This week’s Crypto Wrap KnovaWave & Meta Johnny discuss a big week for crypto, the collapse of Bitcoin and Ethereum and alt coins heads us off. They discuss the use Of Bitcoin in South America and The US Fed’s paper on CBDC. The story behind the banning of Crypto in Russia and China as geopolitical tension hits fever pitch. Ethereum Money and Payments: The U.S. Dollar in the Age of Digital TransformationJanuary 2022 Executive Summary For a nation’s economy to … Continue reading “Crypto Wrap Up: Bitcoin & Ethereum Collapse, US CBDC and Russia Ban Crypto”
The EIA nade a series of forecasts for the likely share of solar power for US electricity over the next thirty years. In 2020 solar power accounted for 3% of U.S. electricity generation from all sources. The agency forecasts that solar will account for 20% of U.S. electricity generation in 2050. EIA US Solar Power Projections Solar power accounted for 3% Solar will account for 4% in 2021 5% in 2022. 14% in 2035 20% in 2050 via EIA Electric Power … Continue reading “Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts”
What comes to mind with the current European energy crisis is the unexpected consequences of decision making without thought of possible headwinds. The current crisis has been borne out of what could best be described as ignorant energy and environmental policies. Putting the cart before the horse the issue with populist kneejerk policy.
HIVE Blockchain announced its global operations are producing a BTC equivalent operational hash rate of 1.675 EH/s from its Bitcoin and Ethereum operations, an annual run rate of $200 million. $HVBT was the first cryptocurrency mining company with a green energy and ESG strategy.
The G7 in their communique Friday committed their nations to accelelerate it’s transition from coal in a conscious move from fossil to green fuel dependancy. Meanwhile over in China they are building coal capacity, again this shows their clear deference to the G7
Murray Energy Corporation, America’s largest underground coalminer is battling to stave off bankruptcy, Yesterday it extended forbearance agreements with its lenders and elected not to make interest payments to noteholders,
Swedish state energy entity Vattenfall opened Scandinavia’s biggest offshore wind farm this week off Denmark’s west coast in the North Sea. The facility has a capacity of 407 megawatts (MW)
Jinko Solar, the world’s largest solar panel manufacturer, reported better than expected earnings before the open Monday. $JKS, headquartered in Shanghai, China sees for the full year 2018 total solar module shipments to be in the range of 11.5 GW to 11.8 GW.
South Africa’s coal production is expected to soon drop drastically MP Consulting senior coal analyst Xavier Prevost predicts. This is due to low investment in new coal mining capacity and older mines reaching the end of their lives.
Western Australia in response to the 2017 sales of spodumene, the primary lithium bearing mineral produced in WA soaring 166% to reach A$780-million announced a taskforce to harness the potential for lithium and other energy materials.