NOCs’ painful renewables pivot, Volcano-powered bitcoin + MORE
💥Energy Flux💥Friday 11th June 2021
What can Ghana learn from Denmark’s energy transition? Not a lot, according to a recent webinar exploring the role of national oil companies in renewable energy. Wind and solar returns are slimmer than ever, while supply-side constraints are bolstering the oil recovery – presenting strong incentives for business-as-usual at NOCs around the world.
And, El Salvador is getting all steamed up over bitcoin. The Central American state is bankrolling bitcoin mining using volcanic geothermal power and will soon accept the cryptocurrency as legal tender.
Those are the lead stories in today’s edition of Energy Flux, which looks like this:
💥El Salvador gets hot for bitcoin with volcanic mining
⚡Transition lines – Decarbonisation stories you need to read
🧠Energised minds – Critical thinking on crucial energy issues