A couple of years ago, commodity pundits predicted that the green metal quartet of copper, lithium, nickel and cobalt would become the new age oil rivaling the total value of crude oil production amid the clean energy transition. A 2021 Eurasia Review analysis forecast that prices for the four metals could reach historical peaks for an unprecedented,...

U.S. crude oil prices pushed past $80 on Friday, with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S. consumer prices, both of which came in more favorably than anticipated for April.  On Friday at 4:20 p.m. ET, West Texas Intermediate (WTI) was trading a penny shy of $80,...

While solar and wind power installations and power generation are booming in Europe, policymakers need to address the growing gap between baseload capacity and soaring intermittent renewable electricity. Europe still has a lot of work to do in providing flexible and reliable grids to handle the soaring share of renewables in electricity generation and...

A recent report by the Centre for Research on Energy and Clean Air (CREA) and the Center for the Study of Democracy (CSD) reveals that the European Union (EU) has imported EUR 3 billion worth of oil products from Turkish ports that predominantly handle Russian oil—ports that don't have refining hubs. This trade has effectively bypassed the EU/G7 sanctions...

Trade data for 2024 is showing that Kyrgyzstan has an unhealthy dependency on China, even considering a wide discrepancy in figures released by Chinese and Kyrgyz official agencies. Bilateral trade turnover during the first quarter of 2024 totaled $4.815 billion, according to figures compiled by China’s General Customs Administration. The trade imbalance...

University of Ottawa researchers have now devised a smart approach to optimize solar energy effectiveness. Their innovative method includes incorporating artificial ground reflectors, a simple yet powerful enhancement. The study “Artificial Ground Reflector Size and Position Effects on Energy Yield and Economics of Single Axis Tracked Bifacial Photovoltaics”...