S. Korea spending $42 billion on power plants
Total power consumption is forecast to grow 1.9 percent each year on average until 2024, the Ministry of Knowledge Economy said in a statement.
The world's fifth-largest importer of oil and one of the world's fastest-growing carbon polluters says its dependency on fossil fuels will slow gradually while investment in cleaner energy will rise quickly.
South Korea is expected to generate a third of its electricity from nuclear energy in 2024, compared to 25 percent this year, according to the statement.
"A large gain in the portion of nuclear energy as of power output in 2024 is expected to contribute to a low-carbon, high-efficiency consumption structure," the statement said.
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PITTSBURGH - A few years ago, there was a lot of buzz about the North Country becoming the next Silicon Valley of cryptocurrency. One of the companies to flock here was Coinmint. The cryptomining company set up shop in Plattsburgh in 2017 and declared its intentions to be a good citizen.
Today, Coinmint is fighting a legal battle to avoid paying the city’s electric utility more than $1 million owed for a security deposit. In addition to that dispute, a local property manager says the firm was evicted from one of its Plattsburgh locations.
Companies like Coinmint chose to come to the…
