Australia’s Federal Resources Minister, Keith Pitt, has declared that the national nuclear waste storage facility will be at Napandee, near Kimba, on South Australia’s Eyre Peninsula. The choice was widely expected as the […]
PI News Feed
Peak Oil Demand Could Have Serious Consequences For Energy Security
Motorists line up for gas on the first day of gas rationing imposed on nine California counties … [+] following the 1979 revolution in Iran that caused a shortage of crude oil. […]
Global Investment In Clean Energy Must Triple To Meet Climate Goals, Leading Energy Agency Warns
Topline Investment in clean energy is just a third of what is needed to meet future net zero goals, fight climate change and avoid turbulent energy markets, the International Energy Agency warned […]
E-methanol: Missing piece to shipping’s decarbonization puzzle?
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel. Approximately 80% of the world’s traded goods move via ship. But the […]
Small nuclear reactors, huge costs
Even by the standards of the Minerals Council of Australia (MCA), the new report published by the country’s most influential coal lobby on the subject of small modular nuclear reactors (SMRs) is jiggery-pokery […]
Economic Pain Forces The Energy Transition Narrative To Shift
Smart grid and global network concept. getty The past two weeks saw a significant shift in the overarching narrative surrounding the energy transition, as the previous narrative of a rapid shift away […]
$200-Per-Ton Coal And Soaring Use Of Oil For Power Are Proving ‘The Iron Law Of Electricity’
An open-cast coal mine near Mahagama, in the Indian state of Jharkhand on April 5, 2019. Coal demand … [+] in India is outstripping supply and some of the country’s power plants […]
Who Should Pay To Plug Abandoned Oil Wells?
Who should be responsible for plugging abandoned oil and gas wells, Big Oil, or the government and taxpayers? That’s the question being raised as the U.S. faces an increasing abandoned oil well […]
Moody’s: Oil Industry Must Spend $542 Billion To Avoid Supply Shock
Global annual upstream spending needs to increase by as much as 54 percent to $542 billion if the oil market is to avert the next supply shortage shock, Moody’s said in a […]
U.S. EIA Projects Nearly 50% Increase in World Energy Use by 2050, Led by Growth in Renewables
In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and […]