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(Kitco News) - The European Commission has released an action plan for digitalizing the EU's energy system as laid out in the European Green Deal and the REPowerEU Plan. The action plan aims to "help improve the efficient use of energy resources, facilitate the integration of renewables into the grid, and save costs for EU consumers and energy companies."
Included in the plan are recommendations surrounding cryptocurrency mining, with the Commission suggesting that crypto mining activities should be haled in instances where "there is a need for load shedding in the electricity systems."
The REPowerEU Plan was unveiled in May following the Russian invasion of Ukraine. It was designed to help "rapidly reduce [the EU's] dependence on Russian fossil fuel by fast-forwarding the clean transition and joining...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...