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Colin Bennett

IBM Moving Smart Grids Up on the To-Do List | Green News | Eco News - 0 views

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    IBM is putting smart grids on their front burner by preparing a technical framework that will help to efficiently and effectively put new technology into the old electricity distribution grid.
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Solar Powered Air Conditioner Released - 0 views

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    A company called GreenCore Air has released an air conditioner than can be powered by a single 170 watt solar panel. The GreenCore air conditioning unit can heat and cool a 600 square foot room. It runs on DC power, so there is no need to put an AC inverter between the solar panel and the air conditioner. This eliminates the power losses associated with converting AC to DC
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    A company called GreenCore Air has released an air conditioner than can be powered by a single 170 watt solar panel. The GreenCore air conditioning unit can heat and cool a 600 square foot room. It runs on DC power, so there is no need to put an AC inverter between the solar panel and the air conditioner. This eliminates the power losses associated with converting AC to DC. When the sun is not out the unit runs on the battery bank which is integrated within the unit. There two version of the air conditioner: a fixed one, and a mobile one that is mounted on wheels. GreenCore units are being tested by a McDonald's restaurant and the U.S. Navy.
Colin Bennett

European Commission puts mining-firm inquiry on hold - 09/03/2008 - MiamiHerald.com - 0 views

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    BRUSSELS -- European Union antitrust regulators said Tuesday that they had put on hold an antitrust probe into miner BHP Billiton's bid for rival Rio Tinto Inc. because the companies have not provided information.
Colin Bennett

E-mobility cooled cable super-fast charging - 1 views

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    "One of the highlights at the booth will be the Cooled Charging Cable - the new technology which is an ideal fit for high-power charging stations. The Cooled Cable can multiply power-throughput of a charging cable and reduce charging times to below 20 minutes, making rapid charge times for all electric cars possible. This innovation puts super-fast charging within reach - even with big battery packs of new electric vehicles and trucks. The cables are thin, simple and easy to handle, bend-protected and have ideal grip position."
Glycon Garcia

Donald Sadoway: The missing link to renewable energy | Video on TED.com - 0 views

  • Donald Sadoway: The missing link to renewable energy
  • What's the key to using alternative energy, like solar and wind? Storage -- so we can have power on tap even when the sun's not out and the wind's not blowing. In this accessible, inspiring talk, Donald Sadoway takes to the blackboard to show us the future of large-scale batteries that store renewable energy. As he says: "We need to think about the problem differently. We need to think big. We need to think cheap." Donald S
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    "Donald Sadoway: The missing link to renewable energy Tweet this talk! (we'll add the headline and the URL) Post to: Share on Twitter Email This Favorite Download inShare Share on StumbleUpon Share on Reddit Share on Facebook TED Conversations Got an idea, question, or debate inspired by this talk? Start a TED Conversation, or join one of these: Green Home Energy=Hydrogen Generators-alternative sources Started by Kathleen Gilligan-Smith 1 Comment What is the real missing link in renewable energy? Started by Enrico Petrucco 8 Comments Comment on this Talk 60 total comments Sign in to add comments or Join (It's free and fast!) Sort By: smily raichel 0 Reply Less than 5 minutes ago: Nice smily raichel 0 Reply Less than 5 minutes ago: Good David Mackey 0 Reply 3 hours ago: Superb invention, but I would suggest one more standard mantra that they should move on from and that is the idea of power being supplied by a centralised grid. This technology seems to me to be much more beneficial on a local scale, what if every home had its own battery, then home power generation becomes economically more viable for everyone. If you could show that a system like this could pay for itself in say 5 years then every home would want one. Plus for this to be implemented on a large scale requires massive investment that could be decades away. Share the technology and lets get it in homes by next year. Great ted talk. Jon Senior 0 Reply 1 hour ago: I agree 100%. Localised energy production would also make energy consumers more conscious of their consumption and encourage efforts to reduce it. We can invent and invent all we want, but the fast solution to allowing renewable energies to take centre stage is to reduce the base energy draw. With lower baseline consumption, smaller "always on" generators are required to keep the grid operational. Town and house-l
Colin Bennett

Substitutes for a copper material roof - 0 views

  • We are putting on a new roof & the price of copper is really adding to the price of the roof. The snow slides alone are over $7,000. Is there something that we can use that looks like cooper and is still corrosive-resistant, but is less expensive?
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    "We are putting on a new roof & the price of copper is really adding to the price of the roof. The snow slides alone are over $7,000. Is there something that we can use that looks like cooper and is still corrosive-resistant, but is less expensive? "
Colin Bennett

Australian government pulls the plug on household solar - 2 views

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    "As a storm raged over the government's directive to the Clean Energy Finance Corporation to no longer back wind energy projects, it emerged that it has also put a stop to solar investments other than the largest industrial-scale projects."
Colin Bennett

Technology to help substitution challenges - 1 views

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    "The copper industry is already facing substitution challenges from materials like aluminium and needs to use technology to help ensure larger-scale, more permanent switches are not made, industry participants said. A group of panelists at the Metal Bulletin and American Metal Market Copper Seminar in New York on Wednesday June 6 said that while technology is clearly an opportunity for the industry, there are still some risks. According to Freeport McMoRan vp sales and marketing Steve Higgins, much of the "easy substitution" - such as plumbing tube or transformer lines - has already happened. "Substitution is less than 2% of refined demand today… It's a bit troubling, but it happens," he said. "The bigger worry is that aluminium is going to make inroads into products that have high switching costs - ACR tubing, motors, or into some medium to high voltage power cables and the like that the manufacturers have to go in and put in a lot of capital costs to convert. Once converted, switching back becomes "extraordinarily difficult," he said. "That's the biggest risk to our market as I..."
anonymous

The case for investing in energy productivity - February 2008 - 0 views

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    Unless there is a shift in world energy policies, global energy demand is set to accelerate, putting increasing strain on the world economy and the environment.
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Venture Capital Stronger Than It Might Seem - 0 views

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    Venture capital is one of the pulses of the industry, and so a headline that VC investments are dropping by double digits is enough to catch the eye of anyone involved in the high tech ecosphere. But when you look at more data, things don't look bleak. On one hand, according to Dow Jones VentureSource, investment is down:\n\nIn the second quarter of 2008, quarterly venture capital investment in U.S. companies slipped below the $7 billion mark for the first time in 18 months. According to the Quarterly U.S. Venture Capital Report released today by Dow Jones VentureSource (http://www.venturecapital.dowjones.com), investment fell 12% in the second quarter compared to the same period last year with $6.64 billion put into 602 deals, the lowest quarterly deal count since 2005. The $7.58 billion invested in second quarter of 2007 was the second-highest quarterly totals recorded since the end of the dot-com boom in 2001.\n\nYet it's not all bad news because there was " steady deal activity and investment in the first half of the year," according to Dow Jones VentureSource director of global research Jessica Canning.\n\n"The movement of venture dollars from the traditional areas of information technology and health care toward burgeoning sectors like renewable energy, power management, and agriculture - or 'clean technology' areas - proves that venture capitalists are making good on their promise to tap opportunities in the massive energy market," said Ms. Canning.
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Hulamin expects global demand to hold, but warns local sales may slow - 0 views

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    Despite a slowdown in the global economy and a softening in demand for aluminium rolled products in some regions, JSE-listed aluminium reroller Hulamin expected global demand to increase this year. CEO Alan Fourie on Tuesday commented that the company, which exported about 70% of its products, had seen some softening in demand for aluminium rolled products in some regions, but added that demand for these products was expected to grow by between 5% and 7% this year. "Obviously the slowdown of the [global] economy puts pressure on margins, it is an economic consequence, but we are still selling into a growing international market," he said. Locally, however, the softening economic climate was expected to impact on sales volumes for the second half of the year. However, Hulamin expected these high-value products to continue growing as a percentage of its sales in the next few years. Fourie noted that five years ago, these products equated to just over 50% of its sales volumes, while their contribution was just below 60% in 2007. They now comprised about 64% of its total sales volumes. Meanwhile, Hulamin stated that its costs had increased by 16%, influenced by a 58% increase in energy costs, increasing alloying costs caused by magnesium prices rising from $2 000/t to $4 500/t, and increases in other metals. Excluding the cost of increasing energy and metals prices, the company's costs had increased by 6%. Fourie noted that while the rising aluminium costs did not affect its profitability, it did have an effect on its working capital. "We hold aluminium in our working capital. So when the aluminium price increases, the cash tied up in working capital increases and we have seen a significant increase in working capital during this period, because the rand price of aluminium has increased by close to 40% in the last six months," he explained. Further, Fourie did not expect the increasing electricity prices to have too great an impact on its futu
Colin Bennett

Danish recession warns of tough times - A signal for Europe? - 0 views

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    Denmark may have registered two consecutive quarters of falling economic output \n- technically putting the country in recession - but there is no shortage of \njobs.
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US Renewable Energy Tax Credits Could Be Voted On This Week - 0 views

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    A vote could come as early as this week in the U.S. Senate on a bill introduced by Senate Tax Committee Chairman Max Baucus (D-MT) and Senate Majority Leader Harry Reid (D-NV) containing a one-year renewable energy production tax credit (PTC) extension and a small wind turbine investment tax credit. The Senate bill, S. 3335, contains a one-year PTC extension at its current value. After December 31, 2009, any further extension would include the "presumption" of a cost cap, which would, through a complex formula, put a ceiling on the value of the credits of no greater than 35% of project value. The small wind ITC has a cap of US $4,000 per system.The 10-year cost for the PTC, including all technologies to which it applies, is projected to be approximately US $7 billion, while the ITC, which includes solar, would cost approximately US $907 million over 10 years. The bill also includes provisions to extend through 2014 the tax credits for solar energy, fuel cell and microturbine property, as well as the residential energy efficient property tax credit. Marine renewable energies could also benefit from the bill as credits to build wave, tidal, current and ocean thermal energy conversion systems of at least 150 kilowatts (kW) are extended through the end of 2011.
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Giant Retailers Look to Sun for Energy Savings - 0 views

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    In recent months, chains including Wal-Mart Stores, Kohl's, Safeway and Whole Foods Market have installed solar panels on roofs of their stores to generate electricity on a large scale. One reason they are racing is to beat a Dec. 31 deadline to gain tax advantages for these projects. So far, most chains have outfitted fewer than 10 percent of their stores. Over the long run, assuming Congress renews a favorable tax provision and more states offer incentives, the chains promise a solar construction program that would ultimately put panels atop almost every big store in the country. The trend, while not entirely new, is accelerating as the chains seize a chance to bolster their environmental credentials by cutting back on their use of electricity from coal.
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Renewable Energy Focus - 0 views

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    COPENHAGEN, DENMARK, September 2, 2008. The Danish Ministry for Climate and Energy says a new 400 MW offshore wind farm will be built by 2012. The wind farm comes in addition to the 200 MW Rødsand II (online from 2011) and 200 MW Horns Rev II (online from 2009), and will be built between Anholt and Djursland in the Kattegat Sea between Denmark and Sweden. The location was chosen due to the possibility of connecting the wind farm more or less directly to the existing grid, which means the windmills can be put up quicker. Depending on the capacity of the windmills that will be chosen, the wind farm will have 100-175 wind mills.
Colin Bennett

Credit crunch will exacerbate the commodity super-cycle - FT - 0 views

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    The commodity super-cycle is not over, it is just pausing. For the world economy to resume growth of 5 per cent, energy supply must expand by a similar rate. But with lower oil prices and a credit crunch, energy investment is plummeting, suggesting global energy demand will eventually pick up more rapidly than productive energy capacity. Assuming the ongoing global recession does not turn into a multi-year event that pushes energy demand down structurally, steep decline rates could again put upward pressure on oil prices as soon as 2010 or 2011. In particular, if the low oil price/high cost of money environment persists for most of this year and next, our base case scenario for non-OPEC production could prove optimistic, exacerbating the second leg of the commodity super-cycle. If and when the global economy starts to recover, too many dollars chasing too few barrels will only lead to much higher oil prices.
Wade Ren

The end of Bretton Woods 2? - 0 views

  • The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sustain their exports – will come close to ending, at least temporarily. If the US and Europe are not importing much, the rest of the world won’t be exporting much.
  • And rather than ending with a whimper, Bretton Woods 2 may end with a bang. In some sense Bretton Woods 2 has been on life support for a while now. China’s recent export growth has depended far more on Europe than on the US. US demand for non-oil imports peaked in 2006. One irony of the past year is that the US was borrowing far more from China that it was buying from China. Campaign rhetoric that the US was paying for Saudi oil with funds borrowed from China isn’t far off – though it leaves out the fact that the US also borrows from Saudi Arabia to pay for Venezuelan, Mexican and Nigerian oil.
  • If Bretton Woods 2 ends in 2009 – if US demand for imports falls sharply in the last part of 2008 and early 2009, bringing the US trade deficit down – it won’t have ended in the way Nouriel and I outlined back in late 2004 and early 2005. We postulated that foreign demand for US debt would dry up – pushing up US Treasury rates and delivering a nasty shock to a housing-centric economy. As Brad DeLong notes, it didn’t quite play out that way. The US and European banking system collapsed before the balance of financial terror collapsed. Dr. DeLong writes: All of us from Lawrence Summers to John Taylor were expecting a very different financial crisis. We were expecting the ‘Balance of Financial Terror’ between Asia and America to collapse and produce chaos. We are not having that financial crisis. Instead we are having a very different financial crisis. Catastrophic failures of risk management throughout the entire banking sector caused a relatively minor collapse in housing prices to freeze up global finance to a degree that has not been seen since the Great Depression. The end result of this crisis though could be rather similar: a sharp contraction in credit, a fall in US economic activity, a fall in US imports and a fall in the amount of foreign financing the US needs.* The US government is (possibly) trying to offset the fall in private demand by borrowing more and spending more — but as of now there is realistic risk that the fall in private activity will trump the fiscal stimulus.
  • ...11 more annotations...
  • Or, to put it more succinctly, Bretton Woods 2, as it evolved, hinged both on the willingness of foreign central banks to take the currency risk associated with lending to the US at low rates in dollars despite the United States large current account deficit AND the willingness of private financial intermediaries to take the credit risk associated with lending at low rates to highly-indebted US households.
  • But now US financial institutions are neither willing nor able to take on the risk of lending even more to US households. For a while the US government was able to ramp up its lending to households (notably through the Agencies) and in the process effectively take over the function previously performed by the private financial system (over the last four quarters, the flow of funds data indicates that the Agencies provided around $800 billion of net credit to US households). But now the US government is struggling to keep the financial system from collapsing. It doesn’t seem like it will able to avoid a sharp fall in the overall availability of credit.
  • It is now clear how the financial sector kept profits up: it took on more risk, as it shifted from borrowing short to buy safe long-term assets (Treasuries and Agencies) to borrowing short to buy risky long-term assets. Leverage in the system also increased (and for some broker dealers that seems to be an understatement), as more and more financial institutions believed that the US had entered into an era of little macroeconomic or financial volatility. The net result seems to have been a truly explosive concentration of risk in the hands of a core set of financial intermediaries in the US and Europe. Securitization – it seems – actually didn’t disperse risk into the hands of institutions able to handle it.
  • I hope that the process of adjustment now underway isn’t as sharp as I fear. The US economy gradually can shift from producing MBS for sale to US investors flush with cash from the sale of safe securities to China and Saudi Arabia to producing goods and services for export – but it cannot shift from churning out complex debt securities to producing goods and services overnight. Indeed, in a slowing US and global economy, improvements in the US deficit will likely come from faster falls in US imports than in US exports – not from ongoing growth in US exports.
  • But right now it looks like there is a real risk that the adjustment won’t be gradual. And it certainly looks like the flow of Chinese (and Gulf) savings to US households over the past few years has produced one of the largest misallocations of global capital in recent history.
  • US taxpayers are going to be hit with a large tab for the credit risk taken on by undercapitalized financial intermediaries. Chinese taxpayers may get hit with a similar tab for the losses their central bank incurred by overpaying for US and European assets as part of its policy of holding its exchange rate down. The TARP is around 5% of US GDP. There are plausible estimates that China’s currency losses will prove to be of comparable magnitude. Charles Dumas puts the cost at above 5% of GDP: “Charles Dumas of Lombard Street Research estimates that China makes 1-2 per cent on its (largely) dollar reserves. It then loses up to 10 per cent on the exchange rate and suffers a Chinese inflation rate of 6 per cent for a total real return in renminbi of about minus 15 per cent. That is a loss of $270bn a year, or a stunning 7-8 per cent of gross domestic product.”
  • Jboss — if some of the Chinese inflow could be redirected into investment in alternative energy, that would indeed be a win/ win. Some infrastructure bank style ideas have promise in my view — basically, the flow that used to go to freddie/ fannie could go to wind farms and the like. I would rather see more adjustment in china (i.e. more investment in Chinese infrastructure) but during the transition, if there is one, to a lower Chinese surplus, redirecting chinese financing toward new energy tech would be offer real benefits.
  • China likes 3rd generation nuclear power. Safe, lower cost than NG or coal, very much lower cost than coal with carbon sequestering, and zero carbon footprint. Wind is about 4X more expensive than our electric costs now. That’s in an area with consistent wind. Solar is worse. I don’t know if we can sucker them into investing in our technical fairy tales. Here’s a easy primer on 3rd gen nukes. http://nuclearinfo.net/Nuclearpower/WebHomeCostOfNuclearPower
    • Wade Ren
       
      is this true?
  • btw, solar thermal installations are so easy & affordable to retrofit onto existing structures, it’s amazing that there aren’t more of them here…until you realize that they work to decentralize energy. cedric — china is already doing it in china. they are way ahead of the curve over there. my partner brought back some photos of shanghai — rows of middle class homes each with a small solar panel on top. and that’s just the tip of the iceberg — an architect friend just came back from beijing and wants to move to china (he’s into designing self-powering structures and is incredibly frustrated by the bureaucracy and cost-prohibitive measures in the US).
  • I went to engineering school right after the Arab Oil Embargo, and alternative energy was a hot topic then. All the same stuff you hear of nowadays. They even offered entire courses on it , which I took. Then my first mini career was in the power plant biz, before Volker killed it with interest rates and the Saudies killed any interest in alt. energy with their big oil field discovery. For the last 5 years I’ve been researching what’s changed, and it is frighteningly little. Solar cells are still expensive and only have a 15% conversion efficiency. They developed the new cost reduced film technology, but that knocks down efficiency to 7%. Wind power works where there is wind constantly. Generators are mature technology and are already 90 some percent efficient. Geothermal, tidal, ect. work where they are available. Looks like coal gasification and synfuel is out because it makes too much CO2. Good news is 3rd gen nuclear is way better than 1st gen plants. Hybrid cars are good, and battery technology is finally getting barely good enough for all electric cars to be practical.
  • According to news report today, Japan’s trade surplus is less than 1 billion $ in September 08, a whopping 94% decrease compared to September 07. Does it imply that going forward Japan can not buy as much treasury as before?
Colin Bennett

The cleantech anti-bubble is a buying opportunity - 0 views

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    What we're seeing now is an anti-bubble. It's across the entire economy, and in fact cleantech appears to be more insulated than many other sectors, but people just aren't putting money out there.
Colin Bennett

US clean energy stimulus - 0 views

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    Mr Obama's stimulus includes calls for $38bn in direct government spending and $18bn in tax breaks for clean energy spread over the next 10 years, according to Dewey & LeBoeuf, the law firm. Owners of solar, wind, and other clean energy facilities will be able to claim tax credits against the cost of new equipment, helping attract big institutional investors who have been put off investing in clean energy because of uncertainty about taxes. But the short timeframe - credits can only be claimed for projects that are up and running within the next three to four years - means projects still on the drawing board may not be ready in time to qualify.
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