Energy

IAEA forecasts 60 % more nuclear plants by 2030

Last month, a speech on the future of nuclear energy at the International Atomic Energy Agency stated that the amount of nuclear plants worldwide is due to rise by 60 percent by 2030. This would bring the amount of nuclear reactors to around 700, a figures that has to be compared to the current 435 …

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Decreasing the energy use of the IT sector

By reading the UNEP feeds, I came across an interesting report on the huge possible energy and money savings in the information and communication sector. According to a new report by the Climate Group and the Global e-Sustainability Initiative, worldwide savings could reach 500 billion Euros (800 billion USD) by 2020. This would lead to …

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Switzerland is considering building a new nuclear plant

After Russia, the United Kingdom and Italy, Switzerland is the fourth European country in just a few months to seriously think about building new nuclear reactors. This occurs as current Swiss nuclear reactors are due to close around 2020 and the energy demand is increasing in an important way and this is due to continue. …

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Renewables aren’t perfect solutions

As I stated previously, no energy solution answer perfectly to all our needs. Renewables are no exception as they also suffer from two main issues : low energy density and intermittance. According to the French magazine Science & Vie, this poses a serious problem which compromises the dream of a future where we would get …

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IEA urges for a technology revolution

The International Energy Agency released today an interesting report urging once again its members to work on technologies that might solve the energy-climate equation. Stating that it is now or never, the experts believe that if nothing was done CO2 emissions would soar by 130 percent by mid century when in the opposite, they need …

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Oil prices above $130

As I am speaking, the crude oil prices at the New York Mercantile exchange are above $130. This occurs only 15 days after oil prices reached $120. This is a strong acceleration in the oil prices increase as previously it took around two months for oil prices to increase by ten dollars. The cause for …

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Oil prices reached $120

Yesterday, the price of sweet light crude rose for the first time in History over the $120 limit at the New York Mercantile Exchange. As it was the case previously, this is due to the weakness of the US Dollar and to supply concerns of OPEC members (this time, it is Iran and Nigeria). Oil …

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Huge European investments in renewables

According to Greentech Media, European utilities are “major movers in the renewable energy space“. They also are becoming global leaders compared to their US competitors. So far, more than 86 Gigawatts of renewable electricity capacity have been installed and an additional 100 GW are to be implemented by the eight “green giants”. This concerns companies …

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