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Colin Bennett

Dubai Cable Building First Aluminum Plant as Copper Losing - 0 views

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    "Copper is losing about 2 percent a year of demand to less costly materials such as aluminum, or about 500,000 tons, London-based researcher CRU estimates. Aluminum is a third the cost of copper and supplies of aluminum in warehouses monitored by the London Metal Exchange are almost 12 times higher."
Colin Bennett

Technology to help substitution challenges - 1 views

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    "The copper industry is already facing substitution challenges from materials like aluminium and needs to use technology to help ensure larger-scale, more permanent switches are not made, industry participants said. A group of panelists at the Metal Bulletin and American Metal Market Copper Seminar in New York on Wednesday June 6 said that while technology is clearly an opportunity for the industry, there are still some risks. According to Freeport McMoRan vp sales and marketing Steve Higgins, much of the "easy substitution" - such as plumbing tube or transformer lines - has already happened. "Substitution is less than 2% of refined demand today… It's a bit troubling, but it happens," he said. "The bigger worry is that aluminium is going to make inroads into products that have high switching costs - ACR tubing, motors, or into some medium to high voltage power cables and the like that the manufacturers have to go in and put in a lot of capital costs to convert. Once converted, switching back becomes "extraordinarily difficult," he said. "That's the biggest risk to our market as I..."
Colin Bennett

Glencore tweaks export model - 0 views

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    "BHP, Rio and Glencore have each denied they are engaged in aggressive tax avoidance strategies. Rio and BHP told the committee they had set up marketing hubs in Singapore not to pay less tax but to be closer to customers."
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Nanowire lawns make for sheets of image sensors - 0 views

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    Growing a mixed "lawn" of two kinds of nanowires can make a new kind of light-sensing array that could be made in metre-scale sheets. The researchers behind the prototype say such cheap, high-quality image sensors would allow uses not conceivable using today's more expensive technology. Current sensors, such as those found in digital cameras, are made like any other silicon chip - they are carved out from a block of material. The new nanowire sensors are instead built from the bottom up, using chemically-grown nano-sized components. A research team led by Ali Javey, at the University of California, Berkeley, developed the process. They start by growing an unruly "lawn" of nanowires on a surface. The crop is then printed onto another surface, a step that simultaneously tidies them up. "At the first stage, the nanowires are more-or-less standing up, like a bad hair day. But during the printing process, they effectively get combed," says Javey. The nanowires, which are a few tenths of a millimetre long and a few tens of nanometres wide, can be printed onto anything from silicon to plastic or paper. Whatever the surface, it must be prepared with a pattern that guides the nanowires to predetermined locations. To make the functioning sensor, two different "crops" of nanotubes are printed onto the same surface. Cadmium selenide nanowires produce electric charge when hit by light, while those made from silicon-coated germanium act as transistors to amplify that charge.
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Solar and Semiconductors Come Together In San Francisco - 0 views

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    The solar industry and semiconductor industry are intimately connected. Both industries rely on silicon and both use much of the same processing technology and supply chain to produce their products. Nowhere has this connection been on better display than last week at the Moscone Center in San Francisco California, where the Intersolar North America made its debut in conjunction with SEMICON West 2008. The show provided an opportunity for those in the two industries to connect and allowed those companies that work in both spaces to showcase their collective efforts. According to Chris O'Brien, Head of Market Development and Government Relations for North America for Oerlikon Solar, holding the two conferences together gave companies greater exposure and showed the promise of the U.S. solar market. In recent months a number of traditional semiconductor companies including Intel and National Semiconductor have made announcements that they are making plans to enter the solar industry in one way or another. Intel spun off it's solar research area into a new solar company called SpectraWatt. National Semiconductor announced that it will be introducing it's first solar product, SolarMagic, that could raise the efficiency of residential and industrial solar systems. Kevin Kayser, Senior Marketing Manager at National said that he product will be targeted at installers and integrators and much planning went into the company's decision to enter the solar space. "Photovoltaics currently has less than 1% of the energy market, but we think it has potentially one of the fastest growth rates of any alternative energy source. Now certainly we're looking at wind, we're looking geothermal, we're looking at other sources, but from an electronics point of view we saw that we had the most immediate potential impact in solar photovoltaics," Kayser said.
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Mongolian Resources At Risk From New Laws - 0 views

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    Mongolia's political parties are locked in post-election squabbling, but once the dust settles a new government could finally pass deals to tap the coal, copper and uranium that sit beneath its vast deserts and grasslands. But analysts say the deal that goes ahead would be less than ideal for either Mongolia or foreign investors, with the country better served by taxing its mineral wealth, rather than seeking direct government ownership in massive mines. The current law gives the state either a 34% stake or a controlling 51 percent stake in mining projects. An investment agreement with Ivanhoe Mines and Rio Tinto for the Oyu Tolgoi project, still under negotiation, would be the first such deal.
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Solar Cooling - 0 views

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    Compared to other solar energy applications, solar cooling is a relatively new, but growing, technology. Many projects using the technology are still for the purposes of demonstration only, but a growing number of systems are being implemented all over the world for conventional use. In order to give an insight into this innovative technology, detailed information about the possible technical applications of solar cooling systems is provided in this section.\n\nPassive solar cooling, based on bioclimatic strategies such as sun protection using natural screening devices or increased cooling by using ponds or water basins o the roof or close to the external walls, is widely applied and should be the first step to take in cooling a building. Such measures are easier and less costly to implement, they decrease the need for additional cooling and, therefore, for additional energy demand (and also for investment). Sufficient insulation of the building also decreases the need for cooling, as well as for heating.\n\nIf the outcome of these measures is not sufficient in itself, a solar assisted cooling system may be an intelligent solution. In solar assisted cooling systems solar heat is used to drive the cooling process for air conditioning in buildings. Instead of using electricity, free solar thermal energy is used for cooling through a thermal-chemical sorption process.\n\n
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MIT develops way to bank solar energy at home | U.S. | Reuters - 0 views

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    CAMBRIDGE, Massachusetts (Reuters) - A U.S. scientist has developed a new way of powering fuel cells that could make it practical for home owners to store solar energy and produce electricity to run lights and appliances at night. A new catalyst produces the oxygen and hydrogen that fuel cells use to generate electricity, while using far less energy than current methods. With this catalyst, users could rely on electricity produced by photovoltaic solar cells to power the process that produces the fuel, said the Massachusetts Institute of Technology professor who developed the new material.
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106 mpg 'air car' creates buzz, questions - 0 views

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    You've heard of hybrids, electric cars and vehicles that can run on vegetable oil. But of all the contenders in the quest to produce the ultimate fuel-efficient car, this could be the first one to let you say, "Fill it up with air." That's the idea behind the compressed air car, a vehicle its backers say could achieve a fuel economy of 106 miles per gallon. Plenty of skepticism exists, but with many Americans trying to escape sticker shock at the gas pump, the concept is generating buzz. The technology has been the focus of MDI, a European company founded in 1991 by a French inventor and former race car engineer. New York-based Zero Pollution Motors is the first firm to obtain a license from MDI to produce the cars in the United States, pledging to deliver the first models in 2010 at a price tag of less than $18,000.
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US Government Investing up to US $24M To Bring Solar Energy Online - 0 views

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    The U.S. Department of Energy (DOE) Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy John Mizroch announced recently that the DOE will invest up to US $24 million -- subject to the availability of funds -- to develop solar energy products that will hopefully accelerate the penetration of solar photovoltaic (PV) systems in the United States. \n\nWhen the projects are combined with the overall industry cost share of up to US $16 million, more than US $40 million in total could be invested in these SEGIS projects, with future federal funding subject to appropriations from Congress.\n\nThe Solar Energy Grid Integration Systems (SEGIS) projects will provide critical research and development (R&D) funding to develop less expensive, higher performing products to enhance the value of solar PV systems to homeowners and business owners. These projects are integral to the Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015. \n
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FCC Acquires Two PV Plants in Spain - 0 views

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    FCC has acquired two solar photovoltaic (PV) plants in Cordoba, Spain with an installed capacity of 20 megawatts (MW), from Sky Global Solar. The investment amounted to EUR 140 million [US $195 million]. This is FCC's second investment in renewable energy in less than a month. It also bought 14 wind parks with an installed capacity of 420 MW from Australian company Babcock & Brown Wind Partners (BBW).
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U.S. Doubles Wind Power Supply In 2 Years - 0 views

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    U.S. wind industry has raced past the 20,000-megawatt (MW) installed capacity milestone, achieving in two years what had previously taken more than two decades, according to new figures. The 10,000-MW mark was reached in 2006. Wind now provides 20,152 MW of electricity generating capacity in the U.S., producing enough electricity to serve 5.3 million American homes or power a fleet of more than 1 million plug-in hybrid vehicle, according to the American Wind Energy Association (AWEA). "Wind energy installations are well ahead of the curve for contributing 20% of the U.S. electric power supply by 2030 as envisioned by the U.S. Department of Energy," said AWEA Executive Director Randall Swisher. "However, the looming expiration of the federal renewable energy production tax credit (PTC) less than four months from now threatens this spectacular progress. The PTC has been a critical factor in wind's very rapid growth as a part of the nation's power portfolio." The PTC is currently set to expire at the end of 2008.
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Renewable Energy Focus - 0 views

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    COPENHAGEN, DENMARK, September 2, 2008. The Danish Ministry for Climate and Energy says a new 400 MW offshore wind farm will be built by 2012. The wind farm comes in addition to the 200 MW Rødsand II (online from 2011) and 200 MW Horns Rev II (online from 2009), and will be built between Anholt and Djursland in the Kattegat Sea between Denmark and Sweden. The location was chosen due to the possibility of connecting the wind farm more or less directly to the existing grid, which means the windmills can be put up quicker. Depending on the capacity of the windmills that will be chosen, the wind farm will have 100-175 wind mills.
Colin Bennett

China aluminum export hits seven-year low - 0 views

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    China exported 17,646 tons of aluminum not forged or rolled in January, far less than the 77,422 tons exported in last December and the 70,108 tons for the average monthly export of 2008.
Colin Bennett

Mercedes-Benz plans to ditch petroleum-powered vehicles from its lineup - 0 views

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    In less than 7 years, Mercedes-Benz plans to ditch petroleum-powered vehicles from its lineup. Focusing on electric, fuel cell, and biofuels, the company is revving up research in alternative fuel sources and efficiency.
Colin Bennett

EU lawmakers agree recycling goals to cut landfill | Environment | Reuters - 0 views

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    The European Parliament voted for the goal of recycling or re-using half of the main types of EU household waste by 2020 and 70 percent of all waste from building and demolition. Over 1.8 billion tonnes of waste are generated each year in Europe, equating to 3.5 tonnes per person, of which less than a third is recycled.
Colin Bennett

Hydrogen absorbing metal for batteries - 0 views

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    Amsterdam, Nov 5 : A researcher has shown that that an alloy of the metals magnesium, titanium and nickel is excellent at absorbing hydrogen, and is sixty percent less than a battery pack, which brings the world a step closer to the everyday use of hydrogen as a source of fuel for powering vehicles.
Colin Bennett

Oil-rich nations 'seek majors expertise' - 0 views

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    Dave O'Reilly, chief executive of Chevron, said the oil-rich countries that erected barriers to international oil companies amid the run-up in commodity prices were now seeking their expertise in managing the drastic fall. "They're back now looking for [our] investment,'' Mr O'Reilly told Chevron's annual analysts' meeting. The high prices had led countries such as Venezuela and Russia to raise barriers to the international oil companies, which have gone from control of 85 per cent of the world's oil reserves in 1970 to less than 10 per cent now. With prices on the rise, these countries did not feel they had to be as careful with their resources; some began managing their own oil and gas and failed to reinvest adequate profits to maintain production.
Colin Bennett

Energy, utilities & mining - US power utilities - 0 views

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    Unable to retrench like their unregulated counterparts, utilities are investing more than they were just a few years ago while paying record spreads over risk-free rates for financing. At the same time, revenues are under pressure due to softening power prices and an economically driven drop in demand. The past three months have seen a 1.8 per cent drop in US power usage versus the same period a year ago, according to the Edison Electric Institute. Adding insult to injury, Macquarie Research reckons regulators might become less generous when setting rates since compressed Treasury note yields may be used to justify a lower regulated return on equity.
Colin Bennett

Sterlite to buy Asarco assets for $1.7bn - 0 views

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    Sterlite Industries, India's largest metals producer, has said it is to buy the operating assets of bankrupt US copper miner Asarco for $1.7bn, nearly $1bn less than the price it had agreed in November last year.
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