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An upcoming cycle of stormy solar activity risks causing damage to electrical transformers and threatening vulnerable energy infrastructure around the globe, a report by an insurance group says.
The sun follows a predictable 11 year activity cycle, with the next period of stormy activity expected to begin in 2012-13.
The report by German insurance group Allianz said a high impact solar storm, not easily predicted due to its recorded rarity, could cause blackouts and economic losses o
This is a growing collection of major space weather events in history. This page contains a brief paragraph of the main effects of each solar storm, and a link to an archive of articles written about each storm that you can find in a variety of newspapers and magazines during the time of the storm. These accounts are a rich source of information about how each storm affected various technologies, and captivated the general public. Currently [August 15 , 2005], the archive includes 306 articles.
Allianz SE is a Germany-based financial services provider. The Company operates following business segments: Insurance Operations, Asset Management, and Corporate and Other.
And also interesting that the news is coming out now, especially on Reuters.
Awareness of the consequences is increasing and various agencies and utilities are considering and undertaking mitigation measures.
Originally posted by Dillon123
reply to post by soficrow
im starting to think this is a fake article.
The literature on mitigating risk of geomagnetic storm effects on electric power systems is very consistent, focusing on two basic methods of reducing either the vulnerability or the consequence. The first risk mitigation method is hardening; the second is operational procedures.
Originally posted by chrismicha77
We're suppose to be heading towards a solar maximum, that happens every five years. But I thought scientists concluded, that we would be trending towards a lull, with almost no activity at all. Some speculated we were headed for a Maunder Minimum.edit on 2-12-2011 by chrismicha77 because: (no reason given)