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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 […]

At Least 13 Dead, Hundreds Of Thousands Without Electricity In Huge Argentina Storm

Stock Image – On May 23, 2023, lightning strikes the city of Buenos Aires during a storm. (Photo by LUIS ROBAYO/AFP, Getty Images) OAN's Avril Elfie9:44am – Sunday, December 17, 2023 At least 13 people were killed and hundreds were evacuated after a severe thunderstorm knocked out power across the Argentine city of Bahia Blanca. […]

Sri Lanka Left Without Electricity Due To System Failure: Official

Nationwide power outage occurs in Sri Lanka (file) Colombo: A system failure has caused power outages across Sri Lanka, government officials said on Saturday. Ceylon's electricity monopoly, the Ceylon Electricity Board (CEB), is working to restore power, said CEB spokesperson Noel Priyantha. (Except for the headline, this story has not been edited by NDTV staff […]

Decrease set for exorbitant Maine electricity costs

Maine, which has historically had some of the highest energy costs in the nation, is set to see lower electricity rates. Next year’s standard asking rates will be reduced by 35% for Central Maine Power customers and 24% for Versant Power customers, the Maine Public Utilities Commission announced in a statement Wednesday. The standard offer […]

In Wyoming, cheap electricity is gone with the wind

At one time, people in Wyoming enjoyed some of the lowest electricity rates in the nation thanks to the state’s advantage in coal production. The state, rich in divine natural energy, is currently facing a 29% increase in electricity rates thanks to Republican Gov. Mark Gordon’s complaints about windmills. Who needs cheap natural fuel when […]