For 2025, VCI currently forecasts that chemical/pharmaceutical production will inch up 0.5%, with chemical production expected to stagnate: Production, year-on-year %-changes 2025 forecast 2024 (based on preliminary data) 2023 Chemicals & pharmaceuticals +0.5% +2.0% -7.9% Chemicals (ex pharma) ...
2024 gas and electricity pricesWhat can I do about high energy prices?Why are energy prices so volatile?What makes energy cheaper?What is the gas and electricity prices forecast for 2024? 2024 gas and electricity prices Since the introduction of Ofgem's energy price cap in January 2019, most...
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Additionally, the development of new nuclear power projects has been slow due to several factors, including safety concerns, public opposition, and high costs. The construction of new nuclear power plants has also faced delays and cost overruns. The ongoing Russia-Ukraine war has far-reaching ...
1 July to 30 September 2024£1,568 1 October to 31 December 2024£1,717 1 January to 31 March 2025£1,738 What was the Energy Price Guarantee? In October 2022, when Ofgem's price cap level was forecast to rise to £4,279 in January 2023, the Energy Price Guarantee was introd...
While significant progress has been madein the nine years since the landmark Paris Agreement, the global energy transition is entering a new phase, marked by rising costs, complexity, and increased technology challenges. To successfully navigate this next phase and meet the Paris Agreement goals, ...
-6Source:OxfordEconomicsLimited2024(history),Equinor(forecastfromApril2024) -6 14|EnergyPerspectives2024 Commodities Oil Macroeconomicconcerns,geopolitics,andOPEC+decisionswilldrivetheoilmarket. Oildemandcontinuestogrow,ledbyAsia,butuncertaintyaroundtheglobaleconomyand Chineseeconomicgrowthdampenstheoildemandoutlook....
Discover our new fundamentals-based forecast capabilities Featured Award OPIS AnalyticsPro Wins Gold OPIS AnalyticsPro was awarded Gold in the Technology, Programs and Solutions category of CStore Decisions’ 2024 Hot New Products Contest! This recognition highlights the cutting-edge solutions that Analyti...
The Singapore renewable energy market is expected to register a CAGR of more than 3% during the forecast period of 2022-2027. The COVID-19 outbreak in 2020 had posed risks for renewable energy projects in the procurement phase and construction works and delayed the deliveries of critical componen...
While the real exchange rate is difficult to forecast because of its high volatility (Meese and Rogoff, 1983, Obstfeld and Rogoff, 2000), it does not fluctuate erratically. Indeed, variables such as the net foreign asset position, productivity differentials, trade openness, public expenditure, etc...