wells – Thinking Port

Well-Constructed Solution: Geothermal to Power Bitcoin Mining

February 27, 2022 admin bitcoin, ceraphi, cryptocurrency, distributed energy, Distributed Generation, geothermal, grant thornton, green energy, news, oil and gas, renewabit, renewable energy, Renewables, wells

Credit to Author: Darrell Proctor| Date: Sun, 27 Feb 2022 15:20:48 +0000

The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]

The post Well-Constructed Solution: Geothermal to Power Bitcoin Mining appeared first on POWER Magazine.

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Solar Developer Has Plan to Turn Oil Wells Into Energy Storage

February 24, 2022 admin csp, distributed energy, hybrid power, hyperlight energy, natural gas, news, o&g, Oil, Solar, wells

Credit to Author: Darrell Proctor| Date: Thu, 24 Feb 2022 14:59:04 +0000

A California developer of concentrated solar power (CSP) systems has announced an innovation that it says combines the company’s technologies to turn existing oil wells into energy storage sites that can provide clean energy. Hyperlight Energy on Feb. 24 said it was launching Tectonic Sun, an electricity generation technology that when paired with the company’s […]

The post Solar Developer Has Plan to Turn Oil Wells Into Energy Storage appeared first on POWER Magazine.