Indian Budget 2010: Positive Vibes and Steel Springs Forward
February 27, 2010
Tata Steel posts Q3 consolidated profit; outlook improves | www.livemint.com
The steel sector's weakness over the past two years has been a stark reminder of its cyclical nature. From 2003 through 2007, the industry had record-breaking production, profits and expansion. However, the global recession affected it severely. In background of this Tata steel's stellar performance in the third quarter signals a spring back for the global steel industry. Stimulus funding and the positive vibes of the Indian Budget 2010 will advance the recovery and growth of this sector.
Chinese Solar Firms Signal Cleantech Exit From IPOs?
February 19, 2010
JA Solar ups outlook, as Jinko shelves IPO | www.businessgreen.com
Despite strengthening global demand and their low cost structure relative to US and European rivals it has not been all plain sailing for Chinese solar firms JinkoSolar confirming and Chinese polysilicon maker Daqo New Energy announcing plans to postpone their IPO in the U.S. Meanwhile some well known domestic American companies have recently announced IPOs. What does this mean for them, and the near future of public exits in cleantech?
China and Europe Negotiate an Icebreaker with Turmenistan as Gazprom Blunders?
February 8, 2010
Turkmenistan gains, Gazprom loses in new pipeline | www.commodityonline.com
The Central Asia-China gas pipeline which is a US$7.3bn project, 1,833 km long with 188 km going through Turkmenistan, 530 from Uzbekistan to Kazakhstan, and 1,115 km from Kazakhstan to China has been inaugurated on the 14th December.The West-East Gas Pipeline crossing China is over 4,500 km long, making of the joint pipelines the longest in the world. With this Turkmenistan, so far dependent on Gazprom for 70% of its export of natural gas has now better options.
US Jobs: Recovery Act To Sustain Growth of Wind Power
February 6, 2010
U.S. has highest cumulative wind power capacity, China has most new capacity | latimesblogs.latimes.com
The global wind market for turbine installations in 2009 was worth about 45 bn EUR or 63 bn US$. GWEC estimates that around half a million people are now employed by the wind industry around the world. US too has the highest wind capacity installed year to year in 2009.Therefore though the national unemployment rate continues to be a concerning 10 percent, job growth in the the wind industry goes highest in decades, touching more than 27 percent for US alone with capacity increase of 39 percent.
Copenhagen Onwards! Indo US Deal and Nuclear Infrastructure
January 24, 2010
Another Indian nuclear reactor becomes operational | www.ptinews.com
It is reported that a indigenously designed reactor in India has been commissioned thus adding to an existing fleet of eighteen reactors. As currently most important developing countries are understandingly reluctant to discuss binding limits in the energy sector because they are seen as inconsistent with their development, exemplary deals as involving nuclear technology in India will encourage new infrastructures and lower emissions. This news has far reaching implications post Copenhagen.
South Korea-UAE Nuclear Deal:Future Lies in Low Cost Advanced Nuclear Reactors
December 31, 2009
S. Korea, UAE, sign nuclear reactors deal | www.upi.com
For the first time South Korea is to export to UAE under the latest deal worth 20 Billion dollars their indigenously developed advanced APR-1400, a Generation III pressurized water reactor.Similarly in China demonstration of a Chinese AP1000 derivative moved a step closer with a joint venture project company. Construction of the first CAP1400 is scheduled for April 2013. While India races to complete its indigenous Fast Breeder Reactor, the harbinger of futuristic nuclear energy supply.
Atomstroyexport Extends India's Nuclear Winter: Huge Delay In Kudankulam 2X1000
December 15, 2009
Indo-Russian N-plant faces supply hurdle | www.financialexpress.com
The Russian nuclear reactor supplier Atomstroyexport had won the contract for India's showcase Nuclear Power Corporation of India Ltd’s (NPCIL) $3 Billion 2,000-mw nuclear power project at Kudankulam in Tamil Nadu. But even after seven years, the plant is a nonstarter casting shadows on the Indo-Russian nuclear deal, signed by Prime Minister Manmohan Singh in Moscow to scale up India's nuclear power plans which gave Atomstroyexport a deal for a further 2X1000MW at the same site.
Rediscovering Small is Beautiful Part 2
December 14, 2009
B&W’s baby | www.neimagazine.com
This is sequel to my article titled Nuclear Future:The World Rediscovers Small is Beautiful published in the GLG news in Sept 2009 which pertained to the birth of the Westinghouse modular AP1000 to overcome the regulatory hurdles besetting new nuclear power plant build, this article deals with a model of a really small factory produced, firm priced nuclear reactor of size 125MW per reactor costing only half a billion dollars from Babcock and & Wilcox ,delivery three years.
Biofuels from nonfood chain feedstock sources are viable alternative fuels
November 4, 2009
Biofuels do harm, aren't they? | pellets-wood.com
The biofuels and alternative energy project models that were originally based on feedstock materials from the food chain commodities have been shown to a failure, something many already knew.Not only did they add to the upward pressures on food chain commodities, especially corn and soyoil, they brought added deforestation pressures in several developing economies.Additional fertilizers and pressures on already low water supplies in some areas were additional exacerbations to the equation.The new generation of feedstock for biofuel production will be from nonfood chain sources and will add new benefits into the biofuel equation.
China Strategy Or Good Time to Hedge For The Inevitable Gas Price Rise In 2010
September 21, 2009
What's Driving Natural Gas? | seekingalpha.com
Because of the industry downturn, relatively mild winter, and reduced cooling demand in the summer, demand for natural gas has been seriously curtailed. But supply and production levels cannot easily adjust to lowered demand.Thus natural gas futures price hit a 7 year low, dipping below $3 to $2.68 per MMBTU in beginning September 2009, and have been headed lower. Gas prices have tumbled roughly 80% from last year’s high above $13.
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
It's too early in the game to write off Shtokman
December 8, 2011