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Several Latin American countries have recently been hit by major power shortages, raising concerns that the region is facing a serious energy crisis.In some countries, like Venezuela and Ecuador, blackouts have become increasingly regular. The authorities in Brazil said the problem was caused by a severe storm which hit transmission lines that take power from the hydroelectric Itaipu dam on the border with Paraguay. This has led to a huge reduction in water levels at hydro-electric plants which supply electricity. At a time when other countries are scaling back their nuclear energy programs, China has been plowing ahead. But even as impressive as those numbers sound, nuclear power still accounts for less than 2% China’s electricity.
Engineering problems and delays are also a major culprit, and may prevent China from meeting its scaled-down nuclear power goals. Public resistance to nuclear is also a problem in China, which imposed a six-month hiatus on the construction of new nuclear plants after the partial meltdown of nuclear reactors in Fukushima in 2011.
I agree to Shutterstock's Website Terms, Privacy Policy, Licensing Terms and to receive emails that I can opt out of at any time. All plans come as a Standard license, and can be upgraded to an Enhanced license at any time. Just visualize for once what if your $100 note looked like a red burning sunrise over the North Atlantic. The Norway government had started an art contest in the spring to find the top designs that will fit the theme, the Sea. A panel of judges has selected Ripple Effects, by a Norwegian named Enzo Finger as the winner of the contest for achieving the theme in a very astonishing way with substantial artistic flair, according to a statement made by the Norges Bank.
Unlike many of its European neighbor countries, Norway did not switch to the euro currency system in 1999. Livemans is a e-magazine portal, Where you will get information about Online Digital Magazine, Business Magazines, Digital News, Latest News, Internet technology etc.
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But if that was a one-off electricity cut, in neighbouring Venezuela, most provinces have had power shortages nearly every day in the last few weeks. The Venezuelan President, Hugo Chavez, says the drought is being caused by the climatic effect of the El Nino weather phenomenon.
Its largest nuclear energy companies are considering initial public offerings to raise over $2 billion, and Chinese researchers are racing to build the world’s first nuclear plant that runs on thorium. For the past few years, others forms of low-carbon energy sources have widened their lead over nuclear. Because nuclear power plants take so long to build, and China’s energy demands are imminent, other forms of renewable energy like wind and hydropower have taken precedence. As Grist points out, even if all Chinese nuclear capacity currently under construction were to become operational in the next six years, China would have reached only 45 gigawatts by 2020, well shy of its 58 gigawatts goal. But China is spending over 1 trillion yuan ($162.8 billion) to upgrade and expand its grid. Last year, a nuclear fuel processing plant in the southern province of Guangdong was canceled because of local protests.
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Although Finger’s suggestion won the art contest, the other two proposals will be used for each side of the $100 note.
They kept the Kroner and the lately designed notes are one more reason that was an very excellent decision. Earlier this month tens of millions of people in Brazil and Paraguay had dinners by candlelight due to a massive blackout in both countries. In Ecuador, President Rafael Correa was forced to introduce emergency measures earlier this month to deal with an energy crisis there.
Venezuela has seen a 40% increase in demand for energy in the last 10 years, and President Chavez says this too is contributing to the problem. In Ecuador there is a similar situation of high dependence and a lack of diversification of supply sources," he explains. Advanced plants that could bring higher efficiency, like a thorium reactor, will still require years of work to resolve engineering issues, researchers say.
As of last year, 84% of the country’s wind capacity was connected to the grid, from 72% in 2011, and the amount of wind-generated electricity wasted in transfer has fallen to 11% from 16% over the same period, according to Fitch Ratings.
If at any time you're unsatisfied with your experience with us, you can cancel your subscription. Norway has unveiled few new designs in this week for their currency which is known as the Kroner which are filled with hues of red, yellow and orange. The new image in the notes honors the country’s Viking ancestors with a Nordic ships on the notes front side and then a very contemporary series of color blocks on the rear which are meant to mimic the landscapes of Norway. Snohetta, which has many offices in cities like New York and Oslo has designed the new Sept.


He also thinks Venezuelans are wasting energy and especially water which is in short supply. Experts say a woeful lack of investment by governments across the region means they will have to spend vast sums in the future. This visually outstanding bank notes will come in 2017 and surely be contenders for world’s best looking notes. This visually outstanding bank notes will come in 2017 and surely be contenders for world's best looking notes.
The Regional Commission of Energy Integration, which includes public and private companies, estimates that Latin America needs to spend about US$10 billion (6.7bn euros) in the next decade to be able to supply 100 million people who have no access to electricity. The Norway government has also commissioned it to design an animation for the country’s bid for the 2022 Winter Olympic sports Games, which it finally withdrew from. Experts are now asking how is this possible in a region with such an abundance of natural resources? But, in the midst of a global recession, investment tends to become the first casualty as governments tighten budgets. In Venezuela, for example, only a quarter of the allocated budget was spent on investments in energy.
The new image in the notes honors the country's Viking ancestors with a Nordic ships on the notes front side and then a very contemporary series of color blocks on the rear which are meant to mimic the landscapes of Norway.
Regional approachExperts also say if the region wants to solve the problem then there needs to be much greater integration and co-operation between governments in the energy market. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience.
Also check : Apple and Google are worth more than $100 billion A panel of judges has selected Ripple Effects, by a Norwegian named Enzo Finger as the winner of the contest for achieving the theme in a very astonishing way with substantial artistic flair, according to a statement made by the Norges Bank. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so. Although Finger's suggestion won the art contest, the other two proposals will be used for each side of the $100 note.
For instance, all the current importers of Bolivian gas are rebuilding pipelines to buy gas somewhere else," says Daniel Montamat. In recent years Bolivia has nationalised its gas industry and increased the cost of its energy exports, a move which some say has soured relations with Brazil and Argentina who import supplies from them. Chile no longer relies on regional supplies of energy and now imports its gas from Indonesia. According to the experts diversification of energy sources is key to ending power shortages, not simply sourcing resources from far away places.
In some countries, such as Argentina, Mexico and Brazil, nuclear plants generate electricity to meet a few percent of their needs, and there are plans or discussions about increasing the number of nuclear plants. The Norway government has also commissioned it to design an animation for the country's bid for the 2022 Winter Olympic sports Games, which it finally withdrew from. Unless governments find a viable lasting solution then candlelit dinners could be a regular feature in many Latin-American households for some time to come.



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