Energy RSS Feed

US energy industry sees opening in infrastructure push to address priorities

US energy industry sees opening in infrastructure push to address priorities U.S. energy producers are aiming to have key industry priorities addressed as President Joe Biden and congressional lawmakers work to draft massive legislation to upgrade the country’s aging infrastructure. Energy and mining trade groups hope the plan will tackle a whole host of issues, … Continue reading US energy industry sees opening in infrastructure push to address priorities

New blockchain use cases coming for the energy sector

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

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

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

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

#Warren_Buffett Could Make His ‘Elephant-Sized’ Deal In The Energy Sector

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?

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?

Washington Utility Raises Electricity Rates for Bitcoin Mining Companies

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