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U S Utility Mines Bitcoin To Balance Electricity Supply - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
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Coal to cryptocurrency: An answer to grid volatility?
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Here are some selected news articles from the week ended 17 July 2021. Part 2 is available here.
This is a feature at
Global Economic Intersection every Monday evening or Tuesday morning.
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Natural gas rigs at 15 mo high as prices hit 30 mo high; global oil shortage at 830,000 bpd; DUC backlog at 7.6 months
Natural gas prices ended the week unchanged as strong export demand offset cooler weather and a bearish storage report..after slipping 0.7% to $3.674 per mmBTU last week as weather forecasts moderated over the major gas consuming regions, the contract price of natural gas for August delivery jumped 7.5 cents, or more than 2%,
Governors Wind Energy Coalition
Natural gas companies were paid to turn off power during Texas winter storm: report Source: By Haley Samsel, Forth Worth Star-Telegram • Posted: Sunday, July 18, 2021
The February winter storm that nearly brought the Texas electricity grid to its knees likely stressed the state’s natural gas infrastructure “more than any time in history,” according to the authors of a new UT Austin report analyzing the power outages and their financial implications.
The report includes previously undisclosed data about how the Electric Reliability Council of Texas, the grid’s manager, responded to the unfolding crisis, which led to widespread outages and hundreds of deaths statewide. The report was released just before ERCOT announced its own “roadmap” of 60 proposals to improve the grid.
SC counties and cities told to carefully review user fees
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