An anonymous reader quotes a report from Nikkei Asia: Panasonic will invest $4 billion in a second U.S. electric vehicle battery factory in Kansas, its subsidiary Panasonic Energy announced on Thursday, confirming an earlier Nikkei report. The factory is expected to hire as many as 4,000 employees and supply a new high-capacity battery for Tesla. The decision follows Tesla's April opening of a second American EV factory in Texas to meet brisk demand.

Panasonic aims to triple or quadruple EV battery production capacity by fiscal 2028 from the current level of roughly 50 gigawatt-hours per year. It plans to install two production lines at a battery component factory in Wakayama Prefecture, Japan, in fiscal 2023 and begin manufacturing its new high-capacity model, the 4680. That investment is expected to total roughly 80 billion yen ($580 million). Panasonic had said it would determine whether to build new manufacturing facilities after seeing how production at the Wakayama plant fared in terms of profitability.

Increasing production demands from Tesla, a leading source of the Japanese electronics group's earnings, were likely a factor in the decision for a new U.S. plant, along with Panasonic's progress on the new technology. Prototypes started to ship in May. Emanuel noted that Panasonic's investment plan of up to $4 billion will create as many as 4,000 American jobs. Panasonic's first U.S. plant in Nevada, the Gigafactory 1, is jointly operated with Tesla. The Japanese company invested roughly 200 billion yen in that facility, which only began turning a profit in the year ended March 2021 as high defect rates kept mass production from getting off the ground.

According to a new study from Cornell researchers, smart thermostats are initiating peak demand throughout the network at a bad time of day. From a report: "Many homes have their smart thermostats turn down temperatures at night in the winter," said Max Zhang, a professor in Cornell's Sibley School of Mechanical and Aerospace Engineering and the Kathy Dwyer Marble and Curt Marble Faculty Director at the Cornell Atkinson Center for Sustainability. "The temperature can be programmed to ramp up before you wake up -- and you'll have a warm house. That's the smart thing to do. But if everyone keeps their default setting, let's say 6 a.m., the electric grid suffers synchronized demand spikes and that's not smart for the system. That's the challenge." "As we electrify the heating sector to decarbonize the grid," he said, "this so-called load synchronization will become a problem in the near future."

In 2021, about 40% of U.S. homes had smart thermostats, as utilities encourage adoption, according to the paper. Lee and Zhang examined wintertime smart thermostat data for over 2,200 homes in New York state, noted for its cold winter climate and a mix of urban, suburban and rural communities. Homeowners purchasing a smart thermostat can opt to share their data anonymously with electric utilities for research purposes. Lee and Zhang investigated "setpoint behavior" and learned that most homeowners use the smart thermostat's factory-default settings. Evidence showed that residents remain confused about how to operate their thermostats and are often unable to program it, the authors said. In fact, their data indicates homeowners achieved energy savings of only 5% to 8%, far less than the devices' potential of 25% to 30%, Lee said.

If hundreds of homes have their smart thermostat set to turn on at 6 a.m., the electric grids see a peak at 6:05 a.m., which is about an hour before daylight during New York state winters. While the setpoint schedules are designed to achieve the energy-saving benefit, the peak demands are concentrated primarily when renewable energy is unavailable -- aggravating the peak demand by nearly 50%, according to the paper. "The smart thermostat data shows both an increase in frequency of high daily peak heating demand," Lee said, "as well as an increase in the magnitude of the overall peak demand."

Intel has informed customers it will raise prices on a majority of its microprocessors and peripheral chip products later this year, citing rising costs, Nikkei Asia reported Thursday. From the report: The biggest U.S. chipmaker plans to raise prices this autumn on flagship products such as central processing units for servers and computers, where it dominates the market, as well as on a wide range of other items, including chips for Wi-Fi and other connectivity, according to three industry executives with direct knowledge. Intel says the price hikes are required because of the surging costs for production and materials, the executives said. The percentage increases have not been finalized, and could be different for different types of chips, but are likely to range from a minimal single-digit increase to more than 10% and 20% in some cases, one of the people said. Intel's move comes amid an inflation surge in the U.S. and around the world. The U.S. reported consumer prices rose 9.1% in June, a 40-year record.

Law students getting ready to take the Bar exam digitally may run into a serious issue: one of the nation's most frequently-used test-taking software packages, Examplify, is incompatible with Intel's latest generation of processors. From a report: In a notice to users, ExamSoft, the company that owns Examplify, writes that 12th Gen Intel processors aren't compatible with its software. "New Windows devices containing the Intel 12th generation chipset are triggering Examplify's automatic virtual machine check," Examplify's notice reads. "These are NOT currently supported. Therefore, they cannot be used for the upcoming July 2022 bar exam." One user drew attention to the issue in a post on Twitter, and included a screencap of what appears to be a notice given to Bar applicants.

The second quarter of 2022 brought major disruption to the PC market, as COVID lockdowns in China stymied manufacturing. Research firm Canalys: The latest Canalys data shows total shipments of desktops and notebooks fell 15.0% annually to 70.2 million units, the lowest level since a similar disruption occurred in Q1 2020. Demand headwinds, especially from consumers, have also ramped up as inflation remains unchecked in many of the world's largest PC markets. Notebook shipments fell 18.6% in Q2 2022 at 54.5 million units, down for a third consecutive quarter as education procurement remained muted compared with the same quarter a year ago. Desktops fared much better, posting modest growth of 0.6% to 15.6 million units as the strength of commercial demand amid the further opening of economies helped spur investment in desktop refreshes and upgrades. The premium commercial segment will remain a bright spot for the overall PC market this year, despite mounting challenges in the global macroeconomic outlook.

Some microprocessors from Intel and AMD are vulnerable to a newly discovered speculative execution attack that can covertly leak password data and other sensitive material, sending both chipmakers scrambling once again to contain what is proving to be a stubbornly persistent vulnerability. Ars Technica reports: Researchers from ETH Zurich have named their attack Retbleed because it exploits a software defense known as retpoline, which was introduced in 2018 to mitigate the harmful effects of speculative execution attacks. Speculative execution attacks, also known as Spectre, exploit the fact that when modern CPUs encounter a direct or indirect instruction branch, they predict the address for the next instruction they're about to receive and automatically execute it before the prediction is confirmed. Spectre works by tricking the CPU into executing an instruction that accesses sensitive data in memory that would normally be off-limits to a low-privileged application. Retbleed then extracts the data after the operation is canceled. [...] The ETH Zurich researchers have conclusively shown that retpoline is insufficient for preventing speculative execution attacks. Their Retbleed proof-of-concept works against Intel CPUs with the Kaby Lake and Coffee Lake microarchitectures and AMD Zen 1, Zen 1+, and Zen 2 microarchitectures.

In response to the research, both Intel and AMD advised customers to adopt new mitigations that the researchers said will add as much as 28 percent more overhead to operations. [...] Both Intel and AMD have responded with advisories. Intel has confirmed that the vulnerability exists on Skylake-generation processors that don't have a protection known as enhanced Indirect Branch Restricted Speculation (eIBRS) in place. "Intel has worked with the Linux community and VMM vendors to provide customers with software mitigation guidance which should be available on or around today's public disclosure date," Intel wrote in a blog post. "Note that Windows systems are not affected given that these systems use Indirect Branch Restricted Speculation (IBRS) by default which is also the mitigation being made available to Linux users. Intel is not aware of this issue being exploited outside of a controlled lab environment." AMD, meanwhile, has also published guidance. "As part of its ongoing work to identify and respond to new potential security vulnerabilities, AMD is recommending software suppliers consider taking additional steps to help guard against Spectre-like attacks," a spokesman wrote in an email. The company has also published a whitepaper.

[Research Kaveh Razavi added:] "Retbleed is more than just a retpoline bypass on Intel, specially on AMD machines. AMD is in fact going to release a white paper introducing Branch Type Confusion based on Retbleed. Essentially, Retbleed is making AMD CPUs confuse return instructions with indirect branches. This makes exploitation of returns very trivial on AMD CPUs." The mitigations will come at a cost that the researchers measured to be between 12 percent and 28 percent more computational overhead. Organizations that rely on affected CPUs should carefully read the publications from the researchers, Intel, and AMD and be sure to follow the mitigation guidance.

After weeks of teases, Nothing is finally announcing its debut smartphone -- the Nothing Phone 1 -- at a launch event today. From a report: Led by OnePlus co-founder Carl Pei, it's the well-funded startup's second product released following last year's Ear 1 true wireless earbuds. The big news is that the Nothing Phone 1 will be sold with a modest starting price of $475 USD (though it's not getting a widespread release in the US) when it goes on sale on July 21st. $475 gets you the model with 8GB of RAM and 128GB of storage, while stepping up to $535 gets you 256GB of storage. The model with 12GB of RAM and 256GB of storage goes on sale later this summer for $593 USD.

In the last two weeks, six new Linux laptops have hit the market (or were announced). "The Linux hardware scene is getting better by the day," writes the site FOSS Weekly:

• Star Labs teases its new StarFighter Linux Laptop with a 4K (10-bit IPS) display.

• MNT Research introduces a "more affordable" 7-inch mini Linux laptop, the MNT Pocket Reform.

• KDE's Slimbook 4 is here with AMD Ryzen 7 5700U processor and a better battery, starting from $1,000. "Buying from Slimbook supports KDE development too," notes Gaming on Linux, adding that there's a choice of 14 or 15.6 inch displays.

• TUXEDO's Pulse 15 — Gen2 (also with an AMD Ryzen 7 5700U processor) has a 15-inch HiDPI WQHD 165Hz display, along with eight cores and 16 threads. (And the Register notes its twin cooling fans, "allowing them to overclock the chip and run it at 35W," and a choice of distros.)

• Pre-orders have opened for the Roma — the first RISC-V Laptop (which may ship in September). Ars Technica reports they're offering "free Silicon upgrades" — that is free system-on-a-chip and system-on-module upgrades for its quad-core RISC-V CPU. And there's also a companion NPU/GPU, notes a blog post at RISCV.org, "for the fastest, seamless RISC-V native software development available." (As well as "early access to next-generation laptop and accessory upgrades at generous discounts or for free.") The blog post calls it a "Web3-friendly platform with NFT creation and publication plus integrated MetaMask-style wallet."

• System 76's "Lemur" Alder Lake- and coreboot-powered laptop arrives with 14 hours of battery life.

"There are now more than 11,000 wind turbines on and offshore, which produce nearly a quarter of the UK's electricity," reports the BBC.

But rather than rely on future windfarms to build their own connections to the grid, the country's national grid operator, National Grid ESO, plans to spend £54 billion ($64B) on its biggest network upgrade in 60 years: National Grid ESO, which runs the electricity network, said the plan it has laid out would enable the government to deliver 50GW of offshore wind power by 2030 — a third of the UK's electricity demand — while creating 168,000 jobs. It claimed the network could lead to more than £50bn of investments over the next eight years.... These network upgrades are deemed essential to accommodate and integrate a new raft of renewable energy projects also announced on Thursday. A total of 23 gigawatts (GW) of electricity — 24 million homes worth at current power usage — worth of contracts were awarded this morning to bidders wishing to build new renewable facilities.

The auction saw offshore wind prices hit a new record low at a quarter of the current cost of gas generated power.
The article notes 21,000 people signed a petition urging longer offshore networking instead. One advocacy group complains that building onshore power lines through regions like rural East Anglia is "short-sighted and shameful."

"Lawmakers in the European Union voted to include nuclear power and natural gas in the bloc's list of investments deemed sustainable," reports the Wall Street Journal, in a move the EU hopes leads to greater funding for a transition away from coal: Burning natural gas produces about half the carbon dioxide that is generated by coal, and nuclear-power plants don't produce carbon dioxide when they are operating. But environmentalists, lawmakers and some investors have argued the plan risks diluting investments in other projects such as renewable energy.
More U.S. political leaders are also warming to nuclear power, reports the New York Times, "driven by the difficulty of meeting clean energy goals and by surging electricity demands." The Biden administration has established a $6 billion fund to help troubled nuclear plant operators keep their reactors running and make them more economically competitive against cheaper resources like solar and wind power.... In addition to the $6 billion fund, the administration is providing $2.5 billion for two projects meant to demonstrate new nuclear technology, in Washington State and Wyoming. A separate bipartisan measure introduced last year is aimed at preserving and expanding nuclear energy in the United States. The bill, whose backers include Senators Shelley Moore Capito, Republican of West Virginia, and Cory Booker, Democrat of New Jersey, would provide financial assistance like tax credits, according to the Tax Foundation, a nonprofit tax policy organization....

The rising costs of other sources of power have made nuclear energy more competitive around the world, including in the United States, which has the largest fleet of nuclear plants of any country. They produce about 20 percent of the nation's electricity and 50 percent of the clean energy. The United States maintains 92 reactors, though a dozen have closed over the last decade — including, a month ago, the Palisades Nuclear Generating Station in Michigan, about 55 miles southwest of Grand Rapids.... Industry leaders recognize that the age of new large-scale nuclear plants in the United States has passed, chiefly because of runaway costs... But many in the industry say smaller reactors that can be expanded over time offer promise of avoiding long delays and high cost. These reactors, they say, can be built in factories and delivered to approved sites. And the reactors' high-temperature steam could also yield significant amounts of hydrogen, a carbon-free alternative fuel to natural gas.

The project locations can plan for as many as a dozen units but start with just one. But a plant with 12 units would produce half the electricity or even a little less than many other large nuclear facilities.

None of the smaller reactors have been certified by the Nuclear Regulatory Commission, which approves licenses and operations of the nation's nuclear power plants. But NuScale Power, a company that designs and markets small reactors in Oregon, expects to receive certification of its design by the end of the summer. A developer then would need approval for a license to build and operate the unit. Thomas Mundy, chief commercial officer for NuScale Power, said his company's product could be built and put into use in about three years, a fraction of the time it takes to build larger reactor units. And the cost, Mr. Mundy said, is competitive with new natural gas facilities at a levelized cost — the electricity price needed to break even at the end of the plant's life — of $45 to $65 a megawatt-hour.

Tesla plans to begin opening its Supercharger network to other electric vehicles by the end of the year, according to a White House memo that shared the automaker's plans. TechCrunch reports: The U.S. government said in April that it needs to increase its own network of about 1,100 charging stations a hundred-fold to meet coming demand. Tesla's plans call for expanding capacity at its Gigafactory in Buffalo, New York, where more than 1,600 employees produce Supercharging stations and solar panels, the memo said. "Later this year, Tesla will begin production of new Supercharger equipment that will enable non-Tesla EV drivers in North America to use Tesla Superchargers," according to the memo.

The expansion -- and exposure to customers of other EVs brands -- could help Tesla capture more revenue and attention as automakers begin launching new EVs over the next couple of years. The memo did not mention how much money Tesla will invest in adding stations to its fast-charging network, but said that the EV maker is ramping up production of "power electronics components that convert alternating current to direct current, charging cabinets, posts and cables."

An anonymous reader quotes a report from Car and Driver, written by Ezra Dyer: Politicians have to run on some kind of platform, and Ben Moss -- my incoming state House representative here in North Carolina's District 52 -- decided that his animating principle is Being Mad at Electricity. To prove his animosity toward this invisible menace, he's sponsoring House Bill 1049, which would allocate $50,000 to destroy free public car chargers. It contains some other enlightened ideas, but that's the main theme: We've simply got to do something about these free public chargers, even if it costs us $50,000! Those things cost tens of cents per hour, when they're being used.

Of course, there's a caveat here. Moss isn't saying that free public Level 2 chargers -- of which there are three in my town, with plans in the works to convert to paid kiosks -- definitely need to get crushed by a monster truck. That rule only comes into play if a town refuses to build free gas and diesel pumps next to the EV chargers. So anyway, warm up El Toro Loco, we're smashin' some car zappers! But what about private businesses? you ask. Don't worry, Moss hasn't forgotten that a business might put a charger on its property as an inducement for EV owners to patronize the establishment. And small business is the heart of the local economy. That's why he's staying out of the way when it comes to private property. Just kidding! Ben Moss cares about the consumers being harmed by these hypothetical free chargers -- namely, any customer who arrived via internal-combustion vehicle, or on foot, or in a sedan chair. Why is someone else gaining some advantage based on a decision they made? That's not how life works.

Thus, House Bill 1049 decrees that all customer receipts will have to show what share of the bill went toward the charger out in the lot. That way, anyone who showed up for dinner in an F-150 (not the electric one) can get mad that their jalapeno poppers helped pay for a business expense not directly related to them. It's the same way you demand to know how much Applebee's spends to keep the lights on in its parking lot overnight, when you're not there. Sure, this will be an accounting nightmare, but it'll all be worth it if we can prevent even one person from adding 16 miles of charge to a Nissan Leaf while eating a bloomin' onion -- not that restaurants around here have free chargers, but you can't be too careful. Now, there is a charger at the neighborhood Ford dealership, which is marking up Broncos by $20,000. Coincidence? I think not. "Critics of this bill might point out that increasing the number of electric cars could actually benefit owners of internal-combustion vehicles, thanks to reduced demand for petroleum products," adds Dyer. "Electron heads, as I call them, also like to point out that electricity is generated domestically, so your transportation dollars are staying in the U.S. rather than going to, say, Saudi Arabia."

System76, the Colorado-based Linux laptop, desktop, and server specialist, has announced a new highly portable laptop with an Intel Alder Lake processor inside. Tom's Hardware reports: The new Lemur Pro(opens in new tab) is a "lighter than Air" 14-inch form factor laptop with excellent battery life and attractions such as open firmware (powered by Coreboot) and a 180-degree hinge. In addition, buyers can choose to go with Pop!_OS 22.04 LTS or Ubuntu 22.04 LTS pre-installed. The new Lemur Pro has many attractive modern features you might see advertised in many rival mainstream thin and light designs. However, the special sauce here is the "System76 Open Firmware with Coreboot." Coreboot, known initially as LinuxBIOS, is significant as it is an open-source BIOS implementation embraced by Linux users. It is lightweight, flexible, and feature-rich. [...]

System76 has designed the Lemur Pro with monitor-based docking in mind. It envisions users connecting to a big screen using the USB-C connection to benefit from the more expansive workspace and laptop charging. Like Windows, Linux had to have some serious tinkering under the hood to prepare for the mix of Performance and Efficiency cores in Alder Lake chips. However, rest assured, efficient hybrid scheduling is taken care of with the two OS options that can be pre-installed on the Lemur Pro.

System76 allows customers to configure and buy Lemur Pro laptops right now. There are many RAM and storage configurations to pick through, and you can add external keyboards and monitors to the bundle. The entry price with an Intel Core i5-1235U, 8GB RAM, 240GB of storage, and no extras is $1,149. However, the Core i7-1255U model is a bit of a stretch, adding $200 to the base price for the faster CPU clocks.

Apple is reportedly planning to launch an "extreme sports" version of the Apple Watch this year, according to Bloomberg's Mark Gurman. TechCrunch reports: The extreme sports Apple Watch is expected to have the company's largest smartwatch display to date, along with a bigger battery and rugged metal casing. The display will measure in at almost two inches diagonally, Gurman says. The extreme sports model will have about 7% more screen area than the largest current Apple Watch. The display will also have a resolution of about 410 pixels by 502 pixels. Gurman speculates that the larger screen could be used to display more fitness metrics or information on watch faces.

In addition, Gurman says the extreme sports watch will use a stronger metal than aluminum and have a more shatter-resistant screen. The watch is also expected to have a larger battery in order to accommodate longer workout times. Gurman also says the watch is expected to have improved tracking metrics, such as the ability to detect elevation when hiking. As with the Apple Watch 8, the extreme sports model is expected to have the ability to detect fevers by taking the wearer's body temperature. The extreme sports model is reportedly going to be announced later this year, alongside two other models, the Apple Watch Series 8 and an updated version of the low-end Apple Watch SE.

Gurman says the Apple Watch Series 8 will retain its 1.9-inch diagonal screen size, while the Apple Watch SE will stick with its current 1.78-inch screen size. The extreme sports version of the Apple Watch is expected to cost more than the standard stainless steel Apple Watch, which is currently priced at $699. All of the new Apple Watches will use an S8 processor with similar performance to the S7 chip in the Apple Watch Series 7, Gurman says. Apple typically announces its new watch models in September alongside its new iPhone launches.

Volkswagen said it would invest $20.38 billion to build electric vehicle batteries, a move the company says will create 20,000 jobs and generate $20.38 billion in annual sales. The Verge reports: The automaker will create a new company called Power Co to oversee the vast effort as VW races to secure enough capacity, materials, and supplies to power its EV ambitions. Power Co will manage VW's entire battery supply chain, from research and development of new technologies to the mining of the raw materials to end-of-life recycling. The news was announced at a groundbreaking ceremony for the company's first battery plant in Salzgitter, a city in Germany's Lower Saxony.

Last year, VW unveiled plans to build six battery cell production plants in Europe by 2030, including the facility in Salzgitter and one in Skelleftea, Sweden. A third plant will be established in Valencia, Spain, and the fourth factory will be based in Eastern Europe. The company is also exploring plans to build future gigafactories in North America. The plants will eventually have a production capacity of 240 gigawatt-hours a year. Starting in 2023, VW plans to roll out a new unified prismatic cell design of its batteries that will be installed across the automaker's brands. The goal is to have this unified cell design powering up to 80 percent of VW's electric vehicles by 2030. VW also has contracts with two other major battery producers, Samsung and CATL. And the company is backing a startup based in San Jose, California, QuantumScape, which is working on more energy-efficient solid-state batteries.

Polar Night Energy says it's just opened its first commercial sand battery at the premises of "new energy" company Vatajankoski, a few hours out of Helsinki. New Atlas reports: This is a thermal energy storage system, effectively built around a big, insulated steel tank -- around 4 meters (13.1 ft) wide and 7 meters (23 ft) high -- full of plain old sand. When this sand is heated up, using a simple heat exchanger buried in the middle of it, this device is capable of storing an impressive 8 megawatt-hours of energy, at a nominal power rating of 100 kW, with the sand heated to somewhere around 500-600 degrees Celsius (932-1112F). When it's needed, the energy is extracted again as heat in the same way. Vatajankowski is using this stored heat, in conjunction with excess heat from its own data servers, to feed the local district heating system, which uses piped water to transmit heat around the area. It can then be used to heat buildings, or swimming pools, or in industrial processes, or in any other situation that requires heat.

This helps make it extremely efficient, the company tells Disruptive Investing in a video interview. "It's really easy to convert electricity into heat," says Polar Night CTO Markku Ylonen. "But going back from heat to electricity, that's where you need turbines and more complex things. As long as we're just using the heat as heat, it stays really simple." The company claims an efficiency factor up to 99 percent, a capability to store heat with minimal loss for months on end, and a lifespan in the decades. There's nothing special about the sand -- the company says it just needs to be dry and free from combustible debris. [...] The company says it'll scale up, too, with installations around 20 gigawatt-hours of energy storage making hundreds of megawatts of nominal power, and the sand heated as far as 1,000C (1,832F) in certain designs. It's possible to create bulk underground storage facilities out of disused mine shafts, if they're the right shape. There are no high-pressure vessels needed, and the biggest cost involved is often the pipework.

Toyota sold its 200,000th plug-in electric vehicle in the US, triggering a slow phaseout of the federal EV tax credit over the next 15 months, according to Bloomberg. The automaker is the third manufacturer to pass this mark, following Tesla and General Motors. The Verge reports: The phaseout for Toyota is poorly timed, coming just weeks after the company's new electric SUV, the bZ4X, went on sale in the US. It's the latest bad piece of EV news to hit the automaker, coming just a few weeks after it was forced to recall the bZ4X over loose hub bolts that could cause the wheels to come off while driving. Toyota pledged to spend $17.6 billion to roll out 30 battery-electric models by 2030.

The phaseout of the federal tax credits begins two quarters after an auto manufacturer sells 200,000 plug-in vehicles. Customers of Toyota cars that are eligible for the credit (like the bZ4X and the plug-in hybrid Prius Prime) will only be able to receive a maximum of $3,750 starting on October 1st. The maximum available credit will halve again on April 1st to $1,875, and it will completely phase out six months later in October 2023. A Toyota spokesperson confirmed the scheduled phase-out to The Verge.

Longstanding Thunderbolt and network-attached storage company Drobo filed for Chapter 11 bankruptcy in late June, and will hold its first creditors meeting on July 17. AppleInsider reports: First formed as Data Robotics in 2005, Drobo manufactured solutions for remote and network storage. Parent company StarCentric filed bankrupcy papers with the California Northern Bankruptcy Court (San Jose) on June 20, 2022. According to official court documentation, the company is to hold its first creditors meeting on July 19. There is also a final deadline for filing claims against the company, which is October 17, 2022.

The company has no commented publicly on the decision. However, the company appears to have been badly affected by the coronavirus. [...] Drobo's online US and European stores are currently both showing every product as sold out. The Chapter 11 filing implies that the company is trying to reorganize and return to full operations at some point. It isn't yet clear what the reorganization will look like, nor the magnitude of the creditors' demands.

A 900 MW 'water battery' that cost Switzerland 2 billion euros and was under construction for 14 years, is now operational, Euronews reported. The battery is located nearly 2,000 feet (600 m) underground in the Swiss Alps. Interesting Engineering reports: A water battery consists of two large pools of water located at different heights. When power production is high, excessive power is used to move water from the lower pool to the pool at a higher height, which is similar to charging a conventional battery. When power demand increases, the water at the higher level can be released and, as it heads to the lower pool, it passes through turbines that generate electricity and can be used to power the grid.

The water battery that recently went operational in Switzerland has a storage capacity of 20 million kWh, the equivalent of 400,000 electric cars, and is aimed at helping stabilize the energy grid in Switzerland and other connected grids in Europe. The plant has six turbines that can generate 900 MW of power, Euronews revealed. The battery has been built between the reservoirs of Emosson and Vieux Emosson in Valais, a canton in the southwestern part of Switzerland. Located nearly 2,000 feet (600 m) underground, the vast engine room of the plant measures about 650 feet (200 m) long and is over 100 feet (32 m) wide.

To move the building materials to the site, the engineers had first to carve out tunnels through the Alps. The length of the tunnels dug for the project extends to about 11 miles (18 km). Once these tunnels were in place, building material and prefabricated buildings could be moved into the mountain, a process that took 14 years. To increase the energy storage capacity of the battery, the height of the Vieux Emosson dam was also increased by 65 feet (20 m). After all this hard work, the battery is now operational and at its peak is capable of powering 900,000 homes at a time.

An anonymous reader quotes a report from Ars Technica: A recent media release from market research firm IDC predicts that Meta (the parent company of Facebook) may not be able to compete in the mixed-reality business in the long run if its strategy remains unchanged. The media release offers a bird's-eye view of the virtual reality hardware marketplace. In the release, IDC research manager Jitesh Ubrani said that, while "Meta continues to pour dollars into developing the metaverse, [the company's] strategy of promoting low-cost hardware at the expense of profitability isn't sustainable in the long run."

A similar concern was raised by tech industry analyst Ming-Chi Kuo late last month. Kuo predicted that Meta would make moves to scale down investment in virtual reality, creating an opening for Apple and other competitors. He also wrote that Meta's practice of selling VR headsets at a loss is unsustainable. Currently, Meta owns 90 percent of the VR headset market, according to the IDC release. In distant second is ByteDance's Pico, at just 4.5 percent. Overall, VR headset shipments jumped 241.6 percent year over year in the first quarter of 2022. But the industry faced significant supply issues in Q1 2021, contributing to "a favorable comparison" for this year's Q1.

Like Kuo a couple of weeks ago, IDC research director Ramon Llamas said that "all eyes will be on Apple as it launches its first headset next year." Apple's headset is expected to be much more expensive than Meta's offerings, driving up the average unit price for the product category across the board, and Llamas believes Apple's offering "will appeal primarily to a small audience of early adopters and Apple fans." In other words, don't expect the first Apple headset to ship vastly more units than Meta's Oculus Quest 2 right out of the gate. It's just a first step in a long-term plan to own the mixed-reality market.