President Biden`s Inflation Reduction Act Invests 369 billion US Dollars to Reduce Carbon Emissions
On August 16, 2022, the U.S. Inflation Reduction Act 2022(Referred to as [IRA" or [The Act" hereinafter) was signed into law. The Act will make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030. The new proposal for the FY2022 Budget Reconciliation shows that $369 billion will be invested in Energy Security and Climate Change programs over the next ten years to reach the carbon reductio
On July 12, local time, Deutsche Bank wrote in a report that gas supplies in Europe remain tight because Russia has restricted gas exports to Europe. Under the threat that Russia discontinues the gas supply, German households may have to use wood as a heating source this winter. Prior to the outbreak of the Russia-Ukraine conflict, Europe relied on imports from Russia for 40% of its natural gas. Since the outbreak of the conflict, Russian gas supplies to Europe have continued to decline as Europe continues to inc
Turning waste into treasure - Classification of heat sources for heat pumps
According to information released by the U.S. Energy Agency, the entire U.S. society consumed 3,794,539 million kWh of electricity in 2021, an increase of 2.1% year-on-year. In terms of the structure of electricity consumption, the largest consumer of electricity is the residential sector, which consumed 1,476,569 million kWh in 2021, or 371 kWh per capita per month, accounting for 38.91%. The commercial sector is next, with electricity consumption of 1,324,782 million kWh, accounting for 34.91%. The third is the industrial sector, with electricity consumption of
New Energy Initiatives by Countries under Carbon Neutral Targets
In the fifth year of the Paris Climate Change Agreement, a carbon neutrality movement of great significance is emerging. The embryonic concept of carbon neutrality was introduced back in 1992 with the adoption of the United Nations Framework Convention on Climate Change, which aims to stabilize atmospheric concentrations of greenhouse gases at levels that prevent dangerous anthropogenic interference with the climate system. In 2020, UN Secretary-General Antonio Guterres delivered a speech on climate change. In his speech he specifically proposed that every country, city, financial institution
Impacts on the energy caused by Russo-Ukrainian War
As the world's largest natural gas exporter and the second largest oil exporter, Russia plays an important role in the global energy supply system. Since the outbreak of the Russia-Ukraine conflict in February 2022, the global energy landscape is significantly changing, and the Russia-Ukraine incident will certainly have a profound impact on the global energy landscape. Russia has long been the most important, even irreplaceable, energy supplier to the EU. 2021 Russia exports about 230 million tons of oil and 252 billion cubic meters of natural gas, respectively accounting for 1
What's better than having your own pool?
Having your own pool with the UWO VariPool Honor pool heat pump. UWO's newest high-end pool heat pump, the VariPool Honor, is a great way to enhance the pool experience. You deserve the enjoyment of a thermostatic pool in a star-rated hotel at home. Unlike traditional heat pumps, the VariPool Honor features an innovative air inlet and outlet design. The air outlets are located on both sides to avoid the user being hit by cold air when operating the heat pump, an
What can a heat pump do in the summer?
As its name suggests, a heat pump is an efficient and environmentally friendly device capable of converting a low level heat source into a high level heat source for heating, and can be used in conjunction with other terminals for indoor hot water, heating supply, and pool thermostat, etc. But did you know? Heating is not the only thing a heat pump can do. It can also be used as an air conditioner to cool the room in summer. ● The principle of cooling for air source heat pump
New European Energy Label applicable from March 1st, 2021
On Monday, March 1, 2021, a brand-new edition of the well-established EU energy label will be used in all stores and online retailers to assist EU consumers in reducing their energy costs and carbon footprint. The four product categories of refrigerators and freezers, dishwashers, washing machines, and televisions(and other external monitors) will be the first to use the new labeling. Light bulbs and lamps with fixed light sources will be implemented On September 1st, and other products will follow in the upcoming years.
Research shows that heat pump technology increases value of homes in the United States
What other benefits can heat pump technology bring to its users? As we all know, heat pump is a device with high efficiency, low energy consumption, and can be used for both cooling and heating. Its working principle follows the inverse Carnot principle, i.e., it absorbs a large amount of low temperature heat energy from the air with very little electrical energy, turns it into high temperature heat through the compressor, and then transmits it to the water tank to heat hot water.
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