Articles for tag: artificial intelligence, Coal, Data Centers, Electricity, energy demand, nuclear energy, Wyoming

Market News

AI

Wyoming faces a dramatic surge in electricity demand from AI firms, sparking legislative debates about energy future and infrastructure.

The rise of artificial intelligence is demanding more electricity, creating both challenges and opportunities for Wyoming, known for its energy resources. During a legislative discussion in Cheyenne, lawmakers debated how the state can adapt to this growing need, which could affect coal-fired plants, nuclear energy, and wind power development. With data centers proliferating, the power ...

Market News

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.

In August 2024, the production growth of eight key infrastructure sectors in India saw a decline of 1.8 percent. This downturn was primarily due to lower outputs in coal, crude oil, natural gas, refinery products, cement, and electricity. This is a significant shift from the growth rate of 6.1 percent recorded in July. Despite the ...

Market News

West Bengal’s WBPDCL achieves coal self-sufficiency, aiming for 20 million tonnes production, overcoming infrastructure challenges and environmental hurdles.

West Bengal’s WBPDCL achieves coal self-sufficiency, aiming for 20 million tonnes production, overcoming infrastructure challenges and environmental hurdles.

The West Bengal Power Development Corporation (WBPDCL) has achieved coal self-sufficiency for its thermal plants, reducing reliance on Coal India Ltd. As of August 2024, WBPDCL has dispatched 9.1 million tonnes from its own mines and aims to produce 20 million tonnes this fiscal year. A significant portion of this output comes from the Pachwara ...

Market News

Coal India plans a massive investment in coal power, clinging to fossil fuels as India’s energy demand surges, sparking environmental concerns.

Coal India plans a massive investment in coal power, clinging to fossil fuels as India’s energy demand surges, sparking environmental concerns.

Coal India Ltd. is set to invest approximately 670 billion rupees (around $8 billion) to build coal-fired power plants near its mines, emphasizing the country’s ongoing reliance on coal for electricity. With approval for 4.7 gigawatts of new power generation in Odisha and discussions for an additional 2 gigawatts, the move highlights India’s forecasted surge ...

Market News

Coal Miner Gets Creative, Boosts Earnings 5% by Mining Bitcoin with Leftover Energy – Click to Discover How!

Exciting news for investors as Alliance Resource stocks surged by 5% following the coal miner’s announcement that it has ventured into mining Bitcoin using its surplus electricity. This innovative move not only highlights Alliance Resource’s adaptability but also its commitment to maximizing asset utilization. As the company embraces the digital currency trend, this development sparks ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto