Electricity generation in Germany registered a change in the first half of the year, with a greater share of coal and renewable resources and a decline in gas, the Federal Statistical Office reported today.
Nearly a third of the electricity generated in the first half came from coal-fired power…
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Energy
Hamburg seeks alliances for green hydrogen in South America
The mayor of the city-state of Hamburg, Peter Tschentscher, signed memorandums to strengthen cooperation with the Chilean Ministry of Energy, the port of Montevideo and the city of Buenos Aires. Specifically, it is about establishing…
Bitmain donates $1 million to research bitcoin mining
The world's leading company in the manufacture of Bitcoin and cryptocurrency mining equipment, Bitmain, donated 1 million dollars to the Hong Kong Polytechnic University with the purpose of financing the execution of projects that allow…
RWE invests 5 billion euros in green energy in 2022
RWE, the German company in the energy sector, will invest during 2022 more than 5,000 million euros, equivalent to 5,100 million dollars, to increase its green energy projects, which represents 30 percent more than initially planned for…
Spain energy-saving measures come into force
The measures that Spain has taken with the aim of saving energy came into force this Wednesday in cultural centers, shops, airports and other public places.
The decree, approved last week, establishes "moderate air conditioning" as the…
European Commission forecasts increase of inflation in Spain to 8.1 %
The European Commission made new forecasts for inflation growth in Spain for this 2022, raising the forecast to 8.1 % compared to the 6.3 % estimated last May and maintaining 4 % for the growth of the Spanish economy at closing of the year.…
Caribbean leaders agree to resume the PetroCaribe program
The Prime Minister of Saint Vincent and the Grenadines, Ralph Gonsalves, reported that different Caribbean leaders agreed to restore the PetroCaribe program, with the purpose of importing crude oil from Venezuela.
This new plan for…
Scientists design a stablecoin backed by electricity
Scientists Maxwell Murialdo and Jonathan L. Belof, from the Lawrence Livermore National Laboratory in California, confirmed the design of a stablecoin that they have called Electricity Stablecoin (E-Stablecoin) and that would transmit…
They propose to suspend cryptocurrency mining in New York
New York lawmakers are preparing to amend the state's Environmental Conservation Law and are proposing to suspend cryptocurrency mining operations that use the proof-of-work (PoW) authentication protocol to validate business activities of…
Energy prices impact European inflation
Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent.
The…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
Cryptocurrency prices drop 4 % in a volatile market
The most popular digital currencies in the global market, such as Bitcoin and Ethereum, registered a drop in their prices of around 4 %, within the framework of a fairly volatile market environment exacerbated by the war between Russia and…