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Germany has EU's highest power bill in 1H21
- Netherlands consumed the most expensive natural gas at €9.61 per 100 kilowatt-hours
Spot market electricity prices for Thursday, Oct. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 505.7 million Turkish liras
G7 countries well placed to fully decarbonize power supply by 2035: IEA
- G7 countries currently account for about 40% of global economy and 25% of global energy-related carbon dioxide emissions
Europe's gas storage levels fall by over 20% in Jan-Sept.
- Country with most gas in its storage is Italy with 17.6 billion cubic meters, according to official data
Turkey's daily power consumption up 3.07% on Oct. 19
- Electricity exports amount to 12,671 megawatt-hours and imports total 11,720 megawatt-hours
Spot market electricity prices for Wednesday, Oct. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 433.09 million Turkish liras
Turkey's daily power consumption up 13.5% on Oct. 18
- Electricity exports amount to 12,834 megawatt-hours and imports total 11,592 megawatt-hours
Europe turning to nuclear power amid global energy price increase
- EU Commission due to announce its final list of green investments in a few months
Spot market electricity prices for Tuesday, Oct. 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 316.58 million Turkish liras
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Turkey's daily power consumption down 9.4% on Oct. 17
- Electricity exports amount to 16,237 megawatt-hours and imports total 15,112 megawatt-hours
Spot market natural gas prices for Saturday, Oct. 16
- 1,000 cubic meters of natural gas on spot market costs 3,223 Turkish liras
Spot market electricity prices for Sunday, Oct. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 446.96 million Turkish liras
Turkey's daily power consumption down 4.5% on Oct. 16
- Electricity exports amount to 14,761 megawatt-hours and imports total 14,323 megawatt-hours
Power prices surge by 150% in European markets and 75% in Turkish market
- Record natural gas and coal prices in Europe due to energy crisis also hit power markets
Spot market electricity prices for Saturday, Oct. 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 306.8 million Turkish liras
Turkey's daily power consumption up 0.12% on Oct. 15
- Electricity exports amount to 14,625 megawatt-hours, while imports total 11,467 megawatt-hours
US oil rig count up by 12 for week ending Oct. 15
- Number of US oil rigs rise by 240 compared to one year ago
Spot market natural gas prices for Thursday, Oct. 14
- 1,000 cubic meters of natural gas on spot market costs 2,982 Turkish liras
Spot market electricity prices for Saturday, Oct. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 324.9 million Turkish liras
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New France-led 'nuclear alliance' in Europe could lead to conflict
- France, with largest nuclear capacity in Europe, is boosting investments in nuclear amid energy crunch on continent
Subsea 7-Schlumberger consortium wins major contract offshore Turkey
- Project management/engineering for Sakarya gas field development will be managed from Subsea 7 office in Istanbul, Turkey
Turkey's daily power consumption down 0.35% on Oct. 14
- Electricity exports amount to 13,382 megawatt-hours, while imports total 9,854 megawatt-hours
Turkey signs new gas supply deal with Azerbaijan: Energy Minister
- Turkey makes progress in securing additional natural gas supplies ahead of anticipated increase in winter, says Minister
Spot market natural gas prices for Wednesday, Oct. 13
- 1,000 cubic meters of natural gas on spot market costs 3,103 Turkish liras
Spot market electricity prices for Friday, Oct. 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 341.74 million Turkish liras
IEA 2021/2022 oil demand forecast up from global switch to oil from coal, gas
- Supply crunch is impacting power generation plants, fertilizer producers, manufacturing operations and refineries, says IEA
Oil prices up as declining US fuel stocks signal rising demand
- Crude demand and prices rise as power generators switch from natural gas to oil
Net zero emissions by 2050 will require up to six-times more minerals
- Lithium is estimated to see fastest growth with demand up over 100 times from current level through to 2050, IEA says