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A single Bitcoin transaction requires an average of 1,173 Kilowatt Hours (kWh), enough to power a typical UK home for mo...
05/01/2022

A single Bitcoin transaction requires an average of 1,173 Kilowatt Hours (kWh), enough to power a typical UK home for more than three months.

Bitcoin seems to be the most power demanding crypto, with an average of 1,1173 Kilowatt Hours (kWh) for a single transaction, according to data from MoneySuperMarket.com.

Judging by the number of transactions that have taken place in the last 12 months, it is estimated that Bitcoin transactions have consumed 123 Terawatt Hours (TWh) or 123 billion kWh of energy.

That's more energy consumed than 185 countries and is comparable to the annual energy consumption of Norway.

The cost of this carbon footprint is also in the billions, with Bitcoin’s annual energy bill clocking in a whopping $11.03 billion — roughly the same as the GDP of the Bahamas.

Source: Metro 2022

Around the world storms, floods and wildfires are intensifying. Air pollution sadly affects the health of tens of millio...
28/12/2021

Around the world storms, floods and wildfires are intensifying. Air pollution sadly affects the health of tens of millions of people and unpredictable weather causes untold damage to homes and livelihoods too.

But while the impacts of climate change are devastating, advances in tackling it are leading to cleaner air, creating good jobs, restoring nature and at the But while the impacts of climate change are devastating, advances in tackling it are leading to cleaner air, creating good jobs, restoring nature and at the same time unleashing economic growth.

Despite the opportunities we are not acting fast enough. To grip this crisis, countries need to join forces urgently.

After 13 days of intense negotiations, COP26 concluded on Saturday 13th November 2021 with every Party at COP26 – representing almost 200 countries – agreeing the Glasgow Climate Pact.

This global agreement will accelerate action on climate this decade, and finally completes the Paris Rulebook. A record-breaking number of delegates gathered in Glasgow for this critical COP. Powerful progress has been made since the UK was designated the incoming Presidency.

The aim of the UK COP26 Presidency was to keep alive the hope of limiting the rise in global temperature to 1.5C, and the Glasgow Climate Pact does just that. Combined with increased ambition and action from countries, 1.5C remains in sight, but it will only be achieved if every country delivers on what they have pledged.

Source: ukcop26 (2021)

Did you know, like so many things electrical, the history of electric Christmas lights begins with Thomas Edison. During...
24/12/2021

Did you know, like so many things electrical, the history of electric Christmas lights begins with Thomas Edison. During the Christmas season of 1880, Edison, who had invented the incandescent bulb the previous year, hung strings of electric lamps outside his laboratory in Menlo Park, New Jersey.

An article in the New York Times on December 21, 1880, described a visit by officials from the New York City government to Edison's laboratory in Menlo Park. The walk from the train station to Edison's building was lined up with electric lamps, which were illuminated with 290 light bulbs "which cast a soft and mellow light on all sides."

Source: ThoughtCo. (2018)

With Thailand's geographical advantage, there is an abundance of sunlight supply. However, due to the existing market, t...
20/12/2021

With Thailand's geographical advantage, there is an abundance of sunlight supply. However, due to the existing market, there is a lack of infrastructure and incentives for customers to switch to and harvest the abundance solar energy everyday.

There are four key concerns,
1. Fragmented and non-standardized solar market
2. High upfront costs
3. Complicated process
4. Lack of transparency
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1. Fragmented and non-standardized solar market

Despite the large number of brands available, existing market still offers limited options. In which, causes a fragmented and non-standardized solar market in Thailand.
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2. High upfront costs

For homeowners, cost is a big factor when selecting the right solar rooftop system, high upfront down payment is a major concern and also a barrier to entry to cost conscious consumers.
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3. Complicated process

With a long list of "to do", "can do" and/or "not to do" across the journey of solar rooftop installation and maintenance, consumers can be pushed away due to the complexity of the process.
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4. Lack of transparency

Lack of clarity in cost breakdown has resulted in lower consumer confidence, especially when considering to opt for solar rooftop.

Apart from the large amount of required investment, the limited number of reputable solar rooftop providers has also resulted in low adoption of residential solar rooftop.

Historically, the over supply of installed capacity has led to spikes in base tariff – driven by the obligation to recov...
17/12/2021

Historically, the over supply of installed capacity has led to spikes in base tariff – driven by the obligation to recover investment costs.

New base tariff is due to be announced soon, without government intervention, the price is expected to increase.

การเข้าใจความหมายและความสำคัญของ "Green Premiums" เป็นสิ่งที่สำคัญต่อการแก้ไขปัญหาปรากฏการณ์โลกร้อน หรือ "Climate Change...
16/12/2021

การเข้าใจความหมายและความสำคัญของ "Green Premiums" เป็นสิ่งที่สำคัญต่อการแก้ไขปัญหาปรากฏการณ์โลกร้อน หรือ "Climate Change" ศัพท์ที่คนชอบใช้ คล้ายเป็นฝาชีครอบทุกอย่างที่เกี่ยวกับการเปลี่ยนแปลงของภูมิอากาศทั่วโลก โดยเฉพาะสำหรับประเทศรายได้น้อยที่มีความต้องการพลังงานสูง และมีอัตราเติบโตสูงขึ้นอย่างมีนัยสำคัญ -
ในอนาคต การลด Green Premiums จะสามารถช่วยให้ประเทศเหล่าเข้าถึงพลังงานได้ในราคาที่ถูกลงและง่ายขึ้น - ราคาถูกกว่าพลังงานฟอสซิล - รวมถึงช่วยลดมลภาวะต่อโลกในระยะยาว
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"The difference in cost between a product that involves emitting carbon and an alternative that doesn't" Bill Gates (2020) - understanding "Green Premium" is key to make progress on climate change because it helps us to measure our progress toward eliminating carbon emissions. The bigger a Green Premium is - especially for lower-income countries, the further we are from a zero-carbon future.

Source: GatesNotes (2020) https://www.gatesnotes.com/Energy/Introducing-the-Green-Premiums

พลังงานไฟฟ้าของหลอดไฟเพียง 10% ถูกใช้ไปเพื่อสร้างแสงสว่าง พลังงานส่วนที่เหลือเป็นพลังงานสิ้นเปลือง ใช้เพื่อสร้างความร้อน...
14/12/2021

พลังงานไฟฟ้าของหลอดไฟเพียง 10% ถูกใช้ไปเพื่อสร้างแสงสว่าง พลังงานส่วนที่เหลือเป็นพลังงานสิ้นเปลือง ใช้เพื่อสร้างความร้อนเป็นต้น วันนี้ก่อนนอน อย่าลืมปิดไฟที่ไม่ใช้เพื่อประหยัดพลังงาน
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Did you know that only 10% of the bulb's electricity is used to generate light, the rest is wasted energy e.g. heat energy. Tonight, before going to bed, please do not forget to turn off the light when not in use.

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