The average utilization rate (or capacity factor) for the entire U.S. fleet of combined-cycle natural gas turbine (CCGT) electric power plants has risen as the operating efficiency of new CCGT units ...
In January 2023, US production capacity of renewable diesel and other biofuels reached 3 billion gallons per year (gal/y), surpassing its biodiesel production capacity for the first time. Annual US ...
Understanding the costs associated with producing green hydrogen from renewable sources is essential to evaluate its large-scale viability in a global energy context. From this perspective, Enertis ...
The result of declines in surplus production capacity in both OPEC and non-OPEC countries, global surplus crude oil production capacity in May 2022 was less than half its 2021 average, the US Energy ...
Texas Instruments' strategic expansion through $4.6 billion CHIPS Act funding will enhance production capacity, targeting high-demand sectors like automotive and industrial automation. Despite ...
Factors of production include land, labor, capital, and entrepreneurship. These factors interact to create goods and services in a capitalist economy. Understanding these factors helps identify ...