By Justin Fox – Oxford University historian Peter Frankopan is writing about the 15th-century dislocation that is now most often referred to as the “great bullion famine,” which makes it sound like they ran out of soup. It has also been called the “the economic depression of the Renaissance” and “the Great Depression of the late middle ages.”
In any case, it was bad. In Frankopan’s telling, money ran short, economies shrank, some Europeans became convinced that the world was coming to an end. And in the world’s largest economy, a bubble burst … more> http://goo.gl/3SrBxg
The Electron’s Digital Journey: Do You Know Where Your Power Comes From?
By Tomas Kellner – The electrons that brew your first cup of coffee in the morning have many different parents. Some were born on a wind farm, while others came from a gas-fired power plant or a water turbine buried deep inside a massive dam. Some even took a brief vacation in a battery.
As different as their sources are, they are starting to get connected to a giant virtual power reservoir that will always keep your home supplied with the right amount of the cheapest electricity generated in the most efficient manner.
The idea of such “intelligent” energy is sorely needed.
Today, there are wind farms that must shut down their turbines when it is windy because the grid is too full to take their power, as well as power plants that sit idle and only crank up their turbines to meet peak demand during summer heat waves. There are more efficient, cost-effective, and sustainable ways to run the energy system. more> http://goo.gl/r03UfS
Posted in Broadband, Economic development, Economy, Energy & emissions, History, Nature, Technology
Tagged Broadband, Climate change, Electricity, Electron, GE, Industrial economy, Technology, Test & measurement