Category: Energy

Tensions Brew In The Caspian Sea With Russia’s Latest Move

Since the collapse of the USSR in 1991, the nations that border the Caspian Sea – namely Russia, Iran, Azerbaijan, Turkmenistan and Kazakhstan – have quarrelled over how to properly divide its waters. With as much as 250 billion barrels of recoverable oil, 200 billion barrels of potential reserves and 9.2 trillion cubic meters of recoverable natural gas, at stake, tensions have risen over recent moves by Russia to develop its offshore resources.

Barely A Year After Fukushima, IEA Says: Embrace Nuclear

The latest report from the IEA is not going to please environmentalists. Accordingly, the IEA admonishes governments for not fully embracing renewable energies – including nuclear energy. But to be fair, there is a desperate need to focus on nuclear power if we are to meet growing energy demand. The only question then that remains is whether governments have the cash and political will to consider embracing nuclear.

The good news is that on 8 November the International Energy Agency released its 2011 “World Energy Outlook.”

Fracking Hell: Hydraulic Fracturing Confirmed As Cause For Increased Earthquakes In US

Hydraulic fracturing, or “fracking” as it is otherwise known, is the process by which pressurized water is used to fracture rock layers thus releasing petroleum, natural gas, or other substances so that they can be extracted. But while oil and gas companies have taken out very expensive media campaigns to promote the benefits of the technology, genuine concerns have emerged over its environmental and ecological impact.

On 5 November an earthquake measuring 5.6 rattled Oklahoma and was felt as far away as Illinois.

Dirty Oil, Dirty Tactics – The Keystone XL Pipeline: Jody Williams & Desmond Tutu

If the Keystone XL pipeline, which would run from Alberta, Canada to the Texas coast, goes forward, it would spell disaster for efforts to combat climate change. But defenders of the pipeline are using dirty tactics to promote dirty oil. If these tactics succeed, the very future of our planet could be at stake.

Egypt’s New Wind of Change

Wind power may currently only contribute to less than 1 percent of Egypt’s energy output, but most experts believe that it has the potential to meet the nation’s energy needs. The largest bottleneck thus far to expanding Egypt’s wind power facilities, though, has been in securing funding for the development. But with the overthrow of the Mubarak government coupled with newer, and more ambitious plans for the industry, there is renewed optimism for a wind-powered revival in the country.

Electricity Industry

The final product of the electricity industry is among the fastest growing forms of end-use energy. Due to spiraling energy demand, the electricity industry is expected to grow significantly till 2030.

Electricity Industry: Growth

The electricity industry has grown significantly and is expected to continue to do so. Attribute 2006 2007 2012* Market Value $1,166.6 billion $1,465.9 billion $2,641.2 billion Consumption 13,218.3 TWh 14,620.6 TWh. 19,981.3 TWh*forecast1 TWh = 1 Terawatthour

Energy Industry Report

Energy Industry

The energy industry is primarily controlled, and governed by leading countries like USA, France, Russia, China and India. The energy industry comprise of energy sources like biomass, electricity, hydrogen, hydro power, natural gas, coal, nuclear power, petroleum, solar power and power wind. The energy industry is principally dependent on fossil fuel energy sources. Energy industry encompasses all the associated sub industries like petroleum industry, gas industry, electrical power industry, nuclear power industry, and unconventional energy industry.

Nuclear Energy Industry

Solar Energy Industry