Icelandic wind exports, Bitcoin’s energy crossroads + MORE
💥Energy Flux💥| Wednesday 26th May 2021
An Anglo-American joint venture has thrown down the gauntlet to the UK’s world-leading offshore wind industry. Hecate Independent Power plans to build hundreds of turbines in Icelandic waters and export North Atlantic wind power to the UK via ultra-long-distance subsea cables. Can the industry rise to the challenge?
And, bitcoin miners are fleeing a regulatory crackdown in China. Will they seek cleaner power sources in the US and Canada, or end up burning Iranian gas to help Tehran evade US sanctions?
Those are the lead stories in today’s edition of Energy Flux, which looks like this:
⚡Transition lines – Decarbonisation stories you need to read
🧠Energised minds – Critical thinking on crucial energy issues
Ambitious Icelandic wind project aims to export power to UK grid
The UK could start importing vast volumes of offshore wind power from Icelan…