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Large-Scale Crypto Mining Consumes 2% of US Electricity – PYMNTS.com

How much energy does cryptocurrency mining consume in the US? In a recent analysis, energy information bureau (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s electricity. And, as Ars Technica pointed out in a report Friday (February 2), this is roughly equivalent to adding. another state to the national power […]

Texas Gas Producers Weathering the Storm for Electricity Production

As temperatures drop to frigid conditions across Texas, natural gas producers are supplying “more than enough natural gas” to meet demand and meet the needs of power plants. “The good news is that Texas continues to produce enough natural gas every day to meet our needs, and despite local issues, Regardless, the impact of weather […]

First US offshore wind turbines deliver electricity to the grid

Vineyard Wind has announced the first delivery of power to the grid from one of its turbines located 15 miles off the coast of Massachusetts. Avangrid CEO Pedro Azagra said this is a historic moment for the U.S. offshore wind industry, bringing clean power to the Massachusetts power grid. The U.S. offshore wind industry faces […]