LNRG Technology

🌍 Navigating the Red Sea Crisis: Implications for Global Trade & Energy Markets: The Red Sea, a key artery for global commerce, moves 10% of the world’s energy commodities and 12% of maritime freight. But recent regional conflicts have disrupted this lifeline in unprecedented ways. Attacks on vessels by Houthi militants, reportedly targeting over 100 ships in 2023, have forced significant rerouting around the Cape of Good Hope. 📉 The impacts are staggering: *Transit through the Red Sea has dropped 56% *Container traffic has plummeted by 73% *LNG traffic is down by an astounding 87% Freight rates surged 268% in early 2024, driving up energy costs and shaking global markets. This situation underscores the vulnerabilities in global trade routes and demands strategic planning from major shipping operators and affected nations alike. Coordinated security measures are now more critical than ever to stabilize one of the world’s most essential trade corridors. #GlobalTrade #EnergyMarkets #ShippingIndustry #SupplyChain #LNRG

🌞 2024 Solar Irradiance Outlook for the Eastern Mediterranean 🌞 The latest solar irradiance data from Israel’s Bet Dagan station estimates daily irradiance at 5,507 Wh/m² for 2024, continuing the above-average trend observed over the last decade. This year’s data shows an anomaly that surpasses the typical annual deviation, indicating a continued pattern of high irradiance levels reminiscent of the late 1960s and early 1970s. 📈These results reinforce solar power’s role in sustainable energy strategies across the Eastern Mediterranean, helping project regional output for current and future solar installations. 🌍 #SolarEnergy #EasternMediterranean #SolarPower #RenewableEnergy #ClimateData #SustainableEnergy #EnergyForecast

🛰🌡 🌍The global average lower tropospheric temperature anomaly for September 2024 was +0.96 deg. C departure from the 1991-2020 mean by UAH Global Temperature Update Version 6, up from the August 2024 anomaly of +0.88 deg. C. ♨🌡 Earth is still warm - Earth tropospheric temperatures are staying high near the recent peak recorded during the whole space age (i.e. since satellite remote sensing measurements began in 1979). Developing La Nina in the Pacific may provide temperature relief, but it is still not seen in charts. UAH dataset is produced by The University of Alabama in Huntsville. #climatescience #remotesensing #climatechange

🔋⚡ Overview of the Israeli Electricity Market 2024 ⚡🔋 In 2023, Israel's power generation was fueled by a mix of energy sources, with natural gas and coal leading the way. 📊The Israel Electric Corporation (IEC) relied heavily on Natural Gas, Coal and secondary fuels: diesel, oil fuel, and methanol played a smaller role. Private generation facilities leaned mainly on natural gas, with diesel, oil, and renewables contributing lesser shares. 📊Overall, the energy landscape in 2023 looked like this in terms of Electricity Generation Capacity: ♨️ Natural Gas: 57.4% 🏭 Coal: 17.9% ☀️ Renewables: 23.2% Solar PV: 20.5% Solar Thermal, Wind, Biogas & Hydro: smaller shares 🔄 Pump Accumulation: 1.3% ⚙️ Other Fossil Fuels: 0.3% Looking ahead to 2024, the capacity of power generation is expected to remain largely stable with: ♨️ 57-58% natural gas 🏭 17% coal ☀️ 23% renewables 🔄 2.6% pump accumulation ⚙️ 0.3% other fossil fuels #Energy #Israel #ElectricityMarket #Renewables #SolarPower #NaturalGas

⚡ By the end of 2023, Israeli national electric generation capacity stood at 23.9 GWp, with private producers (IPPs) including renewables making up 53.3% of total grid-connected capacity and Israel Electric Corp (IEC) making up the remaining 46.7%. Find out more at the Israeli electricity market 2024 report by LNRG technology.

⚡🔌Interested in customized electricity price forecasts? AleaSoft can provide an answer to any need anywhere, including in Israel. LNRG is representing AleaSoft in Israel since 2022 and you are welcome to reach out.

🛰🌡 🌍The global average lower tropospheric temperature anomaly for August 2024 was +0.88 deg. C departure from the 1991-2020 mean by UAH Global Temperature Update Version 6, up from the July, 2024 anomaly of +0.85 deg. C. ♨🌡 Earth is still warm - Earth tropospheric temperatures are staying high near the recent peak recorded during the whole space age (i.e. since satellite remote sensing measurements began in 1979). Developing La Nina in the Pacific may provide temperature relief, but that may take several months. UAH dataset is produced by The University of Alabama in Huntsville. #climatescience #remotesensing #climatechange

Insights on Israel's 2023-24 Electricity Market and Global Energy Dynamics - https://lnkd.in/eyB2W6p7

🌴 The equatorial Pacific region is in ENSO negative. NOAA Climate Prediction Center keeps the La Nina Watch status - which may develop later this year. Chart by #tropicaltidbeats

⚡ 🔍 Curious about the latest developments in the Israeli electricity market? Our new report dives deep into the 2024 trends, including the rise of solar power, the impacts of the Electricity Reform, and the shifting dynamics in power generation. From natural gas and coal to the growing share of renewables, this overview offers a comprehensive look at what’s shaping the electric energy landscape in Israel. Don’t miss out on the insights that could shape your next strategic move. 📊 Contact LNRG for the full report and stay ahead of the curve! The executive summary of the report is to be published later in this month. #EnergyInsights #ElectricityMarket #IsraelEnergy #Renewables #SolarPower #ElectricityReform