Insight and inspiration in turbulent times.
European Commission regulators and the U.K. government are close to an agreement on a 1.5 billion-pound ($2.7 billion) state bailout for British Energy Plc, the country’s biggest power generator, people familiar with the situation said.
NEW YORK — Coal supplies at U.S. power plants are at their lowest levels in more than three years, sparking concern of possible blackouts this summer when demand is heavy for electricity to power air conditioners.
“Energy is at the core of virtually every problem facing humanity. We cannot afford to get this wrong. We should be skeptical of optimism that the existing energy industry will be able to work this out on its own.”
Producers currently discover about one barrel of “new oil” for every four barrels that are consumed worldwide, and there have been no large oil or gas discoveries in recent years. Anywhere. It gets worse. The world’s largest oilfields have been producing for many decades and now require heroic measures (such as pumping in seawater or steam) to coax the oil from the ground.
Two groups of researchers have independently brought forward evidence of intrinsic weaknesses in the North American power grid. Their analyses both conclude that massive power blackouts such as the one that took out New York last summer are likely to happen again.
New Zealand – News Roundup: Dramatic electricity price rises are on the horizon for homes and businesses this year.
The biomass power generation market could close its doors to wood recyclers if something is not done to address their misperceptions, an expert has said.
MOSCOW – Russia on Thursday declined Japanese pleas to back Tokyo’s bid to host a disputed nuclear fusion reactor as the global contest for the multi-billion project threatened to hurt relations among the participants.
Japan and France are vying for the right to build the world’s first such reactor, but the six members of the joint venture have so far failed to agree on the site. The plant would generate energy the same way the sun does.
Says products could pay for forest thinning
Up to 92% savings of the silicon wafers are achieved with Sliver cell technology. Extremely light cell with power to weight ratio greater than 1500 W/kg have also demonstrated.
Energy crisis threatens ‘world’s factory’
State energy officials cleared the way for one of the largest new power plants to be built in California since electricity deregulation with approval Wednesday of a power plant near Tracy that will produce enough energy for 1,000 homes.
