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Fossil fuel poaching a boon for grid edge

from Smart Grid News

Recently, Royal Dutch Shell announced 10,000 job cuts worldwide. It's just one more blow the oil and gas industry has taken over the past year from lower than anticipated oil prices. Analysts expect 250,000 jobs to have been shed worldwide in 2015 and more in 2016. "It is certain that job losses have continued," said Texas economist Karr Ingham. "We now appear to be well beyond that (initial) estimate — and the end is not in sight." more


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