Darlington reactors on hold
DURHAM REGION, ONTARIO - Ontario is indefinitely postponing new nuclear reactors that were to have been built at Darlington, Energy Minister George Smitherman announced.
Smitherman said Atomic Energy of Canada Ltd. delivered the best bid for the contract for reactors that were to have been built for 2018, but said Ontario is concerned about "uncertainty" at the troubled nuclear agency.
He called on the federal government "to clarify the future ownership of AECL" before Ontario will proceed.
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Iceland Cryptocurrency mining uses so much energy, electricity may run out
ICELAND - The value of bitcoin may have stumbled in recent months, but in Iceland it has known only one direction so far: upward. The stunning success of cryptocurrencies around the globe has had a more unexpected repercussion on the island of 340,000 people: It could soon result in an energy shortage in the middle of the Atlantic Ocean.
As Iceland has become one of the world's prime locations for energy-hungry cryptocurrency servers — something analysts describe as a 21st-century gold-rush equivalent — the industry’s electricity demands have skyrocketed, too. For the first time, they now exceed Icelanders’ own private energy consumption, and energy producers fear that they won’t…
