balance

France's New Strategy: Renewable Energy Must Support Power Grid Stability

2 months ago

In a significant statement, the head of the French electricity grid operator RTE, Xavier Piehl, emphasized the need to integrate renewable energy sources into the overall electricity supply structure of the country. According to Piehl, the increasing share of renewables in generation requires a careful approach to load balancing within the grid, as their unpredictability can pose risks to system stability.

Saudi Arabia's External Balances Weakening Due to Oil Drop, IMF Reports

3 months ago

According to the latest report from the International Monetary Fund (IMF), Saudi Arabia's external balance, which includes the export and import of goods and services, is expected to weaken significantly as a result of declining oil prices. The drop in hydrocarbon prices, the kingdom's primary source of revenue, has threatened economic stability and may impact future social programs.