Niue is committed to transitioning the electricity sector from fossil fuel to renewable energy. The NiSERM outlines Niue's aspiration to meet 80% of its electricity needs from renewable energy sources by 2025, which would in turn reduce the country's high reliance on imported fossil fuel. Contact online >>
Niue is committed to transitioning the electricity sector from fossil fuel to renewable energy. The NiSERM outlines Niue''s aspiration to meet 80% of its electricity needs from renewable energy sources by 2025, which would in turn reduce the country''s high reliance on imported fossil fuel.
The proposed model can be used to explore the complex search space by selecting a subset of miners that minimizes the energy consumption without drastically impacting the primary goals of the blockchain technology (i.e., security/trustworthiness and decentralization). —Blockchain technology has gained recognition in industrial, financial, and various technological domains for its potential
Jonathan Elkind, a senior research scholar at Columbia University''s Center on Global Energy Policy, called energy dominance a "deliberately vague concept," but said, "It''s hard to see how
Alofi is the capital of the island nation of Niue. With a population of 610 in 2022, [4] Alofi has the distinction of being the second-smallest capital city of a sovereign state by population (after Ngerulmud, capital of Palau). It consists of two villages: Alofi North and Alofi South.
Alofi is the capital of the island nation of Niue. With a population of 610 in 2022,[4] Alofi has the distinction of being the second-smallest capital city of a sovereign state by population (after Ngerulmud, capital of Palau). It consists of two villages: Alofi North and Alofi South. They collectively serve as the capital, but of the two, Alofi South hosts more government buildings, as many were moved to the southern part after Cyclone Heta.
In January 2004, Niue was hit by the fierce tropical storm Cyclone Heta, which killed two people and did extensive damage to the entire island. Many of Alofi''s buildings were destroyed, including the hospital. Government buildings were shifted to a less exposed site 3 km (≈ 2 mi) inland from the west coast,[8] named Fonuakula, after the storm.[9] This site is within the village boundaries of Alofi South.
It is located at the centre of Alofi Bay on the west coast of the island, close to the only break in the coral reef that surrounds Niue. The bay stretches for 30% of the island''s length (about seven kilometres) from Halagigie Point in the south to Makapu Point in the north.
Alofi features a tropical rainforest climate under the Köppen climate classification, with no discernible dry season. The city has a noticeably drier stretch from June through September. However, all of these months average more than 60 mm (2.4 in) of rain, the limit for a dry season month. Average temperatures vary slightly throughout the course of the year in Alofi hovering at around 27 °C (81 °F), during the warmest month (February) and at around 23 °C (73 °F) during the coolest months (July and August).
The town is serviced by Niue International Airport, and there are numerous roads, both paved and dirt, that crisscross the town.[12]
Former President Donald Trump has cited more energy production, specifically drilling for oil and natural gas, as the key to bringing down energy prices, and inflation overall. He promises to “cut energy prices in half within 12 months” of taking office.
“We will frack, frack, frack and drill, baby, drill,” Trump said in Detroit on Oct. 18. “I will cut your energy prices in half within 12 months. … Cut them in half within 12 months of taking office. That''s going to bring everything down.”
It’s a standard refrain in many of Trump’s speeches. “We have tremendous wealth in this country, but it’s under our feet. It’s called liquid gold. And we’re going to bring down your energy costs. And, with that, everything’s going to follow,” he said at an Oct. 16 town hall on Fox News, in response to a question about his “plans to revitalize the economy.”
Economists and energy experts say that increasing the supply of oil and natural gas could bring down prices in the short term, if demand remains the same, but there are several complicating factors to Trump’s plan. The price of oil is set on a global market, subject to global supply and demand, and world events. Both U.S. and world producers react to those prices, shying away from producing more if the price is low. Experts we interviewed also didn’t see a way for Trump to lower energy prices for consumers by 50%.
When President Joe Biden encouraged oil companies to produce more in 2022, experts told us there was no quick fix for the supply crunch then — caused by the economic downturn during the COVID-19 pandemic. Gasoline prices rose as demand returned to pre-pandemic levels, and the Russian invasion of Ukraine further increased prices. Since then, gasoline and oil prices have come down.
The Consumer Price Index for household energy, a measure of inflation for items used to heat, cool and power households, has gone up 29% under Biden, according to the Bureau of Labor Statistics. As with inflation overall, the CPI for household energy has moderated greatly since 2022 and early 2023. The measure is up 2.4% for the 12 months ending in September.
U.S. oil production has hit record levels. In 2023, the U.S. averaged more than 12.9 million barrels per day, higher than the previous record of more than 12.3 million barrels in 2019, according toEnergy Information Administration data. The EIA projected that would rise to an average of 13.2 million barrels per day for 2024.
In Michigan in late August, Trump said he could cut consumers’ energy costs by 50%, adding, “we can do that if you have the oil supply, which we have more than anybody. Your heating and air conditioning, electricity, gasoline all can be cut down in half. … To achieve this rapid reduction in energy costs, I will declare a national emergency to allow us to dramatically increase energy production, generation and supply. … Starting on Day 1, I will approve new drilling, new pipelines, new refiners, new power plants, new reactors, and we will slash the red tape."
Trump’s campaign website says he will speed up the approval of drilling permits and leases; fill the Strategic Petroleum Reserve; stop environmental litigation; provide tax relief to oil, gas and coal companies; and rollback emissions regulations adopted under Biden, among other measures.
About Alofi electricity policy
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