Tag: electricity

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MicCom lists FX pain, electricity as major hurdles facing Cable Manufacturers

MicCom lists FX pain, electricity as major hurdles facing Cable Manufacturers

The Chief Operating Officer (COO) of MicCom Cables and Wires Limited, Bukola Adubi, has identified access to foreign exchange, electricity, and [...]
Firm identifies forex, electricity as challenges facing cable manufacturers

Firm identifies forex, electricity as challenges facing cable manufacturers

By Emmanuella Anokam The MicCom Cables and Wires Ltd. has identified access to foreign exchange, electricity, and unfriendly policies on [...]
China’s electricity consumption +11% y/y in February

China’s electricity consumption +11% y/y in February

Data from China today showed electricity consumption jumped in February and COVID further eased and holidays ended.Power usage is regarded as a key in [...]
Industry Says USD Electricity Billing Should Be Matched To Forex Earnings ⋆ Pindula News

Industry Says USD Electricity Billing Should Be Matched To Forex Earnings ⋆ Pindula News

The Confederation of Zimbabwe Industries (CZI) wants ZESA Holdings’ US dollar electricity billing to be matched to the proportion of foreign currency [...]
Biden budget proposes 30% tax on crypto mining electricity usage

Biden budget proposes 30% tax on crypto mining electricity usage

A phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe Biden in his administration's 2024 fis [...]
7 modern technology examples that don’t need electricity

7 modern technology examples that don’t need electricity

While electricity is an integral part of our daily lives, some modern technologies do not require electricity to function. These technologies rely on [...]
Pakistan’s recent countrywide electricity blackout linked to forex woes: Report | World News

Pakistan’s recent countrywide electricity blackout linked to forex woes: Report | World News

Pakistan's recent countrywide electricity blackout is a symptom of its enduring economic crisis as its forex reserves are dwindling and are not in a [...]
Aquind: Opponents vow to continue fight against electricity link

Aquind: Opponents vow to continue fight against electricity link

The government's rejection of the cross-Channel electricity link was overturned in High Court. www.bbc.co.uk [...]
Aquind: Government loses bid to block cross-Channel electricity cable

Aquind: Government loses bid to block cross-Channel electricity cable

Kwasi Kwarteng's rejection of electricity link from Portsmouth to France is overturned in High Court. www.bbc.co.uk [...]
Texas Bitcoin Miners Are Offered to Cut Electricity Usage to Help the Grid

Texas Bitcoin Miners Are Offered to Cut Electricity Usage to Help the Grid

The move will help the state’s grid operator, Electric Reliability Council of Texas (ERCOT), ease worries that the mining will put extra stress during [...]
Renewables to be main source of electricity generation by 2025: IEA

Renewables to be main source of electricity generation by 2025: IEA

Wind turbines in the Netherlands. A report from the International Energy Agency "expects renewables to become the primary energy source for electricit [...]
Kentucky to scrutinize contracts offering cheaper electricity to miners

Kentucky to scrutinize contracts offering cheaper electricity to miners

The Kentucky Public Service Commission (PSC) has reportedly opened a formal investigation into two proposed contracts that would offer discounted elec [...]
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

One proposed contract is between Kentucky Power and Ebon International, LLC, and would give discounted electricity rates to the Ebon Facility, a 250 M [...]
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

Hydro-Quebec's plan called for the Regie de l'energie, or Canada Energy Regulator, to suspend the allocation of a 270 megawatts (MW) already planned f [...]
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners

Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners

Trygve Slagsvold Vedum, the finance minister of Norway, has suggested the government abolish a scheme that allows crypto data centers to pay a reduced [...]
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