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FacebookTwitterLinkedInEmailPrint分享Reuters:U.S. electricity demand last week plunged to a near 17-year low as government travel and work restrictions to slow down the spread of the coronavirus led to business closures, according to analysts and the Edison Electric Institute (EEI) trade group.EEI said power output fell to 64,061 gigawatt hours during the week ended April 18. That was down 4.2 per cent from the same week in 2019 and was the lowest in a week since May 2003.The U.S. Energy Information Administration (EIA) projected economic slowdown and stay-at-home orders would reduce electricity and natural gas consumption in coming months.EIA said it expected power sales to the commercial sector to drop by 4.7 per cent in 2020 as many businesses close, while industrial demand will fall by 4.2 per cent as factories shut or reduce output.Electricity sales to the residential sector, meanwhile, will only decline about 0.8 per cent in 2020, EIA projected, as reduced heating and air conditioning use because of milder winter and summer weather is offset by increased household consumption with many people staying home.Overall, EIA said it expects total U.S. power consumption to decline by 3 per cent in 2020 before rising almost 1 per cent in 2021.[Scott DiSavino]More: U.S. power demand falls to 2003 low as coronavirus cuts use by companies U.S. power demand fell to 17-year low for the week ended April 18, trade group says
LOCAL insurance company Hand-in-Hand says that its investment in motorsport is for the long run.The company, through Marketing Coordinator Shafeena Juman, contended that they are interested in the development of motorsport.“On behalf of the Board of Directors, the Management and Staff of Hand-in-Hand we would like to say that we are happy with everything that GMR&SC has been doing and we are proud of the initiative that they have been taking,” she said.She added, “We are extremely excited to see what is going to go down with the new strip and the new Nissan GTR.”Meanwhile the club had a briefing last evening for all drivers, specifying that all competitors for both cars and bikes must be registered with medicals.Cars were seen testing on the venue yesterday ahead of Sunday’s meet and the unofficial feedback is one of satisfaction.Marketing Coordinator Shafeena JumanThe interest by international competitors in Drag racing locally is now renewed with the installation of the pad.That, along with the fact that the strip is being extended from 1 000ft to 1,320ft or a quarter-mile, is also something that the local dragsters are keen on trying.Competition is also expected from Suriname.Ticket prices for fans desirous of witnessing the action are $1 000 for adults and $500 for children.Other sponsors are Mohamed’s Enterprise, BM Soat Auto Sales, Motor Trend Service Centre, Delco Ice Factory, Trans-Pacific Motor Spares, Supreme Ventures, Air Services Limited, PowerLine Auto, Cyril’s Taxi, Omega Brokers, E-Networks, Prem’s Electrical, Miracle Optical, Choke Gas Station and Super Bet, R. Kissoon Contracting Services and Top Brandz Distributors.