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Switzerland to phase out nuclear power
- 2011-05-26 10:52:04
- David Flin
On May 25, the Swiss Government decided that it would phase out nuclear power, and seek alternative energy sources.
Iraq signs natural gas deal with Iran
- 2011-05-24 10:27:49
- Junior Isles
Iraq has signed a new five-year deal to import natural gas from Iran to ease its electricity woes, an official has said. The agreement deepens Iraqi economic ties with Tehran as US troops prepare to leave at the end of this year.
ExxonMobil predicts boom in gas demand
- 2011-05-24 10:26:27
- Junior Isles
Global demand for natural gas is expected to balloon in the next two decades according to a recent forecast from ExxonMobil. Rob Gardner, manager of the economics and energy division at the ExxonMobil corporate strategic planning department, predicts gas will become a key area of investment as fuel demand for power generation surges.
UK power reform proposals criticised by MPs
- 2011-05-20 02:08:38
- Junior Isles
UK MPs have criticised the government’s current power market reforms and cast doubt on their ability to deliver enough investment for improved energy infrastructure, in a climate change committee report.
Japan abandons nuclear power expansion plans
- 2011-05-12 10:51:51
- David Flin
Japan’s Prime Minister, Naoto Kan, has announced that the country will abandon plans to expand its nuclear power industry, and instead will make renewables a key part of its energy policy.
Electric cars could help balance the UK grid
- 2011-05-11 13:54:01
- Junior Isles
Electric vehicles may help the UK cope with erratic renewable power generation in the future by recharging when demand is low and supplying the network when demand is high, the National Grid has said.
Fukushima won’t affect Pakistan-China nuclear cooperation
- 2011-05-11 06:55:45
- David Flin
The accident at Japan’s Fukushima nuclear power plant will not affect civil nuclear cooperation between Pakistan and China, Masood Khan, Pakistan’s Ambassador to China said. He said that plans to work with China to build two more 340 MW nuclear reactors at the Chashma facility in Punjab province would go ahead as scheduled.
UK report says nuclear is cheapest low carbon option
- 2011-05-10 17:11:10
- Junior Isles
The UK coalition government’s renewable energy review has declared nuclear to be the most cost-effective form of low-carbon power generation in the short-term, while renewables are described as key to decarbonising the UK economy in the medium to long-term.
Taipower to let public decide on nuclear power
- 2011-05-09 11:28:16
- Junior Isles
State-run Taiwan Power Company (Taipower) has softened its push for more nuclear power, saying that it is the people's decision whether to continue nuclear power generation.
Siemens to report profit increase
- 2011-05-04 10:36:11
- Junior Isles
German industrial conglomerate Siemens AG is set to report a significant increase in net profit on a one-time gain from the sale of a minority stake in nuclear power venture Areva NP, while its order book is set to benefit from the continuing rebound across its business lines.
