... meters, approximately matching the same period last year. Summer heat in Western Europe increases demand on energy systems (massive use of air conditioning), partially raising gas consumption at power plants. Simultaneously, sunny weather ensures record solar energy generation, keeping gas demand in check during peak load hours. Stable deliveries of liquefied natural gas (LNG), along with relatively weak industrial demand, maintain market balance. Overall, European prices are currently significantly ...

... these and many other reasons, producers are increasingly considering the use of alternative energy. This includes energy from solar, wind, and other sources. Alternative sources present numerous advantages: They operate on renewable resources. Wind, solar, and other energies are inexhaustible. They allow for the selection of specific raw material bases. They offer high profitability, with payback periods of 3-5 years, and in some cases, funds are recovered even faster. Alternative energy employs various technological ...

... corresponding to the same period last year. The summer heat in Western Europe is increasing the load on power grids (massive air conditioning use), partially raising gas consumption at power plants. Simultaneously, sunny weather contributes to a high output of solar energy, which helps moderate demand for gas during peak generation hours. Stable liquefied natural gas (LNG) supplies and relatively weak industrial demand maintain balance in the market. Overall, European gas prices are currently significantly ...

... Hydroelectric Power Plants: The company directs funds towards updating equipment and improving the efficiency of existing hydroelectric stations, which enhances their productivity and extends their lifespan. Development of Renewable Energy Sources (RES): Solar and Wind Power Plants: RusHydro is investing in projects for the construction of solar and wind power plants, expanding its RES portfolio and supporting global trends towards a shift to clean energy. Geothermal Stations: The company is developing ...

... consumption reached a historic maximum of about 1.5 TW (1.5 billion kWh). Such high demand is associated with extreme heat and widespread use of air conditioning. However, approximately half of the increase in power generation in China was provided by solar power plants, and hydropower also increased generation compared to last year – this helped partially offset the demand surge and avoid major disruptions. In the U.S. , the rapid development of RES is already changing the structure of generation....