" />
Building a world of
resilient communities.

MAIN LIST

 

ODAC Newsletter Oct 5

Welcome to the ODAC Newsletter, a weekly roundup from the Oil Depletion Analysis Centre at nef dedicated to raising awareness of peak oil.

News of Turkish military retaliation to a mortar round fired from inside Syria spooked oil markets this week. Former Arab League envoy to Syria Kofi Annan has warned that there is a danger that the Syrian conflict could spread and destabilise the region, although the Turkish Prime Minister said on Thursday that his country had no intention of starting a war. Meanwhile, Syria's ally in the region, Iran, saw internal unrest in response to a plummet in the value of the Iranian rial. The currency crisis has at least partially been brought on by tightening western sanctions in opposition to Iran's nuclear programme.

The UK's nuclear plans took another hit this week as yet another potential bidder to build new capacity pulled out of the race. A consortium of Areva and China Guangdong Nuclear Power Corporation decided not to bid for the Horizon project, which is up for sale following the exit from Britain's nuclear scene of RWE and E.ON. The government put a brave face on it, but concern is rising over the strike price that will be needed to attract any investors. Add to this a report by the European Commission, saying that a safety review of Europe's reactors turned up hundreds of issues which could push costs up further; the odds on a nuclear solution to the energy crisis are looking thin.

On the renewables front this week, the government reversed a decision to exclude small-scale renewable generators, 50kW to 5MW, from the RO Renewable Obligations scheme from April 2013. Meanwhile there was considerable press interest in the potential for liquid air technology as a way of filling the intermittency gap for renewables, following the launch of a working group at the Institution of Mechanical Engineers. Not a silver bullet even if it can be scaled, but energy storage is one important element for the eventual elimination of fossil fuels.

View our Reports and Resources page

Disclaimers

Oil

Oil Falls After Biggest Gain in Two Months; Set for Weekly Drop

Back to top

Alarm bells on the longevity of oil wells in Saudi Arabia

Back to top

Iraq oil output likely to hit 3.4m bpd in 2012

Back to top

Gas

Cabot's Methodology Links Tainted Water Wells to Gas Fracking

Back to top

Poland aiming to enact new shale gas law in 2013

Back to top

EU preparing to ban gas imports from Iran

Back to top

Nuclear

EU nuclear reactors need 10-25 billion euros safety spend

Back to top

EU energy chief 'satisfied' with nuclear safety despite critical report

Back to top

Favourite for UK nuclear reactor contract ends bid

Back to top

UK is haring off down the wrong path on new nuclear power plants

Back to top

Cumbria councils defer nuclear waste storage search

Back to top

Renewables

Microgenerators to remain eligible for RO subsidy

Back to top

Liquid air 'offers energy storage hope'

Back to top

California Governor Jerry Brown green lights renewable energy push

Back to top

The world-leading UK windfarm built with little British involvement

Back to top

UK

Twenty gas-fired power stations planned for the UK

Back to top

Cheshire energy-from-waste plant gets green light

Back to top

The green deal still has big gaps to plug

Back to top

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


Tar sands, trade rules and the gutting of human rights for corporate profit

A new report released today from IATP takes an in-depth look at how tar …

Energy Crunch: [redacted]

The government’s case for shale looked increasingly shaky last week as …

Could BC Become a 100% Renewable Energy Region?: Trucking, Ships and Planes

How can we switch BC’s freight transportation from diesel and gasoline …

Peak oil notes - Aug 21

 A mid-week update. After falling for two days, oil prices …

A New Frontier for Fracking: Drilling Near the Arctic Circle

Hydraulic fracturing is about to move into the Canadian Arctic, with …

The Shale Sugar Lick

A well known American comedian, Ron White, quips about the amount of sugar …

Peak Oil Review - Aug 18

A weekly review including: Oil and the Global Economy, The Middle East & …