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Crypto mining uses as much energy as conventional data centers, says US Federal report

A report commissioned by the White House has warned that cryptocurrency mining is using up to 0.9 percent of all the world's electricity, and criticizes proof-of-work schemes as used on Bitcoin and Ethereum.The report, from the Office of Science and Technology Policy (OSTP), has called for more research into the energy impact of mining for cryptocurrencies such as bitcoin, as well as further investigation of whether the underlying distributed ledger technology, blockchain, could be harnessed for positive environmental work.The report, Climate, and Energy Implications of Crypto-Assets in the United States [PDF] comes in response to President Biden's Executive Order 14067: “Ensuring Responsible Development of Digital Assets,” which asked how digital development related to the US' climate...

Published on 1/31/2023 (17 hours ago) General

 

State Electricity Generation Fuel Shares

Percent of the net electricity generated within the borders of each state in 2021: State Nuclear (%) Coal (%) Natural Gas (%) Petroleum (%) Hydro (%) Geothermal (%) Solar - PV (%) Wind (%) Biomass and Other (%) Alabama 32.2 18.8 37.6 0.0 8.8 0.0 0.3 0.0 2.2 Alaska 0.0 13.7 41.0 14.9 27.7 0.0 0.0 2.1 0.6 Arizona 29.1 13.2 44.4 0.0 5.4 0.0 6.2 1.5 0.2 Arkansas 22.5 35.6 32.1 0.1 7.3 0.0 0.8 0.0 1.7 California 8.4 0.1 49.0 0.0 7.2 5.8 17.4 7.9 4.0 Colorado 0.0 41.6 25.5 0.0 2.8 0.0 3.1 26.5 0.4 Connecticut 39.0 0.6 55.6 0.2 0.7 0.0 0.7 0.0 3.2 Delaware 0.0 6.8 85.8 0.5 0.0 0.0 1.5 ...

Published on 1/20/2023 (11 days ago) General

 

No risky experimenting with Texas grid. Here's how to lower bills, and keep lights on.

The first step was admitting Texas’ electrical grid had a problem.For years, state leaders sold a vision of the Lone Star State as a haven for power generators. Bring us your natural gas, your coal producers yearning for low taxes, low costs, and minimal regulation.Then Winter Storm Uri swept across the state in February 2021, killing hundreds of people and leaving more than 4.5 million Texas homes and businesses without power for three days. The denial stage was over. State regulators were forced to reckon with the fact that our cherished independent grid had serious vulnerabilities. Chief among them: thermal energy producers who failed to adequately winterize; skimpy power reserves; and minimal state oversight over the utility market.  The next step was to fix it. Yet more than a year...

Published on 12/8/2022 (54 days ago) General

 

CenterPoint said city equipment led to power outage that prompted Houston's water boil notice

The power outage at Houston's East Water Purification Plant that triggered a drop in water pressure leading to the citywide boil-water notice late Sunday night was caused by the city's equipment, according to CenterPoint Energy.CenterPoint, which delivers power and natural gas to the Houston region, said in an email Monday morning that after officials assessed the company's facilities in the Galena Park and Jacinto City areas, they determined the power issue was "caused by the City's equipment and not related to CenterPoint Energy's system."  ...READ FULL ARTICLE...

Published on 12/8/2022 (54 days ago) General

 

Houston mayor defends boil-water order that kept hundreds of thousands of children home from school

Houston Mayor Sylvester Turner cautioned people Monday against comparing the city's current boil-water order to last year's "February freeze," when the state's electric power grid collapsed and 246 people died.Although both were caused by power outages — the boil-water order when an outage Sunday at a water purification plant caused water pressure to drop, triggering concerns of possible contamination — that's where the similarities end, he said."The February freeze is a totally sort of different matter," Turner said at a news conference. "You lost power and water and things remained down for several days, OK? For several days."Turner shared a timeline of events that led to the boil-water notice and said state law requires a city to notify the public within 24 hours from the time of the...

Published on 12/8/2022 (54 days ago) General

 

China, Russia eye closer energy cooperation at bilateral forum amid external risks

Chinese President Xi Jinping said on Tuesday that China is ready to work with Russia to forge a closer partnership in energy cooperation, the Xinhua News Agency reported, as both countries are seeking to expand energy trade amid an increasingly unstable global energy market.Energy cooperation is an important cornerstone of practical cooperation between China and Russia, and also a positive force for maintaining global energy security, Xi said in a congratulatory letter sent to the 4th China-Russia Energy Business Forum.In the face of external risks and challenges, the two countries have strengthened communication and coordination and pushed forward major cooperation projects, which have demonstrated the resilience of China-Russia energy cooperation and the broad prospects for the...

Published on 11/30/2022 (62 days ago) General

 

US, EU in spat over law

BRUSSELS — The European Union and the United States are treading precariously close to a major trans-Atlantic trade dispute at a time when the two Western giants want to show unity in the face of challenges from Russia and China.EU trade ministers on Friday insisted they would be forced to respond if Washington sticks to all the terms of its Inflation Reduction Act, which is favorable to U.S. companies through subsidies that the EU says unfairly discriminate against European firms that want to compete for contracts"Nobody wants to get into a titfor-tat or subsidy race. But what the U.S. has done really isn't consistent with the principles of free trade and fair competition," Irish Trade Minister Leo Varadkar said.Even though the allies stood shoulder to shoulder by imposing strict...

Published on 11/30/2022 (62 days ago) General

 

Egypt prepares for flagship UN climate conference, in a year of unprecedented global weather shocks

Regional authorities in Egypt, the host country of the 2022 UN climate conference (COP27), are ramping up initiatives designed to improve the country’s environmental credentials, and speed up its transition to a low carbon economy. The event will begin on 4 November, in the Egyptian resort city of Sharm El-Sheikh.Several COP27-related initiatives are underway in Egypt: they include projects related to sustainable transport, waste recycling, women's health, the transition to clean energy, sustainable cities, adaptation measures in the water and agriculture sector, and the links between peace and climate.“The Egyptian Government recognizes the huge responsibility of organizing a successful conference”, says Dr. Samir Tantawy, a climate change expert at the United Nations Development Program...

Published on 11/17/2022 (75 days ago) General

 

Cobalt Mining: The Dark Side of the Renewable Energy Transition

The Importance of Cobalt in the Renewable Energy Transition There is an urgent need to reduce carbon emissions and address global warming in order to limit existing rises in temperatures. Meeting these goals, however, requires a complete transformation – changes to the ways that energy is produced, transported and consumed. A movement away from a fossil fuel-based economy requires the generation of alternative energy sources. The International Energy Agency’s (IEA) “Net Zero by 2050” report notes that roughly 75% of current greenhouse gas emissions are produced by the energy sector. As such, decarbonising the energy sector has dominated both technological and social innovation efforts, with electric vehicles being just one example. At the most basic level, EV batteries are charged and...

Published on 11/2/2022 (90 days ago) General

 

Inside Silver Peak, America’s only active lithium mine

CNBCSilver Peak, Nevada is home to the only active lithium mine in the U.S. It’s owned by Albemarle, one of the world’s largest lithium producers, and is set to double in size by 2025 to meet growing demand from EV automakers. Albemarle, as well as this mine in particular, stand to benefit from the Inflation Reduction Act, which incentivizes domestic production of critical minerals like lithium.WATCH VIDEO...

Published on 10/26/2022 (97 days ago) General

 

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