Power Struggle

A look at how the market and governments regulate power and how the green energy industry is disrupting it via The Economist article Wind and solar power are disrupting electricity systems

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Key takeaways:

  • Solar and wind only provide 7% of global energy consumption
  • Solar and wind are growing faster than any other energy type and prices are falling to competitive levels with fossil fuels
  • Requires significant investment over the next 10 years ($20 trillion)
  • WE NEED TO RETHINK HOW CLEAN ENERGY IS PRICED
    • Government subsidies have distorted the market
    • Green power is intermittent
    • Renewable costs are negligible or zero… aka meaning that the more used, the more depressed the prices and revenues
    • Markets do not determine energy company success and failure; politicians do
    • Small, modular power plants can help with intermittent supply as well as moving network power around more efficiently

Recommendation: 

Markets should reward those willing to use less electricity to balance the grid, just as they reward those who generate more of it.

State of the City: Mayor Ed Murray

CityofSeattleMayor Murray Delivered the State of the City address to Satellites today with optimism and caution. The Seattle Times article, shares Murray’s comments that while the tech and economic growth of Seattle, “‘reflects the 21st-century dreams of the 1962 World’s Fair: a vibrant city driven by technology and science creating jobs and innovation in everything from transportation to health care,’” it at the same time is weary of a growing population of homelessness which according to the One Night Count found an increase of 19% from last year which is very startling for what the future of Seattle could look like. Murray warns of the, “[fear] from the Great Depression as issues of homelessness and inequity continue despite decades of effort on the part of this city to resolve them.”

 

Glitch Perfect

“For a moment, the stoppage seemed like grounds for panic. It did not help that a mysterious computer glitch had caused United, one of America’s biggest airlines, to ground all its flights shortly beforehand. The excitable speculated that a coordinated cyber-attack was under way.” – The Economist 

I wouldn’t necessarily call myself one who takes conspiracy theories to heart, but this is more than a little coincidental. Check out this The Economist article from today!

Is 3D printing about to hit the mainstream?

Is 3D printing about to hit the mainstream?

I am so fascinated by the 3D printing technology. If this article correctly predicts, a $2,000 investment down the road is a GREAT idea!

3D printing starts by designing objects on a computer and then printing them with thermoplastics (and in this case, lasers) in super-thin layers to create intricate finished objects.”

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5 Trends That Will Drive The Future Of Technology

5 Trends That Will Drive The Future Of Technology

“Today, we’re on the brink of a new digital paradigm, where the capabilities of our technology are beginning to outstrip our own.  Computers are deciding which products to stock on shelves, performing legal discovery and even winning game shows.  They will soon be driving our cars and making medical diagnoses.  Here are five trends that are driving it all.”

1. No-Touch Interfaces

2. Native Content

3. Massively Online

4. The Web of Things

5. Consumer Driven Supercomputing

Isabelle Olsson, lead designer of Google