It’s a red day on Wall Street, and markets are falling again. The Nasdaq has now wiped out a year and a half of gains. Russia threatens Elon Musk for helping Ukraine. But Ukrainain forces say his support changed the course of the war. There are power shortage warnings across the United States. Grid operators…
Grid Operators Warn of Power Shortages; Wall St Sells Off, S&P 500 Ends Below 4,000 | NTD Business
US Coal Stockpiles Hit Record Low
U.S. coal stockpiles dipped to just 80 million tons in September, the lowest monthly total since the Energy Information Administration (EIA) began tracking such information in 2001. U.S. coal stocks fell 4.8 percent over the course of the previous month, according to the EIA. The record-breaking low came as a national and global energy crunch has…
China’s Energy Crisis: A CCP-Made Emergency
News Analysis Factories in China are being forced to shut down amid an energy crisis, as more than half of the provinces have imposed electricity-use restrictions. Forced reductions even apply to Jiangsu, Zhejiang, and Guangdong provinces, which generate roughly one-third of the nation’s GDP. Local governments are enforcing shut-down rules in their attempt to meet…
The Golden State Prepares for Darkness as Blackouts Loom
Rolling blackouts throughout California are likely this summer due to a fragile power grid coupled with rising temperatures, an industry expert says. “Given the path that this state set itself on more than a decade ago, we can expect plenty of rolling blackouts,” Californians for Green Nuclear Power legal assistant Gene Nelson told The Epoch Times….
Blackouts Loom in California as Electricity Prices Are ‘Absolutely Exploding’
Commentary Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability—and both trends bode ill for the state’s low- and middle-income consumers. Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce their power use “to reduce stress on the grid and avoid…
Tens of Thousands in Dark After Blackout Hits US Virgin Islands
The U.S. Virgin Islands’ power company on Friday reported a complete blackout in St. John and St. Thomas.
Texas Girds for Blackouts as Heat Bakes the Western States
By Will Wade and Brian K. Sullivan From Bloomberg News Texas is pushing homes and businesses to conserve electricity for a second day in a row to stave off blackouts as a punishing heat wave bakes the western U.S. Temperatures will top 100 degrees Fahrenheit (38 degrees Celsius) from Montana to Southern California Tuesday, according…
Protecting the Grid From Blackouts—and Communism
Commentary You’d think the Chinese Communist Party (CCP) would know better than to mess with Texas. But a planned wind turbine facility in West Texas owned by Chinese with links to the CCP exposes just how vulnerable our electric grid is to national and cybersecurity threats. Legislation filed in Texas to ban power plants owned…
Investigative Report: The Reason Behind Blackouts Across China
The recent blackout in Texas in the United States has drawn a lot of attention from all over the world, but not many people know that similar blackouts have happened in many cities in China since the end of last year, nor do they realize the real reason behind it. An in-depth investigation done by…
NTD Business Full Broadcast (Feb. 15)
Texas is freezing and some homes are still without power. NTD brings you the latest on what is coming next and why it happened. Parler is up and running again, and thanks to new servers it’s no longer beholden to Amazon. A major Australian media company has signed a deal with Google. The tech giant…
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