Archive: Business

Australia Faces Imminent Power Supply Issues, Groups Say

Australia, the world’s second-largest exporter of thermal coal and uranium, and a significant exporter of liquefied natural gas (LNG), faces inevitable electricity rationing and the threat of blackouts unless the government acts urgently to ensure large-scale investments are made in new power-generating capacity, experts from five nations said in April. The Australian Academy for Technology […]

Recession Reduces Demand for Electricity

When roving Contributing Editor Mark Axford attended several recent energy conferences, he found the same questions asked at each one about new U.S. generation sources and consumption patterns. Unfortunately, the experts had few good answers to those questions.

Capturing CO2: Gas Compression vs. Liquefaction

Carbon capture and sequestration is very likely to be a key element of any future greenhouse gas legislation. Integrated gasification combined-cycle plants now under design have provisions to separate the CO2 at elevated pressures. Coal-fired plants have a far more difficult and expensive task — separating and compressing CO2 from pressures just above atmospheric conditions.

CHP: Helping to Promote Sustainable Energy

Because combined heat and power (CHP) plants optimize energy use, they cut fuel costs and pollution. Even though U.S. power plants have been using CHP for decades, today’s energy experts have a newfound appreciation for its ability to promote sustainable energy use.

Turkey Opens Electricity Markets as Demand Grows

Turkey’s growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on?

Uranium Prices: Up, Up, and Away?

Industry experts say raw uranium will face increased demand, reduced supply, and higher prices. Will the market bear out those predictions?