EnerBase
EnerBase describes a world in which existing policies and historical trends are continued without any further climate ambition. The lack of support for GHG emission mitigation affects entire energy systems over a long period, with increasing energy demand and limited fuel diversification. This scenario leads to a temperature rise above 3°C.
EnerBlue
EnerBlue is based on the successful achievement of NDCs (Nationally Determined Contributions) and other national pledges for 2030, as well as a continuation of consistent efforts post 2030. Sustained growth in emerging countries is a powerful driver of global energy demand, but policies play a key role in controlling the pace of growth. This scenario leads to a global temperature rise of around 2.5°C.
EnerGreen
EnerGreen explores the implications of more stringent climate policies, with countries fulfilling or overachieving their NDC commitments and then regularly revising their emissions goals. These changes lead to significant improvements in energy efficiency and a strong deployment of renewables. In this cleaner trajectory, global temperature increase is limited to well below 2 °C.
16
Nov
The French energy regulator, Commission de Régulation de l’Energie (CRE), has calculated the complete production cost of France’s existing nuclear fleet, taking into account several cost components, over the period 2026-2040. The full cost of existing nuclear power calculated by the CRE amounts to respectively €60.7/MWh over the period 2026-2030, €59.1/MWh over 2031-2035, and €57.3/MWh over 2036-2040 (in 2022 euros).
15
Nov
The US Energy Information Administration (EIA) forecasts that North America’s LNG export capacity will expand from 11.4 bcf/d (118 bcm/year) in 2023 to 24.3 bcf/d (251 bcm/year) in 2027, as Mexico and Canada commission their first LNG export terminals and the United States adds to its existing LNG capacity. By the end of 2027, the EIA estimates that LNG export capacity will grow by 1.1 bcf/d (11.4 bcm/year) in Mexico, 2.1 bcf/d (21.7 bcm/year) in Canada, and 9.7 bcf/d (100.3 bcm/year) in the United States, from a total of 10 new projects across the three countries.
06
Nov
Germany’s Working Group on Energy Balances (AG EnergieBilanzen, AGEB) expects energy consumption in Germany to fall to a record low in 2023. The group forecasts a decline of consumption of around 8% in 2023. The forecast also indicates that consumption would be almost 28% below Germany’s consumption peak in 1990. This would reduce Germany's energy-related CO2 emissions by nearly 11%.
26
Sep
The Russian Ministry of Economic Development has cut its price forecast for its natural gas and oil exports outside the ex-Soviet Union countries from 2024 to 2026. Russia’s gas exports to countries outside the ex-Soviet Union are now forecasted at US$434.6/1,000m3 in 2023, at US$321.7/1,000m3 in 2024 (-21% compared to previous forecast), US$308.3/1,000m3 in 2025 (-17%) and US$296/1,000m3 in 2026 (-13%).
