03 Feb 2012
Saudi Arabia invests billions of US dollars in developing nuclear power stations, most of it going to Chinese companies … US eyes developments cautiously.
What happened
In response to its growing energy consumption, Saudi Arabia turned to China for assistance in its quest for nuclear power, as China becomes a world-leader in nuclear technology. The kingdom plans to build 16 nuclear reactors by 2030, costing US$100bn, according to The Wall Street Journal. Saudi Arabia wants to cut its increasing dependence on its most valuable resource, oil, says the Arab News.
Following a visit to Saudi Arabia by Chinese Premier, Wen Jiabao, the...
04 Apr 2012
US army to march on renewables … and 12 billing and payment methods to shape-up bottom lines … new smart tech for smart grid … while Seabrook nuclear is safe for now!
Smart Grid News: Army ups the ante for renewables (7 billion worth)
Jesse Berst of Smart Grid news feels it is likely that the military will be the primary driver for the smart grid of the future. The Department of Defense announced its intention for a 25% renewable energy portfolio by 2025, which requires grid interconnectivity, and the US Army is already an early proponent of microgrids and energy storage.
Berst reports that the US Army will partner with private sector investors with a...
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