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Archive for the ‘economics’ category: Page 51

Aug 16, 2022

Indonesia says Tesla strikes $5 billion deal to buy nickel products

Posted by in categories: economics, Elon Musk, sustainability, transportation

JAKARTA, Aug 8 (Reuters) — U.S. carmaker Tesla (TSLA.O) has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.

Southeast Asia’s biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves. President Joko Widodo met with Tesla founder Elon Musk earlier this year to drum up investment. read more

“We are still in constant negotiation with Tesla … but they have started buying two excellent products from Indonesia,” Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said in an interview broadcast on Monday.

Aug 16, 2022

Israel Embarks on $6.2 Million Program to Train Arab-Israelis for High-Tech Industry

Posted by in categories: economics, transportation

Participants at the DLD Tel Aviv Digital Conference, Israel’s largest international high-tech gathering, held at the Old Train Station complex in Tel Aviv on Sept. 6, 2017. Photo: Miriam Alster/Flash90.

Israel announced the launch of a $6.2 million program to boost the number of Arab-Israelis employed in the high-tech sector as the country suffers from a shortage of skilled workers.

The grants will be awarded to companies, corporations and NGOs to cover a maximum of 70 percent of their costs for developing programs and models to help further integrate Arab-Israelis into the high-tech industry, the Israel Innovation Authority and the Economy Ministry’s Directorate General of Labor said in a joint statement on Thursday.

Aug 14, 2022

Tyromer Builds Pilot Factory for Circular Rubber in Arnhem

Posted by in categories: economics, energy, sustainability, transportation

Canada-based Tyromer is building a pilot factory in Arnhem to bring its circular rubber products to the European market. Specializing in the devulcanization of rubber from scrap tires, Tyromer will fine-tune and exhibit its recycling technology at its new Dutch facility in order to sell the process to third parties. The company is one of the first in the Netherlands to give this hard-to-process residual product a high-quality new life, making it a valuable addition to the Dutch circular economy.

Located at Kleefse Waard Industrial Park (IPKW) in Arnhem, the factory is currently being set up. “We expect to be able to start early in the summer [of 2021],” said Jos van Son, managing director of Tyromer Europe. Tyromer will employ approximately 12 people in Arnhem.

“Tyromer has a unique solution to a major problem: mountains of car tire rubber that cannot be reused. Companies such as Tyromer, which have solutions for societal challenges with smart technologies, are a welcome addition to the East Netherlands ecosystem. The fact that Tyromer is establishing itself at IPKW, where many companies are involved with energy and circularity issues, is good news for the activity in our region,” added René Brama, investment manager of Tech at Oost NL.

Aug 11, 2022

How artificial intelligence could lower nuclear energy costs

Posted by in categories: economics, nuclear energy, robotics/AI

Nuclear power plants provide large amounts of electricity without releasing planet-warming pollution. But the expense of running these plants has made it difficult for them to stay open. If nuclear is to play a role in the U.S. clean energy economy, costs must come down. Scientists at the U.S. Department of Energy’s (DOE) Argonne National Laboratory are devising systems that could make nuclear energy more competitive using artificial intelligence.

Nuclear power plants are expensive in part because they demand constant monitoring and maintenance to ensure consistent power flow and safety. Argonne is midway through a $1 million, three-year project to explore how smart, computerized systems could change the economics.

“Operation and maintenance costs are quite relevant for nuclear units, which currently require large site crews and extensive upkeep,” said Roberto Ponciroli, a principal nuclear engineer at Argonne. “We think that autonomous operation can help to improve their profitability and also benefit the deployment of advanced reactor concepts.”

Aug 10, 2022

Could Hydrogen Help Save Nuclear?

Posted by in categories: economics, nuclear energy

A lack of market value and historically low natural gas prices are just some of the reasons making it hard for nuclear to compete in certain markets.

And with the rise of more renewables coming onto the grid, many utilities are considering a hybrid or integrated systems approach to improve the economics for baseload energy sources like nuclear reactors.

One opportunity is to utilize nuclear’s thermal heat and electricity to produce hydrogen.

Aug 9, 2022

Meta’s latest AI chatbot has mixed feelings about CEO Mark Zuckerberg: “It is funny that he has all this money and still wears the same clothes!”

Posted by in categories: economics, robotics/AI

Aug 9, 2022

Sophisticated models provide a roadmap for Southern Africa’s clean energy future

Posted by in categories: economics, energy

The economy of Southern Africa is rapidly developing, driving a growing demand for electricity. Efficiently meeting this demand will require balancing social, economic, geographic, technological and environmental considerations.

Researchers at UC Santa Barbara led an international team that analyzed the region’s resources and . Using this data, they developed an portfolio that most effectively meets Southern Africa’s 2040 energy requirements, finding that wind and solar are the region’s most cost-effective options. What’s more, their model’s proposal effectively freezes at 2020 levels while doubling the amount of the grid can produce. A detailed analysis appears in the journal Joule.

Currently, Southern Africa’s 315 million people use about 275 terawatt hours, roughly the same amount as California. “However, Southern Africa is expected to double its electricity demand by 2040,” said co-lead and corresponding author Ranjit Deshmukh, an assistant professor in UCSB’s Environmental Studies Program. “Developing the region’s excellent wind, solar and natural gas resources is the least expensive option for its consumers, and can meet this demand without increasing the region’s electricity sector carbon emissions.”

Aug 5, 2022

Futureseek Daily Link Review; 05 August 2022

Posted by in categories: cosmology, cybercrime/malcode, economics, mathematics, particle physics, quantum physics, robotics/AI, space travel, surveillance

* At Long Last, Mathematical Proof That Black Holes Are Stable * Who Gets to Work in the Digital Economy? * Mice produce rat sperm with technique that could help conservation.

* Quantum computer can simulate infinitely many chaotic particles * Radar / AI & ML: Scaling False Peaks * Cyber security for the human world | George Loukas | TEDx.

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Aug 4, 2022

What Are States Planning To Do With Federal EV Charging Funds?

Posted by in categories: economics, energy, law, sustainability, transportation

State plans for the National EV Charging Infrastructure (NEVI) Formula Program were due to the Joint Office of Energy and Transportation this week, and many states released a draft plan for feedback in the last couple of months. The NEVI Program is one of two programs in the Bipartisan Infrastructure Law that provide funding for publicly-accessible electric vehicle (EV) charging infrastructure. Program funds can be used to plan for, install, operate, and maintain EV charging stations along travel corridors, with a focus on designated Alternative Fuel Corridors. Funding under the NEVI program totals $5 billion from 2022 through 2026. Funds will be allocated to states each year for implementation based on a pre-established formula, provided the departments of transportation in those states submit a satisfactory EV charging plan to the Joint Office, with updates to the plan required annually.

So what’s in the draft plans?

I pulled a few draft plans to look at as a starting point, aiming for a cross section of states in different regions, with different politics, with different economic stakes in the EV transition, at different places in EV adoption, with different weather. I couldn’t get quite the representative cross section I wanted because there are still big gaps in which states have released a draft plan. I decided to start with Alabama, California, Texas, and Wyoming.

Aug 4, 2022

TOP 5 Longevity Startups. Who Will Make Us Immortal?

Posted by in categories: economics, education, life extension

I don’t buy the Jeanne Calment story.


How can we live longer and be healthier? These startups are trying to extend our lives.
✱ Download the Dizraptor app to invest in technologies of the future https://dizraptor.onelink.me/1kIK/samumed.

Continue reading “TOP 5 Longevity Startups. Who Will Make Us Immortal?” »

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