Large Motors and Generators Can Power the Way to Net Zero

By Heikki Vepsäläinen Large motors are also large consumers of industrial energy. That makes them a prime target for energy efficiency initiatives. Energy efficiency is so important in the world’s journey to net zero that the International Energy Agency (IEA) has labeled it “the first fuel.” As part of this initiative, industrial electric motors are a key target area for…

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This Week’s Market Buzz

Oil prices rose after a top energy monitor said that prices might have bottomed on hopes that falling supply would help alleviate the global glut of crude. The International Energy Agency said that prices have been supported by easing supply around the globe but cautioned that the recent rally might not be sustainable as the demand outlook remains uncertain. Crude…

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