nuclear-news

World:

¶ The International Energy Agency is warning consumers not to let cheap oil lull them into a false sense of security. In a report, the IEA said it expects prices to start recovering in 2017. But it forecasts a subsequent sharp jump in price as supply shrinks following under-investment by struggling producers. [BBC]

Consumers should expect oil prices to recover

¶ The operator of South Australia’s vast network says it has no concern about the growing penetration of renewable energy on its grid, and is encouraging remote towns to look at renewable micro-grids to cut costs. South Australia is likely to get over 50% of its electricity needs from wind and solar power this year. [CleanTechnica]

¶ At the recently concluded Invest Karnataka summit, two different entities pledged to add a total of 3 GW of solar power capacity in the southern Indian state. Karnataka…