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POWER Digest [May 2025]

POWER Magazine

MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh

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HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025

OilPrice

Our new scenario assumes regular hikes from October to December and leaves the 2.2mbd of voluntary cuts fully unwound by the end of 2025,” the bank said in a note on Friday carried by Reuters. OPEC+ producers have just said they would boost July production by another 411,000 barrels per day (bpd), citing…

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Record Nuclear Power Production Expected in 2025

OilPrice

The world is now on track to produce more nuclear energy than ever before in 2025, and the International Energy Agency (IEA) predicts an all-out nuclear renaissance.

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Boundless automation at Emerson Exchange 2025

Oilholics Synonymous Report

While the doors of Emerson Exchange 2025 opened on Monday, formal proceedings got underway on Tuesday morning with a keynote from Emerson CEO Lal Karsanbhai. To email: journalist_gsharma@yahoo.co.uk Gaurav Sharma 2025. Photo I: Lal Karsanbhai, CEO of Emerson delivers his keynote at Emerson Exchange 2025.

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Banks Expect WTI Oil Prices Below $60 for 2025

OilPrice

A total of 28 banks a record high number participated in Haynes Boones Spring 2025 Energy Bank Price Deck Survey, now in its 12th year. per barrel in 2025, down from $61.89 WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. The banks on average expect WTI Crude prices to average $58.30

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Understanding the April 2025 Iberian Peninsula Blackout: Early Analysis and Lessons Learned

POWER Magazine

On April 28, 2025, at 12:33 p.m. During a webcast on May 6, Sean […] The post Understanding the April 2025 Iberian Peninsula Blackout: Early Analysis and Lessons Learned appeared first on POWER Magazine. local time, a significant blackout affected the entire Iberian Peninsula, plunging Spain and Portugal into darkness.

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Putin Extends Russian Oil Export Ban to Price Cap Countries Through 2025

OilPrice

Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that comply with the Western-imposed price cap, pushing the restriction through the end of 2025.

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