Archive for October, 2008

Smitherman rejects Nanticoke nuclear plant plan

Friday, October 31st, 2008

Ontario’s energy and infrastructure minister poured cold water today on the idea of building a nuclear plant in Nanticoke along the shoreline of Lake Erie, calling a plan announced by Bruce Power a tactic aimed at forcing the government’s hand.

Source: www.thestar.com

Can the Chevy Volt Survive GM?

Friday, October 31st, 2008

The risk of bankruptcy threatens Detroit’s most promising futurecar.

Source: www.usnews.com

Elon Musk to bail out Tesla Motors with own money

Friday, October 31st, 2008

Personally guarantees $100k supermilkfloat deliveries Famous battery-supercar firm Tesla Motors has said that it expects to secure its financial position by raising further investment within a week, following rumours that it might not be able to deliver cars it has already taken deposits on.…

Source: go.theregister.com

Electric car race could strain lithium battery supply

Friday, October 31st, 2008

The headlong rush to create electric cars for green-minded consumers may come with a significant economic and environmental cost.

Source: news.yahoo.com

TGI Solar Power, European Estate Capital partner to build 10MW power plant

Friday, October 31st, 2008

The TGI Solar Power Group and European Estate Capital, a regional solar developer, have announced plans to collaborate on a 10MW power station to be located in the Czech Republic.

Source: www.energy-business-review.com

Nigeria: Opec Production Cut - Country Slashes Output

Friday, October 31st, 2008

THE Nigeria National Petroleum Corporation has announced a 5 per cent reduction in crude oil exports citing production cut instructions by the Organisation of Petroleum Exporting Countries (OPEC).

Source: allafrica.com

Tesla sees new financing, founder offers support

Friday, October 31st, 2008

By Nichola Groom and Kevin Krolicki

Source: malaysia.news.yahoo.com

High Voltage or brownout? Ars checks out the Chevy Volt

Friday, October 31st, 2008

Last night, General Motors let reporters have a look at what it considers the final design of the Chevy Volt, which they’re hoping to make the first mass-market electric car. The Volt looks to be the first electric car that really works well as a car, but GM will still have a tough sell on its hands. Read More…

Source: arstechnica.com

Montana split over candidates’ energy plans

Friday, October 31st, 2008

Energy policy is front and center for presidential candidates John McCain and Barack Obama, and Montana, where wind and coal are equally abundant, is paying close attention.

Source: www.usatoday.com

ExxonMobil profit surges to record $14.8bln

Friday, October 31st, 2008

US oil giant ExxonMobil shook off economic troubles and hurricanes to post a record third-quarter profit of 14.83 billion dollars, up 58 percent from a year ago, the company said Thursday.

Source: news.yahoo.com