Tag: Electricity
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Bitcoin Mining Costs in New Zealand: When Energy Bills Outstrip Profits
High Energy Bills Meet Slumping Bitcoin Prices The cost of producing Bitcoin in New Zealand has become a growing concern for miners, as a combination of elevated electricity prices and a sliding market price squeezes margins. With Bitcoin hovering around US$86,000 (approximately NZ$147,000) in recent data, the economics of running mining hardware in New Zealand…
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Utilities to Address Public as Power Grid Faces Critical Test
Overview: A Province on the Edge of Capacity The province is currently under a “Power Warning,” signaling that its electricity grid is approaching the limits of available output. With the two main utilities preparing to provide an afternoon update, residents are urged to conserve electricity where possible to prevent outages and maintain essential services. What…
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OICCI Flags Reform Gaps as Pakistan Pushes Competitive Power Market
Overview: A Market in Transition The Overseas Investors Chamber of Commerce & Industry (OICCI) has raised critical questions about Pakistan’s bid to overhaul its electricity sector into a more competitive market. While the government highlights reform steps as a path to lower costs and improved reliability, OICCI’s recent submissions reveal deeper concerns among foreign investors…
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Three Hours of Free Power Scheme Could Favor the Well-Off
Policy Idea Sparks Debate Three hours of free power a day is being pitched by some policymakers as a targeted measure to help households cope with rising electricity costs. The proposal envisions a daily window during which energy consumers would receive free electricity, potentially funded by the state or redistributed through market mechanisms. While supporters…
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NamPower tackles mounting arrears as debt heightens strain on Namibia’s power grid
NamPower confronts a growing debt burden Namibia Power Corporation (NamPower) is navigating a troubling rise in unpaid bills, particularly among public sector customers. The utility, which serves as the backbone of Namibia’s electricity supply, says outstanding debts have constrained its ability to manage cash flow, invest in maintenance, and plan for future capacity. The company’s…
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I Had No Electricity for Six Months: How American Families Are Coping with Soaring Energy Prices
Rising bills, real consequences Across the United States, families are contending with electricity prices that have climbed faster than wages and traditional inflation. For Kristy Hallowell and countless others, the surge isn’t a distant statistic—it’s a daily disruption that reshapes budgets, routines, and the safety of their homes. When a job loss was followed by…
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ECG Staff Protest Privatisation of Electricity Company Ghana
Overview: ECG Staff Rally Against Privatisation The Electricity Company of Ghana Ltd (ECG) workforce has begun a series of protests in response to the government’s announced plan to privatise the company’s operations. The demonstrations, organized by the Public Utility Workers Union of the Trades Union Congress (PUWU–TUC), aim to spotlight concerns about job security, tariff…
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ECG Privatisation Protests in Ghana: Staff Speak Out
ECG Staff Rally Against Privatisation: What’s at Stake? The staff of the Electricity Company of Ghana Ltd (ECG) have launched protests in response to the government’s plan to privatise the state-owned electricity distributor. Represented by the Public Utility Workers Union of the Trades Union Congress (PUWU–TUC), workers say privatisation could undermine service quality, worker protections,…
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ECG Staff Rally Against Privatisation Plans in Ghana’s Power Sector
Background: Why ECG Staff Are Protesting The Electricity Company of Ghana (ECG) workers have taken their grievances to the streets as the government moves to privatise the state-owned electricity distributor. Organized under the Public Utility Workers Union of the Trades Union Congress (PUWU–TUC), the protests reflect a broader debate about how best to modernise Ghana’s…
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Millions could save hundreds by switching energy plans with one phone call
Intro: A simple path to big savings on electricity New analysis shows that more than 2 million households are paying more than they need to for electricity. The good news is that switching to a cheaper plan could lead to savings of hundreds of dollars each year. In many cases, the change can be made…