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Tag Archives: power

Tesla Gives the California Power Grid a Battery Boost

By DIANE CARDWELL January 30, 2017 Just off a freeway in Southern California, 396 refrigerator-size stacks of Tesla batteries, encased in white metal, have been hastily erected with a new mission: to suck up electricity from the grid during the day and feed it back into the system as needed, especially in ...

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Off Long Island, Wind Power Tests the Waters

By DIANE CARDWELL January 21, 2017 Only a few years ago, the long-held dream of harnessing the strong, steady gusts off the Atlantic coast to make electricity seemed destined to remain just that. Proposals for offshore wind farms foundered on the shoals of high costs, regulatory hurdles and the fierce opposition of ...

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With Trump in Power, the Fed Gets Ready for a Reckoning

WASHINGTON — Paul A. Volcker, the Federal Reserve chairman, received an urgent warning two weeks after Ronald Reagan won the 1980 presidential election. Some of the president-elect’s advisers, he was told, wanted to abolish the central bank and replace it with a computer program that would manage interest rates and ...

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Michel Aoun Rises to Lebanese Presidency, Ending Power Vacuum

BEIRUT, Lebanon — Michel Aoun, a charismatic retired general, polarizing Christian politician and ally to Hezbollah, was chosen president of Lebanon on Monday morning, ending a two-and-a-half-year vacuum that had tested the country’s ability to function without political leadership. Mr. Aoun, 81, has developed a fervent political base of supporters ...

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