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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

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

Russia 458
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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Although they are targeting an initial implementation France, they see it as broadly applicable. Diagram: Isabelle Plat. Click to enlarge.

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Global Bioenergies and Cristal Union form JV to produce renewable isobutene

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Global Bioenergies, a developer of one-step fermentation processes for the direct and cost-efficient transformation of renewable resources into light olefins, and Cristal Union, the 4 th largest European beet producer, have formed IBN-One, a joint venture to build and operate the first plant in France converting renewable resources into isobutene.

Renewable 150
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Tesla Motors will have a bumpy year. presence in Indianapolis. More than 2.2

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

Asia 186
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

Russia 150
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259