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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

But a range of both advanced and emerging economies have recently announced energy strategies that include substantial roles for nuclear power as well as considerable financial incentives to invest in it. Nuclear is today the second largest source of low emissions power after hydropower, with nuclear plants in 32 countries.

Russia 458
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Russia, China partner on engine for a long-range wide-body aircraft

Green Car Congress

The United Engine Corporation (UEC, part of Rostec State Corporation) signed a memorandum with the Chinese company AECC Commercial Aircraft Engine Co., The Memorandum determines the objectives and main principles of interaction in the joint development of a gas turbine engine for a prospective long range wide-body aircraft (LRWBA/C929).

Russia 150
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Nornickel places CNY 5 billion exchange-traded bonds

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel producer, as well as one of the leading platinum and copper producers, announced the successful placement of CNY (Chinese Yuan) 5 billion (~US$716 million ) exchange-traded bonds (series БО-001Р-06-CNY) on 22 December. The bonds mature in 3.5

Russia 170
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IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

Oil markets have returned to relatively stable ground with Brent prices within a narrow $40-$45 per barrel range and could conclusively pass the $50 per barrel mark in the second half of 2021, according to Roger Diwan and the IHS Markit Energy Advisory Service. bbl in 2020 and $49.25/bbl bbl in 2021—up $7.09/bbl bbl and $5.25/bbl,

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smart fortwo electric drive to be launched in China by year’s end

Green Car Congress

Daimler’s smart brand will bring the smart fortwo electric drive to market in China by year’s end, becoming the first European importer to sell a fully electric vehicle on the Chinese market. The Chinese government has now given the green light for approval of the zero-local-emission runabout.

China 218
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Is Russia’s Hypersonic Missile Vulnerable?

Cars That Think

Over the past five years, China and Russia have introduced them into their arsenals, prompting the United States and other nations to develop their own hypersonic weapons and enhanced air-defense systems to counter this threat. Russia is carefully guarding the secrets of its hypersonic program.

Ukraine 134
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Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. Geely has established CKD facilities in partnership with local partners in Russia, Ukraine, Indonesia and a new CKD plant came online in Egypt in mid-2012. In addition, plans for new production facilities in Ethiopia and Brazil are well under way.

2012 225