Electricity

Photo: Solect Energy Renters can’t access rooftop solar benefits because they don’t own their roofs – but this workaround will reduce your electricity bill. Electrek spoke with Bruce Stewart, CEO of Perch Energy, one of the US’s largest pure-play community solar providers that’s connected over 23,000 subscriptions, about how renters can tap into solar. And community solar’s potential is vast – the US could add nearly 1 terawatt of community solar capacity if all technically viable community…

Our planet is changing. So is our journalism. This weekly newsletter is part of a CBC News initiative entitled "Our Changing Planet" to show and explain the effects of climate change. Keep up with the latest news on our Climate and Environment page.Sign up here to get this newsletter in your inbox every Thursday.This week: From fashion to burials: How fungi can help fight climate change 2024 has barely started and is already threatening to set temperature records World's globetrotting animals at risk due to habitat…

The Reserve Bank of India has issued a list of frequently asked questions (FAQs) to allay customers' fears after it restricted operations of Paytm Payments Bank (PPBL) citing compliance issues.The regulator also extended the deadline for customers to make deposits and credit transactions in the bank till March 15. In a detailed document, the RBI elaborated on what this move means for customers using Paytm Payments Bank for receiving salaries, paying EMIs and more.Elevate Your Tech Prowess with High-Value Skill…

The Abuja Electricity Distribution Company (AEDC) has attributed the unstable power supply experienced in Abuja to insufficient power allocation. The management of AEDC made this known in a statement posted via its official X handle on Friday. “Dear valued customers, We would like to inform you that we are aware of the unstable power supply experienced in recent times essentially caused by insufficient power allocation to us. “This has constrained us to implement load curtailment directives across our franchise…

It’s common knowledge that machine learning consumes a lot of energy. All those AI models powering email summaries, regicidal chatbots, and videos of Homer Simpson singing nu-metal are racking up a hefty server bill measured in megawatts per hour. But no one, it seems — not even the companies behind the tech — can say exactly what the cost is. Estimates do exist, but experts say those figures are partial and contingent, offering only a glimpse of AI’s total energy usage. This is because machine learning models are…

Four years after an overhaul of Colorado’s oil and gas rules that was meant to cool conflicts over drilling, a draft bill that would phase out new permits for wells is running up the temperature. Fanning the heat even more are ballot proposals that could restrict efforts to boost renewable energy. Gov. Jared Polis said he hoped a law approved in 2019 would end the state’s “oil and gas wars” by tightening regulations and putting protection of public health and the environment front and center. But growing concerns about…

The International Monetary Fund (IMF) has said that there is an urgent need for Nigeria to completely phase out costly fuel and electricity subsidies as part of measures to address its economic challenges. These subsidies, deemed inefficient and ineffective in reaching intended beneficiaries, were identified as worsening the nation’s fiscal challenges and hindering efforts to address poverty and food insecurity. In its report titled ‘IMF Executive Board Concludes Post Financing Assessment with Nigeria,’ the IMF…

A volcano in southwestern Iceland erupted on Thursday for the third time since December, sending jets of lava into the sky and triggering the evacuation of the Blue Lagoon spa, one of the island country's biggest tourist attractions.The eruption began at about 1 a.m. ET along a three-kilometre fissure northeast of Mount Sýlingarfell, the Icelandic Meteorological Office said. Several communities on the Reykjanes Peninsula were cut off from heat and hot water after a river of lava engulfed a supply pipeline.The strength of…

Credit: Unsplash/CC0 Public Domain Most people keep their electricity supplier, even though it's fast and easy to switch to a cheaper competitor. Now an economist has unraveled what's holding people back—and what could ensure cheaper electricity contracts for Danes. A healthy market depends on attentive and active consumers. However, when it comes to…

Omar Marques | Lightrocket | Getty ImagesGoldman Sachs abandoned an ill-fated push into consumer banking in late 2022, but an investment in a Texas energy retailer means its reach into American homes is about to grow.Rhythm Energy, a Houston-based electricity provider overseen and owned by a Goldman Sachs private equity fund, has won approval from federal authorities to expand from its home market into the more than dozen states where deregulated power firms operate, CNBC has learned.That covers energy networks, mostly in…