest 1% emit carbon emissions 30 times more than level for 1.5°C limit by 2030
- To achieve 1.5°C climate goal, every person on earth would need to emit an average of just 2.3 tons of CO2 per year by 2030
End of coal in sight with more countries' commitments: COP26 Presidency
- Around 23 countries, including five of the world's top coal-consuming countries, made commitments for the first time to phase-out coal power
Four developing countries start coal transition with $2.5B CIF finance
- South Africa, India, Indonesia, and the Philippines have been selected as the first beneficiaries of the initiative
Global carbon emissions rapidly rebound close to pre-COVID levels
- Carbon emissions dropped by 5.4% in 2020 amid COVID lockdowns, but report projects an increase of 4.9% this year
UAE, IRENA launch $1B Global Finance Platform to accelerate clean energy
- UAE commits $400M in funding through Abu Dhabi Fund for Development towards goal of securing minimum $1B in total funding
Over 40 countries sign plan to deliver clean and affordable tech. by 2030
- First five goals of UK-led Glasgow Breakthrough Agenda focuses on power, road transport, steel, hydrogen and agriculture
Over 100 countries commit to cut methane emissions by 30% by 2030
- Committing countries account for around 46% of global methane emissions and at least 60% of global GDP
Turkey's coal exit by 2030 could reduce power sector emission by 82.8%
- Carbon pricing mechanism and savings on cancelling coal subsidies would help finance clean transition for Turkey
Turkey discovers 60 million barrels of oil equivalent reserves in 2021
- Turkey's natural gas consumption is expected to increase by 22% this year, Donmez says