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Fluctuant Oil Price, Popular New Energy
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 Weekly Review of Energy News (November 21, 2011)

 

Atmospheric thermal energy conversion (Source: Sina)

 

New energy vehicles experience fast development with the help of policies.
Europe, U.S. and Japan will cooperate to popularize the electric vehicles worldwide.
Fluctuant oil price draws criticism
OPEC begins to consider cutting the supply.
The net profit of Taka doubled in third quarter compared with that of in last year.
The price of oil in New York breaks through 100$.
Shell and Malaysia plan to increase oil production of offshore oilfield.
The crude oil export duty of Russia in December will increase 3.5%.
The development of new energy
China
The 12th Five-Year Plan may be extended and the domestic PV market starts to integration.
The investment in renewable energy by 2020 will double.
The mechanism of clean energy development is the leader in the world.
U.S.
The six states in western are served as solar energy development zone by Ministry of U.S.
Asia-Pacific countries reach an agreement on reducing tariffs of clean energy.
The law of micro gas turbine manufacturing and clean energy was carried out.
Europe
Legislators consider reducing solar energy subsidies.
The capital of hydrogen and fuel cell technology reaches $ 339 million.
Ireland intends to provide subsidies for wind power industry to support clean energy development.