Enel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said “you can produce electricity better, cheaper, without using gas.” Giulio Napolitano...
Tag: electricity
Chinese Wind-Turbine Companies Seek Global Growth as Western Rivals Struggle
TARANTO, Italy—Chinese wind-turbine makers have grown big on the back of their rapidly growing home market. Now they want to expand abroad, putting further pressure on Western wind-turbine makers, whi...
Putin Warns Finland Over Joining NATO As Russia Cuts Off Electricity
Topline Russian President Vladimir Putin warned Finland on Saturday that abandoning military neutrality to join NATO would be “wrong,” as Russia halted electricity deliveries to Finland in apparent re...
It Already Feels Like August In Texas, At Least Where The Grid’s Concerned
HOUSTON, TEXAS – May 13: Power-lines are shown on June 15, 2021 in Houston, Texas. The Electric … [+] Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners – Coinotizia
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a ...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners – Mining Bitcoin News
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a ...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...
Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting
OMAHA, Neb.—The Berkshire Hathaway annual shareholders meeting is back in person for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addre...
Bitcoin’s Electricity Consumption Decreased by 25%
BMC now represents 50% of the global Bitcoin Mining Network The industry’s sustainable electricity mix is now 58.4% BMC previously had a membership hashrate of 29 EH Toward the finish of May last year...
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25,...
Crypto electricity usage for BTC dropped by 25%
Cryptocurrencies like Bitcoin (BTC) have the natural effect of Proof of Work (PoW) mounting The most recent information shows that the biggest crypto blockchain probably won’t be harmful A report has...
Bitcoin network electricity usage drops 25% in Q1 2022, easing energy consumption fears
As concerns over the ecological impact of Proof of Work (PoW) cryptocurrencies like Bitcoin (BTC) mount, the latest data shows that the largest crypto blockchain might not be so damaging to the enviro...
4 ETF ideas targeting clean water, wind, the smart grid — and a catch-all
For some investment advisers and stock-pickers, so-called green investing is far from just a feel-good move. There are population demographics, a private-public mandate to meet international greenhous...
Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate
Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...
Quest for Pricing Power Drives Stock Gains
Investors are on the hunt for companies with the magic words during any spell of inflation: pricing power. With consumer prices rising at their fastest pace in 40 years and stocks wobbly over the Fede...
Utilities Plan Huge Electric Grid Upgrades, Adding to Power Bills
American utilities are planning their biggest spending increases in decades to upgrade aging grids, prepare for electric vehicles and make the transition to renewable energy—moves poised to further bo...
U.S. natural gas is trading at an ‘insane’ price — Why it hit a 14-year high
Natural-gas futures on Thursday posted a gain for the holiday-shortened week, their fifth weekly climb in a row, with prices for the fuel settling at their highest in close to 14 years. The front-mont...
Solar Overtakes Wind Energy For First Time In Global Rush For Renewables
Solar photovoltaic panels alongside a wind farm getty Solar power has overtaken wind for the first time, in the race to develop renewable energy capacity around the globe. According to the Internation...
Get ready for a ‘new world order’ that drives stocks and bonds: BlackRock
It’s an end of an era. That’s BlackRocks Inc.’s BLK, +1.62% Tony DeSpirito, chief investment officer in the U.S. fundamental equities division of the world’s largest asset manager, telling investors t...
Oil futures suffer biggest weekly percentage decline in nearly 2 years
Oil futures ended lower Friday, with prices posting their largest one-week percentage loss in nearly two years. Prices declined on the back of the largest-ever release from U.S. crude reserves and new...
What 10% inflation could look like for junk bonds: BofA
What happens to companies financed in the booming high-yield or “junk-bond” market on the off chance that U.S. inflation pegged at 7.9% in February soars to 10% and stays there? That’s a question Oleg...
Biden says latest Strategic Petroleum Reserve release could cut gas prices 10 to 35 cents per gallon — but some experts worry about long-term costs
President Joe Biden announced Thursday the daily release of 1 million barrels of oil from the country’s reserves for the next six months as a way to bring down gas prices that have been breaking recor...
Texas: crypto miners and the demand for electricity
In Texas, crypto miners must now seek approval for the state’s electricity supply, due to a sharp rise in demand. Members of Ercot, the state’s main grid operator, voted to create a task force with th...
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency – Mining Bitcoin News
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has ...
Here are 15 high-yield stocks expected to raise dividends the most through 2024
The stock market, shocked by the Federal Reserve’s policy changes to fight inflation, has been gored this year, with growth and technology companies bearing the brunt of the biggest declines. Dividend...