The novel coronavirus (Covid-19) outbreak has caused a slowdown of China’s economic growth, and with China being a global manufacturing hub, is having a negative impact on the world economic growth as well. The majority of the factories remain closed or are not able to attain full production capacity due to shortage of staff
At Tanjent we are watching the electricity supply situation very closely, as our battery systems offer customers the ability during power disruptions and lockdowns to keep their lights on and their fridges and freezers powered (see the options here). . Nonessential work on power lines and gas pipes could be put back and extra
When a financial crisis begins to unfold, it’s hard to assess the impact until well after the fact. The dot-com crash that started in 2000 and the subprime mortgage crisis that started in 2007 played out over several years. The S&P 500 recorded three consecutive double-digit losses from 2000 through 2002. Then after a
The Future We Choose, a new book by the architects of the Paris climate accords, offers two contrasting visions for how the world might look in thirty years It is 2050. Beyond the emissions reductions registered in 2015, no further efforts were made to control emissions. We are heading for a world that will
Over the last decade, Great Britain has seen a faster rate of decarbonisation than anywhere else in the world thanks to its transition to renewable energy. Between 2010 and 2019, carbon emissions fell from 161 million metric tonnes to just 54 million metric tonnes according to a new report by Imperial College London for
In 2019, the multi-year pattern of record-breaking deployments of utility-scale and behind-the-meter (BTM) energy storage in the US continued. According to Navigant Research’s latest Energy Storage Tracker 4Q19, annual deployments of energy storage resources in the United States have increased from nearly 350 MW in 2018 to approximately 774 MW in 2019, with pipeline
ScottishPower has announced from today all new domestic fixed price tariffs will use 100% renewable energy that will be sourced entirely from its own wind farms. This will mean that all of the power generated by the company’s wind farms will be used exclusively by its domestic and commercial customers. Money made from the
Climate deniers often accuse scientists of exaggerating the threats associated with the climate crisis, but if anything they’re often too conservative Although the results of climate research have been consistent for decades, climate scientists have struggled to convey the gravity of the situation to laypeople outside their field. If anything, the wider public only
The coronavirus could reduce China’s battery storage production capacity by as much as 10% to 237 gigawatt-hours this year, according to research by Wood Mackenzie. Based on operational and announced capacity, this represents over 26GWh of production for 2020 and more capacity could be affected if delays persist, the analysts said. The Chinese government
Dams between Scotland, Norway, France and England ‘a possible solution’ to problem A Dutch government scientist has proposed building two mammoth dams to completely enclose the North Sea and protect an estimated 25 million Europeans from the consequences of rising sea levels as a result of global heating. Sjoerd Groeskamp, an oceanographer at the