A sophisticated cyberattack on the U.S. power grid could cause nearly $250 billion in economic losses.
Lloyds Banking Group
Lloyd’s Report Highlights Risk Of Cyberattacks On National Power Grid
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As Germany gears up for a nuclear-free low-emissions energy future, wind power has taken a new lead.
On August 4, the German engineering and technology company Siemens announced it would be splitting its renewables arm into two branches, Wind Power and Solar & Hydro. Considering its remarkable headline success in the wind sector since 2004–revenue has increased by a factor of 12 to about $3.2 billion–the company hopes to refocus its efforts and further specialize in the wind market with newer products alongside industrialized manufacturing and logistics. Keep reading →