ENERGY

Authored by Gail Tverberg via Our Finite World blog,

• Analysis of 2023 Statistical Review of World Energy data shows constrained global supplies of fossil fuels like oil, coal, and natural gas, particularly in inter-regional trading.

• Constraints in supply are affecting energy prices, making them highly variable and less affordable for consumers, thereby affecting the global economy, including industries like manufacturing.

• The cost-intensive infrastructure (more…)

Authored by Thomas Brooke via Remix News,

Despite closing its nuclear power plants to focus on renewable energy production, more than a fifth of imported electricity last month was produced from nuclear power…

Germany is importing more electricity than ever before after purchasing a record 6,505 gigawatt hours from abroad in August, according to the Federal Network Agency.

The federal government has replaced much of the electricity produced by its recently closed (more…)

Authored by Irina Slav via OilPrice.com,

Chevron has resorted to mediation talks with the unions representing its workers at the Gorgon and Wheatstone LNG projects in the latest attempt to avert a strike.

If the talks fail, industrial action is set to begin as soon as this week.

Reuters reports that the talks begin today, to be hosted by an official from the Australian Fair Work Commission. They will continue throughout the week.

The report notes Chevron reached (more…)