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2020: Europe's Energy Transition in 5 Trends


With 2030 climate targets up for renewal, a new set of European commissioners in place, and the post-Brexit relationship to negotiate, this year was always going to be a big one for Europe’s energy transition. Here s an outline of the most important trends of 2020, starting with the emergence of a green hope from the disaster of the coronavirus pandemic. 
The Green Deal turned into a green recovery
The prospect of a European Green Deal emerged in the manifesto of sorts presented by the then European Commission President-elect Ursula von der Leyen. The former German defense minister, a longstanding presence in Chancellor Merkel’s cabinet, was nominated without ever campaigning. With no agreement among European leaders on the candidates that did step forward, von der Leyen’s vision for Europe came a year after the campaigning was over. The Green Deal had top billing. ....

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Oil Market Predictions for 2021


Strong oil demand growth will lift prices next year.
That’s one of several oil and gas market predictions for 2021 made by Wood Mackenzie analysts, which were released in an opinion piece posted on the company’s website recently.
The price prediction, which was made by Wood Mackenzie’s head of macro oils, Ann-Louise Hittle, outlined that Wood Mackenzie expects coronavirus related shutdowns to start easing in the first quarter of next year and that the company is forecasting a world oil demand increase of 6.6 million barrels per day, year on year, in 2021.
“Already, China has seen oil demand strengthen this quarter to levels higher than the same period of 2019,” Hittle said in a company statement. ....

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