GAS TURBINE SHORTAGE 🚨⚡ Orders for turbines for natural gas power plants are vastly outpacing supply, threatening the world’s ability to keep pace with rising electricity demand 🧵 Thread on how we got here and what it means for power-hungry nations www.bloomberg.com/features/202...

NEW LNG IMPORTER SOON? 🇳🇿🚢 New Zealand moves forward with plans to build a new LNG import terminal as domestic gas production falters www.1news.co.nz/2025/10/01/g...

Weak Chinese LNG demand is good news for Europe 🇨🇳🤝🇪🇺 📉 China's imports are poised to fall 22% in Sept due in part to milder weather, rising domestic output. China is the world's top LNG buyer 👍 That'll free-up supply for gas-hungry rivals elsewhere (like those in Europe)

AI data centers are sending US power bills soaring, Bloomberg analysis shows 🇺🇸⚡📈 Wholesale prices more than doubled since 2020 in some markets, but those increases arent equal Of the nodes where prices rose, over 70% are within 50 miles of significant data center activity

MANY SUCH CASES: Louisiana’s utility regulator approved Entergy’s plan to build three new gas-fired plants to power Meta’s data center

Power demand on the largest US grid is poised to surge thanks to the AI boom 🇺🇸 ⚡️📈 PJM Interconnection, which manages the 13-state system stretching from Washington DC to Illinois, expects peak summer demand to jump by 38% by 2035 www.bloomberg.com/news/article...

More countries are looking to buy US oil & gas to make Trump happy 🇺🇸🛢️ 🇰🇷 South Korea's trade minister said the country will consider buying more to reduce their trade surplus with the US ⚠️ Vietnam, EU & Taiwan are considering to do the same to avoid Trump's proposed tariffs

Vietnam aims to complete its first nuclear power plant by 2030 to boost energy security 🇻🇳❤️☢️ 📝 Prime Minister Pham Minh Chinh ordered the REMARKABLY ambitious target today ⚠️ This comes after Vietnam was hit with blackouts in 2023 due to hot weather, coal power malfunctions

More LNG ships divert to Europe in search of better profits 🚢🚢 🇪🇺 At least 6 ships changed course away from Asia to Europe since last week 📈 Europe needs more LNG after losing Russian pipeline gas via Ukraine 🙅‍♂️ Asia demand is subdued as winter ends (and prices too high)

This person isn’t me! Report them if you can please bsky.app/profile/s-st...

More LNG vessels are diverting to Europe to take advantage of better prices 🚢 📈 Four diversions from Asia to Europe in the last week. Europe needs LNG to replace the lost Russian pipeline gas supply via Ukraine 📉 Asia doesn't need the LNG as demand remains subdued

Heating demand… rising #natgas

The US sanctioned two of Russia’s active LNG export plants 🇺🇸 🇷🇺 ⚠️ 📝The restrictions targeted Portovaya and Vysotsk, Russia’s smaller LNG plants 🚢 The US (the world’s biggest LNG exporter) has been focused on halting Russia’s plans to expand gas sales

China will keep tapping coal 🇨🇳❤️🪨 📈 China's top industry coal group expects output to rise to 1.5% in 2025, the ninth consecutive annual increase 🔥 Demand also seen rising 1% ⛏️ China has expanded mining capacity so that supply runs ahead of demand www.bloomberg.com/news/article...

The UK’s wind turbines have overtaken gas plants for the first time as the number one source of power 🇬🇧🌬️ www.bloomberg.com/news/article...

Japan’s shipowners plan to spend $6 billion to boost its fleet of LNG tankers through 2030 🇯🇵 🚢 💰 Top three shipowners to increase fleet 40% by end of decade 👉 This big investments will ensure a stable supply of energy and profit from the growing market

US gas traders checking the weather at end of 2024

Biden will order a ban on new offshore oil and gas drilling 🇺🇸🛢️ Unlike other executive actions that can be easily undone, Biden’s declaration is rooted in a 72-year-old law that gives the White House wide discretion to permanently protect US waters www.bloomberg.com/news/article...

Austria says other natural gas sources are compensating for the loss of Russian fuel via Ukraine 🇦🇹 👍 Gas imports via Germany and Italy are sufficient, says Austria‘s grid manager “Domestic supply to end users is currently being managed from imports, storage and production.”

END OF AN ERA: Russia's oldest gas export route to Europe halted For over five decades, Europe benefited from a (relatively) steady flow of Russian gas via pipelines in Ukraine. That deal has now expired While that won't trigger shortages in Europe, it does mark a historic shift Thread🧵

GAZPROM SAYS GAS FLOWS TO EUROPE VIA UKRAINE HAVE HALTED⚠️ 📄 The key transit deal expired without renewal 🇪🇺 Some central European countries that have relied on the flows may be forced to source more expensive gas elsewhere (like LNG) or use more fuel in storage

NOAA be like

The US strengthens its position as the world's top LNG exporter 🇺🇸🚢 ⚠️ An expansion to the Corpus Christi LNG plant in Texas just began production 📈 This comes after a new plant in Louisiana, Plaquemines, started exports last week 🏆 US LNG exports to double by 2030

US natural gas prices are rising as forecasters expect frigid weather across the country in January 📈 🥶 NOAA hiked the chances of colder-than-normal wether in its 8-14 day forecast

If you’re a guy in your early 20s, buy an LNG tanker Go into debt if you have to You can get a 24-year old tanker for $20 million Having an LNG tanker communicates status. And the LNG market is set to rapidly grow as nations shift away from coal

The US just cemented itself as the world’s top LNG exporter 🇺🇸 🚢 📈 The eighth facility, Venture Global’s Plaquemines, began exports today 🇪🇺 First shipment is on its way to Germany. European buyers are turning to US LNG to replace Russian pipeline gas

This sanctioned Russian LNG shipment traveled around the world looking for a buyer. Now it's giving up🚢 🇷🇺 A dark fleet tanker loaded gas at Arctic LNG 2 in August. It just docked at a Russian port to likely put the gas into storage 🇺🇸 Buyers dont want to break US restrictions

Merry Christmas, ya filthy animal

They don't know that the eighth US LNG facility is about to export its first shipment #Plaquemines

OECD's plan to ban foreign fossil fuel finance collapses 🌎🛢️ 📝 The EU, UK, US & others had sought the deal to limit export-credit agency finance for global fossil-fuel projects ⚠️ But weeks of negotiations couldn’t overcome concerns about energy security

Japan moves to build more natural gas power plants 🇯🇵 🏭 🤝 Jera, Toho Gas agree to jointly develop two units in Japan’s Aichi prefecture that will come online in 2029 and 2030 ⚠️ The government sees LNG/gas as a key bridge fuel in the transition to cleaner sources

Majority of Japanese favor new pro-nuclear energy strategy 🇯🇵 ♥️ ☢️ 👍 55% of people surveyed support plan to utilize nuclear power “to the fullest extent,” according to a Nikkei poll 👎 31% oppose ⚡️ Japan aims to depend on nuclear power for decades to curb fossil fuel imports

TRUMP DEMANDS PANAMA LOWER TRANSIT FEES 🇺🇸 🇵🇦 🚢 💸 He says Panama Canal charges “exorbitant prices and rates of passage” on US ships 🛢️ The canal is a key waterway for US oil & gas to Asia 📈 Some fees surged last year after a drought limited traffic www.bloomberg.com/news/article...

Reactions to the DOE #LNG study by @csis experts are out. I tried dissecting the study's #Chinagas demand discussion and the nudge for #geopolitical consideration in the "public interest" evaluation. www.csis.org/analysis/exp... Happy holidays, Happy reading!

The EU purchased a record amount of LNG from Russia this year 🇪🇺 🤝 🇷🇺 🚢 Despite deep cuts to Russian pipeline gas deliveries, Europe still clings to shipments of LNG 🇫🇷 Among top buyers, France has already hit its highest-ever volumes www.bloomberg.com/news/article...

Trump threatens tariffs if the EU doesn't buy more US oil and gas 🇺🇸🇪🇺🚨 ⚠️ The President-elect said he told the EU they must "make up their tremendous deficit" with large scale purchases of American fuel 🚢 The US is the world's top LNG exporter, and the biggest oil producer

“While coal demand in advanced economies continues to shrink, this decline is expected to be offset by growth in a few emerging and developing economies,” the IEA said in a report today In other words..

Record-breaking coal demand keeps defying expectation 🌎❤️🪨 📈 Global coal consumption will set fresh records every year through at least 2027, IEA data shows, overturning a previous estimate that it peaked last year ⚡ Power grids (particularly in China and India) are addicted to coal

Japan urges its utilities to secure more LNG supplies in the name of energy security 🇯🇵🚢 ⚠️ Public & private sectors must work together to sign long-term LNG contracts and mitigate the risk of high spot prices and supply outages, according to Japan’s revised energy strategy

Big symbolic move by Japan to embrace nuclear power today 🇯🇵☢️👇 ⚠️ Its new draft energy policy removed Fukushima-era language about reducing reliance on nuclear power over the long term 📈 Plan now calls for nuclear & renewables to be utilized “to the fullest extent”

Japan sees nuclear and solar as the cheapest energy sources in 2040 🇯🇵☢️ ⚡ The total system cost for nuclear power is the cheapest option in all but one scenario ☀️ Solar power could be cheapest or most expensive depending on scale of intermittent renewable sources on the grid

A pair of gas-fired power plants in the UK earned a fortune in a few hours when the wind wasnt blowing 🇬🇧 💰 The move involved announcing a cut in power production ahead of the busiest evening periods, then offering to keep the station on at a high price www.bloomberg.com/news/article...

Cocoa prices are rising again. Futures just hit the highest since April 🍫 📈 ⚠️ Fears are mounting over reduced output in West Africa 🥵 Dry weather concerns are impacting production prospects, particularly for the mid-crop typically harvested in April www.bloomberg.com/news/article...

Have you already had a look at these European energy experts? Would be great to have a thriving #EnergySky here! If you think this pack is useful, please repost. go.bsky.app/PvYmi78 Suggestions still welcome, too.

THE US CONTINUES TO EXPAND LNG EXPORTS 🇺🇸 🚢 🚨 ⚠️ The Plaquemines LNG plant in Louisiana just began production for the first time 🏗️ This is the 8th LNG export facility in the US to come online since 2016 📈 This will further cement the US as the world’s top exporter of LNG

EU’s new energy chief is making it his “main priority” to craft a plan that will finally sever all EU energy links with Russia Gas will be a priority, he told Politico (But will the EU really quit Russian LNG?) www.politico.eu/article/eu-n...

🚨DUNKELFLAUTE CONTEXT🚨 1. This is no **2022 Energy Crisis**: # of hours German electricity prices over €300 2015 = 0 2016 = 0 2017 = 0 2018 = 0 2019 = 0 2020 = 0 2021 = 236 2022 = 2345 2023 = 3 2024 = 23 (incl to 13-Dec)

China's weak winter LNG demand provides relief for rival buyers in Europe & Asia 🇨🇳🚢 📉 Chinese imports has slumped to below the 4-year average 💰 Spot LNG shipments are currently too pricey for Chinese buyers (plus, storage is high). So China is reselling some supply abroad

German energy policymakers this winter #Dunkelflaute

The front page of Japan’s top business newspaper today: “Germany stalls, a miscalculated decision to abandon nuclear”