The International Energy Agency forecasts that by 2030 1 billion people will still lack access to electricity.

Currently 38% of homes in Mozambique have electricity compared with just 7% of homes in 2004.

This month the world’s largest wind turbine was installed in Denmark. Its blade length is 75 meters (almost 250 feet), which is longer than the wing span of an Airbus 380 airliner. The off-shore turbine produces 6 MW of power.

China expects to have 3 GW of solar power installed capacity by 2015.

German solar power production rose by more than 50% on the year over the first nine months of 2012 amid a boom in installations of photovoltaic (PV) panels. Solar power output rose to 25,000 gigawatt hours in the January to September period, from 16,500 gigawatt hours a year earlier.

The UK and Denmark are discussing a shared electricity market by constructing an undersea cable under the North Sea connecting the two countries. The purpose would be to share excess green electricity produced in either country. The cable would be able to transfer around 700 MW, which is enough power for 700,000 homes.

The World Trade Organization (WTO) ruled that the Canadian province of Ontario’s green energy policy violated international trade rules. The WTO supported complaints from Japan and Europe that the province’s renewable energy policies discriminated in favour of local manufacturers and against firms operating outside the province.

In its annual World Oil Outlook, the Organization of the Petroleum Exporting Countries (OPEC) forecasts that fossil fuels will remain the main energy source in the coming decades with coal’s share growing and oil’s falling. The use of fossil fuels as a percentage of world energy use will decrease only marginally from 87% now to 82%t by 2035. By then, “coal use reaches similar levels as that of oil, with oil’s share having fallen from 35% in 2010 to 27% by 2035.” Today coal and oil supply about 31% (coal) and 34% (oil) of world commercial energy, ahead of natural gas at about 24%.

The World Resources Institute says 1,200 coal plants are being planned in 59 countries and about three-quarters of these plants will be in China and India. India is planning 455 new plants compared to 363 in China.

China appears to have stopped filling up its strategic petroleum reserve  – removing a big source of incremental demand from the global crude oil market. Early this year, Beijing pushed up oil consumption and prices by diverting millions of barrels of crude oil into its emergency reserve. New data suggest that the buying spree ended in early September.

China’s natural gas imports rose 26.4% year on year to 3.9 billion cubic meters (4.44 Bcf/day) in October, the National Development and Reform Commission said.

Japan’s Economy, Trade and Industry Ministry announced the country is planning the world’s first future’s market for liquified natural gas (LNG) with it being up and running by 2014. Japan imports substantial amounts of LNG to generate electricity now that it has closed its nuclear power plants.

 

 

with h/t Tom Whipple

 

 

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