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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

The energy industry is being disrupted – and traditional firms can’t keep up

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

Energy Department teams up with #Bill_Gates to move mini-nuclear plants to market

Energy Department teams up with Bill Gates to move mini-nuclear plants to market The Energy Department is participating in major push with electric utility Southern and a company founded by Microsoft founder Bill Gates to develop small nuclear power reactors that are less expensive and more efficient than their much larger cousins. “Molten salt reactors … Continue reading Energy Department teams up with #Bill_Gates to move mini-nuclear plants to market

Blockchain Could Help Bring Renewable Energy to the Power Grid, Experts Tell Congress

Blockchain Could Help Bring Renewable Energy to the Power Grid, Experts Tell Congress Blockchain technology could help the energy sector secure the power grid and overcome some of the biggest barriers to widespread use of renewable resources, industry experts told lawmakers. But before that can happen, the government needs to fund more blockchain research and … Continue reading Blockchain Could Help Bring Renewable Energy to the Power Grid, Experts Tell Congress