Filed under energy demand

Solving the energy consumption and scaling problems will be crucial if Bitcoin, or any other cryptocurrency, is ever to fulfil its dream of replacing existing payment method

Solving the energy consumption and scaling problems will be crucial if Bitcoin, or any other cryptocurrency, is ever to fulfil its dream of replacing existing payment method

“The energy consumption required to continue this speculative bubble is tremendous. Maintaining the Bitcoin network currently consumes more electricity than entire nations like Switzerland …” writes Thomas Hornigold on the singularityhub website about the cryptocurrency Bitcoin. He goes on to discuss the energy issues and the options that are becoming available. He concludes: “We can’t … Continue reading

“Using less energy should be the beginning point, the ending point and occupy every in-between point on the path to sane energy use”

“Using less energy should be the beginning point, the ending point and occupy every in-between point on the path to sane energy use”

Don Fitz writes on the Resilience website about concerns (“myths”) about renewable energy in our low carbon energy transition.  He has one key message – we must reduce our energy demand.   What Is Energy Denial? The fiftieth anniversary of the first Earth Day of 1970 will be in 2020. As environmentalism has gone mainstream … Continue reading

Important new study on world energy demand

Important new study on world energy demand

The quality assurance and risk management company DNV GL has just published its Energy Transition Outlook. Kelvin Ross reviews the report on the Power Engineering International website.   World energy demand to plateau from 2030 says DNV GL report Energy efficiency will improve faster than global economic growth due to the rapid electrification of the … Continue reading