Davos (Switzerland) (AFP) - Iran on Thursday stepped up its efforts to woo investors and normalise its relations with the West with an offer to help create a new multilateral body tasked with stabilising global energy supplies.
Showing posts with label Global Energy Security. Show all posts
Showing posts with label Global Energy Security. Show all posts
Friday, January 24, 2014
Tuesday, April 19, 2011
Iran ready to create 'energy security'
Iranian Parliament (Majlis) Speaker Ali Larijani says Tehran is ready to cooperate with the West to create lasting global energy security based on “mutual respect” and “fairness.”
Speaking at an energy conference in the Iranian capital, Tehran, on Monday, Larijani said, “Should Western countries enter oil trade in a manner which benefits both the supplier and the customer, the Islamic republic will help create a lasting energy security.”
Speaking at an energy conference in the Iranian capital, Tehran, on Monday, Larijani said, “Should Western countries enter oil trade in a manner which benefits both the supplier and the customer, the Islamic republic will help create a lasting energy security.”
Monday, April 18, 2011
Iran calls for oil investments, asks West to cooperate on energy security
ccalled for investments in the country's oil industry on Monday and asked the West to be cooperative to create global energy security.
Iran's Oil Minister Masoud Mirkazemi on Monday urged domestic and international companies to invest in the country's oil industry.
Iran's Oil Minister Masoud Mirkazemi on Monday urged domestic and international companies to invest in the country's oil industry.
Saturday, April 2, 2011
Kingdom steps up role in global energy security
Saudi Arabia holds the key to global energy security. It plays an extremely significant role in balancing the overall demand and supply.
With many in the Western world continuing to be skeptical of the Saudi potential and capacity, at least in the longer run, eyes continue to remain focused on Riyadh.
With many in the Western world continuing to be skeptical of the Saudi potential and capacity, at least in the longer run, eyes continue to remain focused on Riyadh.
Monday, January 24, 2011
Petrol rationing looms
A report by the Lean Economy Connection in association with the 20 MP strong All Party Parliamentary Group on Peak Oil (APPGOPO) has warned that rationing will be needed to deal with energy shortages as well as helping us achieve our green targets.
The report, ‘TEQs (Tradable Energy Quotas): A Policy Framework for Peak Oil and Climate Change‘ cites the International Agency’s 2008 World Energy Outlook statement that ‘current global trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially’.
It also refers to the Industry Taskforce on Peak Oil and Energy Security’s report ‘The Oil Crunch’, which concluded that global oil production will be unlikely to grow after 2013. With Ofgems warnings in 2010 of shortages and breaks in supply.
The report’s favoured instrument for dealing with the imminent shortages as well as combating carbon emissions is the use of Tradable Energy Quotas (TEQ). And the time-scale of before 2020 seems to be the call.
TEQs are put forward as the solution in that they ‘ … would reduce our reliance on fossil fuels fast, guarantee that we meet our agreed emissions obligations and empower communities to address the challenges of our times, allowing us to move into a happier, thriving future‘.
A form of TEQs are used already in the EU with the Emissions Trading Scheme (ETS), which covers about 12,000 large facilities. But this latest report wants to extend this principle across the country for use by individuals and organisations alike. When you buy fuel you surrender some of your quota, your ration. That includes all types of fuel from domestic to transport.
The ‘people’ would get about 40% of the quotas by entitlement, with the total emissions allowed each year being set by the Committee on Climate Change. The outline procedure is shown here.
John Hemming MP, chairman of the APPGOPO, said: “What is needed is an intelligent response both to climate change and to fuel depletion. We therefore welcome the model set out in the Lean Economy Connection’s report, which addresses both sides of the problem. It is the first coherent proposal to attempt to do this, and it merits close attention.”
This complex and unworkable set-up has the throw away line that ‘The number of occasions on which individuals actually purchase energy is quite limited – perhaps eight times a year for utilities, although it could rise to some thirty times a year for individuals with cars – and most TEQs transactions are done by card and direct debit.’
As the quotas are tradable they can be sold on and profit made. So that those that need to travel more have to buy more quotas. Those that work from home can make a tidy profits one supposes. How about allowances for children? Will those in prison and hospital get a quota?
Although the Department of Energy and Climate Change has said there are ‘no plans to implement such a scheme‘ just look at the choice of words. Why not just say we aren’t going to ration fuel?
Can you even begin to imagine the fraud, spivvery, mis-allocation, crime, forgery and corruption a scheme such as this would attract?
Source: http://www.economicvoice.com
The report, ‘TEQs (Tradable Energy Quotas): A Policy Framework for Peak Oil and Climate Change‘ cites the International Agency’s 2008 World Energy Outlook statement that ‘current global trends in energy supply and consumption are patently unsustainable – environmentally, economically and socially’.
It also refers to the Industry Taskforce on Peak Oil and Energy Security’s report ‘The Oil Crunch’, which concluded that global oil production will be unlikely to grow after 2013. With Ofgems warnings in 2010 of shortages and breaks in supply.
The report’s favoured instrument for dealing with the imminent shortages as well as combating carbon emissions is the use of Tradable Energy Quotas (TEQ). And the time-scale of before 2020 seems to be the call.
TEQs are put forward as the solution in that they ‘ … would reduce our reliance on fossil fuels fast, guarantee that we meet our agreed emissions obligations and empower communities to address the challenges of our times, allowing us to move into a happier, thriving future‘.
A form of TEQs are used already in the EU with the Emissions Trading Scheme (ETS), which covers about 12,000 large facilities. But this latest report wants to extend this principle across the country for use by individuals and organisations alike. When you buy fuel you surrender some of your quota, your ration. That includes all types of fuel from domestic to transport.
The ‘people’ would get about 40% of the quotas by entitlement, with the total emissions allowed each year being set by the Committee on Climate Change. The outline procedure is shown here.
John Hemming MP, chairman of the APPGOPO, said: “What is needed is an intelligent response both to climate change and to fuel depletion. We therefore welcome the model set out in the Lean Economy Connection’s report, which addresses both sides of the problem. It is the first coherent proposal to attempt to do this, and it merits close attention.”
This complex and unworkable set-up has the throw away line that ‘The number of occasions on which individuals actually purchase energy is quite limited – perhaps eight times a year for utilities, although it could rise to some thirty times a year for individuals with cars – and most TEQs transactions are done by card and direct debit.’
As the quotas are tradable they can be sold on and profit made. So that those that need to travel more have to buy more quotas. Those that work from home can make a tidy profits one supposes. How about allowances for children? Will those in prison and hospital get a quota?
Although the Department of Energy and Climate Change has said there are ‘no plans to implement such a scheme‘ just look at the choice of words. Why not just say we aren’t going to ration fuel?
Can you even begin to imagine the fraud, spivvery, mis-allocation, crime, forgery and corruption a scheme such as this would attract?
Source: http://www.economicvoice.com
Friday, December 24, 2010
Government announces 5 year energy strategy
The ruling National Democratic Party (NDP) has devised a five-year strategy aimed at securing Egypt's energy needs.
The plan--to be announced next week at the party's final conference before the presidential elections--aims both to increase domestic production and pursue regional partnerships to fulfil Egypt's needs. It deals with energy security on a domestic, regional and international level.
Egypt aims to take advantage of opportunities in neighbouring countries, using its strategic location, one of the authors of the strategy told Al-Masry Al-Youm.
Kuwait, Saudi Arabia and Yemen have recently built technologically advanced refineries, which will increase their need to create markets for their oil products, the source said. Egypt can use its location to broker marketing partnerships with neighboring countries, at the same time as meeting its domestic needs.
Another source, also speaking on condition of anonymity, said that an extension of gas pipes to import natural gas from Qatar was unlikely due to technical difficulties despite the improvement in relations between Egypt and Qatar.
The source said no decision to import gas had been made, while the NDP strategy paper leaves the question open, saying Egypt must first establish its capacity and needs.
But the paper stresses the need to increase local production of oil and gas, and to improve research and development agreements so that Egypt becomes more appealing to international firms. Incentives are needed to attract foreign investment in the sector, it said.
It notes the need to pay close attention to international oil markets and their fluctuations.
The source said there would be no discussion of subsidies in the upcoming period to avoid a public outcry, and because of disagreements within the government on the subject. A number of economic models are being considered, the source said.
Most of the recommendations presented by the NDP's energy committee have been implemented over the past few years, including the recommendation to pursue a peaceful nuclear energy program to generate electricity and to expand electric stations to liberalize energy prices for factories, the source said.
Source: Al-Masry Al-Youm
http://www.almasryalyoum.com/en
The plan--to be announced next week at the party's final conference before the presidential elections--aims both to increase domestic production and pursue regional partnerships to fulfil Egypt's needs. It deals with energy security on a domestic, regional and international level.
Egypt aims to take advantage of opportunities in neighbouring countries, using its strategic location, one of the authors of the strategy told Al-Masry Al-Youm.
Kuwait, Saudi Arabia and Yemen have recently built technologically advanced refineries, which will increase their need to create markets for their oil products, the source said. Egypt can use its location to broker marketing partnerships with neighboring countries, at the same time as meeting its domestic needs.
Another source, also speaking on condition of anonymity, said that an extension of gas pipes to import natural gas from Qatar was unlikely due to technical difficulties despite the improvement in relations between Egypt and Qatar.
The source said no decision to import gas had been made, while the NDP strategy paper leaves the question open, saying Egypt must first establish its capacity and needs.
But the paper stresses the need to increase local production of oil and gas, and to improve research and development agreements so that Egypt becomes more appealing to international firms. Incentives are needed to attract foreign investment in the sector, it said.
It notes the need to pay close attention to international oil markets and their fluctuations.
The source said there would be no discussion of subsidies in the upcoming period to avoid a public outcry, and because of disagreements within the government on the subject. A number of economic models are being considered, the source said.
Most of the recommendations presented by the NDP's energy committee have been implemented over the past few years, including the recommendation to pursue a peaceful nuclear energy program to generate electricity and to expand electric stations to liberalize energy prices for factories, the source said.
Source: Al-Masry Al-Youm
http://www.almasryalyoum.com/en
Thursday, December 23, 2010
2011 Florida Renewable Energy announces Miami Tour Stop
The Global Energy Security Forum at Florida International University (FIU) and the Greater Miami-Dade/Kendall Chamber of Commerce are set to host events focused on job creation & energy security.
Miami, FL The Florida Alliance for Renewable Energy (FARE) is excited to announce the next confirmed tour stops in its 2011 Renewable Energy Tour which is set to feature events at the Global Energy Security Forum at Florida International University (FIU) and the Greater Miami-Dade/Kendall Chamber of Commerce (Chamber South) and is set for Friday, February 11th, 2011. The tour will consist of visits to various renewable energy and energy efficiency installations in the area as well as a Town Hall event including local and state legislators and industry experts, featuring discussions about advancing renewable energy and energy efficiency in Florida.
The 2011 Renewable Energy Tour will be traveling across Florida, visiting 10 cities in the month of February, leading up to the beginning of March legislative session. The tour will focus on renewable energy policy, and discussion will include local job creation, manufacturing and export, and local economic resurgence.
Miami, Florida, known as "The Gateway to the Americas", is home of a multi-billion dollar trade industry with Latin America and a growing economy. The focus of the Global Energy Security Forum at FIU is to inform and educate diverse audiences about the economic, political, business, environmental and security realities of energy. Chamber South is a leading business organization in South Florida, and serves as the voice of businesses in South Miami, Kendall, Cutler Bay, Pinecrest, Palmetto Bay and Greater South Dade. (www.chambersouth.com)
According to Mike Antheil, Executive Director of FARE: "As one of the largest cities in the country, Miami could soon lead the country in many aspects of the renewable energy industry too. With the creation of Florida's first true long term marketplace, Miami could be the renewable energy export hub to Latin and South America, an opportunity that could bring billions of dollars and bountiful job creation for Florida."
By FARE Staff
Source: Renewable Energy Network for News & Information
http://www.renewableenergyworld.com
Miami, FL The Florida Alliance for Renewable Energy (FARE) is excited to announce the next confirmed tour stops in its 2011 Renewable Energy Tour which is set to feature events at the Global Energy Security Forum at Florida International University (FIU) and the Greater Miami-Dade/Kendall Chamber of Commerce (Chamber South) and is set for Friday, February 11th, 2011. The tour will consist of visits to various renewable energy and energy efficiency installations in the area as well as a Town Hall event including local and state legislators and industry experts, featuring discussions about advancing renewable energy and energy efficiency in Florida.
The 2011 Renewable Energy Tour will be traveling across Florida, visiting 10 cities in the month of February, leading up to the beginning of March legislative session. The tour will focus on renewable energy policy, and discussion will include local job creation, manufacturing and export, and local economic resurgence.
Miami, Florida, known as "The Gateway to the Americas", is home of a multi-billion dollar trade industry with Latin America and a growing economy. The focus of the Global Energy Security Forum at FIU is to inform and educate diverse audiences about the economic, political, business, environmental and security realities of energy. Chamber South is a leading business organization in South Florida, and serves as the voice of businesses in South Miami, Kendall, Cutler Bay, Pinecrest, Palmetto Bay and Greater South Dade. (www.chambersouth.com)
According to Mike Antheil, Executive Director of FARE: "As one of the largest cities in the country, Miami could soon lead the country in many aspects of the renewable energy industry too. With the creation of Florida's first true long term marketplace, Miami could be the renewable energy export hub to Latin and South America, an opportunity that could bring billions of dollars and bountiful job creation for Florida."
By FARE Staff
Source: Renewable Energy Network for News & Information
http://www.renewableenergyworld.com
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