Current Energy Prices News and Events

Current Energy Prices News and Events, Energy Prices News Articles.
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Low-level jets create winds of change for turbines
Global wind power capacity has increased more than fivefold over the past decade, leading to larger turbines, but low-level jets are one cause for concern. The effects of these strong, energetic wind flows depend on how high the wind flows are in relation to the turbines. In the Journal of Renewable and Sustainable Energy, researchers considered three different scenarios in which the LLJs were above, below, and in the middle of the turbine rotors. (2021-02-23)

Scientists link star-shredding event to origins of universe's highest-energy particles
A team of scientists has detected the presence of a high-energy neutrino in the wake of a star's destruction as it is consumed by a black hole. This discovery sheds new light on the origins of Ultrahigh Energy Cosmic Rays--the highest energy particles in the Universe. (2021-02-22)

CABBI researchers challenge the CRP status quo to mitigate fossil fuels
Amid population expansion and severe climate conditions threatening agricultural productivity, sustainable food production is a national priority. Simultaneously, advances in bioenergy agriculture are necessary to move our energy sector away from fossil fuels. A CABBI team led by Madhu Khanna and Ph.D. student Luoye Chen suggest allocating Conservation Reserve Program (CRP) land for energy biomass, eliminating the need for competition between food and energy crops and proving advantageous for landowners, the government, and the environment. (2021-02-22)

What happens when consumers pick their own prices?
A pick-your-price (PYP) strategy can have advantages over pay-what-you-want (PWYW) and fixed pricing strategies. (2021-02-19)

Setting hospital prices would save more than increasing competition or price transparency
Spending on hospital services is the largest health spending category in the U.S., accounting for one-third of national health expenses. A new study finds that among strategies to curb hospital prices among the commercially insured population in the U.S., direct price regulations such as setting rates are likely to achieve greater savings than other approaches like increasing competition or improving price transparency. (2021-02-18)

Hide-and-seek can lead to higher drug prices
Pharmaceutical manufacturers and national authorities often negotiate secret rebates when determining drug prices. A UZH study shows that these rebate systems may hamper patient access to drugs. In the medium term, this practice can even lead to increasing drug prices. (2021-02-17)

Reserve prices under scarcity conditions improve with a dynamic ORDC, new research finds
A new paper quantifies how better accounting for the temperature-dependent probability of large generator contingencies with time-varying dynamic ORDC construction improves reserve procurement. The paper, 'Dynamic Operating Reserve Procurement Improves Scarcity Pricing in PJM,' by researchers at Carnegie Mellon University, was published in Energy Policy. (2021-02-16)

NREL heats up thermal energy storage with new solution meant to ease grid stress
Scientists from the National Renewable Energy Laboratory (NREL) have developed a simple way to better evaluate the potential of novel materials to store or release heat on demand in your home, office, or other building in a way that more efficiently manages the building's energy use. (2021-02-16)

Research reveals why plant diversity is so important for bee diversity
A study in southern England reveals why bumble bees and honey bees thrive despite foraging on the same flowers. (2021-02-10)

Efficiency limits of next-generation hybrid photovoltaic-thermal solar technology
Spectral-splitting hybrid photovoltaic-thermal (SSPVT) technology has emerged as a promising route toward high-performance solar harvesting. In this research, scientists have developed a comprehensive framework for modelling SSPVT solar collectors. The framework can be used to determine the efficiency limits of such collectors and to indicate how these limits can be approached through the selection of optimal designs and materials. This work promotes and provides guidance to the design, development and deployment of next-generation solar systems. (2021-02-08)

Does Goal 7 Energy for All need a rethink?
Goal 7 of the Sustainable Development Goals (SDGs) aims to ensure access to affordable, reliable, sustainable and modern energy for all by 2030. Yet according to new research by Copenhagen Business School the poor planning and execution of decarbonisation strategies in emerging markets challenges the aims of Goal 7. (2021-02-08)

New global 'wind atlas' propels sustainable energy
Wind energy scientists at Cornell University have released a new global wind atlas - a digital compendium filled with documented extreme wind speeds for all parts of the world - to help engineers select the turbines in any given region and accelerate the development of sustainable energy. (2021-02-03)

NREL reports sustainability benchmarks for plastics recycling and redesign
Researchers developing renewable plastics and exploring new processes for plastics upcycling and recycling technologies will now be able to easily baseline their efforts to current manufacturing practices to understand if their efforts will save energy and reduce greenhouse gas emissions. Benchmark data calculated and compiled at the National Renewable Energy Laboratory (NREL) provide a measurement -- at the supply chain level -- of how much energy is required and the amount of greenhouse gases emitted from the production of a variety of plastics in the United States. (2021-02-02)

What impact does Airbnb have on local housing prices and rents?
According to new research, the presence of an Airbnb property can actually contribute to an increase in housing prices and rental rates in a local neighborhood. But it depends on where the property is located. (2021-02-02)

Drug prices in the U.S. are 2.56 times those in other nations
Prescription drug prices in the United States average 2.56 times those seen in 32 other high-income nations, according to a new analysis. The gap between prices in the U.S. and other countries is even larger for brand-named drugs, with U.S. prices averaging 3.44 times those in comparison nations. (2021-01-28)

Majority skeptical healthcare costs will fall anytime soon as Biden begins presidency
In his inaugural address, President Biden vowed that 'help is on the way' to a nation grappling with a pandemic that has already claimed over 420,000 lives and counting. However, despite the promise of a better future, a new survey from West Health and Gallup finds Americans remain largely skeptical that issues as varied as managing the COVID-19 crisis, lowering healthcare costs, improving the economy, fixing immigration and addressing climate change, will improve anytime soon. (2021-01-28)

Rumen additive and controlled energy benefit dairy cows during dry period
Getting nutrition right during a dairy cow's dry period can make a big difference to her health and the health of her calf. But it's also a key contributor to her milk yield after calving. New research from the University of Illinois shows diets containing consistent energy levels and the rumen-boosting supplement monensin may be ideal during the dry period. (2021-01-28)

Getting to net zero -- and even net negative -- is surprisingly feasible, and affordable
Reaching zero net emissions of carbon dioxide from energy and industry by 2050 can be accomplished by rebuilding U.S. energy infrastructure to run primarily on renewable energy, at a net cost of about $1 per person per day, according to new research published by Lawrence Berkeley National Laboratory, the University of San Francisco (USF), and the consulting firm Evolved Energy Research. (2021-01-27)

The idea of an environmental tax is finally gaining strength
In 2020, the political implementation of Arthur Cecil Pigou's insight has gained strength, important objections are being invalidated, and carbon pricing appears more efficient than regulations and bans according to a study by PIK and MCC. (2021-01-21)

Late rainy season reliably predicts drought in regions prone to food insecurity
The onset date of the yearly rainy season reliably predicts if seasonal drought will occur in parts of Sub-Saharan Africa that are particularly vulnerable to food insecurity, and could help to mitigate its effects. Shraddhanand Shukla and colleagues at the University of California, Santa Barbara's Climate Hazards Center, present these findings in the open-access journal PLOS ONE on January 20, 2021. (2021-01-20)

Could "Power Walking" fuel the energy revolution? India is ready to step up
India has an energy problem. It currently relies heavily on coal and consumer demand is expected to double by 2040, making its green energy targets look out of reach. Part of the solution could come from harvesting energy from footsteps, say Hari Anand and Binod Kumar Singh from the University of Petroleum and Energy Studies in Dehradun, India. Their new study, published in the De Gruyter journal Energy Harvesting and Systems, shows that Indian attitudes towards power generated through piezoelectric tiles are overwhelmingly positive. (2021-01-19)

Blockchain technology to optimize P2P energy trading
A research team of Tokyo Institute of Technology, in collaboration with Mitsubishi Electric Corporation, has developed a new technology an original blockchain technology that can optimize peer-to-peer (P2P) energy trading. The technology is expected to contribute to more effective use of surplus electricity from renewable energy by creating trading environments that flexibly respond to shared trading needs, particularly to maximize the amount of surplus electricity available in the market at any given time. (2021-01-19)

Russian chemists developed polymer cathodes for ultrafast batteries
Russian researchers have synthesized and tested new polymer-based cathode materials for lithium dual-ion batteries. The tests showed that the new cathodes withstand up to 25,000 operating cycles and charge in a matter of seconds, thus outperforming lithium-ion batteries. The cathodes can also be used to produce less expensive potassium dual-ion batteries. (2021-01-19)

Land deals meant to improve food security may have hurt
Large-scale land acquisitions by foreign investors, intended to improve global food security, had little to no benefit, increasing crop production in some areas while simultaneously threatening local food security in others, according to Notre Dame researchers who studied their effects. (2021-01-19)

Low-carbon policies can be 'balanced' to benefit small firms and average households - study
A review of ten types of policy used to reduce carbon suggests that some costs fall on those less able to bear them - but it also shows these policies can form the bedrock of a 'green recovery' if specifically designed and used in tandem. (2021-01-18)

Low-carbon policies can be 'balanced' to benefit small firms and average households
A review of ten types of policy used to reduce carbon suggests that some costs fall on those less able to bear them - but it also shows these policies can form the bedrock of a 'green recovery' if specifically designed and used in tandem. (2021-01-18)

Carbon pricing's disappointing effect on the pace of technological change
In order to achieve the goals of the Paris Agreement, the world must reach net-zero carbon emissions by 2050. Carbon pricing is viewed by many governments and experts as the most important climate policy instrument. However, a new study shows that carbon pricing has been less effective as a driver of technological change than was previously anticipated. (2021-01-18)

Flashing plastic ash completes recycling
Rice University's flash graphene process, adapted to convert worthless pyrolyzed plastic ash, could be used to strengthen concrete and toughen plastics used in medicine, energy and packaging applications. (2021-01-13)

Endocrine Society recommends government negotiation and other policies to lower out-of-pocket costs
The Endocrine Society is calling on policymakers to include government negotiation as part of an overall strategy to reduce insulin prices in its updated position statement published today in The Journal of Clinical Endocrinology & Metabolism. (2021-01-12)

When AI is used to set prices, can inadvertent collusion be a result?
CATONSVILLE, MD, January 12, 2021 - Machine learning and artificial intelligence (AI) are perfectly suited to help companies and marketers monitor and set prices based on real-time dynamic pricing. But new research has identified some possible unintended consequences of AI in this area. (2021-01-12)

Beverage prices, volume sold after sweetened beverage tax repeal in Chicago's county
This observational study examined whether lasting change in sweetened beverage prices or the volume sold was associated with the implementation and repeal of a sweetened beverage tax in Cook County, Illinois, where Chicago is. (2020-12-28)

It's electrifying! This is how Earth could be entirely powered by sustainable energy
Can you imagine a world powered by 100% renewable electricity and fuels? It may seem fantasy, but a collaborative team of scientists has just shown this dream is theoretically possible - if we can garner global buy-in. The study explores what changes are needed in our energy mix and consumption patterns if we are to achieve 100% renewability in a way that supports everyone and the myriad of life on our planet. (2020-12-22)

Inverted fluorescence
Fluorescence usually entails the conversion of light at shorter wavelengths to light at longer wavelengths. Scientists have now discovered a chromophore system that goes the other way around. When excited by visible light, the fluorescent dyes emit light in the ultraviolet region. According to the study published in the journal Angewandte Chemie, such light upconversion systems could boost the light-dependent reactions for which efficiency is important, such as solar-powered water splitting. (2020-12-18)

NYS can achieve 2050 carbon goals: Here's how
By delving into scientific, technological, environmental and economic data, Cornell University engineering researchers examined whether New York could achieve a statewide carbon-free economy by 2050. Their finding: Yes, New York can reach this goal - and do it with five years to spare. (2020-12-18)

Energy transition at the crossroads: New topical issue in Russian Journal of Economics
A new issue of the Russian Journal of Economics gets a set of profound messages across, summarized as: ''transition matters, transition goes, yet transition is not a simple, unified march towards a Green future''. The special journal issue comprises seven articles, authored by researchers from six countries and two continents. They address the issues underlying the energy transition: imminent and necessitated on a global level, against diverse factors, including resources, population, technology and politics. (2020-12-16)

Engineers go microbial to store energy, sequester CO2
By borrowing nature's blueprints for photosynthesis, Cornell University bioengineers have found a way to efficiently absorb and store large-scale, low-cost renewable energy from the sun - while sequestering atmospheric carbon dioxide to use later as a biofuel. (2020-12-15)

Attitudes about climate change are shifting, even in Texas
Longstanding skepticism among Texans toward the climate movement has shifted, and attitudes in the nation's leading energy-producing state now mirror those in the rest of the United States, according to new research by UH Energy and the University of Houston Hobby School of Public Affairs. (2020-12-15)

Seabed sediment and asphalt areas are noteworthy sources of heat energy
According to a new study from the University of Vaasa, seabed sediment and asphalt areas are noteworthy sources of heat energy also in northern conditions. Sediment heat has been studied in Suvilahti, Vaasa, Finland and asphalt heat in the parking area of University of Vaasa for several years. (2020-12-14)

Benefits of renewable energy vary from place to place
A new study finds the environmental benefits of renewable power generation vary significantly, depending on the nature of the conventional power generation that the renewable energy is offsetting. The researchers hope the work will help target future renewable energy investments in places where they can do the most good. (2020-12-14)

CO2 pricing & financial transfers: small changes can have a huge effect on climate equity
Global greenhouse-gas emission reductions could be achieved in a fair and thrifty way by surprisingly small variations of well-known policies. This is shown by a team of economists in a quantitative study now published in Nature. Differentiated CO2 prices in different countries combined with moderate financial transfers from advanced to developing countries would do the job. These changes would be most efficient in achieving fair burden sharing and at the same time keep overall costs in check, the researchers find. (2020-12-09)

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