| December 29, 2008 | ![]() |
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SKorea announces 28.5 bln dollar energy plan Seoul (AFP) Dec 28, 2008
South Korea on Sunday announced a massive investment plan to build more power plants, including 12 new nuclear reactors in the next four years, to meet growing energy demand. It plans to spend 37 trillion won (28.5 billion dollars) from 2009 through 2022 in constructing 12 commercial reactors and 19 thermoelectric power plants, the ministry of knowledge economy said in a statement. The m ... read moreOriginOil Announces Automation Of The Helix BioReactor System
Los Angeles CA (SPX) Dec 18, 2008OriginOil has announced the successful automation of its Helix BioReactor system. This breakthrough technology optimizes algae growth, making large-scale commercial algae production scalable. The design of the Helix BioReactor utilizes low-energy lights arranged in a helix pattern and a rotating vertical shaft design, which allows algae culture to replicate exponentially within a smaller i ... more
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Researchers Find Nature's Shut-Off Switch For Cellulose Production
West Lafayette IN (SPX) Dec 22, 2008Purdue University researchers found a mechanism that naturally shuts down cellulose production in plants, and learning how to keep that switch turned on may be key to enhancing biomass production for plant-based biofuels. Nicholas Carpita, a professor of botany and plant pathology, said that small-interfering RNAs (siRNAs) play a normal role in plant development by shutting off genes invol ... more Turning Over A New Leaf For Future Energy Supplies
Oldenburg, Germany (SPX) Dec 17, 2008A global energy supply based on biomass grown to generate electricity and produce fuel is a real possibility. According to Prof. Jurgen O. Metzger from Carl von Ossietzky University of Oldenburg in Germany and Prof. Aloys Huettermann from the University of Goettingen in Germany, it is both a sustainable and economical scenario, contrary to current thinking which suggests it is unrealistic. ... more New Processes Release Energy From Cellulose
Menlo Park CA (SPX) Dec 18, 2008The significant increase in global production of ethanol as a biofuel is driven by the need to decrease dependence on petroleum products and reduce pollution. In 2007, worldwide production of ethanol was over 57 billion liters, and in the U.S. alone, production exceeded 24 billion liters. Corn or sugarcane is the main feedstock for global ethanol production. Because the potential future gr ... more |
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China plans to avert US-style auto crisis: report
Shanghai (AFP) Dec 25, 2008China's top economic planning agency is drafting a stimulus package to save the automotive sector from a US-style crisis, state media reported Thursday. The National Development and Reform Commission is to send rescue plans to the cabinet by the end of the week, and if approved they are expected to be implemented in January, the Shanghai Securities News said, citing sources. Measures wil ... more China starts filling tanks at largest oil reserve: report
Beijing (AFP) Dec 25, 2008China has started filling tanks at its largest oil reserve, taking advantage of tumbling world crude prices, state media reported Thursday. The facility's 10 tanks, which have a total capacity of 6.3 million barrels, are operated by China National Petroleum Corp., the nation's top oil producer, and are located in the northwest Xinjiang region, the Xinhua news agency said. This is just th ... more Analysis: Brazil oil bidding tepid
Miami (UPI) Dec 24, 2008 Brazil earned nearly $40 million from the first round of bidding for oil and gas exploration rights, with state-run Petrobras picking up 27 lots, a lackluster opening round of bids sum attributed to concerns about the global economic slowdown and falling oil prices. The tenth round of annual bidding for blocs saw bids from only two large oil companies: Brazil's Petrobras and Royal Dutc ... more Thompson Files: Wisdom on the bailout
Arlington, Va. Dec 23, 2008 Like Ebenezer Scrooge awakening on Christmas morning to the error of his ways, U.S. President George W. Bush has belatedly discovered the danger of relying too much on market forces. Earlier this month Bush agreed to provide bridge loans to imperiled domestic automakers that collectively account for over a quarter of the world's largest car market -- and a sizable chunk of markets in Europe, Lat ... more |
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