Will we be able to survive future superstorms?

According to a report filed by the United States Department of Energy (DOE), the country’s energy infrastructure may not be able to sustain future superstorms like Hurricanes Katrina and Sandy. 

As infrastructures get older, they grow susceptible to power outages, which can cost the taxpayers anywhere between $20 and $50 billion annually. And “the damages are going to get worse…” warns Jonathan Pershing Deputy Assistant Secretary of Energy at the DOE.

By 2030, approximately $1 trillion in energy assets in the Gulf Coast will be at risk of rising sea levels and increased hurricane activity. Last year was the 2^nd most expensive year on record for weather related disasters, with $115 billion in damages caused Sandy and extended droughts (Katrina was even more costly!).

“Increasing temperatures, decreasing water availability, more intense storm events, and sea level rise will each independently, and in some cases in combination, affect the ability of the United States to produce and transmit electricity from fossil, nuclear, and existing and emerging renewable energy sources,” the DOE report claims.

New research performed by Kerry Emanuel of the Massachusetts Institute of Technology reveals that greenhouse gas emissions may contribute to a 40% spike in the rate of tropical cyclones by 2100. Emanuel predicts that “these storms will generate stronger winds, rain and storm surges around the world. This extreme storm activity will likely be felt most acutely in the North Pacific, the North Atlantic and the southern Indian Ocean.”

Superstorms have already ravaged energy infrastructures across the U.S. Sandy caused fuel shortages throughout New Jersey and New York. Hot summer months forced power plants in New England and Illinois to shut down. Droughts and a lack of access to water resulted in fracking restrictions in Texas, North Dakota, and Pennsylvania.

The DOE report cites that these phenomenon “may become more frequent and intense in the future decades.” 2012 was the hottest year since the U.S. began recording temperatures back in 1895. These temperatures were followed by historic droughts, which reduced water available for generating hydroelectric power, cooling coal burning power plants, and supplying fracking operations.

 “We don’t have a robust energy system, and the costs of dealing with adverse environmental conditions are significant,” says Pershing. “The cost today is measured in the billions. Over the coming decades, it will be in the trillions. You can’t just put your head in the sand anymore.”

In the future, will you be able to rely on your regular utility company to provide for you? Or, when supply struggles to meet demand, will you be treated like an animal and left to forage for energy? Hopefully when that day comes you’ll have invested in the SH-Box by NRGLab, a renewable generator that’s portable, long-lasting, and completely carbon-free! That’s right - you could cut ties with public utilities and save money doing it! The SH-Box produces electricity for as little as $.03 per kWh. That’s less than a third of what you’re probably paying now…

Become energy independent. Be prepared for the future. Visit nrglab.asia for updates on the revolutionary SH-Box.

Mexico to finally end energy monopoly

The Mexican government is poised to finally open their energy industry to foreign investment, but in order to do so, they’ll have to amend their constitution first.

According to a board member for Petroleos Mexicanos, a government owned Oil Company, the country needs “very deep” legislative reform in order to attract private equity investments in crude and natural gas fields.  The proposed legislative is set to take effect by this Fall, claims Hector Moreira, a former official in Mexico’s Energy Ministry.

The Institutional Revolutionary Party - Mexico’s ruling party - is in the position to open the energy industry to foreign investment. Theoretically, this should stimulate domestic growth – an essential step to ensuring a stable and sustainable future for the region’s second-largest economy.

Representatives from Grupo Financiero Banorte and JPMorgan Chase & Co. are optimistic that President Enrique Pena Nieto will take the necessary steps to ensuring that the legislation passes.

“This administration doesn’t only have the willingness, but the political power and political capital to enact the changes,” says Gabriel Casillas, Banorte’s chief economic advisor.

A sluggish economy is putting added pressure on President Pena Nieto. Analysts predict that the proposed legislation and heightened taxes will boost the economy 6%.

Obviously, the world is slowly transitioning away from centralized energy infrastructures to independent, diverse, and interconnected alternatives.

NRGLab saw this transition coming long ago. That’s why we’ve spent the past decade developing a number of clean, renewable energy projects. Our goal is to make electricity universally available. No matter where you live or how much money you make, everyone deserves to plug-in to the world. Everyone deserves the chance to make something of themselves.

So, if you’re tired of relying on a public power provider, if you’re tired of bills you have no control over, and if you’re tired of contributing to the staggering level of carbon in our atmosphere – look no further than NRGLab. Visit our website at nrglab.asia for more information on any number of our projects. From the emission-free SH-Box to energy-efficient gasification processes – we’re working towards a better tomorrow. A greener future.

Join us.