Alerts go out that Lake Powell may stop producing energy by 2023 with water levels declining Two of the major reservoirs such as Lake Mead and Lake Powell are experiencing a large decrease in water levels and many fear that they may stop producing energy soon According to the Bureau of Land Management, it believes… Continue reading Business News – 09-23-2021
Tag: Semiconductor Shortage
Business News – 09-02-2021
Ford Sales in US drop 33% in August as chip shortage causes concern for auto industry Ford’s August sales of its new vehicles declined by 33.1% from a year earlier in the U.S. due to an ongoing global shortage of semiconductor chips The Detroit automaker’s sales capped off a disappointing month of U.S. auto sales,… Continue reading Business News – 09-02-2021
Business News – 08-27-2021
Tesla has applied to become a Texas electricity provider Tesla filed an application with the Texas Public Utility Commission to sell electricity in the state as the company’s big battery build-out in Angleton, Texas comes online The company aims to connect a 100 megawatt energy storage system to the grid and has already built several utility-scale… Continue reading Business News – 08-27-2021