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ENERGY COSTS
Austin weatherized 625 homes for low-income customers in 2021; Austin Energy estimated 687.5 MWh of annual savings after insulation, sealing and AC workAustin Energy's weatherization initiative has made a notable impact on energy efficiency within low-income households. By providing no-cost...- Charting the global economy: Oil surge fans global inflationIn the US, hotter-than-expected consumer inflation and the biggest monthly increase in producer prices since May bolstered the case for a F...
- US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
- Philadelphia installed white roofs on about 340 low-income seniors’ homes from 2001–2003; ceiling temperatures fell 4–5°F, and air-conditioning electricity use fell by 560 kWh per yearIn Philadelphia, the initiative to paint roofs white resulted in a remarkable decrease in home temperatures and energy consumption. This co...
- Global Market: Eurozone bonds slide as energy prices stoke inflation fearsEurozone government bonds are facing their sharpest weekly selloff since the Iran war began as surging energy prices fuel inflation concern...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian markets ended higher after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. Crude abov...
- US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
- ECB raises interest rates as Iran war fans inflation fearsThe European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is d...
- Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
- In 2015, AP+I Design helped transform a 1,328.5-square-meter dark office into a bright workspace. 11 years later, it remains Mountain View's first commercial zero-energy buildingIn 2015, AP+I Design gave a dark 1,328.5-square-meter office in Mountain View a completely new life. The designers brought in light, openne...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- In Tucson, a 28,000-square-foot city roof got a white elastomeric coating; cooling energy fell 50–65%, saving over 400 million Btu and nearly $4,000 a yearCool roof coatings present an easy and efficient method to lower cooling bills during hot summer days. A Tucson city building illustrated i...
- $100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
- Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
- Chicago planted a 20,300-square-foot green roof on City Hall; EPA says its surface can be about 100°F cooler than nearby conventional roofs and saves nearly $5,000 in energy each yearChicago's City Hall green roof demonstrates substantial cooling and energy savings. This innovative rooftop garden reduces surface temperat...
- AT&T painted two Nevada telecom roofs white; roof surfaces cooled 35–40°F, reached 12°F below outdoor air, and two buildings saved about 0.5 kWh of electricity a dayA study explored how white roofs reduced energy costs for AT&T communication buildings. Researchers observed significant roof surface tempe...
- Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decisionEurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japan’s mar...
- Tech companies look to Argentina's windswept Patagonia to build massive data centersAs tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center campaigns, projects...
- ECB rate decision: Five key questions for markets as energy prices fuel inflation fearsThe European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push...
- In 2001, researchers tested a white roof on a large Austin retail store; the study reported lower roof temperatures and an 11% reduction in cooling energy useA 2001 study in Austin demonstrated that white roofs lowered building temperatures significantly. This change reduced air conditioning ener...
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