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News & Articles By Cassie B.
05/11/2023
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By Cassie B.
They will be RARER soon: Rare earth magnet supply for wind power and EVs will fall 246,000 tons short by 2040
The push for alternative energy is expected to cause worldwide demand for some rare earth minerals to rise dramatically, and a new report is warning that the supply will fall dramatically short in the next few years. According to Adamas Intelligence, the global demand for NdFeB magnets is expected to grow at a compound annual […]
04/24/2023
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By Cassie B.
Major supply gap in copper industry is threatening the transition to green energy
Much of the attention at this week’s World Copper Conference was focused on a potential shortage of the metal due to challenges in opening new mines that could threaten the transition to green energy. The conference was held in Santiago, Chile, which is currently the biggest producer in the world of mined copper. The metal […]
03/08/2023
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By Cassie B.
Cobalt market notes highest supply jump on record as Indonesia becomes biggest global source outside of Africa
The cobalt market experienced its biggest supply jump on record last year as Indonesia became the world’s top source of the in-demand battery metal outside of Africa. Booming production in Indonesia and the Democratic Republic of Congo drove the supply of mined cobalt up by 23 percent in 2022 to reach 187,060 tons. This more […]
02/08/2023
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By Cassie B.
As gas prices rise for 5th straight week, experts warn high prices will persist through summer
Gas prices in the U.S. rose for the fifth week in a row during the last week of January, and industry analysts report that they are unlikely to drop in the near future. According to GasBuddy, the national average reported last week of $3.49 per gallon represents a rise of 33.3 cents over the figure […]
12/05/2022
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By Cassie B.
EV NO GO: Switzerland may limit electric vehicle use to avoid blackouts this winter
As Swiss officials brace for a potential energy crisis this winter, one of the measures on the table to preserve energy is banning electric vehicles from non-essential use. This would make Switzerland the first country to limit the use of electric vehicles. According to a report by the Telegraph, Swiss officials have drafted emergency proposals […]
11/30/2022
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By Cassie B.
Houston lifts boil water notice, but ongoing water and power problems in Texas likely to persist
Millions of Houston residents were subjected to a boil water notice for more than 24 hours following a power outage at a water treatment plant in the latest example of the problems caused by the state’s aging infrastructure. It all started at 10:30am on Sunday, when two transformers at a water treatment plant went offline. […]
09/26/2022
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By Cassie B.
US headed for serious natural gas shortage and high prices this winter, experts warn
Recent headlines touted a drop in the price of natural gas, but a severe shortage and much higher prices could well be on the horizon in the U.S., experts warn. The price of natural gas fell by almost a dollar per million British thermal units after railway companies and trade unions reached a tentative deal […]
09/01/2022
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By Cassie B.
1 in 4 Brits won’t use their heaters this winter amid skyrocketing energy prices
As energy prices continue to climb, a new poll has found that nearly a quarter of Brits are planning to leave their heating off altogether and brave the cold to keep costs down this winter. This statistic illustrates just how badly people are suffering in the face of multiple economic crises. The Telegraph reports that […]
08/28/2022
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By Cassie B.
Germans outraged after Green Party official tells them to use washcloths instead of taking showers amid energy crisis
An official with Germany’s Green Party is making headlines for his controversial suggestion that Germans use washcloths rather than taking showers as the country deals with a gas shortage. The remarks were made by Baden-Wurttemberg Prime Minister Winfried Kretschmann, who was discussing Germany’s impending energy crisis as a result of the Ukraine war. Supplies of […]
08/19/2022
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By Cassie B.
Soaring demand for electric heaters could lead to collapse of German power grid this winter
As Germans prepare for a potential energy crisis this winter, sales of electric heaters are surging, and experts are warning that the prevalence of these devices could ultimately lead to blackouts and the collapse of the power grid. Supplies of stoves and firewood have already been exhausted in Germany, and a panicked public is now […]
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