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US gas generation down through April: EIA

Increased renewables, higher prices contributed to decline ....

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British wind drops, gas covers 54% of generation

May 14, 2021 11:43:am
Summary
by: William Powell
With ambient temperature around 11° C in southeast England, and with almost no wind, gas-fired generation was meeting 54% of British electricity supply at midday May 14, acco.
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China's focus on self-sufficiency will not hold back LNG demand [Gas in Transition]

China’s focus on self-sufficiency will not hold back LNG demand [Gas in Transition]
May 4, 2021 5:15:am
Summary
The focus of China’s 14th Five-Year Plan is self sufficiency with an implied short-term increase in coal use and a major effort to boost domestic gas production, alongside rapidly expanding renewables and nuclear capacity in electricity generation. Yet even as gas imports along the new Power of Siberia ramp up, China’s demand for LNG is expected to grow fast. Projections of 80-110bn m3/year by 2025 could well prove low, given LNG’s flexibility in meeting demand variations, possible shortfalls in targeted domestic gas output and gradual liberalisation of the gas market. [Gas in Transition, Volume 1, Issue 1] ....

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Gas, coal bounce back from 2020: IEA

Apr 20, 2021 7:00:am
Summary
by: William Powell
Among fossil fuels, natural gas is likely to see the biggest rise in demand this year relative to 2019, by 1%, the International Energy Agency (IEA) said in its April 20 report, Global Energy Review 2021. Demand is set to grow by 3.2% year on year in 2021, propelled by Asia, the Middle East and Russia. Last year it pushed ou.
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Italy's ERG Eyes $1bn Sale of Gas, Hydro Plants: Press

Italy s ERG Eyes $1bn Sale of Gas, Hydro Plants: Press
Mar 12, 2021 8:05:am
Summary
by: Joe Murphy
Posted in:
Italy s ERG Eyes $1bn Sale of Gas, Hydro Plants: Press
Italian power company ERG has launched the sale of its hydroelectric and gas-fired power assets valued at up to €1.3bn ($1.6bn), Reuters reported on March 9 citing sources.
The sale has attracted interest from funds including Ardian and utilities including Engie, Enel, A2A and Dolomiti Energie, according to the news agency. ERG is looking to raise capital through the sale for reinvesting in its solar and wind businesses abroad and maintaining its credit stability. It is not yet decided whether the company will divest the assets separately or as a package. ....

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