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Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged

... sources (RES). In July, China recorded record load on its energy system: peak electricity demand reached an all-time high of around 1.5 TW (1.5 billion kW). This level is linked to extreme heat and widespread use of air conditioning. However, solar power plants contributed about half of the increase in electricity generation in China, and hydroelectricity also increased generation compared to the previous year – this helped partially compensate for the surge in demand and avoid major disruptions. In the U.S., the rapid development of RES is already changing the electricity generation ...