Georgia exports power to Russia
TBILISI, GEORGIA - Georgia has started exporting electricity to Russia along its Kavkasioni power line.
About 2.4 million kilowatt/hours are being transmitted from Georgia to Russia per day, according to Georgia's Electricity System Commercial Operator, the Daily News Bulletin reports.
An increase in the water levels at some of Georgia's hydropower plant dam lakes created excess electricity.
Georgia and Russia have an agreement on electricity exchange. Georgia receives electricity in fall and winter, and returns the supplies in spring and summer.
"As of now, Georgia owes about 60 million kilowatt/hours of electricity to Russia. The spring thaw is early this year, so the electric power is being returned from the middle of February," Georgia's Electricity System Commercial Operator said.
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How Bitcoin's vast energy use could burst its bubble
LONDON - The University of Cambridge Centre for Alternative Finance (CCAF) studies the burgeoning business of cryptocurrencies.
It calculates that Bitcoin's total energy consumption is somewhere between 40 and 445 annualised terawatt hours (TWh), with a central estimate of about 130 terawatt hours.
The UK's electricity consumption is a little over 300 TWh a year, while Argentina uses around the same amount of power as the CCAF's best guess for Bitcoin.
And the electricity the Bitcoin miners use overwhelmingly comes from polluting sources.
The CCAF team surveys the people who manage the Bitcoin network around the world on their energy use and found that…
