California: Hot days putting power to the test
“We kind of hit a cliff after 2006. As we look farther out, there are much fewer megawatts coming online.”
Consumption & Demand
China Warns of More Power, Oil Shortages
China’s power shortages show no signs of easing, state media said Wednesday, as the company in charge of the nation’s power grid threatened to cut off factories that fail to conserve energy.
The vanishing bluefin
The fate of the giant bluefin tuna is another example of the way our oceans are being plundered to satisfy gourmet tastes.
Fear motivates conserving energy
When California’s energy crisis subsided in 2002, consumers who conserved thousands of megawatts of electricity in 2001 gradually slipped back into their old consumption habits.
China 40% dependent on crude oil imports as of May
As the second greatest crude oil consuming country in the world, China has seen a the gap between domestic ability to supply and demand for crude oil widen in the first five months of this year, according to figures released by China Customs.
Darkness descends over the Forbidden City
Streetlights along the main boulevard outside the Forbidden City have been dimmed to half their normal brightness. It’s the latest evidence of China’s worsening electricity shortage, a stark symbol of its overheated economy.
China: Power shortage: 6,400 factories to go off-line
Due to summer’s unquenchable power thirst, about 6,400 industrial enterprises in and around Beijing will be shut down for a week.
Skids are Greased for Oil Crisis
When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.
Investment firm: Report explains the Hubbert Curve and includes a projection on oil peak
Guinness Atkinson Asset Management LLC have released a report to publicise their Global Energy Fund which draws attention to the Hubbert Curve of oil production. “We believe that oil will breach the $100 per barrel level benchmark at some point in the next 15 years.”
China: Coal and power: The situation gets worse
Coal and power stocks in China have fallen to their lowest level in 20 years. The catastrophic forecasts on effects of an overheated economy are coming true showing how much more the government has to do to cool down.
China: Energy conservation to top government agenda
The government has given energy conservation top priority in its long-term energy policy, as the country has been feeling the pinch of energy supply shortages since last year.
O is for Oil
How might America cure itself of energy illiteracy? Realistically, teaching Americans to give energy the priority it deserves would be an incremental process that could take years.