An estimated 743 000 households in Argentina's capital Buenos Aires lost power on January 11, 2022, as temperatures soared above 40 °C (104 °F), causing peak energy consumption to cool the homes. The outage has also affected the water purification…
Kosovo's power system is already completely affected by global energy prices, forcing the country to introduce rolling two-hour blackouts for most of its 2 million people on Wednesday, December 22, 2021. Only emergency customers will stay unaffected. This wave…
Natural gas prices in Europe exploded on Tuesday, December 21, 2021, after a major pipeline that brings Russian gas to Europe slowed output over the past couple of days and completely stopped delivering on Tuesday. This combined with record-high prices of…
European power prices surged to record highs over the past couple of days after France announced the closure of four of its largest nuclear reactors. The crisis is further exacerbated by already very high prices of natural gas and cold temperatures. By the end of…
Natural gas prices in Europe soared again on Tuesday, November 16, 2021, as the German Federal Network Agency — Bundesnetzagentur — suspended the process of certifying the new Russian gas pipeline called Nord Stream 2. The pipeline was completed in September…
China, which in recent years has been among the world's leading powers, is faced with a problem that is more characteristic of third world countries. Power shortages have recently become so severe that factories across China are closing, and the problem is…
China's coal crisis deepened late last week as cold weather swept in from the north, causing coal prices to surge to new record highs. Power rationing has already been in place in at least 17 of mainland China's more than 30 regions since September, forcing…
Coal shortages are causing unprecedented power outages in parts of China ahead of the winter season, affecting the country's economy and increasing global supply chain chaos. It's estimated that around 44% of China's industrial activity is affected by…
Natural gas prices have soared by almost 500% in 2021 and with another winter just around the corner gas is trading at near-record values. While European countries attempt to outbid one another for supplies from major exporters it's inevitable that utilities…
A new type of computer memory, dubbed as universal computer memory, which could solve the digital technology energy crisis has been invented and patented by scientists from Lancaster University in the UK. The electronic memory device is said to transform daily life…
