In 2021, the global economy emerged from the COVID-19 pandemic, as well as various supply chain disruptions and extreme weather events. However, it suffered from a prolonged energy supply crunch caused by rising power and fuel prices. As 2022 comes to a close, here is...
The electricity market is a system that allows purchases through bids to buy; offers to sell; and short-term trades, often in the form of financial or obligation swaps. Offers and bids use the principle of supply and demand to set the pricing. Long-term trades are...
More and more companies and individuals are turning to renewable energy to power their operations as opposed to costly and environmental harming fossil fuels. While the use of renewable energy is exciting and something to be heralded, it doesn’t come without its...
Tech giant Samsung has announced that by 2020, they plan to power their U.S., Europe and China plants entirely by renewable energy sources. And they aren’t the only ones. With an increased consumer focus on sustainability, more and more companies are making the move...
