renewable energy News

Iceland Prime Minister Katrín Jakobsdóttir unveiled plans to pivot the country's renewable energy efforts from crypto mining to agricultural development.

Texas has an excellent combination of renewable power generation and Laissez fair regulation, making its power rates very low. The low rates attract innovators and cryptocurrency miners. However, the State’s search for cheap power affects their preparation against the winter storm. Now cryptocurrency miners are proposing counterintuitive ways to support the grid.

The economic potential for cryptocurrency can be huge. Millions of people who don’t have access to banking can have digital wallets, be prevented from fraud, and cut out the third-party transaction fees. These are just a few of the transformative…

As various sectors of the global economy keep making serious efforts to reduce their carbon footprints, Montana-based Madison River Equity LLC is putting preparations in top gear to install a 1,600-acre, 300-megawatt solar facility that could transform the city into…

Blockchain platform Ripple has designed a blockchain tool called EW Zero for projects that want to reduce their carbon footprint.  This according to the firm is part of its aims to ensure it is carbon-free by 2030. Blockchain Payment Solution…

With the world going green, we explore the high cost of crypto mining and if it is sustainable in the long-term. It is no secret that the world runs on energy and for the last few years, there has been…

Blockchain is solidifying its place in the renewable energy industry as Kyocera has announced on February 25, 2019, that they will be partnering with LO3 to test a blockchain-powered virtual power plant (VPP). Testing, testing With some irony, blockchain, which…

Iberdrola, a highly reputed Spanish energy company, in conjunction with Kutxabank and the Energy Web Foundation distributed ledger technology (DLT) platform, has reportedly used the tech to prove the renewability, transparency and cost efficiency of electricity it generates for users,…

European utilities will begin directly trading with one other using blockchain technology to stay ahead of emerging technology and stave off competition from agile startups and digital companies. According to Reuters, energy operators previously tested blockchain technology for wholesale trading.…

Leading European Electricity Transmission System Operator (TSO) TenneT is spearheading a collaboration between key European energy service providers, Sonnen and Vandebron, powered by IBM’s Hyperledger Fabric-based blockchain to maintain the security of supply of energy for its consumers and prosumers.…