Energy News of the Week (Jul.28-Aug.3, 2014)

2020/12/22

< Asia >
Clean energy is govt's mantra: Prakash Javadekar
Times of India-by Vishwa Mohan-Aug 2, 2014
Noting the potential of solar energy, the report said most parts of India had between 300 and 330 sunny days in a year (equivalent to over 5,000 trillion kWh per year of energy), which can be harnessed through heat and electricity.

Japan Bets on Hydrogen's Potential to Diversify Energy Sources
Businessweek-Jul 30, 2014
The hydrogen market in Japan is set to expand to 1 trillion yen ($9.8 billion) by 2030 and 8 trillion yen by 2050, according to a government report.

< North America >
The Amazing Story of America's Coming Energy Independence
Motley Fool-by Travis Hoium-Aug 2, 2014
U.S. net imports of crude oil and petroleum products have dropped a whopping 58% from late in 2005, when net imports peaked at 13.59 million barrels per day.

< South America >
Abe says time for 'new chapter' in Japan, Latin America relations
Reuters-Aug 2, 2014
When asked whether the BRICs bank could diminish Japan's influence globally, Abe declined to comment but said that he hopes the new bank is implemented under the same governance standards of other global multilateral institutions.

< Africa >
Will 'Power Africa' Help Grow Sustainable Energy?
AllAfrica.com-Jul 31, 2014
While recognising the role that this emerging initiative plays in elevating U.S. dialogue with Africa, a valid question could be asked about the extent to which it contributes to sustainable energy alternatives in Africa.

< Europe >
EU 2030 energy efficiency target shows 'lacklustre ambition'
TheParliamentMagazine.eu-Jul 30, 2014
The Ukrainian crisis has highlighted the vulnerability faced by the EU due to its overreliance on energy imports. The EU imports 60 per cent of its gas and 80 per cent of the oil it consumes.

< Australia >
Garbage in, garbage out: why the latest renewable energy target review is trash
The Guardian-Jul 31, 2014
In fact, the Deloitte report reveals that if the RET were reduced, revenues for existing fossil fuel generators would increase by up to $5.652 billion, while greenhouse gas emissions would skyrocket by 8%.

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