Tight budgets put a damper on renewables investment

Experts are warning that a global economic slowdown and the eurozone debt crisis have curbed government investment in renewable energy.

SA nuclear power could be worth at least R1-trillion

Energy Minister Dipuo Peters has confirmed that a tender proposal for 9600 MW of nuclear power could be worth at least R1-trillion.

Well now, it's only going to get worse

It is time for the world to wean itself off oil or face potential economic, political and social ruin, writes Jane Notten.

International Energy Agency brings SA in from the cold

The energy department will sign an agreement with the International Energy Agency on Monday that will help drive energy efficiency in South Africa.

A spoonful of sugar (could) make the world go around

The current frank discussions internationally and in South Africa on the role of biofuels are both timely and welcome, writes Emile van Zyl.

Energy efficiency a key driver of ABB products and services

Concern about the risk of climate change is growing. It requires action by governments, industry and consumers to reduce carbon emissions.

Emissions turn heat on COP17

Evidence that greenhouse gas emissions last year were the highest in history has put pressure on South African negotiators.

Fixing buildings

Report highlights path to efficient structures.

Barriers to transformation

Using energy more efficiently is the best solution to the triple challenge of increasing the global supply of energy.

BP oil spill 'a catastrophe that could've been avoided'

The oil spill in the Gulf of Mexico is a catastrophe caused by human error that could have been avoided, the International Energy Agency has said.

IEA: Global oil demand to exceed predictions

As the world recovers more rapidly than forecast from recession, oil demand is also expected to rise more quickly than foreseen, the IEA says.

IEA sees global oil supply crunch risk recede

The world may escape an oil supply crisis for the next five years because a slow recovery from the economic downturn would hold down growth of demand.

Urgent need for global green new deal, says UN

The UN called on Monday on rich nations to forge a deal that puts climate change and poverty reduction at the heart of efforts to reboot the economy.

Fall in oil price comes with a warning

It is too soon to call an end to the oil price crisis that has engulfed global energy markets in the past year, the West's oil watchdog has warned.

Oil prices rally amid tension over Iran

Oil prices rose further on Friday amid tensions over crude producer Iran and at the end of an extremely volatile week of trading.

Poor governance to blame for Africa's blackouts

Africa's electricity supply problems result from poor governance and not lack of capital, the head of a union of producers and distributors said.

IEA: Oil thirst slows, tension to remain high

High global oil prices and cuts in fuel subsidies in some countries will slow growth of oil demand this year, the International Energy Agency (IEA) forecast on Tuesday, also reporting a surge in supply in May.

Biofuel land demand puts rural poor at risk

The rise of biofuels is not only adding to the global food price crisis but also poses a risk for peasants, pushed off their land to make way for energy crops, a report prepared for this week's food summit said. The use of food such as maize, palm oil and sugar to produce fuel has been blamed in part for record high commodity prices.

Oil price surges to record high above $127

The price of oil rocketed to a record high point of $127,43 per barrel on Friday, as United States President George Bush prepared to urge Saudi Arabia to pump more crude. New York's main oil futures contract, light sweet crude for June delivery, beat the previous all-time peak of $126,98 set on Tuesday owing to worries about tight supplies.

Oil demand set to ease, says energy agency

Record oil prices and a slowdown in advanced economies are set to curb global oil demand despite growth in China and the Middle East, the International Energy Agency (IEA) forecast on Tuesday, saying stockpiling was a key factor. Demand from emerging economies might be set back if and when governments decide that fuel subsidies are unsustainable, the IEA said.

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