A 700 seat convention centre, restaurants and arcades are all solar powered. There will be two more soon.
Archive for May, 2011
Soils are now “critically dry” in 6 countries. Nuclear reactors could be forced offline.
Beijing flinches in the face of soaring demand and the problem of fixed prices for utilities facing high coal costs.
So asks Larry Elliot in the Guardian. Finding the ATM machines closed, standing in a flood, with the lights out may finally do the trick. Governments’ quick response to the prospect of a banking collapse in 2008 gives a whiff of what might be possible.
In this 9 minute ABC interview, posted on You-tube but only used in part in ABC’s Catalyst programme on peak oil, I talk about the reasons for concern, and best case / worst case in the threat assessment.
A Sublime magazine column by Jeremy Leggett argues that there is huge scope for individual and community action to change the world.
EU Ministers are not supporting other countries that want tar sands named in a fuel quality directive.
The ethics commission reports to the government and the decision is ratified. Share prices for renewables surge.
Hence $70-80 a barrel is good price for the Kingdom, says Prince Alwaleed bin Talal.
Tax collection, privatisation of state assets etc will be overseen. In return for these severe conditions, Greece gets €30-35bn until end 2013. There is still much opposition from EU governments, and the deal could yet unravel.
The IEA’s latest figures suggest to them that 2C is now almost out of reach. 2010 saw 30.6 GtCO2 emissions, up 1.6 Gt on 2009. Three quarters of the rise comes from developing countries, and much of it is locked in from new recently constructed power plants. Yet climate was not even discussed at last week’s G8 Summit.
The market is tiny, but has huge growth prospects in the face of drivers including a projected 12% electricity shortfall at hours of peak demand. Grid parity could be just 6-8 years away. ”The solar sector has the potential to transform the Indian economy in a way the IT sector transformed the Indian economy in the 90s. Industry should grab this golden opportunity.” The Jawaharlal Nehru National Solar Mission, launched in late 2009, set a target of a 22,000 megawatt production capacity in on- and off-grid production, to be realized by 2022.
The five ageing Swiss plants will not be replaced at the end of their lives between 2019-2035. They provide 40% of Swiss energy.
Investors are asking more about how the industry will face up to production risks. Some US states and cities are going it alone in opposing unconventional gas production. Pittsburgh has banned fracking.
In submissions to the Weightman Enquiry, experts argued that power could be outed in Sellafield by terrorists attacking outside the fence, flood damage needs to be considered more, multiple failures are possible even without earthquakes, and so on.
National Grid upgrades wind prediction from 85 to 87%, meaning more 1.5 GW fossil-fuel capacity can be saved.
BP’s future supplies look to be in trouble. Offers are also being considered from Exxon and Chevron.
Government’s have not done enough, Cable says. He favours Buffett’s view that the MBS crash was an atomic bomb and there are hydrogen bombs out there.
Having successfully called a small commodities correction, the bank is now bullish again.
So argues Natalie Kopytko in New Scientist. Hurricanes and flooding are expected to increase. In 1999, the Blayais plant in France was flooded by a high tide, causing severe damage to two reactors.
Earthquakes and other natural disasters will be included in the finalised conditions, but terrorism will be left to national security agencies.