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Showing posts with the label energy

Earth Hour by Switching-Off TNB's Nuclear Plan(t)? (26 March 2011)

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In conjunction with Earth Hour today, would you do your part by switching off lights from 8.30pm to 9.30pm? I heard people are talking about earth hour since weeks before, and many shopping malls and hotels are organizing some amazing events during this special dark moment. Actually, the idea of Earth Hour came out as a way to showcase a growing global community's commitment to taking environmental action and protecting the planet we are living in. And, this year, the one-hour is just like a moment for us to remember the lost lives in Japan earthquake and tsunami disaster, which killed more than 10,000 lives. Of course, the nuclear radiation treat are still looming in Japan, and we really needs to evaluate the effects. But, isn't nuclear power GREEN ? As I know, nuclear power is much more environmental friendly than Coal/Gas power plant. Although Hydro power is renewable, it is devastating to the nature when construction by greatly changes the topography of the surrounding are...

New Fund: OSK-UOB Capital Protected Sector Strategy Fund

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Yet, another capital protected fund for investors by OSK-UOB unit trust management. Following the pump priming efforts by governments around the world during the financial crisis, the global economies have begun to stabilize and signs of recovery are growing strong. The stimulus packages introduced have benefited broad market sectors to a different extent in each sector at each stage of recovery. "At each stage of the economic recovery, different market sectors will benefit to a different extent. These 4 sectors which are well diversified are expected to capitalize on the different sectors' play", said Ho Seng Yee, CEO of OSK-UOB. According to Ho, the fund shares a similar strategy with the OSK-UOB Capital Protected Gold Guru Fund that was launched in 2009 and has registered returns of 29% . Funds' Allocation & Strategy This is a 4-year close-ended capital protected fund which aims to provide capital appreciation over the medium term whilst protecting in...

The Electrifying TENAGA (Nuclear, USD, Tariff)

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Tenaga Nasional Bhd (TNB), the national power producer of Malaysia, would embark on nuclear power in the next few years. Given the sensitivity of such issue, Malaysia government has again hinted that there are plans to construct nuclear power plants in the country to fulfill boost up the electricity capacity. Example of Nuclear Power Plant According to theStar recently, Energy, Green Technology and Water Minister Datuk Seri Peter Chin said Malaysia plans to build two nuclear power plants with a capacity of 1,000 megawatts (MW) each and commencement of operations in 2021-2022. This is part of the country's overall long-term plan to balance its electricity generation mix. The two nuclear plants would represent 9% of peninsular Malaysia's existing power generation capacity of 21,817 MW. This is necessary for the country given that the peninsula's power reserve margin will drop from 44% currently to below 20% by 2016 while the 1,600MW Bakun undersea cable project has been dis...

Super BIG Xmas gift for KNM

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After a long suffering period, KNM investors can be very joyous coming this Christmas celebration with another good news announced today. In a statement after trading hours, KNM announced that its wholly owned subsidiary, KNM Process Systems Sdn Bhd (KNMPS), had landed a RM2.19 billion job in the United Kingdom. The contract is for the engineering, procurement, construction and commissioning of works towards the development of an 80MWe gross capacity energy from biomass and waste recycling centre project known as EnergyPark Peterborough . Duration of the contract is about 4 years. KNM drive into Renewable and Clean Energy Sector... This mark another important milestone for KNM to venture into renewable energy sector, which is so popular in this energy-hunting world. This came as a surprise to investor because KNM had never been in that sector, and even surprising us was the multi-billion value contract. Illustration of EnergyPark taken from Peterborough Community Website The projec...

4 GREEN Ideas for Malaysia

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Last weekend, I went up to Genting for relaxing and escape from the warm weather in KL. Wondering how could Malaysians live in such condition in the next decades, if the temperature going up consistently?   Amazingly, when I turn-on the television, a GREEN  programme was on-screen. Instead of sleeping, I watched the whole documentary about some great ideas or innovations being researched by scientists in US. The programme highlighting 4 green ideas: 1. Green Insulator The insulator is made up with a special liquid gel , which could prevent heat transfer up to 350 degree Celsius. It can be applied in the glass ( transparent ) of any building, to bring the sun light in, without heating the interior. We can expect 20% energy saving from air-conditioner and lightnings. 2. Green Roof We heard of the this idea long time ago, where people planting on the roof. - it could absorb heat from entering the building. - it could release fresher air back to environment just like jungle ...