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T-Mobile surprises as tech winner in tough stock market

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With every part from once-high-flying software program firms to behemoths equivalent to Alphabet Inc. mired in losses this yr, buyers seeking to earn money in technology-related shares have discovered a shocking winner— T-Mobile US Inc.

The mobile-phone service has jumped 26% and is flirting with an all-time excessive. It is the one tech, media or telecommunications inventory among the many Nasdaq 100 Index’s finest performers, aside from Activision Blizzard Inc., the video-game firm that is being acquired.

Quick-growing tech firms with excessive valuations have been hit by larger rates of interest, whereas a slowing financial system has weighed on advertising-dependent web companies. However T-Mobile has been surpassing estimates for brand new subscribers this yr, helped by its cut-rate cell phone plans.

“As we noticed in the course of the pandemic, mobile connectivity is important in modern society and is among the final issues to be minimize by customers,” stated Keith Snyder, senior fairness analyst at CFRA Analysis. “They could drop to decrease priced plans and maintain off on buying new units, however they will not cancel service.” He has a robust purchase score on the inventory.

T-Mobile future outlook

T-Mobile has outperformed rivals AT&T Inc. and Verizon Communications Inc. by aggressively pricing telephone plans at decrease tariffs, attracting prospects whose wallets are being squeezed by rising inflation. AT&T fell 1.6% this yr, whereas Verizon has slumped 13%.

It additionally made inroads into constructing out its 5G community since buying Dash Corp. in 2020, at a time when its rivals had been busy shedding their media ventures to show their focus again to the telecom enterprise.

T-Mobile  is “benefitting from the Dash merger, each on the income and value facet,” stated Ric Prentiss, analyst at Raymond James, who has a robust purchase advice on the inventory. “T-Mobile UK has gained a 5G community benefit, and is not only a worth chief however can compete and win on community high quality as nicely.”

To make certain, the inventory is not low cost. Buying and selling at 30 instances ahead earnings, it dwarfs AT&T at 7.3 and Verizon at 8.6 instances. The rivals additionally pay dividends, in contrast to T Mobile. That has stored investors searching for a gentle stream dividends out of the fray.

Although T Mobile USA has seen “nice” business growth this yr, it is nonetheless “extraordinarily costly,” stated David Bahnsen, chief funding officer on the Bahnsen Group, a wealth administration agency with $3.7 billion in belongings that owns a Verizon stake. Bahnsen stated the stock is a “speculative play greater than it is a secure worth play.”

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  1. Abdullah

    September 12, 2022 at 7:11 am

    Thank you for nice information.

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‘Assassin’s Creed’ composer wins first ever video game music Grammy

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‘Assassin’s Creed’ composer Stephanie Economou accepts the Grammy for Best Score Soundtrack for Video Games and Other Interactive Media — the first time the award has been handed out.

“Assassin’s Creed” composer Stephanie Economou won the first ever Grammy honoring video game scores at Sunday’s gala in Los Angeles.

Industry players had lobbied for years for a prize celebrating the work behind video game soundtracks, an acknowledgment of the major impact gaming and its music have on pop culture.

In her acceptance speech, Economou—who composed the music for “Assassin’s Creed Valhalla: Dawn Of Ragnarok”—praised those who had urged the Recording Academy to finally include the category.

Backstage, she said the win felt “incredible.”

“I did not have high hopes for this category because… I am generally very green in the video game music space and up against such giants and veterans,” she said.

For the inaugural award, the other nominees were the composers behind “Aliens: Fireteam Elite,” “Call Of Duty: Vanguard,” “Marvel’s Guardians Of The Galaxy” and “Old World.”

Economou noted that she was the only woman nominated in the category, saying: “I hope it sets precedent and I hope it’s not just one woman in the category each year from here on out.”

Before this year, video games were included in the Score Soundtrack for Visual Media category, which also featured music for film and television.

The global gaming industry may have hit close to $200 billion in 2022, according to a projection from the Global Games Market Report, and a recent Deloitte survey taken across the United States, Britain, Germany, Brazil and Japan said that video games are the top entertainment source for Gen Z.

Many young gamers cite music as integral to the experience, with one third of respondents saying they looked up game music online afterwards, and 29 percent saying they often discovered new music while gaming.

“A lot of them cannot separate the music from a game—and that’s a really exciting opportunity for any composer coming in,” the Los Angeles-based Economou told AFP prior to Sunday’s show.

“A lot of them cannot separate the music from a game—and that’s a really exciting opportunity for any composer coming in,” she said.

The new category “is an important step for people to recognize that video games have been in the zeitgeist for so long now.”

© 2023 AFP

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‘Assassin’s Creed’ composer wins first ever video game music Grammy (2023, February 6)
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New algorithm distributes risk fairly

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Trajectory planning based on risk distribution. On the basis of a probability-based prediction of all road users (shown here as heatmaps around the black most likely predictions) and an estimated harm value, every trajectory of the AV can be assigned risk values for every road user. Credit: Nature Machine Intelligence (2023). DOI: 10.1038/s42256-022-00607-z

Researchers at the Technical University of Munich (TUM) have developed autonomous driving software which distributes risk on the street in a fair manner. The algorithm contained in the software is considered to be the first to incorporate the 20 ethics recommendations of the EU Commission expert group, thus making significantly more differentiated decisions than previous algorithms.

Operation of automated vehicles is to be made significantly safer by assessing the varying degrees of risk to pedestrians and motorists. The code is available to the general public as Open Source software.

Technical realization is not the only obstacle to be mastered before autonomously driving vehicles can be allowed on the street on a large scale. Ethical questions play an important role in the development of the corresponding algorithms: Software has to be able to handle unforeseeable situations and make the necessary decisions in case of an impending accident.

Researchers at TUM have now developed the first ethical algorithm to fairly distribute the levels of risk rather than operating on an either/or principle. Approximately 2,000 scenarios involving critical situations were tested, distributed across various types of streets and regions such as Europe, the U.S. and China. The research work published in the journal Nature Machine Intelligence is the joint result of a partnership between the TUM Chair of Automotive Technology and the Chair of Business Ethics at the TUM Institute for Ethics in Artificial Intelligence (IEAI).

Maximilian Geisslinger, a scientist at the TUM Chair of Automotive Technology, explains the approach: “Until now, autonomous vehicles were always faced with an either/or choice when encountering an ethical decision. But street traffic can’t necessarily be divided into clear-cut, black and white situations; much more, the countless gray shades in between have to be considered as well. Our algorithm weighs various risks and makes an ethical choice from among thousands of possible behaviors—and does so in a matter of only a fraction of a second.”

More options in critical situations

The basic ethical parameters on which the software’s risk evaluation is oriented were defined by an expert panel as a written recommendation on behalf of the EU Commission in 2020. The recommendation includes basic principles such as priority for the worst-off and the fair distribution of risk among all road users. In order to translate these rules into mathematical calculations, the research team classified vehicles and persons moving in street traffic based on the risk they present to others and on the respective willingness to take risks.

A truck for example can cause serious damage to other traffic participants, while in many scenarios the truck itself will only experience minor damage. The opposite is the case for a bicycle. In the next step the algorithm was told not to exceed a maximum acceptable risk in the various respective street situations. In addition, the research team added variables to the calculation which account for responsibility on the part of the traffic participants, for example the responsibility to obey traffic regulations.

Previous approaches treated critical situations on the street with only a small number of possible maneuvers; in unclear cases the vehicle simply stopped. The risk assessment now integrated in the researchers’ code results in more possible degrees of freedom with less risk for all. An example will illustrate the approach: An autonomous vehicle wants to overtake a bicycle, while a truck is approaching in the oncoming lane. All the existing data on the surroundings and the individual participants are now utilized.

Can the bicycle be overtaken without driving in the oncoming traffic lane and at the same time maintaining a safe distance to the bicycle? What is the risk posed to each respective vehicle, and what risk do these vehicles constitute to the autonomous vehicle itself? In unclear cases the autonomous vehicle with the new software always waits until the risk to all participants is acceptable. Aggressive maneuvers are avoided, while at the same time the autonomous vehicle doesn’t simply freeze up and abruptly jam on the brakes. Yes and No are irrelevant, replaced by an evaluation containing a large number of options.

‘The sole consideration of traditional ethical theories resulted in a dead end’

“Until now, often traditional ethical theories were contemplated to derive morally permissible decisions made by autonomous vehicles. This ultimately led to a dead end, since in many traffic situations there was no other alternative than to violate one ethical principle,” says Franziska Poszler, scientist at the TUM Chair of Business Ethics. “In contrast, our framework puts the ethics of risk at the center. This allows us to take into account probabilities to make more differentiated assessments.”

The researchers emphasized the fact that even algorithms that are based on risk ethics—although they can make decisions based on the underlying ethical principles in every possible traffic situation—they still cannot guarantee accident-free street traffic. In the future it will additionally be necessary to consider further differentiations such as cultural differences in ethical decision-making.

Until now the algorithm developed at TUM has been validated in simulations. In the future the software will be tested on the street using the research vehicle EDGAR. The code embodying the findings of the research activities is available as Open Source software. TUM is thus contributing to the development of viable and safe autonomous vehicles.

More information:
Maximilian Geisslinger et al, An ethical trajectory planning algorithm for autonomous vehicles, Nature Machine Intelligence (2023). DOI: 10.1038/s42256-022-00607-z

Project “ANDRE—AutoNomous DRiving Ethics”: www.ieai.sot.tum.de/research/a … mous-driving-ethics/

Code: github.com/TUMFTM/EthicalTrajectoryPlanning

Citation:
Autonomous driving: New algorithm distributes risk fairly (2023, February 3)
retrieved 6 February 2023
from https://techxplore.com/news/2023-02-autonomous-algorithm.html

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A lizard-inspired robot to explore the surface of Mars

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A prototype of the team’s lizard-inspired quadruped robot. Credit: Chen et al (MDPI, 2023).

Technological advances have opened exciting possibilities for space exploration, which could potentially lead to new discoveries about the celestial bodies in our galaxy. Robots have proved to be particularly promising tools to explore other planets, particularly Mars, a terrestrial planet in the solar system that is known to host some similar elements to those found on Earth.

The exploration of Mars and its surface is a fascinating quest, as it could unveil the signs of past or present extra-terrestrial life. In addition to potentially unveiling forms of ancient microbial life, these explorations could lead to the discovery of resources that exist outside of Earth, potentially paving the way for future human missions to Mars.

Researchers at Nanjing University of Aeronautics and Astronautics have recently developed a new four-legged robot inspired by lizards that could aid the exploration of the red planet’s surface. Their robot, introduced in MDPI’s Biomimetics journal, has a flexible body structure that can replicate a desert lizard’s movements and locomotion style.

“To assist ambitious uncrewed missions to Mars, specific types of planetary rovers have been developed for performing tasks on Mars’ surface,” Guangming Chen, Long Qiao, Zhenwen Zhou, Lutz Richter and Aihong Ji wrote in their paper. “Due to the fact that the surface is composed of granular soils and rocks of various sizes, contemporary rovers can have difficulties in moving on soft soils and climbing over rocks. To overcome such difficulties, this research develops a quadruped creeping robot inspired by the locomotion characteristics of the desert lizard.”

The biomimetic robot created by Chen and his colleagues is comprised of a flexible spine-like structure and four legs. To replicate the “creeping” motion typical of lizards, every leg features two hinges and a gear that elicits a swinging movement.

Each of the hip joints connecting the spine structure with the robot’s legs is made of two servos and a four-linkage mechanism that allows the robot to lift without losing its balance. The robot’s “feet” have four flexible “toes,” consisting of two hinges and a claw.

“The leg structure utilizes a four-linkage mechanism, which ensures a steady lifting motion,” the researchers explained in their paper. “The foot consists of an active ankle and a round pad with four flexible toes that are effective in grasping soils and rocks.”

To replicate the movements of lizards, the researchers created a series of kinematics models for each of their robot’s components. They then used these models and numerical calculations to plan the robot’s movements.

“To determine robot motions, kinematic models relating to foot, leg, and spine are established,” Chen and his colleagues wrote in their paper. “Moreover, the coordinated motions between the trunk spine and leg are numerically verified.”

The researchers initially evaluated their robot in a series of simulations, to determine whether it could effectively replicate the movements of lizards. Their results were very promising, as they found that their robot could perform the desired motions and walking style.

Chen and his colleagues have already created a prototype of their robot using 3D-printed resin materials, a servo control panel, a lithium battery, and other electronic components. They then used a simulation testbed to evaluate their prototype robot’s movements on rocky surfaces that resemble the terrain on Mars.

They found that the robot could effectively move in rocky environments, highlighting its potential for future missions on the red planet. Before it can be deployed and tested outside the lab, however, the team will need to develop it further, for instance adding a protective sealing structure that would protect it from soil or airborne dust and building its body using more resistant materials.

Chen and his colleagues are now working on machine learning models that would allow their robot to adapt its movements to different terrains. In addition, they plan to introduce a system that would provide continuous power supply for the robot.

More information:
Guangming Chen et al, Development of a Lizard-Inspired Robot for Mars Surface Exploration, Biomimetics (2023). DOI: 10.3390/biomimetics8010044

© 2023 Science X Network

Citation:
A lizard-inspired robot to explore the surface of Mars (2023, February 3)
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Western Australia outback proves no match for Aussie nuclear know-how

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The Coris360 imaging technology on the road in Western Australia to locate a radioactive source. Credit: ANSTO

A dedicated team of radiation specialists from the Australian Nuclear Science and Technology Organization (ANSTO) are behind the successful detection and rapid retrieval of a missing radioactive source in outback Western Australia.

Working alongside authorities from the Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), Defense, and the Western Australia Department of Fire and Emergency Services (DFES) as part of a multi-agency response, the team of radiation experts located the minuscule-sized source during a vehicle search using a suite of radiation equipment including ANSTO’s own custom-developed radiation detection and imaging technology.

The source was found two meters from the roadside on the Great Northern Highway near the town of Newman, when ANSTO’s radiation detection equipment—which was mounted in the back of the vehicle—detected the presence of gamma rays while traveling at 70 kilometers per hour.

Western Australia outback proves no match for Aussie nuclear know-how
Coris360 technology mounted in a vehicle. Credit: ANSTO

The portable radiation detection technology was a modified version of ANSTO’s own CORIS360, an Australian innovation by Chief Technology Officer and Principal Scientist of ANSTO’s Detection and Imaging unit, Dr. David Boardman.

The CORIS360 technology produces fast, precise, and high-quality 360-degree images that pinpoint the identity and location of radiation in an area, while minimizing the need for workers to stay within a radiation environment.

Since its launch in 2020, the CORIS360 radiation detection technology has captured the global attention of agencies and organizations that support nuclear operations and national security activities.

ANSTO’s Group Executive for Nuclear Safety, Security, and Stewardship Group, Dr. Miles Apperley commended the rapid recovery of the source by the team of experts from ANSTO’s radiation protection services, radiation services, and detection and imaging units in Lucas Heights, who arrived in Perth on Monday evening and joined the search response on Tuesday morning.

“For the team to find this missing source over a span of 1,400 kilometers and in the formidable conditions of the outback after only being on the ground for two days, is not only a phenomenal feat, but a testament to Australia’s highly sophisticated nuclear capabilities and our people,” Dr. Apperley said.

“Prior to deployment, ANSTO staff performed drive-by test runs of the detection equipment at Lucas Heights using an equivalent radioactive source activity, and evaluated different speeds and terrain conditions to ensure we could confidently detect the missing capsule.

“The sensitivity of the modified CORIS360 technology gave us the confidence it would be found, and this scenario is an incredible exemplar of Australian nuclear innovation which is aiding defense, the mining industry, and supporting nuclear safeguards and security.

“Australia may have a small nuclear program, but we’re a sophisticated nuclear nation and in many ways, we’re world leaders that punch above our weight when it comes to nuclear expertise and stewardship.

“As ANSTO celebrates 70 years of nuclear expertise in Australia this year, this outcome gives us another reason to honor the great talent we have in this country and the capabilities that ANSTO has so proudly held for decades.”

Western Australia outback proves no match for Aussie nuclear know-how
CORIS360 on location scan. Credit: ANSTO

Australian Minister for Industry and Science, Hon Ed Husic MP praised the response efforts of ANSTO and the strong collaborative efforts across the state and Commonwealth.

“It’s fair to say finding a piece of equipment the size of a button in a vast desert was no easy task, and I would like to take this opportunity to thank ANSTO in collaboration with ARPANSA and DFES for their work in locating the capsule,” Minister Husic said.

“ANSTO’s expertise in nuclear technology played an absolute key role in detecting the equipment, having innovated the device which was ultimately used to find the coin-sized capsule on the roadside.”

More information:
For more information about ANSTO’s CORIS360 technology, visit www.ansto.gov.au/products/dete … and-imaging-coris360

Citation:
Western Australia outback proves no match for Aussie nuclear know-how (2023, February 3)
retrieved 5 February 2023
from https://techxplore.com/news/2023-02-western-australia-outback-aussie-nuclear.html

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Abandoning wood cook stoves would be great for Africa, if families could afford it

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A child in Madagascar stands before her family’s wood-burning indoor cook stove. Traditional cooking harms human health and the environment. Credit: Charles Nunn, Duke University

Replacing traditional biomass-burning cookstoves across sub-Saharan Africa could save more than 463,000 lives and US $66 billion in health costs annually, according to a new analysis of the most socially optimal cooking technologies in Africa.

But the promise of those outcomes alone may not be enough to hasten the adoption of cleaner alternatives, the researchers warn.

The study, published in the open source journal Nature Sustainability, used a geospatial model to determine the best cooking options by location across the continent, weighing factors such as availability and cost of fuel, time spent gathering fuels and preparing meals, and impacts on health and the environment. In the model, everyone using a traditional cookstove—around 83 percent of households in sub-Saharan Africa, comprising nearly 1 billion people—would switch to stoves that delivered more benefits to both households and society.

“From both a social perspective and a private perspective, it would be optimal for most of these households to use cleaner technologies,” says Marc Jeuland, Ph.D., an associate professor of global health and public policy at Duke who led the research. “And so that’s telling you that these polluting technologies are extremely damaging.”

Traditional stoves typically burn wood or other solid fuels, generating indoor air pollution and climate-altering emissions. Cooking regularly on such stoves can cause respiratory disease, as well as contribute to global warming and deforestation. Stoves fueled by electricity or even liquid petroleum gas (LPG) mitigate those risks while also offering efficiencies in time and labor. Many African households using traditional stoves spend more than an hour a day gathering fuel to prepare meals, Jeuland notes.

Despite those advantages, adoption of cleaner alternatives has been sluggish in Africa, which has lagged other regions in the transition away from polluting cooking technologies. In fact, according to the World Bank’s 2022 Energy Progress Report, the number of people using biomass-burning cookstoves actually increased by 50 percent between 2000 and 2020, as population growth outpaced conversion.

Jeuland and colleagues describe the situation as a “severe market failure” that calls for new policies and incentives to stimulate growth of cleaner technologies.

“Just because something may be beneficial from a social or private perspective doesn’t necessarily mean it’s affordable,” Jeuland says. The up-front cost of purchasing a new stove and ongoing fuel costs “are going to continue to be a barrier for many households in sub-Saharan Africa unless you really reduce those costs through subsidies of some form.”

Abandoning wood cook stoves would be great for Africa, if families could afford it
A small home in Madagascar containing a typical wood-fired cooking area. Indoor air quality and deforestation are huge consequences of traditional cooking. Credit: Charles Nunn, Duke University

Jeuland favors subsidies that would reduce the cost of conversion for most families to “close to zero.” He also believes wealthy nations should help foot the bill, since a wide-scale shift to cleaner cooking technologies would lessen a climate problem that those countries bear the most responsibility for creating.

“If rural Africans continue to harvest firewood for cooking, the contribution to climate change is pretty minimal. But because those damages are accumulating, the rich world should be paying to avoid them,” Jeuland says.

But affordability is not the only obstacle. Many parts of Africa do not have reliable electricity or infrastructure to deliver gas for LPG stoves, Jeuland says. The researchers’ model, designed by a team of energy systems engineers at the KTH Royal Institute of Technology in Sweden, accounted for regional infrastructure differences, picking the technology best suited for each location’s unique circumstances.

In the model selecting for the highest net benefits, about two-thirds of households across sub-Saharan Africa would be best off using LPG stoves, with another 30 percent, mostly in urban areas where grid power is available, using electric. Smaller populations in the poorest and most remote locations would use biogas or improved biomass stoves, which burn more cleanly than traditional cookstoves. Even when factoring only benefits to the household, the model suggests eight in ten people in sub-Saharan Africa should switch to cleaner technologies.

The results can help governments and nonprofits target their efforts to encourage conversion, Jeuland says. Doing more to inform people about the potential benefits of switching and developing technologies that are well-suited to local cultures and customs will also be critical, he adds.

But one other area Jeuland would like to explore is how to influence who is at the table when household cooking preferences are discussed. In traditional societies where women and children are exerting most of the cooking labor, men still often make most of the financial decisions.

“Women tend to not have as much bargaining power, and their preferences are down-weighted in these households,” Jeuland says. “And so we need to be thinking about how to empower women in these decisions.”

More information:
Babak Khavari et al, A geospatial approach to understanding clean cooking challenges in sub-Saharan Africa, Nature Sustainability (2023). DOI: 10.1038/s41893-022-01039-8

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Abandoning wood cook stoves would be great for Africa, if families could afford it (2023, February 3)
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Industry and community must work together for a hydrogen future, say researchers

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Credit: Unsplash/CC0 Public Domain

Investment in the hydrogen economy is accelerating at unprecedented rates, but a large misalignment between industry and community is holding Australia back from effective adoption.

While the industry assumes that the population is concerned about the safety of hydrogen, communities are driven by their personal future and greenhouse gas concerns, according to new research by Swinburne University of Technology’s Victorian Hydrogen Hub (VH2).

The wider public do not generally have a detailed understanding about the technical information associated with hydrogen, but this is not impacting public trust in those working with hydrogen.

In fact, there is generally low levels of concern that incidents such as the Hindenburg disaster would be repeated. Instead, climate change, the environment, and future generations are most important as people hope to reduce the impact of slow renewable energy adoption.

The study offers promising solutions, highlighting how communities are under-utilized and should be treated as valuable resources, rather than objects to be managed. Critical suggestions such as collaborative frameworks and fostering an integrated and empathetic relationship between stakeholders can enable innovative and collaborative hydrogen energy developments to create a more sustainable future.

Victorian Hydrogen Hub Social License Adjunct Research Fellow Dr. Kim Beasy says, “We’ve found that often, community members wanted to understand why hydrogen was a good idea and how it contributes towards reducing greenhouse gas emissions. Industry seemed to jump straight to technicalities of the technology such as safety in their perceptions of what the community want to know about. Clearly, we need to better understand how industry and community can work productively together to ensure that the renewable energy sector continues to grow.”

“If industry stakeholders can see themselves as community members too, this could go some way toward reducing the ‘us against them’ situation that often evolves during development projects. I hope that this research helps the way that stakeholders think about hydrogen differently and shows them that this matters.”

The paper is published in the International Journal of Hydrogen Energy.

More information:
Kim Beasy et al, Industry perceptions and community perspectives on advancing a hydrogen economy in Australia, International Journal of Hydrogen Energy (2022). DOI: 10.1016/j.ijhydene.2022.11.230

Citation:
Industry and community must work together for a hydrogen future, say researchers (2023, February 3)
retrieved 5 February 2023
from https://techxplore.com/news/2023-02-industry-community-hydrogen-future.html

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UK mega-lab generates weather to test homes of future

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Simulated snow covers a car and the walls of one of two houses built in a lab to develop future heating solutions that will use less energy and help meet climate goals.

The thermometer sinks below zero as a blizzard of fine snow descends on two houses freshly built inside a massive laboratory in northern England.

Despite the icy conditions, the two energy-efficient homes remain cozy and warm due to their use of cutting-edge heating and insulation technology.

Welcome to Energy House 2.0—a science experiment designed to help the world’s housebuilders slash carbon emissions, save energy and tackle climate change.

The project, based in a laboratory resembling a giant warehouse on Salford University campus near the center of Manchester, opened last month.

Rain, wind, sunshine and snow can be recreated in temperatures ranging from 40 degrees Celsius to -20C, operated from a control center.

Replicating weather

“What we’ve tried to achieve here is to be able to replicate the weather conditions that would be experienced around 95 percent of the populated Earth,” Professor Will Swan, head of energy house laboratories at the university, told AFP.

The facility, comprising two chambers that can experience different weather at the same time, will test types of housing from all over the world “to understand how we deliver their net-zero and energy-efficient homes”, he added.

Inside the massive warehouse-style lab, scientists can recreate rain, wind, sunshine, or snow
Inside the massive warehouse-style lab, scientists can recreate rain, wind, sunshine, or snow.

The two houses, which are quintessentially British and constructed by firms with UK operations, will remain in place for a few years.

Other builders will then be able to rent space in the lab to put their own properties under the spotlight.

The project’s first house was built by UK property firm Barratt Developments and French materials giant Saint-Gobain.

It is clad with decorative bricks over a frame of wood panels and insulation, with solar panels on the roof.

Scientists are examining the efficiency of several different types of heating systems, including air-source heat pumps.

In the living room, a hot-water circuit is located along the bottom of the walls, while further heat is provided via infra-red technology in the molding and from a wall panel.

Mirrors also act as infra-red radiators while numerous sensors monitor which rooms are in use.

The lab can test heating technologies that could significantly reduce energy bills
The lab can test heating technologies that could significantly reduce energy bills.

Residents will be able to manage the technology via one single control system similar to Amazon’s voice-activated Alexa interface.

Builders estimate the cutting-edge tech will mean that the energy bill will be just one quarter of what the average UK home currently pays, a boon to customers reeling from sky-high energy prices.

It will also make an important contribution to Britain’s efforts to reach zero carbon emissions by 2050 to combat climate change.

A parliamentary report found that, in 2019, 17 percent of heating emissions from buildings came from homes—making their contribution similar to all the petrol and diesel cars driving on Britain’s roads.

Environmental campaigners have long called on the UK government to increase energy efficiency and insulation support for existing homes across Britain.

‘Alexa of home energy’

“One of the key technologies that we’re trying on this house is almost like a building management system for residential buildings,” said Tom Cox, UK technical director at Saint-Gobain.

UK mega-lab generates weather to test homes of future
Scientists can test a year’s worth of weather conditions in a week.

“It’s almost like the Alexa of the home energy system—and that can be automated as much as the occupant wants.”

And now with their mega-laboratory, scientists and companies no longer have to wait for extreme swings in the weather.

“We can test a year’s worth of weather conditions in a week,” added Cox.

The “ultimate goal is to create that environment which is comfortable and cost effective and commercially viable to deliver”, added Cox.

“At the same time (we are) addressing the sustainability issues that we have in construction.”

© 2023 AFP

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UK mega-lab generates weather to test homes of future (2023, February 5)
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Tesla hikes price of Model Y after US alters tax credit rule

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A Tesla Model Y Long Range is displayed on Feb. 24, 2021, at the Tesla Gallery in Troy, Mich. Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits. Credit: AP Photo/Carlos Osorio, File

Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.

The Austin, Texas, electric vehicle company bumped up the price of the Model Y Long Range version by about 2% to $54,990 and the Performance version by about 2.7% to $57,990, according to its website. The prices exclude shipping and an order fee.

The moves, made Friday, come three weeks after Tesla cut prices nearly 20% on some versions of the Model Y, the company’s top-selling vehicle. The price cuts were made to boost sagging demand, and also to make more versions of the Model Y eligible for the $7,500 electric-vehicle tax credit in the Inflation Reduction Act. The full tax credits will be available at least into March.

On Friday, The Treasury Department revised vehicle classification definitions to make more EVs—including SUVs made by Tesla, Ford and General Motors—eligible the full $7,500.

The change came after lobbying by automakers that had pressed the Biden administration to change vehicle definitions to allow higher priced vehicles to qualify for a maximum credit. Tesla CEO Elon Musk met with top aides to President Joe Biden last week to discuss the EV industry and the broader goals of electrification.

Under the sweeping law approved last summer, pickup trucks, SUVs and vans with a sticker price up to $80,000 qualify for EV tax credits, while new electric cars, sedans and wagons can only be priced up to $55,000. The rule had disqualified some higher-priced SUVs, such as GM’s Cadillac Lyriq and some versions of the Model Y, prompting complaints from Tesla and other automakers.

The January price cuts apparently worked. On Tesla’s earnings conference call last week, CEO Elon Musk said that so far in January the company had seen the strongest number of orders year-to-date in company history. He also said the company had raised the Model Y price “a little bit in response to that.”

After Tesla’s price cuts, Ford responded by reducing the price of its Mustang Mach-E, in part to qualify for the tax credit and also to spur buyer interest. But crosstown rival General Motors said it had no plans to cut EV prices.

The EV tax credits are among a host of changes enacted in the Inflation Reduction Act, which Congress approved in August with only Democratic votes. The law is designed to spur EV sales as part of a broader effort to reduce planet-warming greenhouse gas emissions.

But a complex web of requirements, including where vehicles and batteries must be manufactured to qualify, has cast doubt on whether buyers can receive the full $7,500 credit.

The Treasury Department said Friday that it hopes to make it easier for consumers to know which vehicles qualify for the credit. Under the revised rule, vehicle classifications will be determined by a consumer-facing fuel economy labeling standard, rather than a more complicated formula set by the Environmental Protection Agency, Treasury said.

A message was left Saturday seeking comment from Tesla on the price increases. The increases were reported Friday night by Bloomberg News.

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Tesla hikes price of Model Y after US alters tax credit rule (2023, February 5)
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Ford returns to Formula One in partnership with Red Bull

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The new RB19 F1 car is unveiled during an event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig

Formula One’s booming popularity in the United States has lured another American brand to the series as Ford said Friday it would return to the globe-trotting series as the engine provider for Red Bull Racing.

The partnership begins with immediate technical support this season, but Ford engines in 2026 when F1 adopts new hybrid regulations that lured Ford back after a 24-year absence.

Red Bull powertrains and Ford will partner on the development of a hybrid power unit that will supply engines to both Red Bull and AlphaTauri when new F1 regulations begin in 2026. The partnership—which is for at least eight years—was announced in New York as Red Bull unveiled the car design it will use in 2023. Red Bull won the constructors title last season, and Max Verstappen is the two-time defending world champion.

“Red Bull is committed to winning and they’ve demonstrated that they are capable of winning,” Mark Rushbrook, global director of Ford Performance, told The Associated Press. “We want to be in motorsports for the technology and for the marketing, but we want to do it winning and with the right partner. They’re committed to that, they have a winning culture.”

Ford dominated F1 in the late 1960s and 1970s as an engine manufacturer with Cosworth and the American automaker is the third most successful engine maker in F1 history with 10 constructors’ championships and 13 drivers’ championships. Ford won 176 races and owned and ran the Jaguar F1 team until 2004 when Jaguar was sold and became Red Bull Racing.

Ford returns to Formula One in partnership with Red Bull
The new RB19 F1 car is unveiled during an event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig

Ford was lured back to F1, where it competed for 38 years until it pulled out in 2004, by F1′s focus on sustainable racing and explosion in popularity throughout North America.

“To have the ability to draw on Ford’s experience, EV knowledge and depth of resource is tremendously exciting,” said Red Bull team principal Christian Horner. “From the first moment we met and spoke, it was clear there was a natural synergy between the two companies. an easy deal to put together because the desire was there from both sides.”

Ford is the first American engine supplier to commit to F1 and its impending regulations as the series is set to race five times this year in North America, with three of those races in the United States. General Motors has announced a partnership with Andretti Global to be its engine supplier if Andretti gets an F1 team.

Ford returns to Formula One in partnership with Red Bull
The new RB19 F1 car is unveiled during an event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig

“The numbers globally are enormous for Formula One,” Rushbrook told The AP. “Especially in the United States, where the growth and diversity of the fans is enormous. That’s important for us. We don’t want to just race and learn technology. We need to do that. We must do that. But we also must be able to connect with fans.

“With Red Bull and AlphaTauri, that’s exactly what we will be able to do.”

Ford chairman Jim Farley and F1 CEO Stefano Domenicali appeared on Fox early Friday to announce Ford’s return and discuss the push toward electric technology. The partnership with Red Bull was not announced until Red Bull’s launch an hour later.

“Ford is a global brand with an incredible heritage in racing and the automotive world and they see the huge value that our platform provides with over half a billion fans around the world,” Domenicali said. “Our commitment to be Net Zero Carbon by 2030 and to introduce sustainable fuels in the F1 cars from 2026 is also an important reason for their decision to enter F1.

Ford returns to Formula One in partnership with Red Bull
Christian Horner, team principal of the Red Bull Formula One team, left, talks with Ford CEO Jim Farley during an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig

“We believe that our sport provides the opportunity and reach unlike any other and we cannot wait for the Ford logo to be racing round F1′s iconic circuits from 2026.”

And Mohammed Ben Sulayem, head of F1 ruling body FIA, said Ford’s return to the series is validation of the 2026 engine rules.

“There are few manufacturers who have such a celebrated motorsport history as Ford, so to see them coming back to the FIA Formula 1 world championship is excellent news,” Sulayem said. “It further underlines the success of the 2026 Power Unit Regulations that have at their heart a commitment to both sustainability and spectacle, and of course having more interest from the United States is important for the continued growth of the world’s top motorsport category.”

The F1 2026 rule changes call for the current twin-turbo V6 engines to run on sustainable fuel and be fitted with hybrid components.

Ford returns to Formula One in partnership with Red Bull
Christian Horner, team principal of the Red Bull Formula One team, left, talks while Ford CEO Jim Farley, right, listens during an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig

Red Bull will continue to race with unbranded Honda power units until 2026. Honda withdrew from F1 at the end of the 2021 season and Red Bull used its own-badged engines to win both championships in 2022. Honda still owns the intellectual property of the engines and agreed to maintain and support the powerplants until 2026.

Porsche was set to replace Honda with Red Bull and when that deal collapsed, Ford jumped in. Ford will begin with immediate technical assistance and then supply Ford engines when the new regulations begin.

Ford has split itself into two divisions, one to focus solely on electric vehicles and the other to handle internal combustion engines. Last year Ford laid off about 3,000 white-collar workers to help fund the multi-billion dollar transition to EVs. The company is acquiring battery minerals and setting up partnerships to build EV batteries.

  • Ford returns to Formula One in partnership with Red Bull
    Oracle Red Bull Racing drivers Sergio Perez, left, Max Verstappen, center, and Daniel Ricciardo participate in an event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    Ford CEO Jim Farley, left, and Red Bull Racing driver Max Verstappen participate in an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    Ford CEO Jim Farley speaks during an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    Christian Horner, team principal of the Red Bull Formula One team participates in an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    The new RB19 F1 car is unveiled during an event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    Red Bull Racing driver Max Verstappen participates in an Oracle Red Bull Racing event in New York, Friday, Feb. 3, 2023. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/Seth Wenig
  • Ford returns to Formula One in partnership with Red Bull
    In this Oct. 20, 2019 file photograph, a Ford logo is displayed at a Ford dealership in Littleton, Colo. Ford will return to Formula One as the engine provider for Red Bull Racing in a partnership announced Friday, Feb. 3, 2023, that begins with immediate technical support this season and engines in 2026. Credit: AP Photo/David Zalubowski, File

It has announced three new battery factories in Kentucky and Tennessee. Ford expects to be able to produce electric vehicles at a rate of 600,000 per year by late this year, and hit a manufacturing rate of over 2 million per year by the end of 2026.

“This is the start of a thrilling new chapter in Ford’s motorsports story that began when my great-grandfather won a race that helped launch our company,” said Bill Ford, executive chair. “Ford, alongside world champions, Oracle Red Bull Racing, is returning to the pinnacle of the sport, bringing Ford’s long tradition of innovation, sustainability and electrification to one of the world’s most visible stages.”

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Ford returns to Formula One in partnership with Red Bull (2023, February 3)
retrieved 5 February 2023
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Google, Apple, Amazon give investors reason to fret

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In this Feb. 14, 2018, file photo the logo for Alphabet appears on a screen at the Nasdaq MarketSite in New York. Alphabet Inc. reports financial earnings on Thursday, Feb. 2, 2023. Credit: AP Photo/Richard Drew, File

Wall Street had its eyes Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances.

That included Apple Inc. The company posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.

Amazon reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.

Google’s parent company Alphabet posted a lower profit and a small revenue increase for last year’s fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant. While overall revenue grew, advertising revenue fell by nearly 4% and revenue at YouTube declined 8% year-over-year.

Amazon ended Friday down 8.4% and Alphabet lost 2.8%. Apple bounced back, finishing the day up 2.4%.

  • Google, Apple, Amazon give investors reason to fret
    The Amazon DTW1 fulfillment center is shown in Romulus, Mich., April 1, 2020. Amazon reports financial earnings on Thursday, Feb. 2, 2023. Credit: AP Photo/Paul Sancya
  • Google, Apple, Amazon give investors reason to fret
    This Wednesday, July 24, 2019 photo shows an Apple Store in Chicago is seen. Apple reports financial earnings on Thursday, Feb. 2, 2023. Credit: AP Photo/Amr Alfiky, File

© 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Citation:
Google, Apple, Amazon give investors reason to fret (2023, February 3)
retrieved 5 February 2023
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This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no
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