Other Bitcoin miners have moved to places with
cheap hydro power like Iceland or Manitoba, but Australia can't seem to dig or burn enough coal, and is still investing in new mines.
Price difference makes profitable to export
cheaper hydro power from the Nordic market to Germany, which relies more on coal and gas to generate power.
As we put in
cheaper hydro power we will adjust the tariff to reflect the cheaper power we are getting.»
Not exact matches
Cheap natural gas has been an important source of fuel for the oilsands, but most of Canada already had abundant
hydro - electrical endowments to
power homes and businesses at relatively low cost, so shale hasn't been much of a revolution over here (pdf).
By the way, this means your
hydro bill will go up so Woodfibre LNG can have
cheap power.
Wheeler examined International Energy Agency data for 174 countries on investments in six low - carbon
power sources (
hydro, geothermal, nuclear, biomass, wind and solar) to find the incremental costs of clean
power compared to a
cheaper, carbon - intensive option like a conventional coal - fired
power plant.
It is one of the few
hydro -
power stations in Australia to include pumped
hydro in which water is pumped from the lower Jounama Pondage to the upper Talbingo Reservoir when electricity is plentiful and
cheap, so that it can flow back down through the turbines to generate more electricity at times of higher demand.
The four other mainland states have
cheap (and dirty) coal and the remaining state, Tasmania, has plentiful
hydro -
power.
Many of the states with
cheaper electricity rates than Iowa receive a lot of
cheap power in the country is provided by
hydro plants controlled by federal
power authorities.
For pumped
hydro to be viable it needs
cheap, reliable
power supply in off peak times (every day of the year).
Pumped
hydro is enormously expensive and much more expensive if used for storing energy from intermittent renewable energy supplies as distinct from reliable baseload supplies when
power is
cheap (midnight to 6 am) for release during the day, regularly almost every day of the year.
Australian coal - fired electricity is almost the
cheapest power on the planet — rivalled only by some large
hydro plants.
NOW the very people who opposed the building of a
hydro - electric facility are demanding that we should build such facilities and shut down the
power plants that they previously said were better and
cheaper.
And if those don't rock your world, there's the fact that
hydro power is 80 % underutilized in the USA, and it is far
cheaper than coal or oil.
FACT CHECK: wind
power contributes about 6 % of Ontario's electricity supply, at four times the cost of other
power sources; wind
power is not the «lowest - cost» option — the turbines are
cheap to build but there are many other costs associated with wind
power and its intermittency; wind
power can not replace
hydro and nuclear — the fact is, coal was replaced by nuclear and natural gas, a fossil - fuel - based
power source.
When combined with some of the good ideas from Obama's speech, like greater reliance on clean,
cheap hydro -
power and increased energy development on public lands such a structure would constitute a substantive and authentically conservative alternative that has been lacking in recent years.
According to a panel of development experts, sub-Saharan Africa will need to
power its factories, hospitals, schools, and other foundational infrastructure with
cheap and reliable sources of electricity, and, at least in the near future, that will likely come from
hydro and fossil fuels.
While wind
power is important,
cheap and mature, it requires other sources to balance and firm its
power, for example concentrating solar thermal and
hydro.
I know of no new development of pumped - storage
hydro in Australia aimed specifically at balancing the grid since wind
power has become a major component of our
power supply; apparently using gas - fired
power stations to fill in the gaps when the wind isn't blowing are a
cheaper option in the short - term.
Already known to be attracting Chinese miners diversifying away from their home market with its
cheap hydro -
power electricity and cold climate,...