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Infocus International Group has announced the 2025 dates for the best rated LNG: Supply, Demand, Pricing & Trading online training and it will be commencing live on the 18th March & 9 th September 2025. The early 2020s saw major changes in the global LNG business, as it responded to the impact of COVID-19, the Ukraine war and energy transition. LNG and natural gas prices swung from a low point of $2/MMBtu in 2020, when demand fell with the COVID crisis, to over $70/MMBtu in 2022, as Europe’s demand surged in the aftermath of Russia’s invasion of Ukraine. However, 2023 and 2024 have been years of fewer shocks. Prices have been more stable but were around double the pre-COVID level. LNG supply and demand growth has slowed around 5% in 2021 and 2022 to 2% in 2023 and 1.5% in 2024. High prices and slowing economic growth have affected demand while unscheduled maintenance has reduced output from operating plants. There have also been delays in the start-up of some projects under construction. The only additions to liquefaction capacity in 2024 were a 0.6 mtpa project in Congo and a 1.4 mtpa project offshore Altamira in Mexico. The outlook for growth in supply in the second half of the 2020s is much brighter with major new liquefaction projects in Qatar, USA and Canada scheduled to come on stream, adding around 200 mtpa of liquefaction capacity to the 485 mtpa in operation at the end of 2024. There will be declines in output from some of the operating plants as reserves deplete and older trains are taken offline, but supply and demand is expected to increase from 408 mtpa in 2024 to 645 mtpa by 2030. Projects with a total capacity of over 400 mtpa are at the planning stage and developers of over 100 mtpa of this capacity are targeting a Final Investment Decision (FID) by the end of 2025. However, there is uncertainty over how many of these projects will be required to meet long-term demand as governments of the existing and prospective LNG importing countries target net-zero greenhouse gas emissions by 2050 or 2060. Developers argue that natural gas and LNG will be needed to help manage the transition to renewables while environmentalists see natural gas as just another fossil fuel whose use has to be reduced if targets to slow climate change are to be achieved. Some buyers and financiers have been reluctant to commit to supply from new LNG projects that are looking to produce LNG into the 2040s to remunerate the investment of billions of US dollars. The online course will, over 6 sessions, discuss the issues facing the LNG business as it seeks to meet consumer needs up to 2050. It will focus on commercial issues, but technology and shipping will also be covered. It will consider the outlook for the business in terms of markets, sources of supply, pricing and trading and the response to energy transition. It is designed not only for newcomers to LNG but also those who want to refresh their knowledge. “Excellent overview of the LNG industry end-to-end. I would highly recommend it to anyone wanting to learn about the industry,” said a past attendee from Murphy Exploration and Production. A past attendee from Petroleum Institute of Thailand also shared, “Thank you for the fruitful training course which I really appreciated. Everything was excellent. Training materials were well prepared and up to date.” Check out the LNG online course new agenda at www.infocusinternational.com/lng-online . Course Sessions 1. LNG value chain 2. Safety, current status of the LNG business and energy transition 3. LNG markets and terminals 4. LNG shipping and supply 5. Acquiring LNG supply and LNG pricing & contracting 6. LNG contracts and LNG spot & short-term trading Benefits of Attending ● Understand LNG chain technologies, costs, economics and safety ● Appreciate how the LNG business is changing and the implications for those working in the business ● Gain insights into LNG pricing and how it is evolving ● Acquire in depth knowledge of world LNG markets and supply sources ● Assess the increasing role of spot and short-term trading Want to learn more? Simply email calvin@infocusinternational.com or call +65 6325 0235 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/lng-online ...Read more
Community-based battery storage is gaining popularity for its potential to address climate change, aging energy infrastructure, and cost savings, integrating renewables and promoting community engagement. In the face of global challenges posed by climate change and the ageing energy infrastructure, communities are progressively embracing sustainable energy alternatives such as solar and wind power. Nevertheless, a significant impediment to the extensive integration of renewable sources lies in their intermittent nature, characterised by periods when the sun does not shine, and the wind does not blow. This underscores the pivotal role of battery storage solutions in mitigating these challenges. Key Benefits of Community-Based Battery Storage Energy Independence: Community-based battery storage reduces reliance on the traditional power grid, giving communities more control over their energy supply. This independence can enhance energy security and reduce vulnerability to external factors. Resilience During Outages: Batteries enable communities to maintain power during grid outages. This is crucial for critical facilities such as hospitals, emergency services, and communication centres, ensuring continuous operation when it is needed most. Integration with Renewable Energy: Many community-based battery storage projects are paired with renewable energy sources, such as solar or wind. This integration allows communities to maximise the use of clean energy, reducing carbon emissions and contributing to environmental sustainability. Cost Savings: By storing excess energy during low-demand periods and using it during peak times, communities can reduce their reliance on expensive electricity from the grid. This can lead to cost savings for both residents and local businesses. Community Engagement: Implementing community-based battery storage projects often involves collaboration and engagement within the community. This fosters a sense of ownership and responsibility, as residents actively participate in the development and maintenance of the system. The landscape of community-based battery storage is transforming with recent developments highlighting noteworthy progress. Technological advancements are playing a pivotal role in enhancing battery efficiency and affordability, consequently bolstering the cost-effectiveness of community-based battery storage projects. Complementing this trend, governments are initiating policy changes by introducing incentives that facilitate the financing and implementation of such projects. Simultaneously, a surge in community interest, stemming from heightened awareness of the advantages associated with this technology, is evident among both residents and businesses. These combined factors contribute to a rapidly evolving and increasingly promising environment for the integration of community-based battery storage solutions. At its essence, community-based battery storage operates on a collaborative model, embodying shared investment and shared rewards. In this setup, a collective of residences, businesses, or an entire community combines their resources to establish a comprehensive battery system. The system serves a dual purpose: first, it efficiently captures surplus solar and wind energy generated during peak production periods, and second, it releases stored energy strategically when the primary renewable sources are less active. This discharge occurs during periods such as sundown or decreased wind intensity, thereby supplying power to homes and businesses precisely when demand is at its peak. This innovative approach enhances energy sustainability and also fosters a sense of communal responsibility in managing and optimising renewable resources. ...Read more
The rising expense of fuel, longer ranges resulting from greater battery performance, lower battery costs, and federal and state subsidies are all contributing to the fast acceleration of EV adoption. Transportation can have a tremendous impact on a person's daily life. It's also human nature to feel more at ease with changing behavior if it becomes the standard. Despite the fact that EV awareness is high, almost two-thirds (65%) of Americans have never driven an electric vehicle (EV) or know anyone who has. The EV sector is confronted with numerous urgent problems. As the industry develops, the following issues need to be resolved. Difficulty Finding a Technician Most auto owners discover that using an authorized independent maintenance and repair business can sometimes result in a far lower cost when having their vehicle serviced by a dealer. There are few certified independent shops or trained EV repair professionals because the EV market is still tiny. Most EV owners rely on their EV retailer for service because repairing an EV other than replacing tires, brakes, light bulbs, and audio equipment can be risky for an inexperienced technician. Grid Capacity Millions more people will become new EV users, putting additional strain on the electric grid. As a result, the grid's capacity will need to be increased. The U.S. Department of Energy has estimated a 38 percent increase in electricity use by 2050, mostly due to EVs. Experts disagree on how much additional power we'll need. The University of Texas Energy Institute calculated the electricity required if every state switched to plug-in electric vehicles for all passenger vehicles, trucks, and SUVs. It was discovered that Wyoming's energy usage would rise by 17 percent and 55 percent in Maine. The majority of states were between 20 and 30 percent. Only a few states have the infrastructure to accommodate future growth in demand. Charging Price Structures Unlike gasoline, which is continuously charged by the gallon, EV charging is subject to multiple pricing regimes. Due to consumer annoyance and bad experiences, this discrepancy may lead to uneven pricing and exorbitant billing rates, which may impede adoption. Utility authorities establish consistent per-kWh pricing for home charging. Depending on the charging speed associated with public charging stations, there may be per-minute, per-session, or tiered charges. Since this structure looks most similar to the per-gallon pricing system they are accustomed to, EV drivers generally prefer it. A few states incorporate charging speed-based tiers into their per-kWh pricing schemes. ...Read more
Due to their reliance on traditional resource-based sectors and distance from major urban centers, Canada's vast and diversified rural and remote regions have long faced particular difficulties in economic development. But a new paradigm is beginning to emerge, one that reframes renewable energy as the fundamental infrastructure for a new era of rural economic prosperity rather than just as an issue of environmental policy. According to this paradigm, renewable energy platforms—from wind and solar farms to small-scale hydro and biomass projects—are taking the place of roads, bridges, and communication networks in order to promote community resilience, attract investment, and enable self-sufficiency. The Traditional Model: A Legacy of Dependence For generations, many rural and remote communities in Canada, particularly those in the north, have been reliant on diesel-fired generators for their electricity. While reliable, this model is marred by significant economic, environmental, and social drawbacks. The cost of transporting diesel to these often-isolated communities is astronomical, leading to some of the highest energy prices in the country. Governments often subsidize this burden, but it remains a volatile and unsustainable expense. Environmentally, diesel combustion contributes to greenhouse gas emissions and localized air pollution. Socially, it perpetuates a sense of energy dependence, with communities having little control over their power supply or its cost. This cycle of reliance has historically limited local economic diversification and growth. The New Paradigm: Energy as a Local Economic Engine Reframing renewable energy as a form of modern infrastructure fundamentally transforms the role of rural communities in the energy economy. Rather than remaining passive consumers, these communities can become active producers, unlocking a wide range of economic and social benefits. Investment in renewable energy projects—whether large-scale wind farms or community-owned solar arrays—creates jobs for developers, construction workers, and technicians, stimulating local economies and providing long-term employment in areas where opportunities are often limited. Each new project also generates significant revenue streams through property taxes, land leases, or direct community ownership, enabling municipalities and Indigenous groups to reinvest in public services, infrastructure, and other development priorities. At the household and business levels, renewables reduce dependence on costly, volatile diesel by harnessing abundant local resources, such as the sun, wind, and water. This transition lowers energy costs, enhances reliability through decentralized systems like microgrids, and increases resilience against widespread grid disruptions. For Indigenous communities in particular, renewable energy offers not only economic opportunities but also a path to energy sovereignty, allowing them to control critical resources, reduce their reliance on external subsidies, and align energy development with their cultural values and long-term goals. Renewable energy platforms are more than just a source of clean power; they are the new infrastructure of rural Canada. By harnessing the power of the sun, wind, and water, communities are not just lighting their homes but also powering their economies, creating a path to a more sustainable and self-determined future. ...Read more