New blockchain use cases coming for the energy sector New blockchain use cases are under development for Energy Web’s Decentralised Operating System (EW-DOS) and the EW Chain. Among these are enterprise-grade settlement services, distributed resource integration, the growth of geothermal energy in Germany and the advance of token-enabled ecosystems. Enterprise software provider R3 is partnering … Continue reading New blockchain use cases coming for the energy sector
Responding to Cyber-Attacks in the Utility and Energy Sectors To assist utilities with assessing and responding to cyber risks, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) recently issued a report on best practices to respond to and recover from cybersecurity incidents in the utility industry. Like other industries, … Continue reading Responding to Cyber-Attacks in the #Utility and Energy Sectors
Political power and financial might: energy lobbyists in the US US energy firm Exelon has been swept by a raft of controversies, from state investigations to private lawsuits, based around its alleged breaking of lobbying laws and failure to disclose its political connections. We consider the court case, and what this could mean for lobbying … Continue reading Political power and financial might: energy lobbyists in the US
West Coast’s triple-digit heat wave drives statewide energy conservation effort As California faces a record-breaking heat wave that is expected to last through Thursday, state officials have urged residents not to turn down the thermostat so as to conserve as much energy as possible. The California Independent System Operator Corporation (ISO) issued a statewide Flex … Continue reading West Coast’s triple-digit heat wave drives statewide energy conservation effort
Dallas Cowboys owner Jerry Jones buys energy company for $2.2 billion Dallas Cowboys Opens a New Window. owner Jerry Jones Opens a New Window. on Monday purchased a Texas energy company for $2.2 billion, making his oil and natural gas firm a leading producer in one of the largest natural gas basins in the U.S. … Continue reading Dallas Cowboys owner #Jerry_Jones buys energy company for $2.2 billion
Warren Buffett Could Make His ‘Elephant-Sized’ Deal In The Energy Sector Warren Buffett wants an “elephant-sized” deal this year for Berkshire Hathaway (BRKB) and he could find it in the energy sector following Friday’s big Chevron (CVX) shale acquisition. Chevron announced Friday that it would buy top shale producer Anadarko Petroleum (APC) for $33 billion. … Continue reading #Warren_Buffett Could Make His ‘Elephant-Sized’ Deal In The Energy Sector
2019: Diversify or disappear for energy, utilities and resources? In 2019 energy and utility companies face the challenges of an industry rapidly diversifying, decentralising and digitising. PREDICTION #1: BY 2040, 66% OF THE GLOBAL ENERGY MARKET WILL BE IN RENEWABLES, DRIVING AN URGENT RACE TO DIVERSIFY IN 2019 GLOBAL GREEN HOTSPOTS India and China: By … Continue reading 2019: Diversify or disappear for energy, utilities and resources?
AMAZON JUST BROKE INTO HEALTH CARE. IS ENERGY NEXT? Technology is omnipresent, but there are still a few apps and services that would be missed if they disappeared. If you could no longer order shampoo, toothpaste or a television for delivery within a day or two, you would notice. The same for no longer being … Continue reading #AMAZON JUST BROKE INTO #HEALTH_CARE. IS ENERGY NEXT?
Washington Utility Raises Electricity Rates for Bitcoin Mining Companies Bitcoin mining, or the use of specialized computers that record and verify bitcoin transactions, is notoriously energy inefficient, using up to an estimated 20,000 gigawatt hours of electricity per year. That’s roughly .1% of global generation. So, when bitcoin mining companies realized that a few Washington … Continue reading Washington Utility Raises Electricity Rates for Bitcoin Mining Companies
The energy industry is being disrupted – and traditional firms can’t keep up The electricity sector is experiencing a profound disruptive shock. This is due to technological innovation including the falling costs of renewables and energy storage, along with tougher environmental policies and regulatory reform. These changes are most apparent in Australia, the EU and … Continue reading The energy industry is being disrupted – and traditional firms can’t keep up