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_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint Energy is used to heat and to cool buildings and homes, transport goods, and power the economy. But with ageing infrastructure, poorly integrated markets, and uncoordinated policies, our consumers, households and businesses do not benefit from increased choice or from lower energy prices. It is time to complete the single energy market in Europe . _progress | M replaces _kt75 | mirror. visit: http://progress-m.blogspot.com . ready: 01.07.2015. close ✕ Delivering on this top priority set out in President Juncker's political guidelines, today the European Commission sets out its strategy to achieve a resilient Energy Union with a forward-looking climate change policy. The Energy Union means in particular: Solidarity clause : reducing the dependence on single suppliers and fully relying on their neighbours, especially when confronted with energy supply disru...

_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint East–West nuclear rivalry is back. The Ukraine crisis threatens the nuclear governance . Demand for nuclear energy is growing again after the 2011 Fukushima disaster. A 2014 report by Bloomberg New Energy Finance forecasts a 69 per cent expansion in nuclear capacity worldwide from 345GW in 2012 to 583GW by 2030. Furthermore, the International Energy Agency counts that more than three-quarters of nuclear reactors under construction are in non-OECD (Organisation for Economic Co-operation and Development) countries. China’s domestic appetite for energy accounts for much of this increase, with four to six reactors expected to be built every year for the next five years. Civil nuclear facilities in China incorporate technology from a variety of western suppliers, but Beijing has aggressively negotiated for intellectual property to be shared during the acqui...

_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint Global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4%/year, due in large part to ongoing economic expansion in Asia, particularly in China and India, according to the latest BP Energy Outlook 2035. Demand for oil is projected to increase 0.8%/year to 2035, coming entirely from countries outside of the Organization for Economic Cooperation and Development. Oil consumption within OECD peaked in 2005 and by 2035 is expected to have fallen to levels not seen since 1986. China by 2035 is likely to have overtaken the US as the world’s largest single consumer of oil. The recent worldwide rise in oil supply stemming in large part from strong growth in tight-oil production in the US , meanwhile, is likely to take several years to work through, BP indicates in its outlook. Tight-oil production in 2014 drove overall US oil output higher...

_NEW: follow the development of the new web-presence wolframscharnhorst.blogspot.com reprint The so-called “carbon bubble” is no longer a concept, it’s a reality, according to UN climate chief Christiana Figueres, who will oversee the crucial UN climate conferencein Paris in December. Investors who sunk their money into the fossil fuel sector are going to come up losers, she suggested, as plummeting oil prices have made new extraction projects too costly to continue to pursue and concerns about global warming have made them too risky. “A lot of the stranded asset conversations we’ve been having for a long time are now coming true,” she told RTCC, speaking from the World Future Energy Summit in Abu Dhabi. “Those expensive oil projects —deep sea, Arctic, tar sands—those are actually beginning to be taken off the table because of the low oil prices.” That’s good news for the environmental groups that have long warned about “stranded assets”—coal, oil ...