Page 6 - Weak Demand News Today

As temperatures skyrocketed into triple digits across Texas on Tuesday, ERCOT asked residents to voluntarily conserve power due to forecasted record demand. No emergency status was issued, but the electric customers aren't in the clear just yet. Over the past week, ERCOT had declared a "weather watch," which warns of possible significant weather and a high demand for electricity, in the face of a heat dome that has been driving up temperatures across the majority of Texas. Stress ...

The demand which could not be met, also knows as the peak demand deficit, stood at 548 megawatts (MW) on June 8

Gas-based power plants have played a crucial role this summer to meet Indias electricity demand in the non-solar hours.

Kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.

Oil majors have reduced their research and development budgets, a worrying sign for oil sector efficiency.

India will continue to expand its coal production capacity by opening new mines and enhancing the existing ones, Amrit Lal Meena, coal secretary, said.

The coal stocks situation is “manageable”, as of now, data accessed by Moneycontrol shows. Of the 165 domestic coal-based thermal power plants in the country, 35 had critical stocks. About 33 million tonnes (MT) of coal are stocked at thermal power plants as on May 3.

Minnesota-based 3M, which makes electronic displays for smartphones and tablets, will cut some 6,000 staff globally in a second round of lay-offs this year

Technip Energies has been awarded a contract by Shaanxi LNG Reserves & Logistics Co. Ltd for the 3 million m3/d Xi'An LNG Emergency Reserve & Peak Regulation Project in China.

This is a roundup of China's metals weekly inventory as of March 3.