24/7 Energy News Coverage
May 05, 2011
ENERGY NEWS
China facing electricity shortages
Beijing (UPI) May 4, 2011
China is grappling with power shortages in advance of the summer peak consumption season. For example, the township of Songsha, in east China's Zhejiang Province, home to more than 1,000 umbrella manufacturers, has experienced power blackouts every four days since March. State-owned news agency Xinhua reported Wednesday that the National Development and Reform Commission, China's top economic planner, said that about 20 provinces, autonomous regions and municipalities have been rationing ... read more

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TRADE WARS

US says China less welcoming to business
US Commerce Secretary Gary Locke said Wednesday it was increasingly difficult to do business in China and called restrictions on foreign investment a major impediment to relations. ... more
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POLITICAL ECONOMY

News Corp. net profit down 21 percent
The lack of a new blockbuster hit like 2009's "Avatar" helped push third-quarter profits down 21 percent, media and entertainment giant News Corporation said Wednesday. ... more
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POLITICAL ECONOMY

Geithner: China exchange rate 'untenable'
The days when China could rely solely on exports to fuel economic growth are over and Chinese policy makers should let their currency strengthen at a faster pace to spur domestic buying, U.S. Treasury Secretary Timothy Geithner said. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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CIVIL NUCLEAR

France denies reactor programme halted
France's energy minister denied Wednesday that a plan to build a second latest generation EPR nuclear power station had been put on hold, as the head of the country's biggest energy firm had claimed. ... more
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CIVIL NUCLEAR

EU nuclear plant stress tests to start in June: Hungary
Stress tests on nuclear power stations in the European Union will start in June, EU president Hungary announced Wednesday, following an informal meeting of European energy ministers this week. ... more
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CHIP TECH

Intel chip breakthrough a boon for mobile gadgets
Intel on Wednesday proclaimed a significant chip breakthrough that should result in packing more power into mobile devices while safeguarding precious battery life. ... more
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TRADE WARS

China 'regrets' US criticism of IPR protection
Beijing said Wednesday it regrets a US decision to place China on a priority watch list for weak protection of intellectual property rights and called on Washington to fairly assess its efforts. ... more
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SMOS mission reveals 15-year global forest carbon storage trends
Pacific microstate sells first passports to fund climate action
Great Barrier Reef suffers most widespread bleaching on record
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TRADE WARS

Glencore sets share price in year's biggest IPO
Commodities giant Glencore has set a price for its dual initial public offering in Hong Kong and London, which will be the world's biggest so far this year, a report said Wednesday. ... more
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ENERGY NEWS

Australians turning off carbon tax: poll
Australians are increasingly opposed to a carbon tax to combat climate change with support for the government's proposal plunging over the past two months, a poll released Wednesday showed. ... more
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BIO FUEL

Formidable fungal force counters biofuel plant pathogens
Fungi play significant ecological and economic roles. They can break down organic matter, cause devastating agricultural blights, enter into symbiotic relationships to protect and nourish plants, or ... more
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SOLAR DAILY

Solar power, with a side of hot running water
MIT researchers and their collaborators have come up with an unusual, high performance and possibly less expensive way of turning the sun's heat into electricity. Their system, described in a ... more
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SOLAR DAILY

Rice University parlays sun's saving grace into autoclave
Rice University senior engineering students are using the sun to power an autoclave that sterilizes medical instruments and help solve a long-standing health issue for developing countries. Th ... more
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SOLAR DAILY

SunBorne and Suntech Partner for 100MW of Solar Projects in India
SunBorne Energy and Suntech Power Holdings have entered into a framework agreement for the supply of 100MW of solar panels over the next two years for projects in India. Suntech will supply 28 ... more
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SOLAR DAILY

NJR Clean Energy Ventures Announces Solar Project
NJR Clean Energy Ventures (NJRCEV) has announced an agreement with the Village at Manalapan Solar to lease 13 acres of land in Manalapan, New Jersey, for a state-of-the-art, ground-mounted solar sys ... more
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SOLAR DAILY

Constellation Energy To Acquire 30 MW Solar Installation in Sacramento
Constellation Energy has announced that it acquired a 30-megawatt DC (25-megawatt AC) solar generation project in Sacramento, Calif., from utility-grade photovoltaic power plant developer Belectric, ... more
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Space News from SpaceDaily.com
Space Force taps five firms to develop secure global tactical satcom solutions
SES Secures 5 Year Army Contract for Global Tactical Satellite Communications
Royal Canadian Navy selects MDA Space for next generation drone surveillance systems
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ENERGY TECH

FuelCell Energy To Develop Clean-Coal Fuel Cell Power Plant
FuelCell Energy has announced an $11.7 million cost share award from the U.S. Department of Energy (DOE) for Phase III of the Solid State Energy Conversion Alliance (SECA) coal-based systems program ... more
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TIME AND SPACE

Nature of bonding determines thermal conductivity
Optical data carriers such as DVDs, Blu-rays and CD-RWs store data in layers of so-called "phase change materials". In the future, these materials will enable the development of fast, non-volatile a ... more
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ENERGY TECH

Study helps explain behavior of latest high-temp superconductors
A Rice University-led team of physicists this week offered up one of the first theoretical explanations of how two dissimilar types of high-temperature superconductors behave in similar ways. ... more
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ENERGY TECH

Gazprom wants to speed up Sakhalin-3
Russian energy giant Gazprom plans to speed up drilling at the Sakhalin-3 project to move natural gas quicker to Asia, a company official has said. ... more
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ENERGY TECH

China to increase maritime surveillance
China is to boost its maritime patrol service by at least 10 percent in the face of increasing incursions into Chinese territorial waters. ... more
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AEROSPACE

Japan quake, Mideast turmoil hit air travel: IATA
The earthquake in Japan and turmoil in North Africa and the Middle East hit international air travel last month, wiping about two percentage points off demand, the top airline industry body said on Tuesday. ... more
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CAR TECH

Fuel-efficient vehicles drive GM, Ford US sales
US automakers General Motors and Ford reported Tuesday robust US sales in April driven by a shift to more fuel-efficient vehicles amid rising gasoline prices. ... more
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CAR TECH

Saab reprieved with cash and keys in China
Saab on Tuesday finally secured much-needed financing through a 150 million-euro partnership with a Chinese carmaker its Dutch owner Spyker hopes will unlock the Chinese market and boost sales for the struggling Swedish brand. ... more
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Military Space News, Nuclear Weapons, Missile Defense
Dogs of war: China touts killer robot 'wolves'
US government gets a year of ChatGPT Enterprise for $1
Russia hints at deploying mid-range missiles after ending INF moratorium
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ENERGY TECH

GCC rejects Iran claim, says 'Gulf is Arab'
Interior ministers of the six-nation Gulf Cooperation Council on Tuesday denounced Iranian claims and said the Gulf did not exclusively belong to the Islamic state. ... more
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CIVIL NUCLEAR

Slovakia puts off new Jaslovske nuclear unit till 2025
Slovakia's nuclear watchdog said Tuesday a new reactor unit at one of the country's nuclear power plants won't come on line before 2025 after construction was put off by five years or more. ... more
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POLITICAL ECONOMY

ADB chief warns on inflation, capital flows
Asian governments must keep a tight rein on inflation and may need to consider controls on capital flooding into the region, the Asian Development Bank (ADB) chief said Tuesday. ... more
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AEROSPACE

Korean Air to spend $1.58 billion on passenger jets
South Korea's flag carrier Korean Air said Tuesday it would buy a total of seven passenger planes from Airbus and Boeing for nearly $1.58 billion. ... more
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CIVIL NUCLEAR

Police arrest five men near British nuclear plant
British police arrested five men under anti-terrorism legislation close to a nuclear plant, but said Tuesday the case appeared to be unconnected to the death of Al-Qaeda chief Osama bin Laden. ... more
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TRADE WARS

China drug firm eyes $2.2 bln Hong Kong IPO
Shanghai Pharmaceuticals, one of China's biggest drugmakers, plans to raise as much as $2.2 billion in an initial public offering ahead of its market listing in Hong Kong this month. ... more
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ENERGY TECH

BP fined $25 million over Alaska oil spill
BP has been fined $25 million and ordered to spend an estimated $60 million to improve pipeline safety in Alaska after a 2006 oil spill there, US authorities said Tuesday. ... more
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CAR TECH

Saab obtains 150 mln euro funding in China: Spyker
Saab and its owner Dutch carmaker Spyker have signed a strategic partnership agreement in China under which the embattled Swedish car maker will obtain 150 million euros in funding, Spyker said on Tuesday. ... more
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