Category: electricity
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Bitcoin Mining Contributing to Massive Electricity Theft in Malaysia: Report
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According to a report by a Malaysian media outlet, MalayMail, Bitcoin and cryptocurrency mining operations were mostly responsible for the massive electricity theft in the country between 2018 and 2023. Despite the strict measures, cryptocurrency mining and public services are not illegal in the Asian country. Bitcoin mining using stolen…
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Electricity prices up for first time in six months
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Electricity prices increased by an average of 2.8 percent, or 86 cents per unit, this month, the first increase since January, which is expected to raise the cost of living. In its latest monthly review, the Energy and Petroleum Regulatory Authority (Epra) raised the fuel energy excise (FEC) to Sh3.59…
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Rising food, electricity prices push May inflation up to 5.1pc
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The cost of living rose slightly in May, with inflation rising to 5.1 percent from five percent in April due to higher costs of food and electricity. The Food and Non-Alcoholic Beverages Index, which accounts for food prices, rose by 6.2 percent year-on-year compared to May of last year and…
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Align petroleum and electricity infrastructure with energy shift
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Just as landline telephones have been replaced by mobile and Internet technologies, so will oil-based energy be replaced by renewable energy technologies, which include electric mobility. This is already happening here in Kenya with the help of new investments in electric vehicles, accommodative policies, and financial support. For this reason,…
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New U.S. rules aim to boost renewables, meet surging electricity demand (NYSEARCA:XLU)
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Gargolas/iStock via Getty Images Federal Energy Regulatory Commission Two new rules were approved Monday’s move is expected to make it easier to expand construction of large power lines and bring more renewable energy to American homes and businesses. One rule will require companies that produce and transmit electricity to weigh…