Aug 31

· Up to 34% rise as last two big suppliers get into line
· Government urged to act as more face fuel poverty


Photograph: Steve Taylor/Getty Images

This summer’s misery for energy consumers reached a climax yesterday when the last two of the big six suppliers raised prices for millions of household customers.

ScottishPower, which has just over 5 million customers, said gas bills would rise by 34% from the beginning of next month, and electricity by 9%. Npower said it was putting up gas prices by 26% and electricity by 14% for its 6.6 million customers with immediate effect.

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Jun 24

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Spencer Ahrens, a 23-year-old mechanical engineer, was on MIT’s campus last week, holding a wooden plank, surrounded by onlookers.

Slowly, he turned that wooden plank before a series of mirrors that had been placed inside an aluminum frame, until the wood caught fire.

That was quite a moment, recalled Matthew Ritter, one of the onlookers.

“Let’s just say it was a small combustion for wood materials, but a giant explosion of solar energy,” he said.

Ahrens, Ritter and the other people who helped create the solar-powered dish that harnessed the sunlight that eventually burned the wood say they’ve just created the world’s most cost-efficient solar power system.

They also say these dishes may revolutionize global energy production.

“You can stick these things wherever there is a piece of sunlight, and power a home or an industrial plant,” said Ahrens, who just received his master’s degree from MIT.

Since January, he’s been working with Ritter, an Olin College student; Micah Sze, a recent graduate of MIT’s Sloan School of Management; University of California-Berkeley graduate and Broad Institute engineer Eva Markiewicz and MIT materials science student Anna Bershteyn.

Together, they built a 12-foot wide solar panel by piecing together lightweight aluminum tubes to make the frame. Inside, they arranged a series of mirrors and then attached a water-filled coil at the bottom of the frame.

When the frame is properly positioned, the mirrors will direct concentrated sunlight toward the coil.

As the water heats up, it is converted to steam, and that steam, the creators say, can be used to generate electricity to heat and cool homes and power machines.

They now say its design is so simple, it can be built and placed just about anywhere the sun shines.

“We made it by hand and transported the parts by car or by bike,” Ritter said.

The crew spent about $5,000 to build the dish, and according to MIT Sloan School of Management lecturer David Pelly, it is the cheapest way he’s seen to harness that much sun power.

“I’ve looked for years at a variety of solar approaches, and this is the cheapest I’ve seen,” he said.

Ahrens, Ritter and the others are now packing up and moving to California, where they plan to mass-produce the dishes, probably for less than it cost to build the first one.

Their new company is called RawSolar, and Ahrens said its possibilities are endless.

“The energy crisis affects so much of what we do,” Ahrens said. “It’s driving food prices and water problems and airline fares, and we are trying to work through these things in an environmentally and economically sustainable way.”

After all, he said, “Sunlight is free.”

Source: Boston Herald

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Jun 15


Source: You Tube

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May 09

The global free market for food and energy is facing its biggest threat in decades as a host of countries push through draconian measures to hold down prices, raising fears of a new “resource nationalism” that could endanger world food security.


Somali’s demonstrate against high food prices in the capital Mogadishu. At least two people were killed in clashes

India shocked the markets yesterday by suspending trading in futures contracts for a range of farm products in a bid to clamp down on alleged speculators and curb inflation, now running at 7.6pc.

The country’s Forward Markets Commission said contracts for soybean oil, chana (chickpeas), potatoes, and rubber had been banned for four months, even though a report by the Indian parliament last month concluded that soaring food costs had almost nothing to do with the futures contracts. Traders in Mumbai slammed the ban as an act of brazen political populism.

The move has been seen as a concession to India’s Communist MPs - key allies of premier Manmohan Singh - who want a full-fledged ban on futures trading in sugar, cooking oil, and grains.

As food and fuel riots spread across the world, a string of governments have resorted to steps that menace the free flow of food and key commodities. Argentina has banned beef exports, while Egypt and India have stopped shipments of rice.

Kazakhstan has prohibited wheat exports. Russia has slapped a 40pc export duty on shipments, and Pakistan a 35pc duty.

China, Cambodia, Malaysia, Philipines, Sri Lanka, and Vietnam have all imposed export controls or forms of rationing to ease the crisis.

UN Secretary-General Ban Ki-moon has warned that this lurch towards national controls is becoming a threat to the open global system we all take for granted. “If not handled properly, this crisis could result in a cascade of others and affect political security around the world,” he said.

A new report by UBS says the scramble for scarce raw materials is turning ever more political, with ominous implications for ill-endowed societies that rely on imports.

“The bottom line is that countries with resources, particularly in food and energy are becoming more protective of these resources,” it said.

(I know I am repeating myself and I know that many are already well prepared. This is for the ones that are not:
Store food and water “NOW”. Do this in a relaxed manner because your brain shuts down when you are under stress and in survival mode. - The Infinite Unknown)

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Apr 19

The Daily Mail’s Cost of Living Index reveals food prices rising at SIX times official figure

The true, devastating scale of rising prices is revealed today - by the new Daily Mail Cost of Living Index.

It shows that families are having to find more than £100 a month extra this year to cope with increases in the cost of food, heat, light and transport.

According to the Consumer Price Index, inflation is running at only 2.5 per cent.

Yet the Mail’s index finds that food costs alone are rising at 15.5 per cent a year - more than six times the official rate.

And there are double-digit increases in other “must-pay” essentials such as petrol, gas and electricity.

Many families need to find more than £1,200 extra a year just to stand still.

Once higher mortgage costs are added, millions are having to pay out at least another £2,000 a year to keep their heads above water.

The Bank of England’s chief economist Charlie Bean admitted last night that higher food and energy costs are likely to push the Consumer Price Index over 3 per cent this year.

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Apr 16

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Apr 12

Today’s update on import prices once again paints a troubling picture on pricing pressures.

Import prices jumped 2.8% last month, the U.S. Labor Department reports. That’s the highest since last December’s unnerving 3.2% spike. More troubling is the fact that the 2.8% rise in March is in the upper range for monthly changes going back to the 1980s. Adding insult to injury, import prices soared 14.8% measured over the 12 months through last month, as our chart below shows. That’s the highest 12-month rate in the Labor Department’s archives, which goes back to 1982 as per the web site.

The “good news,” if we can call it that, is that much of the rise in import prices was due to higher energy costs. And energy prices can’t rise forever–we hope. In any case, the 14.8% surge in import prices over the past year falls to 5.4% after stripping out energy. But the lesser rise in non-petroleum import prices is hollow comfort once you recognize that the 5.4% annual pace is the highest since the 1980s. The basic trend, in short, is not in doubt, no matter how you slice the import-price pie.

How troubling is a 5.4% rise in non-petroleum imports? In search of an answer, consider that inflation generally in the U.S. is climbing by 4.0%, based on the annual rise in consumer prices through February. And the nominal (pre-inflation adjusted) annualized pace of economic expansion in 2007’s fourth quarter was 3.0%. In other words:

* non-petroleum import prices are advancing at a roughly 33% faster rate than general inflation
* non-petroleum import prices are rising 80% faster than the nominal growth of GDP Continue reading »

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Mar 30

WASHINGTON, March 28 (UPI) — The agency that manages data from U.S. spy satellites is exploring ways to map the nation’s entire electric grid as part of efforts to protect infrastructure.

(It’s all about controlling the infrastructure in the coming events, nothing else. - The Infinite Unknown) Continue reading »

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