Nuclear

Cal on October 17th, 2017

France’s largest bank, BNP Paribas, announced it would no longer finance companies whose main business is the exploration, production, trading, or marketing of crude oil and natural gas from shale or tar sands projects.  The bank will also no longer finance liquefied natural gas (LNG) terminals that predominantly liquefy and export gas from shale projects, […]

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Cal on October 2nd, 2017

The government of Singapore announced it intends to install solar panels across all new Housing Development Board blocks. The South Asian Republic receives an average annual solar irradiance of 1,580 kilowatts per metre squared per hour, and up to 50% more solar radiation than other temperate countries. Using photovoltaic cells, solar power is likely to be the […]

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Cal on September 29th, 2017

Hedge fund Bridgewater Associates believes that almost half of the jobs in the next two decades will be replaced by artificial intelligence. CEO Ray Dalio said: “By in large, the world is going to largely consist of people who can take language and put it into code, which then allows the computer to operate like a […]

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Cal on September 21st, 2017

The US Energy Information Administration projects world energy consumption will increase by 28% between 2015 and 2040. Over that period coal demand will remain flat while renewable energy will be the world’s fastest-growing energy source. Nuclear energy is expected to be the second fastest-growing source. China and India will account for more than 60% of the world’s […]

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Cal on September 16th, 2017

The nuclear industry’s recent record of delivering projects without huge slippage in time and costs is dismal. If the nuclear industry is to have a future in a world of increasingly competitive renewable energy sources, it will clearly need to become more reliable when it comes to the construction of new plants. —- Financial Times, Offshore […]

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Cal on September 13th, 2017

Hurricane Harvey appears to be the most destructive event for cars in the history of the US. Based on early estimates floodwaters destroyed hundreds of thousands of vehicles causing US auto companies to bump up production beyond their original plans for this year. Ethylene is one of the most important petrochemicals on the planet and much […]

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Cal on September 11th, 2017

The Australian Energy Market Operator (AEMO) is forecasting a crippling 1 gigawatt energy shortfall in 2022, as Australia’s coal power plants begin to shut down, potentially leading to electric power shortages and rising prices for consumers. In particular, the proposed closure of the Liddell coal-fired power station in 2022 will materially increase the risk of […]

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Cal on August 28th, 2017

Energy consultancy Wood Mackenzie says that until 2035 crude oil will remain the most high-demand fuel source in the world, closely followed by coal and natural gas. Nuclear power, meanwhile, will remain a key mid-level energy source.  Growing industrial demand from the Asia-Pacific region is likely to see oil sustained as the top energy source. China’s total […]

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