RSS Utilities News

IEA and World Bank to Invest Money at Renewables

IEA and World Bank to Invest Money at Renewables

Recently, World Bank and IEA announced plans to spend more on renewables, as they think that enough money is not invested in such renewable source due to which industries often point out of having lower gains in their profit margins. So, IEA and World Bank came up with an alternative to spend more money in […]

Magma Chamber

Iceland Successfully Harnesses Energy Directly From Magma

Five years ago, engineers at Icelandic Deep Drilling Project, IDDP witnessed a bizarre site while drilling a borehole in Krafla, Northeast Iceland. At 2100m they had accidently hit Earth’s magma chambers, intruding into the planet’s upper crust from below at searing temperatures of 900 to 1000 Celsius that generated super-hot vents of stems. The magma-heated […]