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China and India expected to dominate future energy growth
- 2011-07-10 17:56:13
- Junior Isles
Analysis from Frost & Sullivan's Annual Global Power Generation Forecasts 2011, shows that electricity generation will expand at a growth rate of 2.7 per cent through 2020, with the growth rate declining to 1.8 per cent per annum over the subsequent decade, as growth rate in the emerging markets becomes less pronounced and energy-efficiency measures begin to have a significant impact.
Saudi Arabia and Argentina sign nuclear cooperation deal
- 2011-06-29 10:52:42
- David Flin
The Saudi Arabian government has announced that it has signed a nuclear energy cooperation deal with Argentina.
Gazprom signals European generation ambitions
- 2011-06-21 23:31:39
- Junior Isles
Russia's Gazprom will attempt to gain entry into European generation markets after Germany's recent decision to phase out nuclear power, its export chief said.
IEA fears consequences of abandoning of nuclear power
- 2011-06-17 14:55:38
- Junior Isles
The International Energy Agency (IEA) has forewarned that the global consequences of abandoning nuclear power would be greater costs, emissions and power uncertainty.
European renewables rise on German nuclear news
- 2011-06-01 20:09:58
- Junior Isles
The share prices of European renewables companies surged after German Chancellor Angela Merkel announced the country will double its 2020 renewables target and close its 17 nuclear power plants by 2022.
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.
