... determine the long-term supply-demand relationship in global oil and gas markets. Electricity and Renewables: Record Consumption and Growth of “Green” Generation Unusual weather this summer is setting new records in the energy sector and underscores the importance of renewable energy sources (RES). In China, July saw unprecedented load on the energy system: peak electricity consumption reached an all-time high of around 1.5 TWh. This level is attributable to extreme heat and mass air conditioning usage. However, a significant portion of the generation increase was provided by solar power plants, along with increased ...

.... TPPs: ~394 billion kWh (+0.5%). NPPs: ~104 billion kWh (−0.3%). Thus, the share of thermal and nuclear energy in the generation structure has increased, while the contribution of hydropower plants has decreased due to natural conditions. Another important event for the industry was the change in electricity tariffs. From July 1, 2025, a scheduled price indexing has been implemented for households and businesses: electricity and utility tariffs have been increased by an average of 11–12% nationwide. This annual increase, as stipulated by the ...

... of generation volumes and reliability. The Gansu project illustrates that innovative renewable energy solutions can provide electricity to hundreds of thousands of consumers while simultaneously reducing the carbon footprint and decreasing reliance on ... ... balance will impact the demand for oil, gas, and petroleum products, making participation in the energy transition strategically important for players in the energy sector.

... so demand is increasing at a much slower rate than production. In Russia, coal continues to hold a significant share in both electricity generation and industry export revenue. The output of Russian companies remains close to record levels, and under ... ... East and subsidizing railway transport to increase shipments to the Asia-Pacific region. Looking ahead, despite the continued importance of coal, the industry will need modernization and increased eco-friendliness—in line with the global trend towards ...

... which almost corresponds to last year’s level (-0.3%). Thus, the structure of generation has shifted towards an increased share of thermal energy and nuclear energy, while the contribution of hydropower has decreased due to natural conditions. Another important event for the sector has been the change in electricity tariffs in Russia. Since July 1, 2025, a planned price indexation for households and businesses has been conducted: average electricity and utility tariffs increased by 11–12% nationwide. This annual increase, mandated by the government,...