EnergyForecast

Eskom Anticipates Its First Profit in Seven Years Amid Energy Challenges

4 days ago

In a groundbreaking development for South Africa’s beleaguered power utility, Eskom, the company has indicated that it is poised to achieve its first profit since 2017. This forecast is part of a broader strategy aimed at restoring financial stability amid ongoing challenges in the energy sector.

Missing Oil Barrels Create Uncertainty in IEA's Bearish 2025 Oil Market Outlook

1 month ago

The International Energy Agency (IEA) is facing challenges in its bearish oil market forecast for 2025, largely due to the mysterious disappearance of millions of barrels of oil that have not been accounted for. This discrepancy raises significant questions regarding the IEA's analysis and projections for the global oil market.

India to Revamp Power Demand Forecasting for Enhanced Grid Management

2 months ago

In a significant move aimed at optimizing electricity supply and ensuring stability in its power grid, India has announced plans to overhaul its power demand forecasting framework. The initiative is part of a broader strategy to improve energy management as the country faces increasing electricity demand, fueled by rapid industrialization and urbanization.