Showing posts with label Trend. Show all posts
Showing posts with label Trend. Show all posts

Friday, 19 December 2014

PRESSURE ON NIGERIA AS COUNTRIES REDUCE PRICES OF FUEL

Alison-M
As the prices of crude oil continued to be on the downward slide, some economies around the world are now paying less for Premium Motor Spirit (PMS), with Nigerians yet to experience the downward price review trend. 

For instance, the price for United States regular PMS has fallen 11 weeks in a row to $2.55 per gallon as of December 15, down by $1.16 per gallon from its 2014 peak in late April and the lowest price since October 2009.

Read more @ The Guardian

Tuesday, 19 August 2014

WIND FARMS CAN STORE AND DELIVER SURPLUS ENERGY

The worldwide demand for solar and wind power continues to skyrocket. Since 2009, global solar photovoltaic installations have increased about 40 percent a year on average and the installed capacity of wind turbines has doubled. The dramatic growth of the wind and solar industries has led utilities to begin testing large-scale technologies capable of storing surplus clean electricity and delivering it on demand when sunlight and wind are in short supply.


A team of Stanford researchers have looked at the "energetic cost" of manufacturing batteries and other storage technologies for the electrical grid. An issue is whether renewable energy supplies, such as wind power and solar photovoltaics, produce enough energy to fuel both their own growth and the growth of the necessary energy storage industry.