There have been several highly influential companies in the history of the industrialized world. Ford Motors and GM were very important for adoption of the automobile. Rail and oil companies were important to early industrialization. Boeing was very important for aviation. General Electric was important in developing modern industrialization The British East India Company AT …
Supercritical-Water-Cooled Reactor (SCWR) are high temperature, high-pressure, light-water-cooled reactors that operate above the thermodynamic critical point of water (374°C, 22.1 MPa). The reactor core may have a thermal or a fast-neutron spectrum, depending on the core design. The concept may be based on current pressure vessel or on pressure tube reactors, and thus use light …
Diabetes is the seventh leading cause of death in the US, raising risks for heart attack, blindness, kidney disease and limb amputation. But researchers who have shown that a common blood pressure drug totally reverses diabetes in mice are about to begin a new clinical trial to see if it can do the same for …
Russia has given the financial and regulatory go ahead to build the multi-purpose fast neutron reactor (MBIR) The total, fully equipped cost is estimated to be $1 billion. Of that, the Russian budget has already provided $300 million. MBIR will use vibropacked mixed-oxide (VMOX) fuel, a Russian variant for MOX fuel production, in which blended …
Brian WangBrian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology. Known for identifying cutting edge technologies, he is currently a …
Scientists from MIT say they’ve figured out the underlying physics of a new type of energy generation which could one day make it possible to generate electricity directly from liquid fuels using a process called a Thermopower Wave. There’s no heavy pollution, no noisy engine, and intermediary energy state, although the technology is still very …
Quantum algorithms – what we can do and what could we do Mathematical Challenges in Quantum Algorithms (51 pages) There are many things we can do with our quantum computers. For example: Factorise large integers and hence break RSA; Efficiently simulate quantum-mechanical systems; Solve certain search and optimisation problems faster than possible classically; . . …
The Center for Strategic and Budgetary assessments has provided an estimated cost for the airwar in Iraq and Syria at between $2.4 to 22 billion per year. The cost of U.S. military operations against ISIL through September 24 is likely between $780 and $930 million. The cost of future operations depends primarily on how long …
There have been a lot of problems getting effective global environmental agreements (Kyoto and other attempts) that actually reduce soot and carbon emissions. Carbon emissions keep going up and soot is also increasing. This is probably because in spite of the talk the issues of carbon emissions and soot emissions are not viewed as being …
[World Nuclear News] A prototype helium fan for use in China’s HTR-PM high-temperature gas-cooled reactor has successfully completed testing. A demonstration plant based on twin HTR-PM units is currently under construction at Shidaowan, Shandong province. The purpose of the helium fan can be compared to that of the main circulation pump in a pressurized water …
A new report by EY finds that 64% of multibillion-dollar, technically and operationally demanding oil and gas megaprojects continue to exceed budgets, with 73% missing project schedule deadlines. On average, current project estimated completion costs were 59% above the initial estimate. In absolute terms, the cumulative cost of the projects reviewed for the report has …