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Cal on December 1st, 2014

The current official cost for ITER (the International Thermonuclear Experimental Reactor) is at least €13 billion (US$16 billion), compared with an initial estimate of €5 billion, However, many in the nuclear community believe this latest figure is likely to be an underestimate. A collaboration between the European Union, China, India, Japan, South Korea, Russia and […]

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Cal on November 19th, 2014

The International Energy Agency in its latest World Energy Outlook says the slowdown in the growth of demand for energy to 1.1% per year is attributed primarily to countries becoming more efficient in using energy. (Video of IEA presentation here.)  The IEA says the transport sector is in the leader for energy efficiency improvements. More […]

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Cal on November 12th, 2014

  Common Dreams worried World War III is here and energy is largely behind it.  Many of the current conflicts around the globe have energy as a focal point. It can be no accident that the raging fights in Syria, Iraq, Libya, and the Ukraine all coincide with areas rich in energy resources or for […]

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Cal on November 11th, 2014

Russia and China signed a second major natural  gas supply deal just a few months after a similar $400 billion deal was signed. The new agreement envisions 30 billion cubic meters of Russian natural gas going to China through a new pipeline from western Siberia, whereas the previous agreement had gas coming from eastern Siberia. […]

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Cal on November 1st, 2014

With several Asian nations cutting government subsidies for oil products, a marked economic slowdown in China, and a sluggish US economy, large increases in demand for crude oil products seem unlikely in the immediate future.  Global oil prices have fallen 25% since June.  Countries affected the most by dropping oil prices are Iran and Russia […]

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Cal on October 21st, 2014

Lockheed Martin said it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade. An official said that a small team had been working on fusion energy at Lockheed’s […]

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Cal on October 14th, 2014

The world is becoming awash in oil. The average price of benchmark OPEC crude oils dropped below $90 a barrel for the first time in more than two years amid reduced demand and ample supplies. The OPEC Basket, a weighted average of main crude oil grades, slipped to $89.37 a barrel mid-week. Global demand growth slowed […]

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Cal on October 8th, 2014

The Guardian provided us with a user’s guide to the solar revolution. The post reviews the new book by Keith Barnham which discusses the physics and history that led to the development of solar power. Barnham is professor emeritus in the physics department at University College London. Barnham finds it hugely significant that the US […]

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