Tag: Energy

  • Markel expands renewable energy team

    Markel expands renewable energy team

    Markel International, a subsidiary of Markel Corporation, has announced the appointments of Matthew Rowland and Clifford Blayney as senior underwriters in its renewable energy team, where they will specialize in offshore wind. The appointments are the latest in the build-out of the energy team. Rowland and Blayney will be based in Markel’s London […]

  • Energy-hungry data centers are quietly moving into cities

    Energy-hungry data centers are quietly moving into cities

    When you think of data centers, you probably picture a giant server farm in a rural area where electricity is cheap and tax breaks are plentiful. Big tech companies like Google, Amazon Web Services, Microsoft, and Meta have placed millions of square feet worth of server space in places like Northern Virginia or Hillsboro, Oregon. […]

  • How Bitcoin mining devastated this New York town

    How Bitcoin mining devastated this New York town

    Economist Matteo Benetton, a coauthor of the paper and a professor at the Hass School of Business at the University of California, Berkeley, says that crypto mining can depress local economies. In places with fixed electricity supplies, operations suck up grid capacity, potentially leading to supply shortages, rationing, and blackouts. Even in places with ample […]

  • What it will take to unleash the potential of geothermal power

    What it will take to unleash the potential of geothermal power

    “Geothermal is really ready for prime time,” says Tim Latimer, founder and CEO of the EGS startup Fervo. Geothermal’s appeal is all about consistency: while the electricity output of wind and solar plants varies with the weather and time of day, geothermal power is always on, providing a stable source of electricity. “It’s really the […]

  • As coal stocks shrink, India faces growing energy shortage crisis | Business and Economy News

    As coal stocks shrink, India faces growing energy shortage crisis | Business and Economy News

    India is grappling with an escalating crisis as stockpiles of coal, the fuel used to generate about 70% of the nation’s electricity, dwindle to the lowest in years just as power demand is set to surge. Coal-fired power stations have an average of four days’ worth of stock of the fuel, according to the latest […]