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This makes the OEC much more recent, relevant, and higher resolution. The 4.0 version of the OEC also includes several new features, such as a tunable forecast tool, the tariff explorer, and the ability to calculate economic complexity rankings dynamically. OEC 4.0 was built from scratch on a completely new code base created solely by Datawheel.
In December 2023, Cabinet approved the draft Integrated Resource Plan 2023. IRP 2023 takes into account two time horizons, 2030 and 2050. The plan includes significantly altered metrics that forecast a change in the electricity demand projection for the period 2030-2050; some of which are the cost of implementing new power generation technologies, shutting down of coal plants after 2035 and ...
Integrated resource planning (IRP, also least-cost utility planning, LCUP) is a form of least-cost planning used by the public utilities. The goal is to meet the expected long-term growth of demand with minimal cost, using a wide selection of means, from supply-side (increasing production and/or purchasing the supply) to demand-side (reducing the consumption). [1]
The Global Risks Report 2020 highlights environmental pressures more than any of its predecessors. The report identifies five of the top five risks by likelihood and four of the top five by impact as environmental risks (if "water crisis" is also counted as an environmental risk, rather than a "societal risk" as classified in the report). [1]
The reserve portion of the ratio is the amount of a resource known to exist in an area and to be economically recoverable (proven reserves). The production portion (denominator) of the ratio is the amount of resource produced in one year at the current rate. [1] RPR = (amount of known resource) / (amount used per year)
Famine Early Warning System's map of the region between October 2022 and January 2023. A drought in East Africa began in 2021 and further intensified in 2022, precipitated in part by the oncoming La Niña in 2022. [38] [140] Three rainy seasons failed in the Horn of Africa, destroying crops and killing large herds of livestock. [38]
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The indicators are used to create a health index, an education index and an income index, each with a value between 0 and 1. The geometric mean of the three indices—that is, the cube root of the product of the indices—is the human development index. A value above 0.800 is classified as very high, between 0.700 and 0.799 as high, 0.550 to 0. ...