Ely power plant moves closer to construction
But the prospects for the Ely, Nev. plant remain uncertain because of environmental issues.
The Bureau of Land Management released the final environmental study for the coal-fired, 1,590-megawatt White Pine Energy Station.
The BLM is expected to grant LS Power of East Brunswick, N.J., right of way for the power project after 30 days.
Environmental groups oppose the project because coal-fired power plants throw off large quantities of carbon dioxide, which scientists say leads to global warming.
LS Power argues that the plant would provide a low-cost source of electricity.
LS Power has yet to secure a final air permit from the Nevada Division of Environmental Protection
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Electricity deal clinches $100M bitcoin mining operation in Medicine Hat
TORONTO - The City of Medicine Hat has agreed to supply electricity and lease land to a Toronto-based cryptocurrency mining company in a deal that will see $100 million in construction spending in the southern Alberta city.
The city will provide electric energy capacity of about 42 megawatts to Hut 8 Mining Corp., which will construct bitcoin mining facilities near the city's new Unit 16 power plant.
The operation is expected to be running by September and will triple the company's operating power to 60.7 megawatts, Hut 8 said.
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"The signing of the electricity supply agreement and the land lease represents a key component…
