The IEA says electricity could reach 33% of global final energy consumption by 2035, up from 23% today. COP31 leaders want to push that to 35% as energy-security concerns accelerate electrification. #Energy#Electrification#COP31#Power
Italy's Senate has approved a plan to restart nuclear power nearly 40 years after the country shut its reactors. The government plans to focus on SMRs and advanced reactors to improve energy security and cut import dependence. #Nuclear#Italy#Energy
Iraq's southern oil exports have climbed from 2.35M bpd in August to about 2.6M bpd in September despite the Hormuz crisis. Deep crude discounts and major purchases by Vitol and ADNOC are helping Baghdad keep barrels moving. #Iraq#Oil#Hormuz#Energy
The U.S. diesel crack spread briefly topped a record $100/barrel in August, while Asian margins surged above $87. High margins mean refiners are earning more, but they also signal an unusually tight global diesel market. #Diesel#Oil#Refining#Energy
South Korea has selected a proposed $22.3B, 6.3-GW Texas gas-fired power complex as the first project under its $350B U.S. investment pledge. The plant is aimed at surging power demand from data centers and chip fabs. #NaturalGas#AI#Energy
