https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/052026-strait-of-hormuz-closure-may-trigger-severe-food-price-crisis-faoThe Strait of Hormuz closure could trigger a "severe" global food price crisis in the next six to 12 months, the UN Food and Agriculture Organization said in a statement May 20. The Strait of Hormuz, a critical artery for global energy and fertilizer trade, handles about 30% of global urea exports and significant volumes of ammonia and phosphates, making it a key chokepoint for agricultural20 May 2026 13:51:00 GMTSampad NandySamyak Pandey ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/03/us-israel-iran-war-provokes-shipping-lane-shiftsGlobal supply networks may feel the impact through a mixture of energy market disruptions, airfreight challenges and container freight shipping network interruptions.03 March 2026 17:10:00 GMTInes NastaliChris RogersVania Alvarez MurakamiEric Oakhttps://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/hormuz-closure-project-logistics-supply-chainThe near-total closure of the Strait of Hormuz amid the war in the Middle East will haunt global breakbulk and project markets, experts say.24 April 2026 12:00:00 GMTCarly Fieldshttps://www.spglobal.com/market-intelligence/en/news-insights/research/2026/02/red-sea-shipping-reopensRed Sea shipping resumes amid reduced Houthi attacks, but renewed threats create uncertainty for shippers. Capacity increases may impact freight rates.20 February 2026 14:10:00 GMTInes Nastalihttps://www.spglobal.com/energy/en/news-research/podcasts/energy-evolution/051926-how-the-war-in-iran-is-accelerating-asias-energy-transformationIn this episode, host Eklavya Gupte explores how the war in the Middle East has exposed Asia's deep reliance on fossil fuels while also accelerating the region's energy transition. Ruchira Singh, energy transition editor at Platts, part of S&P Global Energy, speaks with Nobuo Tanaka, chair of the steering committee at the Innovation for Cool Earth Forum and former executive director of the19 May 2026 16:36:12 GMTEklavya GupteRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/metals/051526-world-steel-review-cbams-article-6-embrace-comes-with-strings-and-forms-attachedThe European Commission's draft rules on recognizing third-country carbon pricing under the bloc's Carbon Border Adjustment Mechanism represent a pragmatic but tightly controlled opening that could accelerate investment in Article 6 of the Paris Agreement while creating new compliance challenges. The widely anticipated implementing regulation, published May 13 and open for consultation until June15 May 2026 17:34:38 GMTStaff ]]>https://www.spglobal.com/energy/en/news-research/blog/energy-transition/052026-et-highlights-hormuz-electrification-article-six-cmab-singapore-carbonEnergy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to storage to carbon prices.19 May 2026 20:05:00 GMTStaff https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051826-ecosperity-week-iea-urges-balanced-transition-credits-for-early-southeast-asia-coal-exitsTransition credits must strike a balance between power system reliability and carbon credit integrity to enable early coal plant retirements in Southeast Asia, where relatively young coal fleets are crucial for energy security, the International Energy Agency said in a report released May 15 at GenZero's Ecosperity Week 2026 event in Singapore. The report, "Financing the Modernization of Power18 May 2026 14:57:54 GMTHimanshu Chauhan ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/05/the-most-wanted-exposure-lp-allocation-intent-and-unicorn-ai-deal-concentration-in-private-marketsCapital continues to flow decisively toward artificial intelligence (AI), with limited partners (LPs) signaling stronger allocation intent to the AI theme than to any other across private markets. 05 May 2026 04:00:00 GMTIlja HauerhofDaniel J. Sandberghttps://www.spglobal.com/ratings/en/regulatory/article/double-whammy-hits-global-auto-volumes-s101685388This report does not constitute a rating action. Chart 1 Tough market conditions in China and U.S. tariffs have left a mark on the global auto industry. Both weigh on an already subdued outlook for 2026. As a result of the Middle East war, we have revised our volume forecasts (see table 1). While our ratings are unaffected for now, the auto industry remains on edge, as competitive pressures and high supply chain costs coincide with mounting inflation-driven demand risk. Trade tariffs and intensi19 May 2026 14:08:51 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051826-xpansiv-ramps-up-hourly-energy-matching-as-tech-giants-demand-stricter-rulesRenewable marketplace and infrastructure provider Xpansiv is ramping up solutions for hourly matching in energy certifications, as it sees growing demand for stricter rules of origin from tech companies and other end users. "Some companies are seriously thinking about hourly matching of energy consumption and certificates, and generators want to be able to serve these customers," senior vice18 May 2026 18:23:11 GMTFelipe PeroniSidney Dumars ]]>https://www.spglobal.com/market-intelligence/en/news-insights/research/2026/04/oil-price-shocks-are-testing-resilience-across-methodologies-among-sp-smallcap-600-indicesThe war in the Middle East and the subsequent surge in oil prices have been key drivers of volatility across U.S equity segments as inflation expectations risk de-anchoring. 09 April 2026 06:30:00 GMTPatricia Medinahttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/051326-1250-mw-chpe-transmission-line-into-nyc-reaches-commercial-operation-earlyThe 1,250-megawatt Champlain Hudson Power Express transmission line reached its commercial operational date on May 13, making it officially available for scheduling transactions. The line can supply roughly 20% of New York City's power demand at full capacity. "The good news is that because we finished testing early, we are able to participate in the May energy market, which is great for New York13 May 2026 18:52:04 GMTJared Anderson ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051426-interview-hydrogen-push-should-not-lose-momentum-once-energy-crisis-cools---hydrogen-association-of-indiaGeopolitical tensions in the Middle East and the resulting volatility in energy markets have given renewed urgency to global conversations around energy security and alternative fuels. While fluctuations in crude oil prices may temporarily influence investment priorities, experts at Hydrogen Association of India believe the global hydrogen transition is being driven by much deeper structural14 May 2026 12:55:21 GMTDonavan Lim ]]>https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/051826-india-eu-eye-collaboration-to-build-energy-supply-chains-port-infrastructure-modiIndia is accelerating efforts to build resilient energy supply chains by collaborating with global partners to soften the blow from geopolitical conflicts and the energy crisis that are threatening economies across the globe, Indian Prime Minister Narendra Modi said May 16. "First came COVID-19, and then came wars, and now an energy crisis. This is turning out to be a decade of disasters. If18 May 2026 01:55:35 GMTSambit Mohanty ]]>https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/051526-singapore-airlines-warns-full-impact-of-middle-east-fuel-shock-still-to-comeSingapore Airlines Group has warned that the full impact of the Middle East fuel shock will weigh on its earnings in the next financial year, as elevated jet fuel prices are billed on a delayed basis and broader macroeconomic conditions could affect demand amid a prolonged crisis. The remarks come even as SIA posted strong FY2025/26 results for the year ended March 31, when its fuel hedging15 May 2026 09:46:46 GMTMia PeiShu ling Lee ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051526-cbams-article-6-embrace-comes-with-strings-and-forms-attachedThe European Commission's draft rules on recognizing third-country carbon pricing under the bloc's Carbon Border Adjustment Mechanism represent a pragmatic but tightly controlled opening that could accelerate investment in Article 6 of the Paris Agreement while creating new compliance challenges. The widely anticipated implementing regulation, published May 13 and open for consultation until June15 May 2026 12:00:34 GMTEklavya GupteIrina BreileanBen Carding ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051526-japans-idemitsu-invests-in-us-carbon-removal-firm-crewJapan's Idemitsu Kosan has invested in US-based CREW Carbon through its corporate venture capital arm, the Japanese refiner said May 15, as the companies explore deploying carbon dioxide removal technology at wastewater treatment facilities globally. The collaboration will investigate using CREW's Wastewater Alkalinity Enhancement technology at facilities in Japan and other Joint Crediting15 May 2026 05:14:47 GMTRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051426-hormuz-crisis-exposes-structural-energy-flaw-pushes-electrification-case-etcThe closure of the Strait of Hormuz triggered a historic disruption to fossil fuel supplies, and should accelerate clean energy deployment, with governments and markets responding to disrupted oil and liquefied natural gas flows by fast-tracking renewable electricity, electric vehicles and heat pumps rather than locking in new fossil fuel infrastructure, the Energy Transitions Commission said in a14 May 2026 23:10:12 GMTJames Burgess ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051126-kawasaki-mb-energy-daimler-truck-sign-up-for-liquid-hydrogen-supply-chain-in-europeKawasaki Heavy Industries, MB Energy and Daimler Truck have signed a joint development agreement to establish a liquid hydrogen supply chain to Europe via the Port of Hamburg, targeting commercial operation by the early 2030s, the companies said May 11. The agreement, which expands upon an existing memorandum of understanding for a Japan-Germany hydrogen supply chain, will leverage the companies'11 May 2026 11:52:44 GMTRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051326-australia-shortlists-renewable-hydrogen-projects-for-funding-amid-budget-cutsThe Australian Renewable Energy Agency has shortlisted seven renewable hydrogen projects for the second round of the Hydrogen Headstart program, according to a May 13 announcement, a day after spending cuts to the flagship initiative. ARENA has invited the projects to submit full applications for funding from the program, which received a revised allocation of A$1 billion ($660 million) in the13 May 2026 06:44:53 GMTRuchira Singh ]]>https://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/060324-interactive-platts-global-bunker-fuel-cost-calculatorThe Platts global bunker fuel cost calculator shows how Platts price assessments for methanol, ammonia, LNG, bioblends and conventional oil-based fuels can be used to calculate the cost of marine fuels around the world, taking into account the EU Emissions Trading System and adjusted for energy density to put them on an equal footing.14 May 2026 13:30:00 GMTMax LinRowan Staden-CoatsAbhishek AnupamSophie ByronEsther NgMegan GildeaSantiago Canel Soriahttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/120121-gas-rally-to-have-enduring-effect-on-european-power-beyond-near-term-platts-analyticsEuropean power prices are forecast to ease from current record levels starting in 2023, but the current rally in gas will have enduring effects on the forward curve, according to S&P Global Platts Ana01 December 2021 09:58:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/podcasts/oil-markets/012921-asia-cold-spell-fuel-oil-crude-lng-demandThis episode examines the impact of a cold spell in Asia on fuel oil, crude, and LNG demand, highlighting market responses. Learn more.29 January 2021 12:55:00 GMTEric YepAndre LambineTakeo KumagaiRajesh Nairhttps://www.spglobal.com/market-intelligence/en/news-insights/research/european-energy-insights-october-2021European Energy Insights October 2021 covers energy market trends, pricing dynamics, and regional supply-demand conditions.10 November 2021 18:30:00 GMT Learn more about Market Intelligence Request Demo ]]>https://www.spglobal.com/energy/en/news-research/latest-news/coal/032321-australia-flooding-tightens-regional-thermal-coal-supply-supports-pricesFlooding in eastern Australia tightens thermal coal supply, bolstering prices as mining operations and supply chains face significant disruptions.23 March 2021 11:46:00 GMTNeka LiauJessie LiWeng Yi-LeCarina Li and Eric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/033122-geopolitical-risk-dominates-outlook-for-europes-energy-carbon-markets-in-q2Gas one incident away from fresh spikes Low nuclear, hydro weaken power resilience Demand downside risk for carbon market Already dazed from months of extreme volatility, Europe's energy markets enter31 March 2022 13:42:00 GMTStuart ElliottAndreas FrankeFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/080521-german-gas-generation-falls-35-coal-rebounds-as-margins-divergeGerman gas fired power generation fell in July as record high European gas hub prices further eroded margins, while hard coal generation almost exceeded gas fired generation and lignite topped the Ger05 August 2021 15:29:00 GMTThomas SchumacherNeil HunterAndreas Frankehttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/043026-indias-power-and-renewables-market-demand-stalls-capacity-risesIndia's power sector reached a turning point in fiscal year 2025-26 (April 2025-March 2026), as record renewable capacity additions of 51 GW coincided with the first annual contraction in electricity demand since the pandemic. 30 April 2026 06:58:38 GMTGautam Sood and Md. Jawed Alam ]]>https://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/102621-updated-climate-commitments-still-falling-short-of-global-temperature-goals-unepNew and updated climate commitments from governments still fall short of the effort needed to reach the goals of the Paris Agreement on climate change, the United Nations Environment Program said in a26 October 2021 14:42:00 GMTFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/agriculture/021722-crude-benchmarks-continue-to-rise-on-ukraine-russia-tensionsCrude price benchmarks climbed Feb. 16, with Dated Brent rising above $100/b, supported by continued tensions along the Ukrainian border.17 February 2022 00:12:00 GMTStaff and Eric Yephttps://www.spglobal.com/market-intelligence/en/news-insights/research/essential-energy-insights-october-2021Essential Energy Insights October 2021 covers energy market developments and supply-demand dynamics across global oil, gas, and power sectors.11 October 2021 18:30:00 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/120821-germanys-new-government-to-speed-up-transition-via-fit-for-65-decarbonization-planGermany's new coalition government under Chancellor Olaf Scholz plans to speed up Germany's energy transition to achieve a 65% cut in CO2 emissions by 2030 on 1990 levels.08 December 2021 14:48:00 GMTStaff and Eric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/122421-commodities-2022-ill-timed-year-of-european-plant-closures-clashes-with-gas-crisisExplore the challenges of European plant closures in 2022 amid a gas crisis, analyzing the implications for energy supply and market dynamics.24 December 2021 09:00:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/podcasts/energy-evolution/032526-ontario-power-generation-leads-the-north-american-race-to-build-advanced-nuclearWhen it comes to advanced nuclear generation, most North American power producers are in the study and development phases. But Ontario Power Generation is currently constructing the first of four small modular nuclear reactors at its Darlington facility, with the first 300-megawatt unit scheduled to complete construction and connect to the grid by 2030. The other three reactors are scheduled to be25 March 2026 21:00:15 GMTDan Testa ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061120-limited-support-for-blue-hydrogen-in-germany-green-potential-capped-by-resGovernment backs green hydrogen, CFDs a lifeline for blue hydrogen Electrolysis to supply a sixth of 2030 demand due to power constraints Uniper CEO in national hydrogen council representing all secto11 June 2020 12:04:00 GMTAndreas Frankehttps://www.spglobal.com/market-intelligence/en/news-insights/research/essential-energy-insights-september-2021Chile's early bet on clean energy paid off. Now the government has offered up the country as a hydrogen laboratory to the world, with a goal of becoming one of the top three exporters by 2040.12 September 2021 18:30:00 GMThttps://www.spglobal.com/market-intelligence/en/news-insights/research/european-energy-insights-september-2021European Energy Insights September 2021 highlights energy sector performance, commodity movements, and market developments in Europe.10 October 2021 18:30:00 GMT Learn more about Market Intelligence Request Demo ]]>https://www.spglobal.com/energy/en/news-research/latest-news/electric-power/123021-german-reactors-at-grohnde-brokdorf-gundremmingen-to-end-production-dec-31German reactors at Grohnde, Brokdorf and Gundremmingen with a combined capacity of 4.2 GW are to end production on Dec. 31, with the units to be disconnected from the grid during the evening, transpar30 December 2021 12:28:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/010522-dutch-2021-gas-fired-output-falls-as-coal-gains-bigger-share-in-power-mixGas fired power production in the Netherlands fell in 2021, as coal gained a larger share in the power mix, an analysis by S&P Global Platts showed Jan. 5.05 January 2022 16:25:00 GMTKira Savcenkohttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/093021-re-balancing-of-europes-gas-power-markets-seen-unlikely-in-q4Gas stores at historically low levels French nuclear more robust on year CO2 auction supply to fall 30% on year A rapid re balancing of the European gas market looks an unlikely prospect in Q4 2021 as30 September 2021 14:26:00 GMTStuart ElliottAndreas FrankeFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/122120-scottishpower-sets-up-hydrogen-business-targets-industry-transport-foodScottishPower has set up a dedicated green hydrogen business with first projects launched next year to focus on high temperature industrial processes, heavy transport and food and drink sectors, the I21 December 2020 11:20:00 GMTHenry Edwardes-Evanshttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/092721-analysis-shift-in-energy-policy-in-spotlight-for-japans-leadership-changeJapan's impending leadership change, which would typically not change the course of its energy policy, is in the spotlight due to a potential major shift in focus after the ruling Liberal Democratic P27 September 2021 06:30:00 GMTTakeo Kumagaihttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/081821-eu-wind-solar-peak-at-123-gw-helping-to-ease-record-spot-power-pricesWind and solar power generation across EU markets peaked at 123 GW Aug. 17 amid a spell in wind that helped ease record spot power prices, grid operator data aggregated by WindEurope show.18 August 2021 11:01:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/latest-news/coal/082721-factbox-china-takes-contingency-measures-to-shore-up-generation-fuel-supplyFactbox: China takes contingency measures to shore up generation fuel supply, ensuring energy security and stability amid market and geopolitical challenges.27 August 2021 04:49:00 GMTStaff and Eric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/metals/120321-saudi-arabia-nigeria-kyrgystan-seek-investors-to-develop-their-mining-gdpSaudi Arabia, Nigeria and Kyrgystan are seeking new investors to develop their mining GDP, government representatives told the Mines and Money conference in London this week. Saudi Arabia and Nigeria,03 December 2021 21:45:00 GMTDiana Kinchhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/031822-new-realism-set-to-slow-energy-transition-extend-thermal-generation-contourglobalThe current geopolitical turmoil will slow the energy transition and extend the role for generation based on lignite coal, nuclear and LNG, independent generator ContourGlobal said March 18 in an annu18 March 2022 10:25:00 GMTHenry Edwardes-Evanshttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/051622-fortescue-to-explore-turning-washington-coal-mine-into-green-hydrogen-facilityFortescue Future Industries will explore the possibility of transforming a Washington coal mine that once supplied a 670 MW coal plant into a green hydrogen production facility, Fortescue has said.16 May 2022 20:58:00 GMTBrandon Mulderhttps://www.spglobal.com/energy/en/news-research/blog/electric-power/081621-ctracker-coal-price-lng-power-weak-freight-gas-storageHigh global gas and LNG prices are impacting the power mix in countries as far apart as Germany and Bangladesh. Plus, Middle East-China tanker freight rates, US gas prices and Asian refining.16 August 2021 09:35:00 GMTS&P Global Plattshttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/101320-solar-to-become-king-of-electricity-markets-iea-reportSolar energy is likely to become the leading solution to meet global growth in electricity demand, as governments around the world seek a recovery from the COVID 19 pandemic, the International Energy 13 October 2020 08:29:00 GMTFrank Watsonhttps://www.spglobal.com/market-intelligence/en/news-insights/research/essential-energy-insights-november-2021Essential Energy Insights November 2021 covers key developments in energy markets, including pricing trends and broader commodity sector performance.14 November 2021 18:30:00 GMThttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/060220-eu-needs-eur430-billion-to-scale-up-hydrogen-by-2030-trade-bodyScaling up the EU's hydrogen sector by 2030 would cost around Eur430 billion ($480 billion), including around Eur145 billion of public support, trade body Hydrogen Europe said June 2.02 June 2020 15:28:00 GMTSiobhan Hallhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/101921-south-korea-finalizes-2050-carbon-neutrality-roadmapsSouth Korea has finalized its policy roadmaps to achieve the goal of carbon neutrality by 2050, focusing on restricting consumption of coal and LNG for power generation and replacing internal combusti19 October 2021 04:25:00 GMTCharles Leehttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/021924-uk-net-power-imports-edge-down-in-week-7-wind-generation-fallsUK average net weekly imports remain at 4.4 GW Total UK gas fired generation inches up to 9.7 GW Total UK wind generation down 9% The UK's total net power imports inched down in the week ended Feb.19 February 2024 14:05:00 GMTAbdul Sayeedhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/041923-total-us-nuclear-shutdown-would-increase-air-pollution-mortality-study5,200 additional air pollution deaths a year could result Another 80,000 to 100,000 could die from climate impacts Energy plans must account for grid response to shutdowns The shutdown of all nuclear 19 April 2023 16:50:00 GMTSteven Dolleyhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/083122-france-rues-missed-opportunities-as-predictable-winter-shortages-loomWhile most of Europe anticipates a challenging winter due to diminishing Russian gas supplies, nuclear giant France is bracing for problems that are mostly homemade.31 August 2022 08:24:00 GMTAlex Blackburnehttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/090723-singapore-commodity-trading-climate-change-pavilion-lng-cnooc-nuclear-hydro-wind-solarCommodity trading hubs have always been fluid as the center of gravity in oil and gas markets has constantly shifted. The current energy landscape will stress-test this fluidity, as we are seeing tect07 September 2023 08:29:00 GMTEric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061722-uaes-nuclear-regulator-grants-operating-license-for-countrys-third-reactorThe UAE s Federal Authority for Nuclear Regulation granted June 17 the operating license for the country s third reactor as the Gulf state forges ahead with producing clean energy ahead of its 2050 ne17 June 2022 15:36:00 GMTDania Saadihttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/010523-robust-supply-mild-weather-recession-drag-power-prices-down-to-pre-invasion-levelsEuropean power prices have fallen to pre Ukraine invasion levels for winter contracts, as a combination of ample LNG supply, mild weather and a weak economy weighed on the market, while prices further05 January 2023 15:43:00 GMTKira SavcenkoHarry Weberhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/060722-us-power-tracker-pjm-may-electricity-gas-prices-jump-nearly-200-on-yearPJM Interconnection wholesale power prices in May jumped as much as 40% from April and surged 188% from a year ago as natural gas prices climbed about 21% from April with higher power demand.07 June 2022 20:44:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/081922-eu-carbon-price-hits-all-time-high-of-eur9914mtco2eCarbon allowance prices under the EU Emissions Trading System hit an all time high of over Eur99/mtCO2e Aug. 19, as a cut to auction supply in August combined with bullish demand.19 August 2022 13:46:00 GMTFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/053024-china-launches-action-plan-for-industries-to-decarbonize-ahead-of-2025-deadlineAims to speed up decarbonization in power, metals, refining, cement sectors To increase non fossil in energy consumption to 20% by 2025 Targets 5% cut in transportation sector's carbon intensity by 2030 May 2024 10:16:00 GMTIvy Yin, Market Specialist - Energy TransitionMarket Specialist - Energy TransitionAnalyst Lucy TangAnalyst Daisy Xuhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/082322-energy-security-meltdown-dominates-uk-leadership-contestEnergy policy is front and center in the race to succeed Boris Johnson as UK prime minister and head of the ruling Conservative Party, with North Sea oil and gas producers fearing renewed fiscal insta23 August 2022 16:35:00 GMTNick Colemanhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/062520-low-carbon-generation-exceeds-60-of-uk-generation-mix-in-q1-beisLow carbon generation accounted for 62.1% of the UK generation mix in the first quarter, a record high, the Department of Business, Energy and said in a statistical update June 25.25 June 2020 12:20:00 GMTHenry Edwardes-Evanshttps://www.spglobal.com/energy/en/news-research/latest-news/coal/062420-global-energy-demand-could-decline-6-in-2020-due-to-pandemic-ieaGlobal energy demand could decline 6% in 2020 due to the pandemic, highlighting significant impacts on consumption patterns and market dynamics, says IEA.24 June 2020 21:20:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/073123-with-new-nuclear-unit-now-operational-southern-company-turns-a-cornerCompletion of Vogtle expansion could boost the company's finances Analysts expect constructive outcome in rate recovery case Southern Company is edging closer to the removal of significant uncertain31 July 2023 19:51:00 GMTAbbie Bennetthttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061022-european-year-ahead-power-falls-from-record-highs-summer-contracts-riseEuropean year ahead power prices eased from record highs in the week to June 10 while summer contracts rebounded.10 June 2022 13:19:00 GMTAndreas FrankeKira SavcenkoFatemeh ZahediMaxim Gramahttps://www.spglobal.com/energy/en/news-research/podcasts/commodities-focus/100422-europe-energy-crisis-security-storage-power-gas-lng-oil-russia-ukraine-nord-streamAs gas supply disruptions send shockwaves across the world, the ability and capacity to store energy has come under close scrutiny.

Associate Director Paul Hickin discusses with gas and power editors Stuart Elliott and Kira Savcenko whether Europe has enough energy in reserve to get through the winter, the challenges of providing sufficient back-up from both fossil fuels and alternative sources, the knock-on effects to the rest of the world, and whether we might experience déjà vu this time n04 October 2022 09:50:00 GMTPaul HickinStuart ElliottKira Savcenkohttps://www.spglobal.com/energy/en/news-research/latest-news/lng/070822-high-gas-prices-crimp-indias-gas-fired-power-generation-demand-growthHigh gas prices have forced around 25 GW of India's gas fired power generation to idle and jeopardized natural gas infrastructure build out that was based on a sub $10/MMBtu price assumption, Akshay K08 July 2022 12:39:00 GMTEric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/062623-fossil-fuels-stubbornly-dominating-global-energy-despite-surge-in-renewables-energy-instituteOil, gas, coal remain at around 82% of global energy mix Wind, solar power hot reach 12% share of generation Oil's dominance has been falling since 1970s Fossil fuels continue to meet more than 80% of26 June 2023 00:00:00 GMTRobert PerkinsHenry Edwardes-Evanshttps://www.spglobal.com/energy/en/news-research/latest-news/crude-oil/011924-pakistans-fuel-oil-exports-hit-all-time-high-in-dec-as-domestic-utility-demand-fallsFuel oil exports climb 37% on month in Dec Fuel oil consumption in Dec down 33% on year Pakistan's fuel oil exports rose to an all time high in December amid declining demand from domestic utilities a19 January 2024 05:45:00 GMTKoustav SamantaHaris Zamirhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/021422-pjm-tracker-cooler-weather-higher-loads-boost-january-pjm-power-gas-pricesPJM Interconnection power prices in January jumped about 50% from December and roughly 100% from year ago levels with power demand around 8% higher in January as colder weather affected overall electr14 February 2022 21:40:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/102622-g7-price-caps-add-new-uncertainties-to-market-aramco-ceoThe Group of Seven's plans to impose price caps on the export of Russian crude and products in December and February, respectively, will add a new layer of uncertainty to the oil market, Saudi Aramco'26 October 2022 14:28:00 GMTJennifer Gnanahttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061820-iea-outlines-three-year-plan-for-sustainable-recoveryGovernments can spur economic growth and jobs at the same time as cutting greenhouse gas emissions, the International Energy Agency said Thursday in a $1 trillion per year pandemic recovery plan.18 June 2020 04:00:00 GMTFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/011023-us-power-tracker-harsh-weather-costly-natural-gas-boost-texas-power-pricesHigher Houston Ship Channel natural gas prices and heavier loads driven by harsher weather pushed Electric Reliability Council of Texas wholesale power prices higher in December on the month and year.10 January 2023 21:33:00 GMTMark Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/lng/093022-south-korea-outlines-crisis-response-for-winter-raises-gas-and-power-pricesSouth Korea will undertake crisis response measures to tackle the coming winter, including curbs on energy demand, raising gas prices for city gas and power sectors, securing LNG supply and boosting f30 September 2022 10:14:00 GMTMichelle KimCharles Lee and Eric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/022223-us-senate-energy-chair-offers-bill-to-bolster-european-north-american-energy-tiesSeeking to strengthen energy security partnerships between European and North American allies, US Senate Energy and Natural Resources Committee Chairman Joe Manchin is pushing legislation to bolster U22 February 2023 22:29:00 GMTMaya Weberhttps://www.spglobal.com/energy/en/news-research/latest-news/coal/081320-rwe-offsets-falling-coal-generation-with-res-as-h1-earnings-riseRWE offsets falling coal generation with RES as H1 earnings rise, showcasing strategic shifts towards renewable energy sources and market adaptation.13 August 2020 14:57:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/latest-news/coal/062722-south-korea-to-raise-electricity-rates-to-reflect-spikes-in-fuel-pricesSouth Korea to raise electricity rates to reflect spikes in fuel prices, addressing cost pressures and ensuring energy supply stability in the market.27 June 2022 09:54:00 GMTCharles Leehttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/020222-wind-solar-resources-should-be-removed-from-pjm-capacity-market-p3-trade-groupA PJM Interconnection power generators trade group said it is concerned about the viability of PJM s capacity markets because wind and solar resources have been acquiring capacity obligations greater 02 February 2022 22:30:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/091622-indonesia-to-allow-new-coal-fired-power-plants-under-specific-conditionsIndonesia has issued a presidential decree asking the energy ministry to prepare a road map for the retirement of coal fired power plants, but it has also opened the door for new coal plant approvals 16 September 2022 05:31:00 GMTAnita Nugrahahttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/033123-european-power-prices-edge-up-on-cold-start-to-april-french-strike-extensionEuropean power prices edged up in late March as colder, calmer weather forecasts combined with renewed French nuclear availability issues, but prior to this prices had fallen to 18 month lows.31 March 2023 13:23:00 GMTKira SavcenkoFatemeh ZahediDaria DabiriMaxim GramaAndreas Frankehttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/062222-higher-pjm-energy-market-prices-may-have-led-to-lower-capacity-auction-bidsPJM Interconnection capacity auction clearing prices for delivery year 2023/2024 came is lower than prices for the past 10 auctions with experts suggesting higher energy market prices, recent rule cha22 June 2022 19:56:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/080223-us-power-tracker-pjm-gas-fired-power-output-up-on-year-power-forwards-declineGas fired power generation up 11% on year Forward power prices for October averaged $37.18/MWh Natural gas fired generation continues to surge in PJM Interconnection, rising more than 8% and reaching 02 August 2023 20:06:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/blog/energy-transition/121223-commodity-tracker-4-charts-to-watch-this-weekBattery metals prices could have reached a bottom after positive indications from the Chinese government.12 December 2023 04:37:00 GMTS&P Global Energyhttps://www.spglobal.com/energy/en/news-research/latest-news/natural-gas/012722-us-northeast-power-demand-gas-and-power-prices-elevated-with-storm-approachingISO New England s Jan. 27 short term power demand forecast shows projected peak load reaching 19,250 MW on Jan. 29, which is close to the grid operator s expected winter power demand peak of 19,710 MW27 January 2022 21:42:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/blog/electric-power/073024-ctracker-france-nuclear-biodiesel-us-natural-gasThe Paris Olympics are not the only reason to keep an eye on France this week; the country is on track to exceed nuclear output expectations for July.30 July 2024 11:30:00 GMTS&P Global Energyhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/041123-south-korea-revises-2030-target-for-greenhouse-gas-emissionsSouth Korea revised its 2030 targets for greenhouse gas emissions April 11 under which major polluters of energy intensive manufacturers, such as oil refiners, chemical companies and steelmakers, are 11 April 2023 05:34:00 GMTEric YepCharles Leehttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/081022-us-power-tracker-heavy-loads-pricey-gas-boost-midcontinent-iso-prices-in-julyMost Midcontinent Independent System Operator wholesale power prices in July surged to levels more than twice July 2021 levels, driven by heavier peakloads, stronger natural gas prices and a month to 10 August 2022 17:13:00 GMTMark Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061323-us-power-tracker-moderate-iso-ne-power-prices-expected-this-summerGas prices expected down considerably on year Summer power demand could reach 26,421 MW The ISO New England on peak Mass Hub forward power price summer strip for June, July and August averaged $59.54/13 June 2023 21:16:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/071422-extreme-heat-propels-more-chinese-provinces-peak-power-loads-to-record-highsExtreme heat is sweeping across China with peak power loads hitting record highs in more provinces recently, putting pressure on the grid as well as raising concerns about the supply of power generati14 July 2022 10:46:00 GMTStaff and Eric Yephttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/032824-infographic-european-gas-carbon-power-solar-capacity-coal-nuclear-hydro-germany-eu-lngOur latest infographic illustrates supply and demand shifts for European gas power in Q2 2024. Discover the latest market dynamics and potential shifts. 28 March 2024 15:00:00 GMTAndreas Frankehttps://www.spglobal.com/energy/en/news-research/podcasts/commodities-focus/090720-downside-risk-gas-supply-rebounds-demand-recovery-faltersS&P Global Platts journalists discuss European gas, power and carbon market trends going into the third quarter of 2020. The markets saw price support in June as economies began to emerge from coronavirus lockdowns – but any faltering in demand or rebound in gas flows could undermine these trends, as could a modest uptick in French nuclear availability. 
09 July 2020 11:25:00 GMTHenry Edwardes-EvansStuart ElliottAndreas FrankeFrank Watsonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/010824-us-power-tracker-pjm-forward-power-prices-remain-lower-on-year-with-gas-prices-downForward power for Jan down 55% year on year Spot gas prices down 81% year on year PJM Interconnection three month forward power prices remained well below year ago levels in December, trading as forwa08 January 2024 22:05:00 GMTJared Andersonhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/033123-europes-q2-2023-energy-supply-concerns-ease-on-healthy-stocks-lower-demandEurope is headed into the second quarter and the key summer storage filling season in much better shape than many had expected, with stocks still healthy and LNG deliveries relatively strong.31 March 2023 14:07:00 GMTStuart ElliottAndreas FrankeEklavya GupteHassan Butthttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/030123-uae-to-release-hydrogen-strategy-in-march-seeks-investor-participationThe UAE will announce its national hydrogen strategy for 2050 and 2030 later this month, and will offer private investors the chance to participate, the future energy director of the country s ministr01 March 2023 07:02:00 GMTClaudia CarpenterDania Saadihttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/051622-iberian-gas-price-cap-to-lift-spanish-gas-generation-rbcIberian gas output seen rising 20 TWh/yr on exports Generator subsidy seen to average Eur64/MWh: analyst Spain power swung to discount to France on nuclear risk Iberia's new price cap on gas for power16 May 2022 12:53:00 GMTGianluca Barattihttps://www.spglobal.com/energy/en/news-research/latest-news/coal/032323-japans-kansai-electric-to-restart-takahama-no-4-reactor-march-24-after-automatic-shutdownJapan’s Kansai Electric will restart the Takahama No. 4 reactor after a temporary shutdown, signaling a return to stable nuclear energy supply.23 March 2023 02:57:00 GMTTakeo Kumagaihttps://www.spglobal.com/energy/en/news-research/latest-news/lng/011223-south-korea-to-cut-lng-in-power-mix-to-93-in-2036-sharply-raises-role-of-nuclear-energySouth Korea will raise its share of nuclear energy in the country s power mix to 34.6% in 2036 from 32.4% in 2034 and 23.4% in 2018 while sharply cutting roles of LNG and coal, in line with national e12 January 2023 15:30:00 GMTCharles Leehttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/120522-us-power-tracker-november-pjm-power-prices-decline-forwards-higher-on-yearPJM Interconnection power prices declined in November on month and on year, while forward power prices declined on month but remained higher on year with prices near or above $100/MWh for January and 05 December 2022 21:36:00 GMTJared Anderson