Chemical industry
The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, the chemical industry converts raw materials (oil, natural gas, air, water, metals, and minerals) into commodity chemicals for industrial and…
Ecotricity
Ecotricity is a British energy company based in Stroud, Gloucestershire, specialising in selling green energy to consumers that it primarily generates from its 87.2-megawatt wind power portfolio. It is built on the principle of heavily reinvesting its profit in building more of its own green energy generation.
American business history
American business history is a history of business, entrepreneurship, and corporations, together with responses by consumers, critics, and government, in the United States from colonial times to the present. In broader context, it is a major part of the Economic history of the United States, but focuses on specific…
2008 financial crisis
A major worldwide financial crisis centered in the United States took place in 2008. The immediate cause of the crisis was the collapse of the 2000s U.S. housing bubble, which involved excessive speculation in property values by both homeowners and financial institutions, exacerbated by predatory lending and by…
AI data center
An AI data center is a specialized data center facility designed for the computationally intensive tasks of training and running artificial intelligence (AI) and machine learning models. Unlike general-purpose data centers, they are often optimized for the parallel processing demands of AI workloads, typically using…
German Renewable Energy Sources Act
The Renewable Energy Sources Act or EEG (German: Erneuerbare-Energien-Gesetz) is a series of German laws that originally provided a feed-in tariff (FIT) scheme to encourage the generation of renewable electricity. The EEG 2014 specified the transition to an auction system for most technologies which has been finished…
Economy of Alaska
In a report compiled by the government of Alaska, the real GDP of Alaska was $51.1 billion in 2011, $52.9 billion in 2012 and $51.5 billion in 2013. The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined…
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Feed-in tariff
A feed-in tariff (FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an…
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