Tesla’s virtual power plant in California had its first emergency response event helping the grid by pooling power from Powerwall owners around the state. The event appears to have been a success as the distributed power plant looks like the future. A virtual power plant (VPP) consists of distributed energy storage systems, like Tesla Powerwalls, used
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European governments are scrambling to fill underground storage with gas supplies to provide households with enough fuel to keep homes warm during winter. Picture Alliance | Picture Alliance | Getty Images Germany’s natural gas storage facilities surpassed a fill level of more than 75% this month, two weeks ahead of schedule, as Europe’s largest economy
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Scientists have developed a neuromorphic chip for running AI applications that can perform computations directly in memory without requiring a network connection with a cloud. In addition, the chip consumes a small amount of energy making it more efficient than other chips. The discovery is expected to enable AI to be used in a range
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A union boss has warned rail strikes will continue until a settlement is reached as the latest walkout by workers caused widespread disruption for train passengers. Speaking to Sky News, RMT chief Mick Lynch said his members were “completely committed to the cause” and would “keep going” in their long-running dispute over pay, jobs and
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Pioneer Natural Resources (PXD) CEO Scott Sheffield said the oil company plans to continue returning most of its cash flow to shareholders, noting the “growth days of the industry are over.” That was just one of the takeaways from Sheffield’s wide-ranging interview with CNBC’s Jim Cramer on Wednesday. Sheffield, who founded Pioneer 25 years ago,
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Vince McMahon (L) and Donald Trump attend a press conference about the WWE at the Austin Straubel International Airport on June 22, 2009 in Green Bay, Wisconsin. Mark A. Wallenfang | Getty Images Entertainment | Getty Images Former World Wrestling Entertainment boss Vince McMahon paid $5 million of around $20 million previously unrecorded expenses to
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Rail, Tube and bus passengers are set to face four days of travel misery as tens of thousands of workers stage another round of strikes. In recent months, several strikes have been carried out as part of a long-running dispute over pay, jobs and working conditions. From Thursday, Network Rail, train companies, London Underground and
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