Water shortages caused by a drought has caused significant problems for generation of hydro power in Chile. This, along with natural gas shortages from Argentina are causing potential brownouts or power cuts. Similar to the recent situation in South Africa, Chile’s power problems are affecting commodity prices, primarily copper.
With oil prices over US$100/barrel, China’s independent refineries are understandably balking at supplying at a loss. The government is forcing independent suppliers to take the brunt of the massive inflation affecting the country, causing shortages to even Shanghai and Beijing.
February 26, 2008 (The Australian) – A move to develop a national agenda to create a multi-billion-dollar industry producing liquid transport fuels from coal and gas will be launched today by the Rudd Government.
Resources Minister Martin Ferguson will use a conference in Brisbane to set the scene for gas and coal offsetting Australia’s huge and growing oil import bill.
Australia last year spent $7.5 billion on energy imports, more than it gained from selling oil, gas and coal overseas.
The country has only about eight years of oil at current rates of extraction but more than 100 years of gas and about 600 years of coal. Continue reading
February 16, 2008 (Jakarta Post) – The idea of introducing nuclear power to Indonesia is nothing more than a vehicle for a few needy individuals to gain public attention. Any moderately educated engineer will agree that Indonesia’s need for electricity is widely decentralized so nuclear power or large coal power plants are the ideas of people lacking technical understanding.
It should be common knowledge that “the transmission of electricity over long distance comes with huge loss.” There are very few countries in the world with better chances than Indonesia to realize enormous decentralized energy generation at low cost or even free for the country.
Indonesia has a potential 27,000 MW of geothermal sources requiring low investment of which currently only 837 MW are in use. Why? Because Pertamina, PLN and the government have not, over the past 30 years, managed to give the many waiting investors investment security. Continue reading
February 14, 2008 (Economic Times)- India’s failure to agree a biodiesel policy has forced firms to shelve expansions plans, putting it way behind energy-hungry rivals like China in the drive to greener fuels, a top industry representative said. The delay has also left edible oil processing companies, which have built capacity to turn 1.2 million tonnes of jatropha into biodiesel, in the lurch and $227 million poorer, said Sandeep Chaturvedi, head of the Biodiesel Association of India. Continue reading
February 12, 2008 (Bernama) – Carbon Capital Corporation Sdn Bhd will join hands with Japan Carbon Mercantile Co. Ltd to develop a multi-feedstock diesel plant in Tanjung Manis in Sarawak, Jatropha and oil palm plantations as well as a biogas renewable projects in the state covering five years involving investments no less than RM1 billion initially.
The multi-feedstock plant would have an annual capacity of about 240,000 tonnes per year and bulking facilities in Tanjung Manis while the Jatropha and oil palm plantations would cover an acreage of 100,000 hectares. Continue reading
From: Jeroen van der Veer, Chief Executive
To: All Shell employees
Date: 22 January 2008 Subject: Shell Energy Scenarios
In this letter, I’d like to share reflections about how we see the energy future, and our preferred route to meeting the world’s energy needs. Industry, governments and energy users – that is, all of us – will face the twin challenge of more energy and less CO2.
This letter is based on a text I’ve written for publication in several newspapers in the coming weeks. You can use it in your communications externally. There will be more information about energy scenarios inthe months ahead.
By the year 2100, the world’s energy system will be radically different from today’s. Renewable energy like solar, wind, hydroelectricity and biofuels will make up a large share of the energy mix, and nuclear energy too will have a place.
Mankind will have found ways of dealing with air pollution and greenhouse gas emissions. New technologies will have reduced the amount of energy needed to power buildings and vehicles.