Researchers worldwide are working on a concept for high-altitude wind power: automated light aircraft flying 300-500 meters high, connected by cable to an electricity generator. Each movement of the aircraft is converted to electrical power.
The German engineering giant has revealed the scale of difficulties faced by its power and gas unit, where profits fell 40 percent in Q4. Up to 6,000 job losses have been announced at its wind turbine business.
Invenergy has filed lawsuits against Polish energy giant Tauron for $325 million. The case is a test not only for Poland's relationship with foreign investors but also Trump's 'America First' stance as he visits Warsaw.
Labor unions have reacted angrily to layoff plans unveiled by the management of the German conglomerate, which aims to cut costs in its energy business to adjust to the disruption sweeping through the industry.
Oil and coal consumption around the world must be reduced if global warming is to be kept to 2 degrees maximum. It's cause for concern — and motivation for change. Is there an end in sight to fossil fuel energy?
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