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Energy Net

Radioactive waste facility gets green light (The Daily Yomiuri) - 0 views

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    A bill to revise the Japan Atomic Energy Agency Law to allow the construction of a site to dispose of low-level radioactive waste passed the House of Councillors on Wednesday. The revised law designates the agency as a body responsible for constructing and managing waste sites. JAEA will draw up a construction plan based on guidelines to be formulated by the Education, Science and Technology Ministry and will start looking at candidate sites for the facility with an eye on starting operations a decade later.
Energy Net

EU steps up energy technology race with U.S., Asia | Green Business | Reuters - 0 views

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    Europe has launched a campaign to triple funding for energy research to 8 billion euros ($11.7 billion) a year in a technology race with China, Japan and the United States, but said industry would have to pay the bulk. "We don't have much choice if we are serious with tackling climate change and remaining competitive," European research commissioner Janez Potocnik told reporters on Wednesday. "In January 2009, U.S. President Obama announced investment in renewable energy and China presented a recovery plan focused on clean technologies," he added. "It is good news... however, it represents quite a challenge for the European position." Solar power should get 16 billion euros over the next decade and up to 30 energy-cutting "Smart Cities" should be built with the backing of around 11 billion euros, said the European Union's executive, the European Commission.
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    Europe has launched a campaign to triple funding for energy research to 8 billion euros ($11.7 billion) a year in a technology race with China, Japan and the United States, but said industry would have to pay the bulk. "We don't have much choice if we are serious with tackling climate change and remaining competitive," European research commissioner Janez Potocnik told reporters on Wednesday. "In January 2009, U.S. President Obama announced investment in renewable energy and China presented a recovery plan focused on clean technologies," he added. "It is good news... however, it represents quite a challenge for the European position." Solar power should get 16 billion euros over the next decade and up to 30 energy-cutting "Smart Cities" should be built with the backing of around 11 billion euros, said the European Union's executive, the European Commission.
Energy Net

45 percent of world's wealth destroyed: Blackstone CEO | Reuters - 0 views

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    Private equity company Blackstone Group LP (BX.N) CEO Stephen Schwarzman said on Tuesday that up to 45 percent of the world's wealth has been destroyed by the global credit crisis. "Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience at the Japan Society. "This is absolutely unprecedented in our lifetime." But the U.S. government is committed to the preservation of financial institutions, he said, and will do whatever it takes to restart the economy.
Energy Net

Will Renewable Energy Get Us Out Of The Recession? : TreeHugger - 0 views

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    Nikkei Business Publications recently announced the results of a survey conducted with engineers in Japan's manufacturing industry on the current global recession. They were asked hard questions about the impact of the recession and measures to cope with it. I am a little surprised that they turn out to be such tree-huggers: an overwhelming number thinks solar cells, electric, fuel-cell and hybrid vehicles - and even wind power - could provide the breakthroughs we need to get out of the current recession.
Energy Net

Energy chief: Flat production driving oil prices - Business- msnbc.com - 0 views

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    AOMORI, Japan - Nations should fight rising oil prices by cutting subsidies and vastly increasing investment in energy, while oil-producing countries need to ramp up output and divulge more information about how much they produce, the U.S. energy secretary said Saturday.
Energy Net

Top World Oil Producers, Exporters, Consumers, and Importers, 2006 - Infoplease.com - 0 views

  • 1 Total oil production  Exporters2 Net oilexports  Consumers3 Total oilconsumption  Importers4 Net oilimports  1. Saudi Arabia 10.72  1. Saudi Arabia 8.65  1. United States 20.59  1. United States 12.22  2. Russia 9.67  2. Russia 6.57  2. China 7.27  2. Japan 5.10  3. United States 8.37  3. Norway 2.54  3. Japan 5.22  3. China 3.44  4. Iran 4.12  4. Iran 2.52  4. Russia 3.10  4. Germany 2.48  5. Mexico 3.71  5. United Arab Emirates 2.52  5. Germany 2.63  5. South Korea 2.15  6. China 3.84  6. Venezuela 2.20  6. India 2.53  6. France 1.89  7. Canada 3.23  7. Kuwait 2.15  7. Canada 2.22  7. India 1.69  8. United Arab Emirates 2.94  8. Nigeria 2.15  8. Brazil 2.12  8. Italy 1.56  9. Venezuela 2.81  9. Algeria 1.85  9. South Korea 2.12  9. Spain 1.56 10. Norway 2.79 10. Mexico 1.68 10. Saudi Arabia 2.07 10. Taiwan 0.94 11. Kuwait 2.67 11. Libya 1.52 11. Mexico 2.03     12. Nigeria 2.44 12. Iraq 1.43  12. France  1.97     13. Brazil 2.16 13. Angola 1.36  13. United Kingdom  1.82     14. Iraq 2.01 14. Kazakhstan 1.11  14. Italy  1.71     NOTE: OPEC members in italics.
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    This is an important reference for anyone wanting to look at the number that are driving the current energy crisis.
Energy Net

Story of TEPCO's thermal power plant on the day of earthquake and tsunami - News - The ... - 3 views

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    TOKYO --Caved-in roads, warped pipes, washed away cars, and mounds of rubble and earth -- the premises of the Hirono thermal power station of Tokyo Electric Power Co., Inc. (TEPCO), located in Iwaki City, Fukushima Prefecture, was completely devastated after being struck by the massive earthquake and tsunami on March 11. On March 18, a week after the earthquake, the Denki Shimbun was able to interview three workers of the power plant. While little information has been reported to date as to damage suffered by thermal power plants, the interview provided a glimpse of actual conditions. At the time when the earthquake occurred, the Hirono power station's units 2 and 4 were in operation, units 1, 3 and 5 were off line, and unit 6 was under construction. Units 2 and 4 shut down automatically upon detecting the strong tremor of the earthquake. At the unit 6 construction site, dozens of workers were installing the steel frames of the turbine and boiler buildings. Some of them were working as high as 30 m above the ground. When the workers were shaken by the sudden tremor, they had no option but to cling to the steel frames for the time being. All workers climbed down to the ground and evacuated immediately after the tremor had subsided.
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