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U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. crude oil exports have been Europe, Asia, and Oceania. BPD, slightly surpassing exports to Asia and Oceania, which stood at 1.7 As the shale oil boom rapidly expanded U.S.

Oceania 78
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Why Build a Power Plant if You Can Make a Virtual One?

GreenTechMedia

But with carbon emissions out of fashion and growing levels of demand response and distributed renewables on the grid, virtual power plants are stepping in to replace those central generators. Areas with growing electricity demand may require new power plants, even if some of it can be supplanted by distributed generation.

Demand 130
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Rethinking the energy grid: The evolution of mission-critical power

Smart Energy International

The COVID-19 pandemic has brought on a new age of growth for digital transformation, and the world’s reliance on the internet will only continue to rise, writes Jimmy Yam, Vice President of East Asia for Eaton. Jimmy Yam is Vice President, East Asia. And with IDC forecasting a 17.5% Image: Eaton. ABOUT THE AUTHOR.

Energy 105
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IRENA: Global renewables capacity grows a record 9.6 per cent

Business Green

The performance was driven by significant growth in Asia where 141GW of new capacity was added in China alone, helping to take Asia's total renewables capacity to 1.63TW of capacity. Moreover, Oceania saw 5.2GW of new capacity come online and South America continued an upward trend with 18.2GW of capacity added. "But

Oceania 36
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Keeping 1.5C alive: Is COP26 on track to deliver on its goals?

Business Green

Whether or not the move indicates a softening of China's long term support for decarbonisation is contested, but it has highlighted how the transition away from fossil fuels is likely to lead to significant price volatility and energy security concerns, as economies battle to match supply and demand. Known unknowns.