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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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In today’s context of the global energy crisis, skyrocketing fossil fuel prices, energy security challenges and ambitious climate commitments, I believe nuclear power has a unique opportunity to stage a comeback. However, a new era for nuclear power is by no means guaranteed.

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EIA: US ammonia prices rise in response to higher international natural gas prices; up by a factor of 6 in two years

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The US price of ammonia, the primary source of nitrogen fertilizer, has risen by a factor of six in the past two years, and most of these increases have occurred since March 2021, according to the US Energy Information Administration (EIA). Although US natural gas prices also rose, they ended the 2021–22 heating season at close to $5.00/MMBtu,

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Roland Berger: Russian embargo against the Western automotive industry would hit Russia harder

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A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., As Russia struggles with an ailing economy, rising inflation and a volatile currency, there’s no sign of a recovery any time soon, the consultancy said. —Uwe Kumm.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

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UGES generates electricity when the price is high by lowering sand into an underground mine and converting the potential energy of the sand into electricity via regenerative braking and then lifting the sand from the mine to an upper reservoir using electric motors to store energy when electricity is cheap. Dabek, P.B., Brandão, R.,

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Tesla is experiencing order rate increases in the U.S. because of soaring gas prices: report

Teslarati

Tesla is reportedly seeing increased order rates in the United States this week after soaring gas prices have helped some drivers transition to electric vehicles to avoid paying astronomical amounts at the pump. AAA data suggests the average cost of a gallon of gas is currently $4.318, up nearly 60 cents since last week and nearly $1.50

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Tesla Model 3 and Model Y receive latest round of price increases in US and China

Teslarati

The long range variants of the Tesla Model 3 sedan and Model Y crossover have received a $1,000 price adjustment in the United States. In China, select variants of the Model 3 and Model Y also received a price increase of RMB 10,000 (about $1,500). This is hinted at by the fact that the base Model 3 RWD did not see a price increase.

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