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Wireless charging for electric vehicles (EVs) is quickly becoming a serious commercial option, backed by global safety standards, proven technology, and major funding from governments. This "park and charge" technology is now an official part of the growing EV market, aiming to make owning an electric car much simpler for consumers. The core idea is simple: charge a car just by parking it over a special pad. Industry experts view this hands-free approach as a key way to boost EV adoption because it solves the hassle of plugging in cables.…
The world’s power grids need a major upgrade to keep pace with growing rates of electrification and the ever-increasing energy demands of big data. A cleaner energy landscape means a whole lot more electricity demand, as we switch from gas-powered vehicles and appliances to newer, cleaner models that need to plug into the grid to charge. This means that expanding grid capacity and making our aging grids smarter and more flexible will be essential to maintaining energy security for the future – but grid infrastructure remains woefully…
The recent increase in gold prices in the United States and around the world has been driven by a confluence of economic, financial, and political factors. This environment, where gold has outperformed U.S. GDP and the four major U.S. stock markets, began in 2000 and has continued to date (see Exhibits 1, 2, 3). We outline 13 reasons why gold has outperformed most major investments and why it is likely to continue attracting individual and institutional investors. 1. A haven during uncertain times. Throughout history, people —…
It is said that in times of great division, a common enemy can be a force for unification. And that common enemy has arrived, in the form of energy-sucking data centers and their wholesale attack on energy prices. As the artificial intelligence boom continues to pick up speed, massive data center projects are being greenlit left and right, and the communities expected to foot the bill for this expansion are starting to fight back — even if it means reaching across the aisle. While political debates over data centers are not yet cropping…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a large 7.36 million barrels in the week ending October 10. Analysts had forecast a much smaller 120,000-barrel build for the week. Today’s build comes after the IEA predicted a smaller global oil demand growth estimate for this year, along with a higher supply growth, which would, according to the agency, result in a rather large supply overhang globally. But crude oil inventories in the United States are not showing signs…
