electricityconsumption
Volkswagen is to offer a solar panel deal alongside chargers for its electric cars. The German car maker says that will cut drivers' costs by some 40% because they will be able to use excess solar energy to recharge their electric vehicles. That figure is based on an estimate from UK energy efficiency organisation the Energy Saving Trust which says the average household can expect to pay around £7,000 (€8,200) for a 3.5 kWh solar panel system at peak times. The VW collaboration is with Norwegian solar panel installer Otovo. The company was started in 2016 and has more than 20,000 photovoltaic ...
Euronews (English)
With energy ministers expected to call on the European Commission next week to promote the development of Europe’s power grid, the electricity industry has warned that annual investment in local distribution networks will need to double to some €67bn or risk jeopardising the energy transition. In a report published on Wednesday (22 May) during its annual conference in Greece, the trade association Eurelectric has concluded that Europe’s transition away from fossil fuels, and its net-zero target, are at stake. Without investing a sum equivalent to 0.4% of the EU’s annual economic output (GDP) i...
Euronews (English)
Cloud Mining has become, perhaps, one of the most popular ways to mine cryptocurrencies today. The reason for the acceptance is that it allows users to mine cryptocurrencies without the necessary —and often expensive and energy-consuming— equipment. Q3 2021 hedge fund letters, conferences and more How? Through the renting of computing power from companies that have it and operating in the cloud. However, there is more involved than just benefits in crypto cloud mining, as several scams have somewhat affected the perception of this solution touted as coming directly from heaven. How Does Cloud ...
ValueWalk
Cloud Mining has become, perhaps, one of the most popular ways to mine cryptocurrencies today. The reason for the acceptance is that it allows users to mine cryptocurrencies without the necessary – and often expensive and energy-consuming – equipment. Q3 2021 hedge fund letters, conferences and more How? Through the renting of computing power from companies that have it and operating in the cloud. However, there is more involved than just benefits in crypto cloud mining, as several scams have somewhat affected the perception of this solution touted as coming directly from heaven. How Does Clou...
ValueWalk
Electricity demand growth rate could double with adoption of electric vehiclesRenewables led the growth in power production to fuel the consumptionMetals such as silver, vanadium, and nickel are critical to make solar panels and batteries, mining companies also stand to benefitQ2 2021 hedge fund letters, conferences and more Electric vehicle adoption boost power consumption growthElectricity consumption is growing at an annualized rate of 3% a year (China has the highest rate at 10%) from 2000 to 2018. Source: Global Energy Statistical Year Book 2020 Despite China’s economic progress, its elec...
ValueWalk
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