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future energy needs

Despite Decline in Some Regions, World Oil Consumption Still Seen Rising

September 15, 2014 by U.S. EIA: Today in Energy
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Fuel Trends

The largest potential for growth in demand for liquid fuels lies in the emerging economies of China, India, and countries in the Middle East, while in the United States, Europe, Japan, and other mature industrialized economies, liquid fuel demand has leveled off and is projected to slowly decline.[read more]

Energy Quote of the Day: Saudi Aramco Putting $40B of Its 'Money Where Its Mouth Is'

September 13, 2014 by Jared Anderson
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Saudi Energy Investment

Saudi Arabia’s state-owned oil company plans to invest $40 billion over the next decade to maintain oil production capacity at 12 million barrels per day, while doubling natural gas output. They face a dilemma with much of its associated gas already being consumed by the oil sector for enhanced recovery.[read more]

Update on US Natural Gas, Coal, Nuclear, and Renewables

August 28, 2014 by Gail Tverberg
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Fuel, Electricity, and the US

United States natural gas production leveled off in 2013, because of the low level of US natural gas prices. In 2013, there was growth in gas production in Pennsylvania in the Marcellus, but many other states, including Texas, saw decreases in production.[read more]

Can Nuclear Energy Secure Financing? Nuclear Power and the Capital Challenge

August 26, 2014 by Milton Caplan
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Paying for Nuclear Plants

Quite often we hear about the problem of attracting financing to support new build nuclear projects. While it is easy to agree that financing nuclear projects is a big challenge, in my view difficulty securing financing is not the issue – rather it is a symptom of a number of other very important issues that are the root cause.[read more]

Energy and the Economy: Twelve Basic Principles

August 16, 2014 by Gail Tverberg
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Energy Economic Principles

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My view of how energy and the economy fit together is very different.[read more]

Looking for the Next Big Thing? Jason Sawatzky Has a Suggestion

August 9, 2014 by Jim Patrick

Jason Sawatzky is director of institutional equity research at AltaCorp Capital Inc., where he focuses on oilfield services. Prior to joining AltaCorp, Sawatzky was an associate analyst covering oilfield services at Stifel Nicolaus. Prior thereto, he worked at Cormark Securities.[read more]

Global Energy Security: No Time for Energy Complacency, Part 2

August 7, 2014 by David Lawrence
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Recent world events highlight the criticality of a diverse, dispersed, affordable and available energy supply to meet growing energy demands. Dependence on a single source of energy, a single supplier, or a single geography drives instability and insecurity.[read more]

Utility Industry: We Need to Promote Electric Vehicles in Order to 'Remain Viable'

August 1, 2014 by Stephen Lacey
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Utilities and Electric Vehicles

The Edison Electric Institute, the power industry's main trade group, is calling on utilities to better promote electric cars in order to stimulate demand for electricity and help reverse trends that threaten the long-term viability of some in the industry.[read more]

No Time for Energy Complacency

July 31, 2014 by David Lawrence
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The United States produced 11 million barrels of oil and natural gas liquids per day in the first quarter of 2014, overtaking Saudi Arabia as the number one producer in the world. Already, by 2010, the US had made its mark as the number one producer of natural gas.[read more]

Prepare for High Energy Growth, Climate Experts Warn

Many world leaders continue to be in deep denial about how rapidly energy consumption is rising, and what the implications are for global warming. We can expect a tripling of global energy consumption if the whole world achieves Germany's highly efficient levels.[read more]

Here's What Utilities Really Think About Microgrids

July 25, 2014 by Stephen Lacey
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Microgrids and Utility Opinions

There is just over a gigawatt worth of microgrids scattered throughout the country. While many of those projects have proved their value during major storms or extended outages, they are largely custom-engineered and limited to public facilities like schools, hospitals and military bases.[read more]

'Pay-As-You-Go' Solar Financing Hits New Milestone

July 24, 2014 by Justin Guay

Pay-As-You-Go Solar

From Pakistan to Kenya, anecdotal reports have been trickling in that pay-as-you-go solar finance -- the off-grid solar market's version of a "solar lease" -- is driving record sales. Now, we can add one more data point to add to the mounting evidence.[read more]

Do We Still Need Alternative Fuels?

July 15, 2014 by Amy Myers Jaffe
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As Obama struggles to come up with a solution to the renewables fuel standard, many in the industry are asking the question: do we actually need alternative fuels? I tackle that question from the standpoint of a person who believes that the shale oil and gas revolution is real and can deliver sustained supplies.[read more]

Debt: Eight Reasons This Time is Different

July 11, 2014 by Gail Tverberg
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Debt and Future Risk

Many seem to believe that if we worked our way out of debt problems in the past, we can do the same thing again. The same assets may have new owners, but everything will work together in the long run. Businesses will continue operating, and people will continue to have jobs.[read more]

As a Solution for Climate Change - Nuclear Power is Falling Behind

July 3, 2014 by Milton Caplan
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Nuclear Falls Behind

Recently, the 2014 edition of the International Energy Agency’s (IEA) Energy Technology Perspectives (ETP) was issued. The ETP is issued on a two year cycle; the current edition takes the World Energy Outlook 2013 forecasts and looks to the longer term out to 2050.[read more]