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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Natural gas and coal demand stayed nearly flat with oil rebounding close to pre-pandemic levels. Renewable power (excluding hydro) grew 14% in 2022, slightly below the previous year’s growth rate of 16%.

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Highlights From The BP Statistical Review Of World Energy 2021

R-Squared Energy

Small declines were also reported in coal, natural gas, and nuclear consumption, while renewables and hydropower recorded gains. The remainder of global energy consumption came from coal (27.2%), natural gas (24.7%), hydropower (6.9%), renewables (5.7%), and nuclear power (4.3%). Natural Gas.

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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

The primary culprits behind coal’s decline are competition from cheap natural gas brought on by the shale gas boom in the U.S., But the natural gas and subsequent oil boom were victims of their own success. Global oil demand fell by as much as 30 million BPD, followed by gas and coal demand.

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Climate Sceptic Goes Unchallenged on BBC’s Today Programme

DeSmogBlog

Wind Power ‘Blackout’ Risk Porter told BBC Radio 4 listeners in the interview: “There were risks around blackouts this winter. The claim plays on the idea, often promoted by opponents of climate action, that renewable energy from wind and solar power is unreliable.

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The Top Energy Stories Of 2021

R-Squared Energy

That’s a recipe for higher oil prices, and subsequently higher gasoline and natural gas prices. Consumers saw that, as gasoline prices rose to their highest levels since 2014. Europe’s natural gas crisis. If you live in Europe, this was probably your top energy story of the year.

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Pipeline Politics Hits Multipolar Realities: Nord Stream 2 and the Ukraine Crisis

DeSmogBlog

Since the 1960s when Europe first began importing Russian gas, Washington perceived Russian energy as a threat to U.S. leadership and Europe’s energy security. More recently, with fracking, the United States has become the world’s largest gas producer and a major exporter of liquefied natural gas (LNG).

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Big Oil’s Been Secretly Validating Critics’ Concerns about Carbon Capture

DeSmogBlog

The carbon dioxide then is compressed and transported to sites where it is either stored underground, injected into oil and gas deposits for enhanced oil recovery, or used for a limited number of other applications such as beverage carbonation. A natural gas demonstration plant in Texas tests carbon capture technology.

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