Energy

Oil prices jumped $25 in a single day

Yesterday took place a historic event as oil prices gained no less than $25 in a single day to settle finally at $120. Since my last post on this topic, oil prices neared $150 to go back to $90 last week. This important volatility makes it harder to rely on this energy source and shows […]

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The European Union steps back on biofuels

After Germany, it seems that the whole European Union is willing to steps back on its support to biofuels as they are one of the main reason for the recent riots of hunger. First generation biofuels’ use are competing directly with the traditional consumption of cereals: food. Even worse, some studies have shown that they

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US Congress should extend renewables tax credit

According to the Daily Green, the US Congress should renew as soon as possible its tax credit for renewable energy companies and this for four different reasons. From high oil prices to the unemployment rate and from climate change to the unrest of some oil producing regions, there are several grounds for us to want

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The USA are the Saudi Arabia of energy conservation

As I mentioned in a previous article, the US oil billionaire T Boone Pickens believes his country is the Saudi Arabia of wind energy. This may be true. But according to the Daily Green, America also has the potential of saving up to ten million barrels per day by doubling the fuel efficiency of all

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Google invests in Enhanced Geothermal Systems

Google is really interested in renewable energy sources. After putting millions in solar and wind energies, they are this time investing in harvesting the ground’s energy. Focusing this time on a specific technology called Enhanced Geothermal Sytems – EGS for short – Google is putting 10.25 million USD (7 million euros) on the table. EGS

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Coal demand is increasing and due to keep on doing so

You perhaps think that with the rise of renewable energies and the new era of nuclear power, coal demand is decreasing and that this energy will soon be a relic of the past ? Sorry to disappoint you, but according to Clean Technica, the reverse is occurring as to them : ” coal demand is

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GDF Suez : A French energy giant is born

As the official website was launched today,  I would like to write about this major event in the energy industry. After two years of talks a new giant energy company is born : GDF Suez. The company is the product of the merger of Gaz de France and Suez. The group weights nearly 75 billion

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T Boone Pickens’ energy plan

As I was mentioning in Monday’s article, the US billionaire T Boone Pickens issued a most impressive plan on energy independence for the United States of America. Mainly based on the massive use of wind energy, alongside with solar, this plan might bring huge changes in the United States’ energy mix and greenhouse gases emissions.

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IAEA forecasts 60 % more nuclear plants by 2030

Last month, a speech on the future of nuclear energy at the International Atomic Energy Agency stated that the amount of nuclear plants worldwide is due to rise by 60 percent by 2030. This would bring the amount of nuclear reactors to around 700, a figures that has to be compared to the current 435

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Decreasing the energy use of the IT sector

By reading the UNEP feeds, I came across an interesting report on the huge possible energy and money savings in the information and communication sector. According to a new report by the Climate Group and the Global e-Sustainability Initiative, worldwide savings could reach 500 billion Euros (800 billion USD) by 2020. This would lead to

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