Category: energy
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How AI energy demand in 2025 will put natural gas in the spotlight
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Natural gas prices (NG=F) are on track to close the year in negative territory. But there is optimism for 2025, largely due to exports abroad and increased demand caused by artificial intelligence. “We are constructive on energy, and because we are constructive on energy, we believe natural gas will do…
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Energy Crisis In Iran — Is Bitcoin Mining To Blame?
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Although Bitcoin mining is a largely profitable venture for mining companies and individuals, it can cause a lot of problems. The rise of cryptocurrency mining could push up prices, weaken networks, and even cause power outages in some countries like Thailand, Venezuela, and Kazakhstan. The Iranian capital and its neighboring…
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2 No-Brainer High-Yield Energy Giants to Buy Right Now for Less Than $500
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If there’s one thing investors can expect when investing their money in the energy sector, it’s volatility. Oil and natural gas, as commodities, have a long history of rapid and often dramatic price movements. For this reason, investors looking at this sector should consider sticking to the biggest and best…
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Energy bills likely to inch higher from April as gas costs climb again
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Energy bills for most British households are expected to rise again this spring, as rising wholesale gas prices and escalating grid charges put renewed financial pressure on millions of households. Forecasts from Cornwall Insight, the energy consultancy, suggest Ofgem’s maximum rate could rise by around 1 per cent to £1,762…
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The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy
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Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin)…
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The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy
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Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the value of a widget (in this case bitcoin)…
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Ukrainian energy workers carry out repairs despite Russia’s pounding of the country’s power grid
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Breadcrumb links PMN BMN Business Article writer: Associated Press Ilya Novikov Posted on November 29, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content On a bright winter’s day, workers at a Ukrainian thermal…
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South Korean politician calls for investigation of biomass energy material imported from Indonesia
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko and Hyung Jin Kim Posted on November 28, 2024 • Last updated 15 minutes ago • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content…
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SPEA Welcomes Ontario Government’s Commitment to Energy Expansion
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Article content MISSISSAUGA, Ontario, Nov. 28, 2024 (GLOBE NEWSWIRE) — The Society of Professional and Associate Engineers (SPEA) today applauds the Government of Ontario’s announcement of significant investments in energy infrastructure, representing a critical step forward in securing the province’s energy future while creating potential job opportunities in Nuclear sector.…
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How New Wooden Windows Can Help You Save On Your Energy Bills
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When it comes to home improvements that can have a significant impact on your energy bills, installing new wood windows is one of the best investments you can make. Wooden windows, especially when properly designed and installed, provide excellent insulation, reducing your home’s energy consumption and reducing heating and cooling…
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How New Wooden Windows Can Help You Save On Your Energy Bills
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When it comes to home improvements that can have a significant impact on your energy bills, installing new wood windows is one of the best investments you can make. Wooden windows, especially when properly designed and installed, provide excellent insulation, reducing your home’s energy consumption and reducing heating and cooling…
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UK inflation rises to 2.3% in October on higher energy costs
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UK inflation rose to a six-month high in October, exceeding the Bank of England’s 2% target, driven primarily by rising household energy bills. The Office for National Statistics (ONS) reported that the annual CPI rose to 2.3% last month, up from 1.7% in September – the highest rate since April.…
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UK Inflation Climbs More Than Forecast to 2.3% on Energy
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Breadcrumb links BMN Business UK inflation accelerated more than expected in October to far exceed the Bank of England’s 2% target, a rebound that investors saw as further dimming the odds of further interest rate cuts in the coming months. Article writer: Bloomberg News Tom Rees and Irina Angel Posted…
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Trump unlikely to significantly alter ongoing global energy shift
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Donald Trump has firmly returned to the presidency of the United States, with the possibility of obtaining a majority in the Senate or House of Representatives. This would enable him to reverse any aspect of Biden’s inflation-reduction law that might be unpopular with the fossil fuel lobbyists who supported his…
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Africa’s Just Energy Transition: Investing in Africa’s clean energy future is critical for people and planet
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As Africa’s population heads toward 2.5 billion people by 2050, the 54-nation region faces an epic challenge in achieving shared economic growth, energy stability and decarbonization to address the disproportionate global inequality and climate change burdens it faces. Finding intersectional solutions is not only critical to the future well-being of…
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How collaboration, AI, and finance can bridge the Global North-South clean energy gap
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The International Energy Agency’s recent finding that investment in clean energy in 2024 will be double that in hydrocarbon projects comes with both good and bad news. The good news is that investment in clean energy is expected to exceed US$2 trillion for the first time ever, but unfortunately, most…
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Indonesian forests pay the price for the growing global biomass energy demand
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Breadcrumb links PMN BMN Business Article writer: Associated Press Victoria Milko Posted on October 26, 2024 • Last updated 4 hours ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content JAKARTA, Indonesia (AP) —…
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Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?
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An experienced cryptocurrency reporter, Dalmas brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and NewsBTC’s blockchain news, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft more than 10,000 news and feature articles over…
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Eco-consumerism drives manufacturers to clean energy
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On October 1, 2024, global adhesives manufacturer Henkel completed the switch to renewable electricity at all of its factory sites in the Middle East and Africa region, including Nairobi, joining a growing list of global companies that have taken this path. This transformation by Henkel included on-site solar installations and…
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Eco-consumerism drives manufacturers to clean energy
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On October 1, 2024, global adhesives manufacturer Henkel completed the switch to renewable electricity at all of its factory sites in the Middle East and Africa region, including Nairobi, joining a growing list of global companies that have taken this path. This transformation by Henkel included on-site solar installations and…