POV: Power Breakfast

Power Breakfast for Mar. 18, 2016

U.K. to invest $1.1 billion in clean-energy technologies; Venezuela to shut down due to electricity shortage


POV: Power Breakfast

A nearly daily update of energy-related news:

  • The U.K. government will invest $1.1 billion in clean-energy technologies. These technologies include offshore wind farms, energy storage devices to help stabilize the national energy grid and some of the world’s first small-scale nuclear reactors.
  • Due to an electricity shortage in Venezuela, the country will shut down for an entire week. On Wednesday, President Nicolás Maduro announced that in order to conserve power, all workers will take an extended five-day Easter holiday. A lack of rainfall this winter is partly to blame for the electricity shortage as nearly 65 percent of the country’s electricity comes from hydropower.
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