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“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches
“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches Over the past week, shocked Europeans – mostly in the UK and Ireland – have been posting viral photos of shockingly high energy bills amid the ongoing (and worsening) energy crisis. Several of the posts were from small business owners who […]
Finland Braces For Rolling Blackouts This Winter
Finland Braces For Rolling Blackouts This Winter Finnish grid operator warns of rolling blackouts this winter. Gazprom stopped in May all gas deliveries to Finland. Norway is considering limiting its electricity exports. Finland should be prepared for possible power outages this winter in case of shortfalls in electricity supply, the Finnish grid operator said on Tuesday, in […]
Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch
Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power shortages and further rises in energy bills domestically. Norway’s Energy Minister Terje Aasland told Norwegian media, […]
A potential ‘black swan’ for US oil prices is being overlooked: unreliable electricity grids
A potential ‘black swan’ for US oil prices is being overlooked: unreliable electricity grids Failing power grids and electricity shortages across the US could throw the oil market into chaos. Photo by: Planet One Images/UCG/Universal Images Group via Getty Images Failing US power grids could be the next vulnerability in the supply chain for oil, energy […]
On Magical Thinking
On Magical Thinking In which the motivation behind the Honest Sorcerer gets revealed Image credit: Patrick Hendry via Unsplash My last article on the future of electricity has received quite a few critical comments both from proponents of nuclear as well as solar energy, accusing me with ‘denigrating’ their favored solution. The aim of this is project, the […]
The Future of Electricity
The Future of Electricity Image credit: Mark Eder via Unsplash Things do not bode well for the future of electricity, especially in the ‘developed’ world, while the ‘developing’ countries are already experiencing serious issues. Sri Lanka. Pakistan. China. The world does not seem to be able to move enough electrons to satisfy demand. Surprising? Well, not […]
Brace For Electricity Shortages That Will Scare the Living Daylights Out of You
Brace For Electricity Shortages That Will Scare the Living Daylights Out of You
Citi: Soaring Energy Bills Raise Chances Of Windfall Taxes In Europe
Citi: Soaring Energy Bills Raise Chances Of Windfall Taxes In Europe Gas and electricity bills in Europe could jump to 4.5 percent of household disposable income in 2023. Rising utility bills raise pressure on politicians to implement windfall tax. Rising energy commodity prices weigh most on Eastern European countries. The higher the energy bills in […]
There might not be enough electricity to go around this summer in Michigan. That could require planned outages
There might not be enough electricity to go around this summer in Michigan. That could require planned outages Creative Commons / Https://Creativecommons.Org/Publicdomain/Zero/1.0/Deed.En The power grid operator for Michigan and 14 other states says there may not be enough electricity to go around this summer, especially in northern states. That increases the risk of planned power […]
Nuclear Power Is No Solution For the World’s Energy Problems
NUCLEAR POWER IS NO SOLUTION FOR THE WORLD’S ENERGY PROBLEMS Nuclear power is no solution to the world’s energy problems. Not even close. It’s important for electric power but electric power is not even 40% of the world’s energy supply—nor is it expected to increase much over the next 30 years. IEA projects that nuclear […]
Germany To Become Net Power Importer For The First Time Since 2002
Germany To Become Net Power Importer For The First Time Since 2002 Europe’s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA) said on Friday. Germany plans to switch off all its […]
Rolling Blackouts Spread Across Europe Amid Energy Crisis
Rolling Blackouts Spread Across Europe Amid Energy Crisis Europe’s energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to Bloomberg. On Thursday, the Kosovo Energy Distribution Services (KEDS) announced rolling two-hour power blackouts for 2 million people due to an “overload” of its electrical grid. KEDS asked […]
“Prepare for lack of electricity” in 2022 says Foxconn founder
“Prepare for lack of electricity” in 2022 says Foxconn founder Photo by Scott Olson/Getty Images The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” […]
Power Grid Failure Remains A Game-Changer
Power Grid Failure Remains A Game-Changer When the power grid fails, modern life rapidly grinds to a halt. This game-changer is an issue we must seriously recognize. Whether we are talking about the grid or soaring electricity cost one thing is very clear, we are very dependent on electricity. This article should be considered a […]
