I’m sad to say that after eight months of running Energy Source, I’m moving onto pastures new, to take up a position in Westminster as one of the FT’s crack team of political correspondents. You can continue to read my rantings (some may even be energy related) in the FT and on the Westminster blog. Read more
This interactive map tracks the impact of Friday’s earthquake in Japan, as well as the resulting tsunami across the Pacific. Read more
Japan has declared a “nuclear emergency” at an atomic plant north of Tokyo after cooling systems failed following the country’s 8.9 magnitude earthquake. Read more
The International Atomic Energy Agency, the world’s nuclear watchdog, said on Friday that it was seeking further details about the situation at a Japan’s Fukushima Daiichi nuclear power plant, which has been hit by the earthquake.
Japan has declared a heightened state of alert at the nuclear power plant, which is a boiling water reactor with six units. Read more
With a magnitude of 8.9, according to the British and US geological surveys, the offshore quake is the biggest since the magnitude 9.1 event off the coast of Indonesia that triggered the devastating Boxing Day tsunami in 2004 – and Japan’s biggest quake in recorded history. Read more
Sara Akbar, chief executive of Kuwait Energy, an independent oil and gas company focused on the region, brought to the IHS Cambridge Energy Research Associates’ annual energy conference in Houston what she called a “view from the street” on the North Africa/Middle East tensions.
Akbar said that although the region was made up of disparate countries, they had enough similarities that one spark had set off change throughout. Even in Kuwait – which she noted had a very stable political system – there were calls for change. Read more
As the Great Socialist People’s Libyan Arab Jamahiriya comes crashing down, despite regime attempts to butcher demonstrators — here’s a timely reminder on corporate exposure. Read more
In this week’s readers’ Q&A session, Magued Eldaief, the head of GE’s UK energy business, answers your questions.
In this post, he discusses subsidies for carbon capture and storage, legislation to curb emissions and the future of smart metering.
Earlier, he answered questions on the future for nuclear power in northern Europe, wind power in the developing world and whether it is better to back small- or large-scale power generation projects.
Next in the hotseat is Iam Simm, chief executive of Impax Asset Management. He will be answering your questions next Friday, January 28th. Send in your questions for consideration by the end of Sunday, January 23rd to firstname.lastname@example.org.
But for now, over to Magued:
In this week’s podcast: BP and final conclusions of the commission into the cause of the Deepwater Horizon disaster; Eon – profits and bill increases; mining companies and the FTSE 100.
Guest in the studio: Author of ‘In Too Deep’ – a book which promises to lift the lid on the corporate culture that led to the Deepwater Horizon explosion – Stanley Reed. Read more
In this week’s podcast: Rising oil and commodity prices and the threat to the global economic recovery; Northern Ireland’s water debacle; a BP update. Read more