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THE FOURTH INDUSTRIAL REVOLUTION REQUIRES AN ACCOMPANYING REVOLUTION IN HIGHER EDUCATION
It is increasingly evident that the Fourth Industrial Revolution will profoundly alter supply chains, production methods, and distribution networks. Governments worldwide are focusing on this transformation, adapting their policies alongside industrial advancements. Simultaneously, as nations align their economies, scientific endeavors, and educational systems with the Fourth Industrial Revolution, opportunities to maximize profits while minimizing costs are emerging, intensifying global competition.
B. BILGUUN: THE NEW BATTERY ENERGY STORAGE STATION BOOSTS MONGOLIA'S RENEWABLE ENERGY TRANSITION
The government has acknowledged the necessity of an energy transition and has initiated several renewable energy projects. In the initial phase, the First Utility-Scale Energy Storage Project has been launched.
In August 2022, Prime Minister L. Oyun-Erdene and representatives from the energy sector, including the Minister of Energy, participated in the foundation stone laying ceremony for the battery energy storage station project. In December of the following year, the station commenced operations, supplying energy to the central grid. Project Engineer B. Bilguun elaborated on the station's efficiency, built within the project's framework.
Crypto-Coins and monetary policy
There are two ways to get people to act on their own. The first is to encourage or promise them a reward for taking a certain step. The second is to control or punish them based on fear. Crypto-coin investors are affected in both ways. First, there is the naive expectation that the coins they buy will grow and generate huge profits. Some may have even planned an expensive vacation to the tropics. Second, is the fear of being left empty-handed when everyone says you can buy and sell coins and make lots of dollars.
