New Hydro Energy Source Making Waves
A new offshore energy source offers the potential of clean, renewable electricity without the visual obstruction of giant wind turbines.
A new offshore energy source offers the potential of clean, renewable electricity without the visual obstruction of giant wind turbines. Wave power , which taps energy released in water movement, could become an economically viable resource in the near future according to a recent report by the Electric Power Research Institute (EPRI).
The report's authors determined that wave energy may begin to make sense financially once investments are made to allow a cumulative production volume of 10,000 MW to 20,000 MW (compared to wind energy's current generating capacity of 40,000 MW). The study looked at potential installations at sites in five different states: Hawaii, California, Oregon, Massachusetts and Maine . Maine was the only location determined to be unsuitable for profitable wave-energy generation.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey