Crypto News 

State-Run Ukranian Railway in Lviv Gets Caught Mining Bitcoin

“While cryptocurrency mining is not regulated in Ukraine, the industry has been subject to a number of regulatory investigations to date” writes Helen Partz for cointelegraph.com. Previously, police employees in Ukraine were reportedly caught mining cryptocurrency at work.A branch at Ukrainian Railways (Ukrzaliznytsya), was illegally mining crypto using the power grid of the state.The state’s power grid-operating mining farm was reportedly discovered by Ukrzaliznytsia’s security department and local prosecutors. Source: cointelegraph.com

Read More
News 

Azure Power Reports Q2 Loss, Misses Revenue Estimates

“Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately” writes Zacks Equity Research for nasdaq.com. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.Azure Power, which belongs to the Zacks Solar industry, posted revenues of $40.30 million for the quarter ended September 2019, missing the Zacks Consensus Estimate by 7.58%.Ahead of this earnings release, the estimate revisions trend for Azure Power was mixed. Source: nasdaq.com

Read More
News 

Regulators must unleash new nuclear power technology to fight climate change

“Of particular note is the development of small, cheaper, safer nuclear reactors that, once operational, could greatly expand the capacity of the U.S. electricity grid” reports washingtonexaminer.com. Only in the last year or so has the main U.S. nuclear regulator, the Nuclear Regulatory Commission, really started to consider alternative pathways for licensing these advanced reactor designs.Such costs are not only a waste of resources, but also discouraging the use of nuclear power as an energy source.As the nuclear industry starts to move through this transformation from older light-water reactors to…

Read More
News 

California businesses at risk amid fires, power outages

“Now power outages are exacerbating the problems; utilities have turned off power when it believes that weather conditions, including high winds, are ripe for fires to break out and spread” reports thebusinessjournal.com. Smoke, ash and power outages force companies to shut down or cost them business even if owners and employees aren’t forced to evacuate.Companies expecting power outages to be a fact of life going forward are considering how they can keep running when they’re off the grid.(AP) — The California wildfires are taking a toll on small businesses, including…

Read More
News 

Salesforce signs a big new deal with Microsoft’s cloud to power one of its core products

“Microsoft Azure is now the public cloud behind Salesforce’s Marketing Cloud, its cloud software for marketing professionals” writes Paayal Zaveri for businessinsider.com. Its AWS partnership began in 2016 when Salesforce chose AWS as its “preferred public cloud infrastructure provider” for its international expansion plans. Source: businessinsider.com

Read More
News 

Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India

“Australian blockchain energy firm Power Ledger and Indian electricity distribution company BSES Rajdhani Power Limited (BRPL) have completed a peer-to-peer (P2P) solar power trading trial in the country” writes Ana Alexandre for cointelegraph.com. The project enabled residents with rooftop solar infrastructure to sell excess solar energy to neighboring households.In early October, Power Ledger revealed its plans to run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019.In recent months, Power Ledger has conducted other blockchain-based energy trading trials in different countries.The trial will track surplus solar energy…

Read More
News 

California crisis of fires, blackouts decades in the making

“What seemed unthinkable was repeated just a year later, when PG&E power lines started the Camp Fire that destroyed the town of Paradise and killed 85 people” writes The Associated Press for seattletimes.com. PG&E operates some 125,000 miles (200,000 kilometers) of power lines, enough to wrap around the equator five times.Hardening the grid also involves replacing outdated poles and power lines, and insulating, or in dangerous areas, burying lines, which can easily cost millions of dollars per mile.The deadliest were started by power lines.But most experts agree: Even under the…

Read More
News 

California regulators open inquiry into PG&E power outages

“California regulators have unanimously ordered an investigation into a dozen deliberate Pacific Gas & Electric power outages that plunged millions of people into the dark last month” writes The Associated Press for latimes.com. Southern California Edison and San Diego Gas & Electric also shut off power, but to far fewer people.Southern California Edison also initiated five preventive outages but to far fewer customers.Residents in San Francisco suburbs and in Northern California wine country were without power for days. Source: latimes.com

Read More
News 

A big element of US power is missing from Trump’s Syria policy

“Vague and inconsistently applied phrases like “re-establishing deterrence” and “credibility” are used to justify endless war, but the power of US diplomacy is rarely discussed” writes Defense Priorities for businessinsider.com. Instead, we should be asking how the US can facilitate regional and local stakeholders taking the lead toward a responsible, if not perfect, end to the Syrian civil war.It’s also in our national interest, as it avoids another endless war.UN-led Syria peace talks have recently restarted, and the Syrian government met with opposition delegates in Geneva to work on a…

Read More