Tag: energy

World’s space agencies propose setting up climate observatory

PARIS, France (AFP) — The heads of several of the world’s space agencies have proposed the creation of a climate observatory to pool acquired data and share it with scientists around the globe, according to a declaration adopted Monday in Paris. On the eve of the One Planet Summit organised in the French capital, the space agencies’ chiefs met to discuss climate monitoring from space, including such areas as greenhouse gases, water resource management and the use […]

Energy-saving LEDs boost light pollution worldwide

by Kerry Sheridan Agence France Presse MIAMI, United States (AFP) — They were supposed to bring about an energy revolution — but the popularity of LED lights is driving an increase in light pollution worldwide, with dire consequences for human and animal health, researchers said Wednesday. The study in the journal Science Advances is based on satellite data showing that the Earth’s night is getting brighter, and artificially lit outdoor surfaces grew at a pace […]

Coffee grounds to help power London’s buses

LONDON, United Kingdom (Reuters) — Waste coffee grounds will be used to help fuel some of London’s buses, Royal Dutch Shell and green energy company bio-bean said on Monday (November 20). A new biofuel, which contains part coffee oil, is being added to the London bus fuel supply chain where it can be used without the need for modification, according to bio-bean founder Arthur Kay. “Bio-bean has created a B20 fuel which is 20 percent […]

UN climate envoys agree on way forward, despite Trump

by Mariette le Roux and Marlowe Hood Agence France Presse BONN, Germany (AFP) — Negotiations to bolster the climate-saving Paris Agreement, crafted over two decades, closed in Bonn Saturday, deflated but not derailed by Donald Trump’s rejection of the treaty and defense of fossil fuels. The US President’s decision to yank the United States from the hard-fought global pact cast a long shadow over the talks, which ran deep into overtime. Negotiations were marked by […]

Oil prices extend losses in Asia after demand warning

SINGAPORE, Singapore (AFP) — Oil prices tumbled more than one percent on Wednesday in Asia, extending the previous day’s sharp falls after the International Energy Agency warned of weakening demand. A recent rally had sent the commodity to two-year highs, fuelled by hopes producers will extend output cuts well into 2018 as well as escalating tensions between crude giants Saudi Arabia and Iran. But the Paris-based IAE said in a monthly report that it had […]

Crisis-stricken GE to unveil painful roadmap to salvation

by Luc Olinga © Agence France-Presse NEW YORK, United States (AFP) — Iconic American industrial behemoth General Electric, which has lost investor confidence amid bad investment decisions, is preparing to slice up its empire again, selling major business segments and laying off thousands. Hammered by financial markets, with its market capitalization down more than $100 billion since January, the maker of jet engines and power turbines is paying dearly after making losing bets that the energy sector, […]

OPEC chief welcomes rebalancing of oil market

LONDON, United Kingdom (AFP) — OPEC secretary general Mohammed Barkindo welcomed Thursday the rebalancing of the world oil market, hinting the cartel would likely renew its output-cutting deal next month. Barkindo made the comments at the annual Oil & Money conference in London, before the latest production meeting of the 14-nation Organization of the Petroleum Exporting Countries (OPEC) in early November. “There is no doubt that the market is rebalancing at an accelerating pace — […]

World’s first floating wind farm opens off Scotland

ABERDEENSHIRE, Scotland (Reuters) — Norway’s Statoil expects floating wind power costs to fall to 40-60 euros per megawatt-hour (MWh) by 2030, the company said on Wednesday (October 18) after launching the first floating wind farm off Scotland. The 2-billion-crown ($251.34 million) Hywind pilot project will generate power at a cost of nearly 190 pounds ($250.12) per megawatt-hour (MWh), four times the current UK market price. The 30-megawatt-(MW)-capacity project has been granted support under Britain’s Renewable […]

Wind farms in Atlantic could power the world: study

MIAMI, United States (AFP) — Wind farms in the open ocean can generate far more renewable energy than those on land, possibly enough to power the whole world, said a US study on Monday. Researchers at the Carnegie Institution for Science found that higher wind speeds over the open seas could produce five times as much energy as wind turbines over land. While no commercial-scale deep water wind farms exist at present, the findings suggest […]

5-seater solar car going for glory

EINDHOVEN, Netherlands (Reuters) —  A student solar racing car team says its newly-created five-seater model has two purposes – to win the Eindhoven University of Technology (TU/e) its third successive Bridgestone World Solar Challenge (WSC) and to make sun-powered vehicles sexy. Solar Team Eindhoven’s Stella Vie has fewer solar panels than its previous four-seater models – Stella and Stella Lux – but spokesperson Beatrix Bos insists this is no problem. “Even though we have one […]

Energy firms hit by oil dive, N. Korea crisis fuels uncertainty

HONG KONG, China (AFP) — Asian energy firms sank Thursday following a plunge in oil prices while equity traders remained on edge after North Korea’s latest missile test and warnings from the United States it would use force to deal with the nuclear-armed state. Crude fell around four percent Wednesday on renewed concerns about a global supply glut that overshadowed data pointing to a drop in US stockpiles. Investors are worried that an output cut […]

Putin launches deep-water phase of TurkStream gas pipeline

MOSCOW, Russia (AFP) — Russian President Vladimir Putin on Friday launched the deep-water phase of the TurkStream gas pipeline project, calling Turkey’s Recep Tayyip Erdogan from a ship off the Black Sea coast. TurkStream will deliver Russian gas to Turkey and is eventually intended to serve the European Union. “Go!” Putin said, pressing a button on the Pioneering Spirit pipelaying ship, the world’s largest construction vessel, to formally launch the work, accompanied by Gazprom energy […]