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News & Articles By Mary Villareal
10/19/2021
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By Mary Villareal
Natural gas shortages prompt power plants to switch to oil
Natural gas and coal prices have pressured power-generation companies to switch to using oil, which could mean an additional half-million barrels a day added to the global oil demand. In its monthly market report, the International Energy Agency (IEA) has increased its global oil demand forecasts for the year and the next by 170,000 and 210,000 […]
10/14/2021
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By Mary Villareal
Oil price jumps to over $80 per barrel due to energy supply shortages
Crude oil price in the U.S. rose 1.5 percent to $80.52 a barrel on Monday, Oct. 11, closing at that rate for the first time since late 2014 and bringing its price climb to 125 percent since the end of October 2020. Oil is now set to outpace copper by the largest amount since 2002 and […]
10/13/2021
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By Mary Villareal
Lebanon goes dark amidst worst economic crisis since 1800s
The entire country of Lebanon was plunged into darkness on Saturday, October 9, as two of the state’s electric company’s main power stations ran out of fuel. The al Zahrani and Deir Ammar power stations stopped working after diesel supplies were exhausted and energy production dropped below 200 megawatts. An official has confirmed that the […]
10/05/2021
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By Mary Villareal
Supply chain crisis could push global economic recovery off course
A supply crunch for non-essential items is creating a full-blown crisis as it leads to shortages in energy, labor and transport in various parts of the globe. All these problems are parts of the rising post-pandemic consumer demands that could push the global economic recovery off course. Mohamed El-Erian, insurance giant Allianz’s adviser and president of […]
10/01/2021
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By Mary Villareal
Power shortages in China may cause world food and commodities prices to surge
China is looking at a difficult harvest season as a severe energy crunch hurts the outlook for production — a development that can trigger another surge in food prices. The autumn harvest in China is underway, but with power shortages in industrial hubs, authorities see slow processing growth. This is especially true in the northeastern provinces of Jilin, […]
09/20/2021
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By Mary Villareal
Survival essentials: 5 Solar-powered items you need for your homestead
Solar technologies are those that capture sunlight, a free and abundant energy source, for people to use as useable energy. These technologies can range from expensive systems built for entire houses and smaller versions attached to everyday devices. In cases where you are prepping for an SHTF scenario, you won’t be thinking about a thousand dollars solar […]
09/15/2021
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By Mary Villareal
Europe energy prices spike as winds pause in stormy North Sea
Winds in the stormy North Sea stopped blowing, and Europe, which already lacks natural gas, found electricity markets surging. This sudden slowdown in wind-driven electricity production in the U.K. caused a sudden switch in the direction of regional energy markets as gas and coal-fired electricity plants were called to make up for the shortfalls. Natural […]
09/07/2021
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By Mary Villareal
Green and efficient: Researchers develop a generator that can power 100 small LED bulbs with only a single raindrop
A single raindrop is enough to power 100 small LED light bulbs thanks to a new technology that may pave way for harvesting energy from rain. Called the droplet-based electricity generator (DEG), the new technology overcomes the limitations of existing energy technology due to its conversion efficiency and power density that is thousands of times bigger than its […]
09/06/2021
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By Mary Villareal
Brooklyn-based startup teams up with DOE to develop wireless charging technology for electric vehicles
The Department of Energy‘s Oak Ridge National Laboratory (ORNL) has licensed its wireless charging technology to Brooklyn-based company HEVO. The system provides high-power levels that could one day enable electric vehicles to be charged as they are driven at highway speeds. HEVO intends to continue working with ORNL on this technology to increase the power levels and […]
09/03/2021
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By Mary Villareal
New thermal energy storage technology uses sand as medium
Energy storage is becoming a critical component of the economy. Renewable energy sources such as solar and wind power are changing how our buildings, industries and grids operate. However, they remain intermittent, and as such, energy storage remains critical. To meet the energy storage problem, researchers at the National Renewable Energy Laboratory (NREL) are developing a […]
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