AP – Millions in the United States were preparing for another night blast of snow and ice following a day in which vast areas of states, mainly Texas has to endure frigid conditions without electricity or heat. Some thirty deaths have been reported so far.4 comments
Brazilian consumer price inflation bounced back to seven-month highs in November from ultra-low levels the month before, led by the rising cost of meat and regulated prices like electricity, official figures showed on Friday.
Brazil's inflation rate in July was 0.19%, the lowest rate recorded for that month since 2014, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday.
Venezuela’s President Nicolas Maduro announced 30 days of electricity rationing on Sunday, after his government said it was reducing the length of the workday and keeping schools closed due to devastating blackouts plaguing the country.
A new massive blackout was recorded this weekend in Venezuela after a nationwide interruption of electricity service this Friday, which was slowly restored in main cities as Caracas. However, a new relapse of the supply occurred on Saturday night, affecting 16 states of the country - more than half.
A deal confirmed between the UK government and the wind industry will ensure 30% of electricity comes from offshore wind by 2030. The move will help the UK towards the aim of securing almost all its power from low-carbon sources by 2030.
The Inter-American Development Bank (IDB) has approved two financing packages worth a total of US$ 130 million in support of a program to modernize the Argentine-Uruguayan bi-national hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto department in Uruguay.
The world's largest working offshore wind farm - covering an area equal to 20,000 football pitches - has opened off the coast of Cumbria, north west England. The £1bn Walney facility already had 102 turbines before the completion of a further 87 earlier this year - dubbed the Walney Extension.
Soybeans, electricity and beef figure as the main export items of landlocked Paraguay, during the first five months of the year. According to a release from the Ministry of Industry and Trade, exports at the end of May reached 4,12bn dollars compared to 2.96bn a year ago, which represents a 57.3% increase.
The Brazilian government has plans to cut and simplify taxes for electricity producers and distributors as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy, reports Reuters.