Three Changes Shows Up In International Energy The Price Mechanism For Oil, Gas, Mineral, Water And Electricity Needs To Be Improved

Author: Source: Date:2014-07-17 Views:

Weekly Review of Energy News (April 11, 2011)

Fukushima Nuclear Power Plant (Source: Poeple's net)

North Africa an the Middle East region are rich in oil and gas resources.And oncerns on the uncertainty caused by the regional turbulence make the oil prices soar,which benefited oil producing countris. After Japan's nuclear crisis, the international communities are in a hostile mood for nuclear,and rational reflection among international communities on the pros and cons of nuclear power plants will be triggered , especially the EU countries where nuclear power plays an important role. Reducing nuclear esources will directly lead the demand for fossil energy to rise , and may further increase the sensitivity of the situation in the Middle East.


International energy pattern will encounter three major changes
First change is occurance of oil supply bottleneck
Sencond change is that Russia's status in global energy politics soars
Third change is slow pace of nuclear power while large demand of fossil fuel.
"The twelfth five-year plan" will focus on improving price mechanism for oil,gas,mineral,water and electricity
China's Bohai Thermal Coal Prices Rise for 3rd Consecutive Week
Rising trend in international oil prices suspended
Increase of oil price pushed up expectation for inflation
160 million invested to build smart grid by Baodi company of the State Grid

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