Increasing concerns over energy security and climate change will mobilize record levels of new capacity to generate renewable energy in 2022, according to the International Energy Agency’s forecasts.

The IEA estimates that 320 gigawatts will be in effect this year, up from the previous record of 295 gigawatts in 2021. This figure is equivalent to the total annual demand of Germany, Europe’s largest economy. With the growth of solar power in China and Europe, additions last year exceeded expectations the Paris-based agency outlined in a new report on renewable sources.

IEA Expects Record Renewable Growth Despite Cost, Supply Problems | Devamı>>>

Asia liquefied natural gas (LNG) spot prices hit a record high of more than $59 per million British thermal units (mmBtu), tracking a surge in European gas prices on concern over tight supply after Russia’s invasion of Ukraine.

Price agency S&P Global Commodity Insights‘ Japan-Korea-Marker (JKM), which is widely used as a spot benchmark in the region, climbed to $59.672 per mmBtu on Thursday, data showed.

Its previous record was set in October 2021 when it hit $56.326/MMBtu.

Asia LNG Spot Prices Hit Record High, S&P Data Shows | Devamı>>>

China is now fully part of the global energy trading system, regularly importing more than 9m barrels a day of oil and a rapidly growing amount of natural gas. But Beijing faces an American assertion of power that threatens to disrupt the current pattern of trade, not least in energy. The Chinese reaction could reshape markets we take for granted.

The first American action is direct: a war of competing tariffs on trade between the US and China.

Is China About to Change the Global Oil Trade? | Devamı>>>

Energy storage company 1414 Degrees switched on its gas thermal energy storage system (TESS) at the Glenelg Wastewater Treatment Plant in Adelaide today, its first commercial pilot site. The company says the technology is the first in the world to solve the issue of effectively storing biogas as thermal energy to produce heat and electricity on demand.

TESS technology takes gas or electricity from any source and stores it as latent heat in silicon which melts at 1414°C.

Biogas Energy Storage System Launches at Wastewater Plant | Devamı>>>

In March 2019 begins on the territory of Serbia the construction of the gas pipeline that will connect with the Turkish stream pipeline. Serbia’s Public Gas Corporation (SrbijaGas) Director Dushan Bajatovic said work on the construction of the pipeline from the Bulgarian to the Hungarian border will begin in the first half of March in 2019 and will be completed by 2020.

The section of the pipeline across Serbia will be 403 kilometers long and will cost about 1.8 billion euros.

Expansion of Turkish Stream to Serbia | Devamı>>>

Oil and gas pipelines in Turkey, will be protected by a newly developed integrated security systems. Critical points against terrorism, sabotage and theft will be followed by 7/24 with indigenous UAVs and closed circuit camera subsystems.

BOTAŞ’s critical pipelines will now be protected by the newly developed integrated security system and the field applications of the Safety of Oil and Natural Gas Pipelines Project have started with an agreement in Silopi with Aselsan-Havelsan joint venture.

Oil and Gas Pipelines in Turkey to Protect Unmanned Aerial Vehicles | Devamı>>>