Aenert news. Energy CompaniesThe second quarter of each year is a good time for solar power, when generation in the most populated northern hemisphere increases sharply after short, cloudy winter days. According to our calculations from the Ember analytical center database, global electricity demand in 2024Q2 was approximately 7,095 TWh, which is 4.5% more than in the same period last year. The...
Aenert news. Energy CompaniesWind power continues to expand quite confidently in the global electricity market despite the very difficult financial situation of many companies. According to statistics from the Ember analytical center, in the second quarter of 2024, the global demand for electricity amounted to 7093 TWh, which is 4.5% more than in the same period last year. At the same time,...
Aenert news. Energy CompaniesCanada has huge oil reserves, the volume of which exceeds 160 billion barrels. However, the basis of these reserves is oil sands. At the same time, to obtain oil of traditional quality from this raw material, special expensive technologies are required. This significantly increases operating costs compared to the extraction of traditional oil. Therefore, the...
Aenert news. Energy CompaniesWe continue to monitor the activities of several automobile companies specializing in the production of various types of electric vehicles. Among them, Tesla stands out first and foremost for its power and determination. This company remains the undisputed world leader in electric vehicle manufacturing. Li Auto is a young Chinese brand that makes extended-range...
Aenert news. Energy CompaniesU.S. crude oil and natural gas production remained relatively strong in 2024Q2, although they did not exceed last year’s peak. According to the U.S. Energy Information Administration’s Short-Term Energy Outlook-August 2024, oil production in the second quarter of this year was 13.2 million barrels per day, up 2% from the previous quarter and nearly 3.5% from a year...
Aenert news. Energy CompaniesHalliburton, Schlumberger and Baker Hughes released their second-quarter financial statements in July. Below is a brief excerpt from those materials. Each of them specializes mainly in the development of highly efficient technologies and equipment for oil and gas exploration and production, decarbonization of the industry, as well as ensuring a sustainable energy...
Aenert news. Energy CompaniesThe past year ended with another benefit for the production of electric vehicles. During the year, more than 14 million Battery Electric Vehicles and Plug-in Hybrids were produced worldwide, and their increase compared to last year was 35%. And although this is noticeably less than in 2021 and 2022, it made it possible to increase the share of electric vehicles on...
Aenert news. Energy CompaniesSolar energy is increasingly taking a leading position in new electricity generation. For example, it is expected that in the United States, 60% of newly built electricity production capacity in 2024 will be provided by solar installations. By the end of the last year, global PV solar capacity reached nearly 1.5 TW. Over the last decade, cumulative global capacity...
Aenert news. Energy CompaniesThe first half of this year has seen a number of impressive advances in wind energy, both from a technical perspective and in terms of growth in electricity generation. First of all, it is necessary to mention the ongoing race to build giant offshore wind turbines. The undisputed leader in this process is China, where a wind generator with a capacity of 18 MW with a...
Aenert news. Energy CompaniesCanada has immense oil reserves, with volumes well over 160 billion barrels. However, more than 95% of this volume comes from oil sands, which are a special type of unconventional oil that are the extremely difficult to extract and further refine. Canada is the absolute leader in the extraction and processing of oil sands, successfully competing with other...
