Bitcoin mining uses triple energy of gold
Consumption
The energy required to “mine” US$1 in bitcoin, ethereum and other cryptocurrencies is more than twice that required to extract
All posts by Energy Reporters
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Tidal project secures €1.2m funding
Environment
Scottish tidal turbine developer, Orbital Marine Power, based on the Orkney Isles in the North Sea, and Swedish drivetrain solutions
Gazprom boosts Austrian supply deal
Consumption
Russian de-facto gas export monopoly Gazprom has agreed to boost contracted gas supplies to Austria by 1 billion cubic metres
Oil prices fall amid Iran sanctions waivers
Policy
Oil prices fell today (Tuesday) as US sanctions exemptions allow Iran’s biggest customers to keep supplies flowing amid an economic
Erdogan threatens ‘sea bandits’ hunting gas
Production
Turkey’s president, Recep Tayyip Erdogan, has warned against the “seizing” of gas in the eastern Mediterranean. He told a naval
Poland eyes wind to meet 2020 targets
Policy
Poland has relaxed 2016 restrictions on onshore wind energy ahead of the Cop24 climate conference on December 2-14 in the
Hywind sets up learning hub
Transmission
The consortium behind the Hywind floating wind project says it hopes a high-tech classroom investment in northeast Scotland will create
Shell hails huge quarterly profits
Industry
Profits at Royal Dutch Shell rose by more than 50 per cent to US$5.6 billion in the third quarter because
Nuclear fusion researchers hail spinoffs
Industry
European researchers into fusion energy are hailing breakthroughs in magnetic resonance spectroscopy and advances in explosive metal construction that have
Oil price falls as US, Russia and Saudi output soars
Production
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
Bid to relax fracking quake limits rejected
Environment
As most of the rest of Europe has rejected fracking, Britain’s right-wing government has turned down a controversial request from
Spain pushes through green reforms
Transmission
Spain’s Socialist Prime Minister, Pedro Sánchez, is completing pledges to create a shift to renewable energy as the Congress of
500,000 European deaths blamed on air pollution
Environment
Air pollution is annually responsible for more than 500,000 premature deaths in Europe, according to the European Environment Agency (EEA).
China to double Kazakh gas imports
Production
Annual gas exports from Kazakhstan to China are set to double next year, as Beijing prepares for a trade war
Offshore wind could boost economy: report
Environment
A report predicts floating offshore wind developments could add 17,000 jobs and generate £33.6 billion of gross value added to