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Showing posts with the label September 17

The US is likely to set a record in crude oil production this year, potentially becoming #1 global producer

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The US crude oil output will grow at a CAGR of 5% through 2020, as domestic shale and tight oil production continues to boom. Production will grow at a more moderate pace after 2020, and additional investment will be needed to support that. The country is increasing its crude oil production at a time when other major producers, Russia and members of the Organization of Petroleum Exporting Countries (OPEC), have been cutting their output to balance oil prices. The US remains the largest oil consumer followed by China. Oil consumption reached 19.9 million bpd in 2017, and it is predicted to grow by 2.4% this year, by 1.6% in 2019. The country produces 73% of its petroleum and liquids consumption, therefore it still relies on imports to meet the demand. Oil is mostly imported from Canada (43% of total imports), South America (17%), Saudi Arabia (12%), Mexico (8%), Iraq (7%) and West Africa (6%). The US claims to be getting closer to self-sufficiency in oil by 2020. The county is alread...

EFF: California Law Could be a Big Step Forward for Police Transparency

California Law Could be a Big Step Forward for Police Transparency Government can’t be accountable unless it is transparent. Voters and taxpayers can only know whether they approve of the actions of public officials and public employees if they know what they’re doing. That transparency is especially important when it comes to the actions of local police, who carry weapons and have the power of arrest. In the age of the Internet, for most of us, access to the state, local and federal laws that we must follow is just a click away. But if a resident of a particular city wants to know the rules that the police she pays for must follow, it’s a lot more difficult. In the state of California, accessing records about basic police policies often requires the filing of a California Public Records Act (CPRA) request. There’s a chance now to make it much easier. Both houses of the California legislature have passed S.B. 978 , which requires local police departments to publish their “trainin...

Sail the Blue Ocean with new digital business models

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  If you build it, will they come? That is, a new digital business model? Will it attract customers for the long haul in the digital economy? This is a question every company facing digital transformation is urgently trying to answer. In my recent blog post on AI , I mentioned that creating new digital business models that leverage AI applications, IoT, cloud, and other digital advancements is critical for a company’s successful digital transformation. Entrade has found an answer by launching an IoT-based mobile utility service to monitor and manage its micro grid remotely from anywhere in the world. This digital business model is a major enhancement of Entrade’s core business as an OEM that builds micro power plants that can turn biomass such as wood chips, nut shells, or kitchen waste into green energy. This year Fast Company ranked Entrade the most innovative energy generation company in the world. A digital balancing act Let’s take a closer look at how other companies tr...

Normal Operating Condition of Electrical Equipment

Did you ever stop to think of the vast number of switches and circuit breakers found in the world?  They are found in virtually every market and application around the globe.  Operation of those circuit breakers and switches is a common task. It is probably very conservative to say that they are being operated tens of thousands of times each day.  Even so, prior to moving the handle workers should always assess the risk and confirm that the equipment is in normal operating condition. Normal Operati ng Condition Clearly the likelihood of arc flash incident is high when employees are working on or near exposed live parts.  Live parts are considered to be exposed when they are not suitably guarded, isolated, or insulated.  Normal operation of enclosed equipment is not likely to result in an arc flash provided it is in a normal operating condition.  So how do we define normal operating condition?  A great start is found in the Standard for Electrical Sa...

How smart is your factory?

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World is transforming at a rapid pace, thanks to digital evolution in recent years. This evolution has brought in disruptive changes and has influenced our perception. The recent advancement in technologies like IOT, 3D printing, Cobots, Augmented reality and more are demanding organizations to adopt to digital ways of managing their operations. Today, everything is referred to as SMART; right from your Smart phone, Smart Homes , Smart Building , Smart Grid , Smart City , , Smart Car and more. On the contrary, about 85% of the manufacturing facilities are still operating in a conventional way, where machines and equipment are working independently without any connectivity to adjacent systems or external world. This very nature of equipment is a huge bottleneck to embark upon a journey of digital transformation within our factories and make them Smart Factories . Let us understand what makes a factory smart and future ready. Connected Machines Machines with local control capabilit...

Smart Medium Voltage System and how they can help you optimise millions

Pertaining to current statistics, around 3.5 billion passengers fly each year – accounting to an average of more than 9 Million every day around the world – and air traffic is expected to increase in coming years. To make sure that this influx of travelers is optimized, well managed and ensure safe, reliable operations, it’s essential that airports have a dependable energy supply and modernized low and medium voltage systems. To fully understand the costly consequences of airport malfunctions and blackouts following are some examples of recent times. In December 2017, Atlanta’s Hartsfield-Jackson International Airport experienced an 11-hour power outage. It resulted in 1,400 flight cancellations and cost Delta Airlines an estimated $50 million. The objectives isn’t just about saving costs but the paramount goal is to upgrade and modernize airports’ electrical distribution systems. Providing reliable power is a critical safety issue that airports must make a priority. Making infrastru...