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A quarter of America could experience LONG BLACKOUTS this winter due to energy supply problems
A quarter of America could experience LONG BLACKOUTS this winter due to energy supply problems (Natural News) Large parts of North America could face long blackouts and other energy emergencies this winter as supplies of natural gas and coal begin to tighten. According to the latest seasonal assessment of the North American Electric Reliability Council (NERC), a large […]
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 […]
Soaring Food & Energy Costs Spark Rebound In Producer Prices
Soaring Food & Energy Costs Spark Rebound In Producer Prices Producer Prices rebounded MoM in May with headline Final Demand PPI rising 0.4% (against +0.1% exp) but it left PPI YoY still down 0.8%… Some serious dispersion in the various sector’s price swings… This rebound was driven by a record surge in food prices… Two-thirds of […]
Core CPI Crashes By Most On Record; Food Costs Soar As Energy & Apparel Collapse
Core CPI Crashes By Most On Record; Food Costs Soar As Energy & Apparel Collapse Headline Consumer Prices fell 0.8% MoM – the biggest drop since 2008 – as soaring food inflation was dominated by plunging energy, apparel, and lodging costs… But it was Core CPI, printing 0.4% MoM that made the headlines. That is the […]
“This Is Blowing Up:” Texas Energy Costs Hit Record High Monday As Heatwave Strikes
“This Is Blowing Up:” Texas Energy Costs Hit Record High Monday As Heatwave Strikes Power demand in Texas hit a record high on Monday as consumers turned up their air conditioners to escape a heatwave that is boiling much of the southern Plains over the next 7-10 days. “A large ridge of high pressure has […]
9 Ways You Can Save BIG On Energy Costs This Winter
9 Ways You Can Save BIG On Energy Costs This Winter Heating your home during the winter can be costly and many don’t have the extra money to pay for the uptick in energy costs. But we’ve come up with a few tips and tricks to help you save your money on energy and use […]
Estimating life-time costs for Renewable Energy in Europe
Estimating life-time costs for Renewable Energy in Europe Summary Electricity generation by using gas-fired installations is significantly cheaper than Renewables in terms of both installation capital cost and Operation and Maintenance costs, even when accounting for the cost of fuel. The € 1.1 trillion capital costs already spent on Renewables in Europe would have been sufficient […]
Is the slowdown in productivity growth a result of energy costs?
Is the slowdown in productivity growth a result of energy costs? Slowing productivity growth in the United States has been in the news in recent months. It has become a concern to policymakers because they believe it is one of the primary contributors to a middle-class economic squeeze according to the annual report of the White […]
