2019, November, 20, 12:00:00DRAMATICALLY IMPORTANT: NUCLEAR POWER
"We need to replace 70-90% of carbon resources of energy by 2050 in order to avoid overheating the Earth," he said, adding that two-thirds of the world's population still relies on biomass. An alarming projection, he said, is that by 2050 African nations will be consuming as much energy per capita as they do now, but their population will have doubled to 1.4 billion. "This will have dramatic implications for healthcare, employment and migration in the future," he said. "Only nuclear power can stop this migration by helping to develop the region."
2019, November, 18, 12:50:00INVESTING IN ENERGY STORAGE
There’s a need for all stakeholders to be engaged in the conversation about how we transition to smarter, cleaner, and safer mobility systems. The investment and infrastructure to support electric mobility will vary significantly from one place to another, thus any approach needs to be market specific.
2019, November, 18, 12:45:00AES STREAMLINES ASSET MANAGEMENT
AES is a Fortune 500 global power company that provides affordable, sustainable energy across 14 countries. Efficient processes are key to business success. Measure solved pain points that plagued their inspection data workflow, including tools for better aerial data collection, automated data sorting, and visual data analysis. They eliminated manual processes such as manual entry of inspection results into SAP.
2019, November, 15, 14:20:00OIL PRICES 2019-20: $64-$60
Brent crude oil spot prices averaged $60 per barrel (b) in October, down $3/b from September and down $21/b from October 2018. EIA forecasts Brent spot prices will average $60/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.
2019, November, 13, 12:25:00FRANCE'S NUCLEAR POWER DOWN 7.6%
EDF said total output since the start of the year stood at 317.3 TWh, down 1.3% compared with the same period a year ago.
2019, November, 8, 10:45:00TURKEY'S RENEWABLE ELECTRICITY: 46%
Renewable energy resources have accounted for 46% of Turkey's electricity generation so far this year, Energy and Natural Resources Minister Fatih Dönmez said Tuesday.
2019, November, 1, 13:40:00SAUDI ARABIA'S POWER PLANT $11.5 BLN
Saudi Aramco announced its intention to establish the Jazan Power Joint Venture. The JV will be 46% owned by Air Products, 25% by ACWA Power, 20% by Saudi Aramco and 9% by Air Products Qudra.
2019, October, 11, 11:20:00ENEL BOND EUR2.5 BLN
Enel Finance International N.V. (“EFI”), the Dutch-registered finance subsidiary of Enel SpA (“Enel”), today launched a multi-tranche “sustainable” bond for institutional investors on the European market totalling 2.5 billion euros. The bond is linked to the achievement of the United Nations Sustainable Development Goals (SDGs) and is the Group’s first “General Purpose SDG Linked Bond” issued on the European market.
2019, October, 9, 13:20:00OIL PRICES 2019-20: $59-$57
EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020,
2019, October, 9, 13:15:00CLIMATE, ENERGY CHANGES
Global efforts to tackle climate change are futile as long as opposition to nuclear power persists, delegates heard at the opening session of the International Atomic Energy Agency's International Conference on Climate Change and the Role of Nuclear Power. It is the Vienna-based agency's first conference on this topic.
2019, October, 9, 13:10:00THE NEW NUCLEAR POWER INVESTMENTS
"Greater magnitudes of uncertainty lead to volatility," he said, "and for a capital-intensive sector like ours, this means less investment and more risk to security of supply. This is especially true in power markets that are open to competition: their market design must be adaptive, and long-term contracts used for all types of generation."
2019, October, 9, 13:00:00ITER, CNPE CONTRACT
A contract for Tokamak machine assembly for the ITER International Fusion Energy Organisation signed by a consortium led by China Nuclear Power Engineering Corporation (CNPE) is the biggest nuclear energy project contract that Chinese companies have ever bid for in the European market.
2019, October, 2, 11:45:00NUCLEAR POWER - 2050: UPDOWN
The new projections to 2030 see generating capacity declining by some 8% in the low case and increasing by 25% in the high estimate. By 2050, it’s seen falling by 6% in the low scenario and rising by 80% in the high case. Compared with last year, the new estimates to 2050 are down by 33 GW(e) in the high case and up by 15 GW(e) in the low case.
2019, September, 26, 13:25:00CLEAN NUCLEAR POWER
Nuclear reactors are the unsung heroes as we set out to respond to the climate change challenge. The need for nuclear energy has never been greater - there simply is no other energy source which can deliver deep decarbonisation within the necessary timeframes.
2019, September, 25, 15:05:00WORLD ENERGY CONSUMPTION WILL UP BY 50%
the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Most of this growth comes from countries that are not in the Organization for Economic Cooperation and Development (OECD), and this growth is focused in regions where strong economic growth is driving demand, particularly in Asia.