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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

And the nuclear industry must quickly address the issues of cost overruns and project delays that have bedevilled the construction of new plants in advanced economies. While plant lifetime extensions require substantial investment, they generally yield a cost of electricity that is competitive with wind and solar in most regions.

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Tesla CEO Elon Musk shoots down reports of Gigafactory Russia

Teslarati

Tesla CEO Elon Musk has denied that the electric automaker has landed on a location for its fourth Gigafactory after reports indicated that Russia would be the location. Russian media outlets had indicated that the country’s officials confirmed Tesla would build its newest production facility in Russia.

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Growth of wind and solar has saved the EU €12 billion since Russia invaded Ukraine

Electrek

Growth of wind and solar power has saved the European Union (EU) €12 billion in avoided gas costs since Russia invaded Ukraine, according to a new analysis from energy think tank Ember. more… The post Growth of wind and solar has saved the EU €12 billion since Russia invaded Ukraine appeared first on Electrek.

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When Will Russia Run Out Of Oil?

Green Car Congress

Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. When will Russia run out of oil? million tons.

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

Green Car Congress

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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Energy and environmental costs of flying around closed airspaces

Green Car Congress

A recent article by Jacopo Prisco has documented the impact that closed airspace over Russia has on a one specific flight—a Finnair nonstop flight from Helsinki to Tokyo (Narita), using an Airbus A350-900.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

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.

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