The 1979 oil crisis, sometimes referred to as the second oil crisis (in reference to the 1973 oil crisis), refers to the drop in oil production in the aftermath of the Iranian Revolution that led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, the oil markets'…

Building insulation materials are the building materials that form the thermal envelope of a building or otherwise reduce heat transfer. Insulation may be categorized by its composition (natural or synthetic materials), form (batts, blankets, loose-fill, spray foam, and panels), structural contribution (insulating…

Synchronverters (also called virtual synchronous generators or virtual synchronous machines) are inverters which mimic synchronous generators (SG) to provide "synthetic inertia" for ancillary services in electric power systems. Inertia is a property of standard synchronous generators associated with the rotating…

A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers to display information. Liquid crystals do not emit light directly but instead use a backlight or reflector to produce images in…

A variable-frequency drive (VFD, or adjustable-frequency drive, adjustable-speed drive, variable-speed drive, AC drive, micro drive, inverter drive, variable voltage variable frequency drive, VVVF drive, or drive) is a type of AC motor drive (system incorporating a motor) that controls speed and torque by varying the…

World food prices increased dramatically in 2007 and the first and second quarter of 2008, creating a global crisis and causing political and economic instability and social unrest in both poor and developed nations. Although the media spotlight focused on the riots that ensued in the face of high prices, the ongoing…

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The Canadian property bubble refers to the significant rise in Canadian real estate prices between 2002 and 2022, with short periods of falling prices in 2008 and 2018.

During 2022 and 2023 there were food crises in several regions as indicated by rising food prices. In 2022, the world experienced significant food price inflation along with major food shortages in several regions.

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