Medicine & TechnologyGreen energy has become more important than ever. With the onset of climate change - and our growing awareness of our impact on the environment, there's a larger attention towards energy and how we use it.
These are energy companies that use innovative ways of converting biomass which is plant or animal-related end products to generate fuel. The fuel generated can be a replacement of the generic inorganic products such as diesel, petrol, and kerosene. Biofuel companies are gaining international recognition because of the role they play in stabilizing the ozone layer and reverse global warming.
This market is where generators of energy and suppliers trade with one another. The energy suppliers buy from the generators at wholesale prices and then add their own mark up and sell it on to customers at what is a higher price. But because the market for energy is so volatile, with prices constantly fluctuating, energy suppliers need to regularly change the tariffs that they offer to customers to reflect the changing wholesale prices.
The US Department of Energy has recently awarded a grant to RTI International, CEMEX -- leading cement, concrete, and aggregates supplier on developing a CO2 capture system and commercially available carbon utilization solution.
Researchers from the University of Buffalo developed a hybrid prototype that absorbs emitted heat from buildings and spaces while re-emitting infrared waves to space, effectively cooling the surroundings.