News

2021-08-21

How Much Energy Does Bitcoin Consume?

John Krzesicki
John Krzesicki

Today, Bitcoin consumes as much energy as a small country. This certainly sounds alarming, but the reality is a little more complex.

Our clients design and build generators installed for data centers, factories, distribution centers, commercial buildings, office buildings, grocery stores, and banks for emergency backup, peak shaving, or continuous power.  Bitcoin miners utilize data centers for housing and managing their data (server) farms.  

Bitcoin is a digital currency powered by many computers worldwide working to maintain the Bitcoin blockchain, a public database of all transactions on the network ever made. Bitcoin miners compete to officially record and verify the transaction and earn bitcoin as a reward. These transactions are verified by solving complex cryptographic and mathematical problems for which Bitcoin miners use a lot of power. The computers that record and verify Bitcoin transactions consume power at a level similar to some countries.  The exact amount of energy used by a Bitcoin transaction can vary based on demand.

Read More»

Most Regions Will Post 20%+ Growth in Truck Production

Chris Fisher
Chris Fisher

Editor’s Note: This is an updated report from the Q2 2021 Truck Production Index report produced by Chris Fisher and Jim Downey, Vice President-Global Data Products, in July 2021.

Question: What is the global truck production picture? What is the outlook?

PSR Opinion: Overall, medium and heavy truck demand will finish the year on a strong note, and continued strength is expected into 2022.  On-going supply chain disruptions will continue to impact production throughout the rest of the year and likely into 2022.

Question: What kind of global production volume do you expect for this year?

Read More»

2021-08-17

Edge Computing Makes America More Efficient

John Krzesicki
John Krzesicki

Business Development Manager

John Krzesicki talks with Carrie Goetz about the trends in edge computing, a movement that shifts data processing from the cloud to local data centers closer to the applications.

Transcript

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

00:06 John Krzesicki

Hello, my name is John Krzesicki with Power Systems Research. I’m a business development manager for the US and with me today I have Carrie Goetz who is a fractional CTO for multiple companies. She’s been in the business for many years. She was also voted as being one of the most influential women in the tech industry in 2020.

Read More»

2021-08-10

Q2 2021 Truck Production Report

Chris Fisher
Chris Fisher

Senior Commercial Vehicle Analyst

Chris Fisher, Senior Commercial Vehicle Analyst at Power Systems Research, discusses the Q2 2021 global production facts and related forecasts for medium and heavy trucks, as reported in the quarterly PSR Truck Production Index.

Transcript

Welcome to the PSR PowerTALK podcast produced by Power Systems Research.

00:06 Joe Delmont

From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK.

Today we’ll discuss global truck production with Chris Fisher. Chris is Senior Commercial Vehicle Analyst at Power Systems Research.

Read More»

2021-08-03

DATAPOINT: Personal Watercraft, 2021 NA Production: 104200 Units

Power Systems Research forecasts that the number of personal watercraft produced in North America in 2021 will reach 104,200 units; an increase over 2020 levels of about 24%.

This forecast has been developed by Carol Turner, Senior Analyst – Global Operations, at Power Systems Research.

Transcript 

Welcome to the PSR PowerTALK podcast produced by Power Systems Research. 

00:06 

From Power Systems Research I’m Joe Delmont, editor of PSR PowerTALK. Today we will discuss a data point covering personal watercraft production in North America this year.  

Read More»

2021-07-27

North American Economic Outlook – July 2021

Yosyf Sheremeta, PhD, Director of Product Management and Customer Experience, analyzes the North American economic outlook by industry segment.

Transcript

Welcome to the PowerTALK podcast produced by Power Systems Research.

00:06 Joe Delmont

From Power Systems Research, I’m Joe Delmont, editor of PSR PowerTALK.

Today, we’ll talk with Yosyf Sheremeta about the economic outlook for North America. Yosyf is Director of Product Management and Customer Experience for Power Systems Research.

Read More»

Sinara May Dismiss 20% of Workers Because of Reduced Orders

Maxim Sakov
Maxim Sakov

The machine building company “Sinara – Transport machines” (STM), says it may be forced to dismiss 20% of personnel because it has lost most of its orders from Russian Railways for cranes and other railway service machines.

Sinara has lost 85% of the orders from Russian Railways for railway service machines. Because of decreasing orders from the railway monopoly, the main client of STM, 7,000 people on its plants have not worked since August. The total personnel number in STM is 32,000 people, so about 20% of its personnel is questionable. Now, the company is looking for a way to re-qualify these people

Read More»

KAMAZ Introduces Hercules Articulated Truck

The first pictures of the new KAMAZ articulated mining truck have been published, showing a configuration of the truck with a 6×6 chassis. It will compete with the Caterpillar 740 and Volvo A40F.

The articulated frame will increase maneuverability and off-road characteristics of the truck. Hercules will be equipped with a hybrid powertrain. The new truck will use a KAMAZ R6 engine of 450 hp, and the nominal output of every electric motor will be 517 hp. The load capacity of Hercules is 40 tons, and the full weight is 75 tons. A light option with 4×4 format and 25-ton capacity are also in the plans.

Read More»

Russia To Suspend Support of Domestic Auto Industry

The Russian auto market’s increased demand for new passenger cars has caused inventory shortages, and these shortages have caused Russian authorities to suspend State programs of industry support.

In May, for example, the number of the cars sold increased by 2.3 times, compared to same period in 2020. This growth is partly the result of pandemic restrictions last year. A total of 663,000 new cars have been delivered to the customers this year, up 39% from a year ago.

Another reason for the shortage of cars in Russia is a shortage of semiconductor chips.

Read More»

Second FAME II Incentives May Spur EV Demand

Aditya Kondejkar

The amendments to the FAME-II electric vehicle policy were rolled out in the last month and manufacturers have lauded the efforts in adopting EV mobility in the country.

Source: Financial Express. Read The Article  

The government partially modified the Faster Adoption and Manufacturing of Electric Vehicles in India Phase II. Further, it has included an additional demand incentive for electric two-wheelers to ₹15,000 per KWh from an earlier uniform subsidy of ₹10,000 per KWh for all EVs, including plug-in hybrids and strong hybrids except buses.

 This decision will increase subsidies for such vehicles by 50% under the FAME II scheme and be a game-changer in adopting EVs.

Read More»