APS seeks renewable power from distributed systems
The utility's goal is to increase the quantity and lower the cost of distributed energy in its service territory. The power will help APS meet its growing demand for energy and assist in satisfying the distributed provision of the Arizona Corporation Commission's Renewable Energy Standard (RES).
The RES requires that by 2025, 15% of the energy APS provides to customers must come from renewable energy sources. The distributed provision states that 30% of the renewable energy must come from distributed sources.
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LONDON - "Mining" for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions.
Cambridge researchers say it consumes around 121.36 terawatt-hours (TWh) a year - and is unlikely to fall unless the value of the currency slumps.
Critics say electric-car firm Tesla's decision to invest heavily in Bitcoin undermines its environmental image.
The currency's value hit a record $48,000 (£34,820) this week. following Tesla's announcement that it had bought about $1.5bn bitcoin and planned to accept it as payment in future.
But the rising price offers even more incentive to Bitcoin miners to run more and more machines.
And as the price increases,…