Innovations in energy storage, smart grid, and electricity generation technologies will affect every part of the source-to-consumer supply chain for powering the planet.
Fuel Cell
Leading truck manufacturers Kenworth, Toyota, and UPS have begun investing in the technology, which would allow transport vehicles to run on hydrogen and oxygen, releasing only heat and water as emissions. It is expected that fuel cell vehicles would be extremely clean alternatives to current trucking solutions.
Lithium-air batteries
Leading laboratories of the world are working on this technology. There are only two instabilities in the technology's current form preventing it from hitting mass markets: unpredictable short circuiting and speedy loss of battery power.
First Generation Smart Grid
The first step in making a reliable and responsive smart grid system requires the installation of smart meters in every household and building. The new meters will send usage information in real time to your energy provider, allowing adjustments in availability to fluctuate according to the area's latest needs. The widespread implementation of this technology at present has some difficulties, although the first pilot projects are being created in the USA.
Tidal turbines
These underwater pinwheels harness energy from wave movement. Pilot projects were launched in California, but they were suspended because of accidents. Scotrenewables Tidal Power announced the launch of a new low-cost turbine off the coast of Scotland. It's also the “largest and most powerful” turbine of its kind in the world with a power generation capacity of two megawatts, according to its manufacturers.
Space-based Solar Power
This project involves the creation of a powerful space power plant. But the high cost of transporting the panels and other equipment into space has prevented the idea from becoming fruitful for commercial energy production. In addition, the transfer of generated energy back to Earth has been a concern.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
