Electricity prices in Europe surge to record highs

Electricity prices in Europe surge to record highs

European power prices surged to record highs over the past couple of days after France announced the closure of four of its largest nuclear reactors. The crisis is further exacerbated by already very high prices of natural gas and cold temperatures. By the end of…

China’s energy crisis – Why is the country on the edge of the abyss

China’s energy crisis – Why is the country on the edge of the abyss

China, which in recent years has been among the world's leading powers, is faced with a problem that is more characteristic of third world countries. Power shortages have recently become so severe that factories across China are closing, and the problem is…

Widespread power outage hits Venezuela, hospitals becoming large-scale morgues

Widespread power outage hits Venezuela, hospitals becoming large-scale morgues

Another widespread power outage took place in Venezuela on October 15 and 16, 2018. The outage affected the entire country and hospitals in 16 states, leaving at least 3 patients dead. At least 16 children have died at one hospital this year due to poor hygiene, and…