Onshore And Offshore Wind Energy: What The Difference?

Ohio River Corridor

Onshore And Offshore Wind Energy: What The Difference?

Wind energy has emerged as a crucial component in the global transition to renewable energy sources. While both onshore and offshore wind farms generate electricity from wind power, they differ significantly in their implementation, costs, efficiency, and environmental impact. This article explores the key differences between these two approaches to wind energy generation. Location and

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Top 10 Crypto Asset Management Companies for 2024

The crypto asset management market is experiencing rapid growth, projected to reach $9.36 billion by the end of 2023. This expansion is fueled by increasing adoption of cryptocurrencies and ongoing trends in financial digitization. Digital assets are emerging as lucrative investment opportunities, and the combination of their accessibility and potential profitability, alongside advancements in blockchain

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Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition

Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns.  This post appeared first on Hart Energy.

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Massive Data Center with 3,500 MW Gas-Fired Plant Proposed for Va.

We are super excited to bring you the news that Balico, LLC has proposed building a gigantic, massive data center in Pittsylvania County, Virginia. Sound familiar? We’ll get to the location in a moment. The data center would be powered by its own on-site gas-fired power plant complex, with 15 30-MW Mitsubishi gas turbines. Truly…

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Weather Whacks NYMEX Futures Price – Lost $0.25 Yesterday to $2.31

Yesterday, the NYMEX natural gas futures price for the “front month” (November) contract and the next contract in line to take over after today (the December contract) both dropped like a rock. The November contract (called the prompt month) dropped 25.1 cents to close at $2.309/MMBtu. The December contract, which becomes the prompt month tomorrow,…

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PA DEP Still Hasn’t Cleared 33% of Permit Backlog (640 Permits)

Permitting in Pennsylvania overseen by the Dept. of Environmental Protection (DEP) has been a hot mess for years. A Chapter 102 Erosion and Sedimentation permit sometimes takes two, three, or even six months for approval — instead of the law-mandated 14 days. It got so bad that in the fall of 2019, PA State Sen….

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U.S. and M-U Ethane Production Reached Record High in 1H24

U.S. ethane production increased steadily over the last decade and reached a record of 3.0 million barrels per day (b/d) in May 2024. Ethane production in the first half of 2024 (1H24) averaged a record 2.8 million b/d, according to data from the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly. Ethane production in the…

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5 Dem Governors (Including Shapiro) Blame PJM for THEIR Policies

Ever notice how politicians like to blame others when their own policies create havoc and chaos? When you block new gas-fired power plants that provide more electricity for growing demand and pretend unreliable renewables will step in to save the day, there are negative consequences, like the price of electricity soaring through the roof (see…

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What is Bitcoin Mining and How Does it Work?

Bitcoin mining is a crucial process that underpins the entire Bitcoin network, ensuring its security, integrity, and function as a decentralized digital currency. As the backbone of the blockchain, mining serves to validate transactions, create new bitcoins, and secure the network against fraudulent activities. This article delves into the intricacies of Bitcoin mining, exploring its

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