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Since oil is easily substituted for natural gas in many industrial and electrical turbines, prices of the two commodities tend to be correlated (coal less so).
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The firm makes electrical equipment, mostly for industrial customers.
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The company makes fluid power systems for industrial, mobile and aircraft equipment, as well as electrical systems and components for power quality, Its ROE comes up to 16.6% and its dividend yield is a solid 3.3%.
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The police said an electrical fault was the likely cause for the fire in the Ashulia industrial zone.
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Industrial activity is predominantly in food processing, chemicals, petroleum refining, and electrical machinery.
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"GE is playing a leadership role in the transformation to smarter transportation solutions and a smarter electrical grid, " said Luis Ramirez, CEO, GE Energy Industrial Solutions.
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GaN switches convert power at higher frequencies than traditional components and can be easily embedded in virtually any electrical system from consumer electronics products to computer servers, HVAC equipment, industrial motor drives, and inverters for solar panels and electric vehicles.
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First of all, the electrical system as a whole is very reliable in North Carolina and costs to industrial customers are about 30% lower than the national average.
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These, he says, are 1, 500 times better than existing sensors at detecting hydrogen. (The gas combines with the tubes, changing their electrical properties.) Hydrogen detection is used to help control certain processes in industrial food production, for tweaking fuel combustion in car engines, and in monitoring certain bacterial infections.
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