The International Energy Agency is forecasting the use of natural gas as a motor fuel will increase from the current 1.4% share of the market for transportation fuel in 2010 to 2.5% in 2018. High taxes have made petrol prices in the Netherlands the highest in Europe. The average price of petrol in the Netherlands [...]
Hydro Power
India’s Supreme Court has ruled against environmental groups and approved the commissioning of the Kundankulam Nuclear Power plant built by the state-owned Nuclear Power Corp with the help of the Russians. Russia will spend $21 billion through to 2015 for development of its nuclear power industry. The next generation nuclear power plants will be used [...]
Nuclear fusion was in the news this week as work on the International Thermonuclear Experimental Reactor (ITER) continues. (You can get some background on ITER here and here). In Nuclear Fusion – Possible at Last? OILPRICE wrote that ITER is our generation’s “Manhattan Project” with 34 nations representing more than half the world’s population joining [...]
Continue reading about The Energy Blog World: The Week in Review (Part 1)
The US Energy Information Administration predicted that, in spite of population growth, US energy use per capita will decrease from 2011 to 2040. Yahoo reports that while the US population is expected to increase 0.9% each year until 2040 and the economy is also expected to increase by an average annual rate of 2.5%, energy [...]
Continue reading about The Energy Blog World: The Week in Review (Part 2)
A mathematical model developed by a team of scientists at Spanish universities confirms the United Nation’s lower bound estimate that global population will stabilize around 6.8 billion people by 2050. This number is below the current figure of 7 billion. Declining fertility rates is the main reason for the slowing population. China will soon become [...]
With two nuclear reactors already creating electricity, Japan intends to open another six by the end of this year. Only Fukushima type reactors will remain closed. Prior to the 2011 Fukushima tragedy, Japan had 50 operating reactors. China has overtaken the US as the world’s largest net importer of crude oil, in a generational shift [...]
A new study found that Canadian energy companies are factoring higher carbon-related costs in their investment, planning, and technology decisions. The study, prepared by the Ottawa-based think-tank Sustainable Prosperity, found the companies are using a self-imposed, internal carbon price as they plan for the future, suggesting they’re anticipating a day when carbon tax or cap-and-trade [...]
Energy consumption by China rose 3.9% in 2012 from the previous year. Coal represents 66.4% of the total energy consumed, with oil and natural gas accounting for 18.9% and 5.5% respectively, according to an estimate by the Diyi Caijing economic daily. The rest is mainly provided by hydro and nuclear. According to the International Energy [...]
