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Energy-daily.com 

Guinea-Bissau uses blockchain to manage public finances: IMF

Dakar (AFP) May 29, 2024
Guinea-Bissau has launched a blockchain platform to manage civil servants' salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday. Blockchain technology is a virtual ledger that allows information to be stored and exchanged in a secure, secret and unmodifiable manner. Each transaction is recorded in real time, in a tamper-proof

Energy-daily.com 

Google to invest $2 bn in Malaysia: government

Kuala Lumpur (AFP) May 30, 2024
Google will invest $2 billion in Malaysia to house the firm's first data centre in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities. The government said the cash would support 26,500 jobs across various sectors in Malaysia, including healthcare, education, and finance, and comes days after Prime Minister

Energy-daily.com 

China factory activity contracts for first time in three months

Beijing (AFP) May 31, 2024
Factory activity in China shrank for the first time in three months in May, data showed Friday, a setback for Beijing as the sector is seen as a key driver of a fragile economic recovery owing to sluggish consumer spending. The manufacturing purchasing manager's index (PMI) - a key measure of factory output - dipped to 49.5 last month, from April's 50.4, according to the National Bureau of

Energy-daily.com 

Humanity in 'race against time' on AI: UN

Geneva (AFP) May 30, 2024
Humanity is in a race against time to harness the colossal emerging power of artificial intelligence for the good of all, while averting dire risks, a top UN official said Thursday. "We've let the genie out of the bottle," said Doreen Bogdan-Martin, head of the United Nations' International Telecommunications Union (ITU). "We are in a race against time," she told the opening of a two-day

Energy-daily.com 

STEP Demo Supercritical CO2 Pilot Plant Produces Electricity

Los Angeles CA (SPX) May 31, 2024
The Supercritical Transformational Electric Power (STEP) Demo pilot plant has successfully generated electricity using supercritical carbon dioxide (sCO2) power cycles. The $169 million, 10-megawatt facility at Southwest Research Institute (SwRI) in San Antonio is showcasing next-generation power production technology in a project led by GTI Energy, along with SwRI, GE Vernova, the U.S. Departme

Energy-daily.com 

Nuclear waste scanning planned before final disposal in Finland

London, UK (SPX) May 31, 2024
At Olkiluoto in Eurajoki, Finland is preparing to start the disposal of spent nuclear fuel in the bedrock next year, marking a global first. After use, nuclear fuel becomes highly radioactive and hazardous. It contains significant amounts of uranium and plutonium, which are materials used in nuclear weapons. These materials must be intact when stored in their final repository, necessitatin

Energy-daily.com 

High Proton Conductivity Achieved in Novel Perovskite Materials

Tokyo, Japan (SPX) May 31, 2024
Scientists at Tokyo Institute of Technology (Tokyo Tech) have developed a new perovskite, BaSc0.8W0.2O2.8, that demonstrates high proton conduction at low and intermediate temperatures. This advancement is achieved through donor doping with large W6+ cations, which increases water uptake and reduces proton trapping. These findings could lead to the development of novel perovskites for protonic c

Energy-daily.com 

Framatome and TerraPower to develop HALEU pilot production facility

Los Angeles CA (SPX) May 31, 2024
Framatome and TerraPower announced an agreement to design and develop a high-assay low enriched uranium (HALEU) metallization pilot line at Framatome's nuclear fuel manufacturing facility in Richland, Washington. This initiative aims to verify Framatome's ability to convert uranium oxide (UO2) into HALEU metal, supporting TerraPower's efforts to build a domestic HALEU supply chain. "A stro

Energy-daily.com 

Power demand peaks in heatwave-hit Delhi, but temperature readings may be 'error'

New Delhi (AFP) May 29, 2024
Power usage in India's capital surged to a record high Wednesday as residents of the sprawling megacity struggled to keep cool during a crushing heatwave with temperatures sizzling above 45 degrees Celsius (over 113 Fahrenheit). But India's government-run weather bureau said a station reading showing a potentially record-breaking temperature in the capital may have been due to an "error" in

Energy-daily.com 

Foxconn eyes 40 percent global AI server market share

Taipei (AFP) May 31, 2024
Taiwanese tech giant Foxconn said Friday its global market for artificial intelligence servers is expected to increase to 40 percent this year, with AI products being the main driver for growth. Foxconn - known officially as Hon Hai Precision Industry - is the world's biggest contract electronics maker and builds devices for several global brands, most notably Apple's iPhone. It has al