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 this year.

According to what was announced by the second energy producer in Germany, the portfolio of green generation projects contains “offshore and onshore wind energy, solar energy, batteries and hydrogen economy”.

The chairman of the board of directors, Markus Krebber, highlighted that during the first half of the year “20 percent more electricity was generated from renewable energies than in the same period of the previous year”.

According to Krebber the “expansion of our green portfolio, which is 30 percent more than originally planned. All of this is urgently needed to make the energy supply more independent and climate-neutral.”

RWE includes as its main business the generation of electricity from alternative sources and natural gas, and is also responsible, together with its subsidiaries, for distributing electricity, gas and water to Europe and North America.

Increased benefits

Krebber also reported that during the first half of the year the company obtained a net profit of “2,083 million euros”, which is equivalent to 45.5 percent more than in the same period of 2021.

Until the month of June, the company registered a total income of “16,188 million euros, 91.6 percent more, while the adjusted gross operating result (Ebitda) increased by 63.2 percent, to 2,858 million”.

The chairman of the company’s board of directors stated: our earnings have increased significantly, and the benefits will benefit the energy transition.

M. Rodríguez

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Source: larepublica.ec

La entrada RWE invests 5 billion euros in green energy in 2022 apareció primero en Bitfinance.

The United States government announced that it plans to implement its first specific policy aimed at crypto mining, for which it will take into account the analysis of factors such as the environmental impact and energy regulation of the sector.

The government proposal is expected to be ready by next August and considers criticisms of cryptocurrency, “including claims that it lacks a social benefit.”

The White House will also study other “factors such as noise pollution from mining, along with the comparison of protocols such as proof-of-stake (PoS) and proof-of-work (PoW)”.

Costa Samaras, Senior Assistant to the White House Office of Science and Technology Policy, pointed out that the main motivation for a possible enactment of policies on the crypto ecosystem and crypto mining is a consequence of the growth that cryptocurrencies have been experiencing.

The United States hosts the largest crypto mining operations

The need for a new approach to crypto mining is underpinned by the adoption of cryptocurrencies, especially as the United States hosts one of the largest crypto mining operations globally.

In addition, of the criticism directed at the Environmental Protection Agency (EPA) for its inability to designate the use of energy in the different sectors.

The rise of bitcoin mining in the US is seen as putting great “pressure on the country’s energy system, with existing infrastructure impacted by extreme weather, aging cables, and growing adoption of renewable energy.”

For his part, Samaras considers that if digital currencies will form part of the financial system, “it is essential that it be developed responsibly and that emissions that are harmful to the environment are minimized.”

M. Rodríguez

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Source: cripto247.com

La entrada The US will analyze the environmental impact of crypto mining apareció primero en Bitfinance.