“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 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
Tag: energy demand
“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 “Using less energy should be the beginning point, the ending point and occupy every in-between point on the path to sane energy use”
Addressing our energy demand is fundamental for our low carbon energy transition
There is much to do to reach net zero emissions. One crucial area that must be addressed is our energy consumption. Tim Foxon explains in an article on the Sustainability Times website. To have net zero emissions we must lower our energy needs Reaching net zero carbon emissions will require a new energy-industrial revolution, … Continue reading Addressing our energy demand is fundamental for our low carbon energy transition
Linking energy demand projects and the correct policy approach
Government predictions of future energy use have been shown to be less than accurate. But unless new policies are put into place forecasts of growing energy use will prove correct. Andrew Warren, chairman of the British Energy Efficiency Federation, gives his views of the current situation in the June issue of Energy in Industry & … Continue reading Linking energy demand projects and the correct policy approach
New UK Centre for Research on Energy Demand announced
If we are to get on to a sustainable path to achieve our long-term low-carbon energy transition objectives, we have much more work to do on energy demand. It was welcome news to A new research centre, the UK Centre for Research on Energy Demand (UKCRED), to develop and deliver internationally leading research, focusing on … Continue reading New UK Centre for Research on Energy Demand announced
How our changing lifestyles are impacting on our overall electricity consumption
Our increase in the use of various digital devices and other new appliances, Erin Mundahl writes on the InsideSources website to explain why overall electricity bills have not really changed in the US, even though programmes to improve the energy efficiency of major appliances have seen significant gains. With the Growth of Energy Saving … Continue reading How our changing lifestyles are impacting on our overall electricity consumption
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 Important new study on world energy demand
Understanding the dynamics in Britain’s energy consumption
Without really paying attention, many simply expect energy consumption to continue to grow. However, the energy transition truly is underway and it has for quite a while now. In an article for the February 2017 issue of Energy in Buildings and Industry, Andrew Warren, chairman of the British Energy Efficiency Federation, explains his party trick … Continue reading Understanding the dynamics in Britain’s energy consumption
Gas demand in Europe has dropped and it isn’t all good news
In the past decade we have seen a significant decrease in gas demand. Part of it can be due to energy efficiency improvements, but Nick Butler writes in the Financial Times that the absence of a carbon price that keeps coal cheap, together with other factors, are also important. What do you think? Has … Continue reading Gas demand in Europe has dropped and it isn’t all good news
Lowering the forecast for electricity because of the expected impact of energy efficiency
India’s power ministry has revised its forecast for demand thanks to new energy efficiency targets and power-saving devices. Gireesh Chandra Prasad gives a good account of this on the LiveMint website from India. Interestingly, it reminds EiD of the recent post by Andrew Warren where he criticised the UK government of repeatedly failing to understand … Continue reading Lowering the forecast for electricity because of the expected impact of energy efficiency
Energy in Demand - Sustainable Energy - Rod Janssen 