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Businesses

Sam Altman Seeks Trillions of Dollars To Reshape Business of Chips and AI (wsj.com) 54

Sam Altman was already trying to lead the development of human-level artificial intelligence. Now he has another great ambition: raising trillions of dollars to reshape the global semiconductor industry. From a report: The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world's chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. The project could require raising as much as $5 trillion to $7 trillion, one of the people said.

The fundraising plans, which face significant obstacles, are aimed at solving constraints to OpenAI's growth, including the scarcity of the pricey AI chips required to train large language models behind AI systems such as ChatGPT. Altman has often complained that there aren't enough of these kinds of chips -- known as graphics processing units, or GPUs -- to power OpenAI's quest for artificial general intelligence, which it defines as systems that are broadly smarter than humans. Such a sum of investment would dwarf the current size of the global semiconductor industry. Global sales of chips were $527 billion last year and are expected to rise to $1 trillion annually by 2030. Global sales of semiconductor manufacturing equipment -- the costly machinery needed to run chip factories -- last year were $100 billion, according to an estimate by the industry group SEMI.

Space

SpaceX Launches NASA's PACE Satellite To Study Earth's Oceans, Air and Climate 7

NASA's nearly $1 billion PACE mission launched atop a SpaceX Falcon 9 rocket early this morning, successfully making it to polar orbit -- a first for NASA since 1960. "When it's up and running, PACE will make key observations of Earth's atmosphere and climate and allow scientists to assess the health of our oceans like never before," notes Space.com. From the report: PACE, by the way, is the first U.S. government mission to launch to a polar orbit from Florida since Nov. 30, 1960. On that day, a Thor Able Star rocket took off on such a trajectory but failed, raining debris down on Cuba, some of which apparently killed a cow. Rather than risk further incidents, the U.S. decided to conduct all of its subsequent polar launches from Vandenberg Air Force Base (now Vandenberg Space Force Base) in California -- until now. That said, PACE wasn't the first mission of any type to launch to polar orbit from Florida's Space Coast in six decades: SpaceX had completed 11 such commercial missions before sending PACE on its way.

PACE's handlers will now work to get the 10.5-foot-long (3.2 meters) spacecraft and its various subsystems up to speed. After this checkout period, the satellite can begin its science work. That work will be done by three instruments. One of them, a spectrometer called the Ocean Color Instrument (OCI), will map out the ocean's many hues in great detail and an unprecedented range, from near-infrared wavelengths all way to the ultraviolet. These colors are determined by the interaction of sunlight with particles in seawater, such as the chlorophyll produced by photosynthetic plankton, the base of the marine food web. So OCI will reveal quite a bit about the health and status of ocean ecosystems, according to PACE team members.

"PACE's unprecedented spectral coverage will provide the first-ever global measurements designed to identify phytoplankton community composition," NASA officials wrote in a PACE mission description. "This will significantly improve our ability to understand Earth's changing marine ecosystems, manage natural resources such as fisheries and identify harmful algal blooms." The satellite's other two instruments are polarimeters. They'll measure how the oscillation of light in a plane, known as its polarization, is affected by passage through the ocean, clouds and aerosols (particles suspended in the atmosphere). "Measuring polarization states of UV-to-shortwave light at various angles provides detailed information on the atmosphere and ocean, such as particle size and composition," NASA officials wrote in the mission description.
Businesses

Uber Records First Annual Profit (apnews.com) 33

In a first for Uber since becoming a public company, the ride-hailing service posted its first full-year profit and its stock hit an all-time high Wednesday. "Like its final year as a private company, the last time Uber turned a profit, it got a huge tailwind from investments that helped fuel profits, $1 billion in 2023," reports the Associated Press. "The difference is that Uber has started making money from operations." From the report: Uber and other ride-share companies struggled through the COVID-19 pandemic. The company, whose stock recently joined the S&P 500 index, saw its ride-hailing business stymied as government lockdowns kept millions at home. But Uber has focused on cutting costs and, during the pandemic, building up a then-nascent food-delivery division, which has since become a major revenue driver. Uber's ride-hailing service, meanwhile, has gradually bounced back and the numbers from the fourth quarter suggest both are trending in the right direction.

Delivery revenue grew 6%, and revenue for the ride-share part of the business climbed 34%. Industry analysts also noted growth in the company's membership platform. "Uber One now has roughly 19 million members across 25 countries, wrote William Blair's Ralph Schackart. "Uber One members generate roughly 30% of mobility and delivery gross bookings, up roughly 700 basis points year-over-year." Revenue totaled $9.94 billion, beating Wall Street projections for $9.75 billion. Gross bookings surged 22% from the prior-year period to $37.6 billion. For the year, Uber posted a profit of $1.89 billion, or 87 cents per share, on revenue of $37.28 billion.

United States

US Says Leading AI Companies Join Safety Consortium To Address Risks (reuters.com) 6

The Biden administration on Thursday said leading AI companies are among more than 200 entities joining a new U.S. consortium to support the safe development and deployment of generative AI. From a report: Commerce Secretary Gina Raimondo announced the U.S. AI Safety Institute Consortium (AISIC), which includes OpenAI, Alphabet's Google, Anthropic and Microsoft along with Facebook-parent Meta Platforms, Apple, Amazon, Nvidia, Palantir, Intel, JPMorgan Chase and Bank of America. "The U.S. government has a significant role to play in setting the standards and developing the tools we need to mitigate the risks and harness the immense potential of artificial intelligence," Raimondo said in a statement.
Earth

EPA Tightens Rules On Some Air Pollution For the First Time In Over a Decade 59

The U.S. Environmental Protection Agency (EPA) today unveiled new, stricter limits for PM2.5 (particulate smaller than 2.5 micrometers in diameter), commonly referred to as soot. As NPR notes, these particles are are "one of the deadliest types of air pollution." From the report: The agency lowered the allowable limit for annual PM2.5 levels from 12 micrograms per cubic meter to 9. That's a "significant reduction," says Regan Patterson, an air pollution expert at the University of California, Los Angeles. "The science is clear," says EPA Administrator Michal Regan. "Soot pollution is one of the most dangerous forms of air pollution and is linked to a range of serious and potentially deadly illnesses, including asthma and heart attacks."

The new standard represents the first tightening of the rules since 2012, but states will have several years to reach the new limits. The EPA left the daily limits on PM2.5 pollution unchanged, at 35 micrograms per cubic meter, saying the same efforts that will reduce pollution under the revised annual standard will drive down short-term pollution exposures as well. Decades of research have demonstrated that tiny particles are dangerous to people's health at nearly any concentration. The sources vary: fossil fuel combustion, agriculture, and industrial processes all add to the load, as does wildfire smoke and dust.

In aggregate, the tiny particles drive millions of premature deaths worldwide each year. The EPA estimates that the new, tighter standards will prevent about 4,500 premature deaths a year by 2032 in the U.S. and prevent about 800,000 asthma-related emergency visits. It estimates the lower pollution exposures could reduce healthcare costs by about $46 billion by that time.
Japan

TSMC To Build Second Japan Chip Factory, Raising Investment To $20 Billion (reuters.com) 44

Taiwanese chipmaker TSMC announced plans to build a second chip factory in Japan by the end of 2027, bringing total investment in its Japan venture to more than $20 billion. "Taiwan Semiconductor Manufacturing Co announced plans in 2021 to build a $7 billion chip plant in Kumamoto in southern Japan's Kyushu," notes Reuters. From the report: In a statement, TSMC, the world's largest contract chipmaker, said its majority-owned unit Japan Advanced Semiconductor Manufacturing in Kumamoto would build a second fabrication plant, or fab, in response to rising customer demand. The second fab will begin construction by the end of this year and with both factories the site is expected to have total monthly capacity of more than 100,000 12-inch wafers to be used for automotive, industrial, consumer and high performance computing-related applications, TSMC said. The capacity plan may be further adjusted based upon customer demand, it added.

TSMC's expansion in Kyushu is central to the Japanese government's efforts to rebuild the country's position as a leading chip manufacturing centre and ensure the stable supply of chips amid trade tensions between the United States and China. The decision to build a second fab is a vote of confidence by TSMC in Japan where construction of the first fab has run smoothly and which, Reuters has reported, it sees as a source of diligent workers with a government that is easy to deal with.

The Courts

Judge Rules Against Users Suing Google and Apple Over 'Annoying' Search Results (arstechnica.com) 22

An anonymous reader quotes a report from Ars Technica: While the world awaits closing arguments later this year in the US government's antitrust case over Google's search dominance, a California judge has dismissed a lawsuit from 26 Google users who claimed that Google's default search agreement with Apple violates antitrust law and has ruined everyone's search results. Users had argued (PDF) that Google struck a deal making its search engine the default on Apple's Safari web browser specifically to keep Apple from competing in the general search market. These payments to Apple, users alleged, have "stunted innovation" and "deprived" users of "quality, service, and privacy that they otherwise would have enjoyed but for Google's anticompetitive conduct." They also allege that it created a world where users have fewer choices, enabling Google to prefer its own advertisers, which users said caused an "annoying and damaging distortion" of search results.

In an order (PDF) granting the tech companies' motion to dismiss, US District Judge Rita Lin said that users did not present enough evidence to support claims for relief. Lin dismissed some claims with prejudice but gave leave to amend others, allowing users another chance to keep their case -- now twice-dismissed -- at least partially alive. Under Lin's order, users will not be able to amend claims that Google and Apple executives allegedly sealed the default search deal on the condition that Apple would not create its own general search engine through "private, secret, and clandestine personal meetings." Because plaintiffs showed no evidence pinpointing exactly when Apple allegedly agreed to stay out of the general search market, these meetings, Lin reasoned, could just as easily indicate "rational, legal business behavior," rather than an "illegal conspiracy."

Users attempted to argue that Google and Apple intentionally hid these facts from the public, but Lin wrote that their "conclusory and vague allegations that defendants 'secretly conducted meetings' and 'engaged in conduct to obfuscate internal communications' are plainly insufficient." Sharing bystander photos documenting Google's Sundar Pichai and Apple's Tim Cook meeting at a restaurant with a manila folder tucked under Pichai's elbow did not help users' case. Lin was also not moved by users demonstrating that Google has a history of destroying evidence, because "they put forth no specific factual allegations that defendants did so in this case." However, users will have 30 days to amend currently "inadequately" alleged claims that "Google's exclusive default agreement, under which Apple set Google as the default search engine for its Safari web browser, foreclosed competition in the general search services market in the United States," Lin wrote. If users miss that deadline, the case will be tossed with no opportunities to further amend claims.

EU

EU Proposes Criminalizing AI-Generated Child Sexual Abuse and Deepfakes 101

An anonymous reader quotes a report from TechCrunch: AI-generated imagery and other forms of deepfakes depicting child sexual abuse (CSA) could be criminalized in the European Union under plans to update existing legislation to keep pace with technology developments, the Commission announced today. It's also proposing to create a new criminal offense of livestreaming child sexual abuse. The possession and exchange of "pedophile manuals" would also be criminalized under the plan -- which is part of a wider package of measures the EU says is intended to boost prevention of CSA, including by increasing awareness of online risks and to make it easier for victims to report crimes and obtain support (including granting them a right to financial compensation). The proposal to update the EU's current rules in this area, which date back to 2011, also includes changes around mandatory reporting of offenses.

Back in May 2022, the Commission presented a separate piece of CSA-related draft legislation, aiming to establish a framework that could make it obligatory for digital services to use automated technologies to detect and report existing or new child sexual abuse material (CSAM) circulating on their platforms, and identify and report grooming activity targeting kids. The CSAM-scanning plan has proven to be highly controversial -- and it continues to split lawmakers in the parliament and the Council, as well as kicking up suspicions over the Commission's links with child safety tech lobbyists and raising other awkward questions for the EU's executive, over a legally questionable foray into microtargeted ads to promote the proposal. The Commission's decision to prioritize the targeting of digital messaging platforms to tackle CSA has attracted a lot of criticism that the bloc's lawmakers are focusing in the wrong area for combatting a complex societal problem -- which may have generated some pressure for it to come with follow-on proposals. (Not that the Commission is saying that, of course; it describes today's package as "complementary" to its earlier CSAM-scanning proposal.)
"Fast evolving technologies are creating new possibilities for child sexual abuse online, and raises challenges for law enforcement to investigate this extremely serious and wide spread crime," said Ylva Johansson, commissioner for home affairs, in a statement. "A strong criminal law is essential and today we are taking a key step to ensure that we have effective legal tools to rescue children and bring perpetrators to justice. We are delivering on our commitments made in the EU Strategy for a more effective fight against Child sexual abuse presented in July 2020."

The final shape of the proposals will be determined by the EU's co-legislators in the Parliament and Council. "If/when there's agreement on how to amend the current directive on combating CSA, it would enter into force 20 days after its publication in the Official Journal of the EU," adds TechCrunch.
Bitcoin

Crypto Mining Company Loses Bid To Force Canadian Utility Company To Provide Power (vancouversun.com) 88

An anonymous reader quotes a report from Vancouver Sun: A cryptocurrency firm has lost a bid to force B.C. Hydro to provide the vast amounts of power needed for its operations, in a court ruling that upholds the provincial government's right to pause power connections for new crypto miners. Conifex Timber Inc., a forestry firm that branched out into cryptocurrency "mining," had gone to the B.C. Supreme Court to have the policy declared invalid. But Justice Michael Tammen ruled Friday that the government's move in December 2022 to pause new connections for cryptocurrency mining for 18 months was reasonable and not unduly discriminatory.

B.C. Hydro CEO Christopher O'Riley had told the court in an affidavit that the data centers proposed by Conifex would have consumed 2.5 million megawatt-hours of electricity a year. That's enough to power and heat more than 570,000 apartments, according to data on the power provider's website. Energy Minister Josie Osborne said when the policy was introduced that cryptocurrency mining consumes "massive amounts of electricity" by running banks of high-powered computers around the clock, but adds "very few jobs" to the local economy. In a statement released Monday, the company said it's "disappointed" with the court's ruling and is considering an appeal.
"Conifex continues to believe that the provincial government is missing out on several opportunities available to it to improve energy affordability, accelerate technological innovation, strengthen the reliability and resiliency of the power distribution grid in British Columbia, and achieve more inclusive economic growth," said Conifex in a statement.
United Kingdom

UK, France Pitch Rules To Curb Spyware Abuse (politico.eu) 10

The United Kingdom, France and allied countries on Tuesday called for international guidelines for the responsible use of spyware, in an effort to stop the hacking tools from running rampant. From a report: At a conference at London's Lancaster House co-hosted by the British and French government, more than a dozen countries and technology companies signed a declaration saying that "uncontrolled dissemination" of cyber intrusive tools could lead to "unintentional escalation in cyberspace."

A 2021 investigation called the Pegasus Project highlighted how spyware tools like the Israeli-made Pegasus software had spread across the world and are being abused in political and corporate hacking campaigns. Despite widespread condemnation, governments' efforts to crack down on malicious hacking software have largely failed -- in part because the tools are popular with many intelligence and security services, including in democratic countries.

Among the countries that have signed up to the pledge for international rules guidelines EU members Belgium, the Czech Republic, France, Greece, Italy and Poland, as well as the United States, United Kingdom and the African Union. On the industry side, Apple, defense firm BAE Systems, Google, Meta and Microsoft signed up. The group of countries and firms hopes to curb the proliferation and unabated use of intrusive cybertools. They called for principles and policy options to balance human rights and security interests, including policies to use spyware in a âoelegal and responsible manner," in line with international law and under strict oversight by authorities.

Iphone

Government Hackers Targeted iPhones Owners With Zero-Days, Google Says (techcrunch.com) 11

Government hackers last year exploited three unknown vulnerabilities in Apple's iPhone operating system to target victims with spyware developed by a European startup, according to Google. TechCrunch: On Tuesday, Google's Threat Analysis Group, the company's team that investigates nation-backed hacking, published a report analyzing several government campaigns conducted with hacking tools developed by several spyware and exploit sellers, including Barcelona-based startup Variston. In one of the campaigns, according to Google, government hackers took advantage of three iPhone "zero-days," which are vulnerabilities not known to Apple at the time they were exploited. In this case, the hacking tools were developed by Variston, a surveillance and hacking technology startup whose malware has already been analyzed twice by Google in 2022 and 2023.

Google said it discovered the unknown Variston customer using these zero-days in March 2023 to target iPhones in Indonesia. The hackers delivered an SMS text message containing a malicious link that infected the target's phone with spyware, and then redirected the victim to a news article by the Indonesian newspaper Pikiran Rakyat. Google did not say who was Variston's government customer in this case.

United States

Will Silicon Valley's Next House Member Rewrite a Key Internet Law? (sfchronicle.com) 133

An anonymous Slashdot reader shared this report from the San Francisco Chronicle's senior political writer: The next House member representing Silicon Valley wants to change a key piece of federal law that shields internet companies like X, Facebook and Snapchat from lawsuits over content their users post. That protection is considered the lifeblood of social media.

The top eight Democratic candidates vying to succeed Democratic Rep. Anna Eshoo in her very blue district agree that something has to change with Section 230 of the Communications Decency Act, which was created in 1996, back when lawmakers shied away from doing anything that could limit the growth of the industry. Their unanimity is a sign that Eshoo's successor won't be a tool for the hometown industry. At least not on this issue. The challenge is what to do next. Whoever is elected, their actions as the voice of Silicon Valley will carry outsize weight in Congress. They can lead the charge to actually do something to clean up the bile on social media...

The good news is that they will have bipartisan support to address the bile and disinformation online. The bad news is that finding the right solution will still be hard.

Earth

Across America, Clean Energy Plants Are Being Banned Faster Than They're Being Built (usatoday.com) 200

An anonymous reader shared this report from USA Today: A nationwide analysis by USA TODAY shows local governments are banning green energy faster than they're building it.

At least 15% of counties in the U.S. have effectively halted new utility-scale wind, solar, or both, USA TODAY found. These limits come through outright bans, moratoriums, construction impediments and other conditions that make green energy difficult to build... In the past decade, about 180 counties got their first commercial wind-power project. But in the same period, more than twice as many blocked wind development. And while solar power has found more broad acceptance, 2023 was the first year to see almost as many individual counties block new solar projects as the ones adding their first project.

The result: Some of the nation's areas with the best sources of wind and solar power have now been boxed out. Because large-scale solar and wind projects typically are built outside city limits, USA TODAY's analysis focuses on restrictions by the county-level governments that have jurisdiction. In a few cases, such as Connecticut, Tennessee and Vermont, entire states have implemented near-statewide restrictions. While 15% of America's counties might sound like a small portion, the trend has significant consequences, says Jeff Danielson, a former four-term Iowa state senator now with the Clean Grid Alliance. "It's 15% of the most highly productive areas to develop wind and solar," he said. "Our overall goals are going to be difficult to achieve if the answer is 'No' in county after county...."

[T]he number of new wind projects opening annually peaked in the early 2010s, according to inventory data from the U.S. Energy Information Administration, and has slowed since then. Wind power is expected to grow 11% by 2025 from last year's levels. In the past 10 years, 183 counties saw their first wind project come online. However, USA TODAY's analysis found that in the same period, nearly 375 counties have essentially blocked new wind development. That's almost as many as the 508 counties — out of 3,144 total in the U.S. — currently home to an operational wind turbine....

Of the 116 counties implementing bans or impediments to utility-scale solar plants, half did so in 2023 alone. This surge in obstacles is unprecedented since green-energy technology gained broad acceptance...

The article points out that counties sometimes also limit the size of solar farms — making them impractical to build. "Other jurisdictions create shadow bans of sorts. Projects might not technically be banned, but officials simply reject all green energy plans on a case-by-case basis..."

"USA TODAY's findings were supported by research published in late January by the Department of Energy's Lawrence Berkeley National Laboratory. Energy developers reported one third of the wind and solar siting applications they had submitted in the past five years were canceled, while about half were delayed for six months or more. Zoning issues and community opposition were two of the top reasons."

The article also quotes an Ohio farmer who complained that "You live in the country, and you want to be away from all the hustle and bustle. I kind of look at it as if they're sticking a warehouse or a factory here." Last September, his county's commissioners banned all new large-scale wind and solar projects.
Open Source

'Linux Foundation Energy' Partners With US Government on Interoperability of America's EV Charging (substack.com) 21

The non-profit Linux Foundation Energy hopes to develop energy-sector solutions (including standards, specifications, and software) supporting rapid decarbonization by collaborating with industry stakeholders.

And now they're involved in a new partnership with America's Joint Office of Energy — which facilitates collaboration between the federal Department of Energy and its Department of Transportation. The partnership's goal? To "build open-source software tools to support communications between EV charging infrastructure and other systems."

The Buildout reports: The partnership and effort — known as "Project EVerest" — is part of the administration's full-court press to improve the charging experience for EV owners as the industry's nationwide buildout hits full stride. "Project EVerest will be a game changer for reliability and interoperability for EV charging," Gabe Klein, executive director of the administration's Joint Office of Energy and Transportation, said yesterday in a post on social media....

Administration officials said that a key driver of the move to institute broad standards for software is to move beyond an era of unreliable and disparate EV charging services throughout the U.S. Dr. K. Shankari, a principal software architect at the Joint Office of Energy and Transportation, said that local and state governments now working to build out EV charging infrastructure could include a requirement that bidding contractors adhere to Project EVerest standards. That, in turn, could have a profound impact on providers of EV charging stations and services by requiring them to adapt to open source standards or lose the opportunity to bid on public projects. Charging availability and reliability are consistently mentioned as key turnoffs for potential EV buyers who want the infrastructure to be ready, easy, and consistent to use before making the move away from gas cars.

Specifically, the new project will aim to create what's known as an open source reference implementation for EV charging infrastructure — a set of standards that will be open to developers who are building applications and back-end software... And, because the software will be available for any company, organization, or developer to use, it will allow the creation of new EV infrastructure software at all levels without software writers having to start from scratch. "LF Energy exists to build the shared technology investment that the entire industry can build on top of," said Alex Thompson of LF Energy during the web conference. "You don't want to be re-inventing the wheel."

The tools will help communication between charging stations (and adjacent chargers), as well as vehicles and batteries, user interfaces and mobile devices, and even backend payment systems or power grids. An announcement from the Joint Office of Energy and Transportation says this software stack "will reduce instances of incompatibility resulting from proprietary systems, ultimately making charging more reliable for EV drivers." "The Joint Office is paving the way for innovation by partnering with an open-source foundation to address the needs of industry and consumers with technical tools that support reliable, safe and interoperable EV charging," said Sarah Hipel, Standards and Reliability Program Manager at the Joint Office.... With this collaborative development model, EVerest will speed up the adoption of EVs and decarbonization of transportation in the United States by accelerating charger development and deployment, increase customizability, and ensure high levels of security for the nation's growing network.
Linux Foundation Energy adds that reliable charging "is key to ensuring that anyone can confidently choose to ride or drive electric," predicting it will increase customizability for different use cases while offering long-term maintainability, avoiding vendor-lock in, and ensuring high levels of security. This is a pioneering example of the federal government collaborating to deploy code into an open source project...

"The EVerest project has been demonstrated in pilots around the world to make EV charging far more reliable and reduces the friction and frustration EV drivers have experienced when a charger fails to work or is not continually maintained," said LF Energy Executive Director Alex Thornton. "We look forward to partnering with the Joint Office to create a robust firmware stack that will stand the test of time, and be maintained by an active and growing global community to ensure the nation's charging infrastructure meets the needs of a growing fleet of electric vehicles today and into the future."

Thanks to Slashdot reader ElectricVs for sharing the article.
Bitcoin

Over 2 Percent of the US's Electricity Generation Now Goes To Bitcoin (arstechnica.com) 106

"In the last few years, the U.S. has seen a boom in cryptocurrency mining," writes Ars Technica. But they add that the U.S. government "is now trying to track exactly what that means for the consumption of electricity. Specifically, a crucial branch of the U.S. Department of Energy.

"While its analysis is preliminary, the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations are now consuming over 2 percent of the U.S.'s electricity." That's roughly the equivalent of having added an additional state to the grid over just the last three years."

While there is some small-scale mining that goes on with personal computers and small rigs, most cryptocurrency mining has moved to large collections of specialized hardware. While this hardware can be pricy compared to personal computers, the main cost for these operations is electricity use, so the miners will tend to move to places with low electricity rates. The EIA report notes that, in the wake of a crackdown on cryptocurrency in China, a lot of that movement has involved relocation to the U.S., where keeping electricity prices low has generally been a policy priority.

One independent estimate made by the Cambridge Centre for Alternative Finance had the US as the home of just over 3 percent of the global bitcoin mining at the start of 2020. By the start of 2022, that figure was nearly 38 percent... The EIA decided it needed a better grip on what was going on... To better understand the implications of this major new drain on the U.S. electric grid, the EIA will be performing monthly analyses of bitcoin operations during the first half of 2024.

The Energy Information Agency identified 137 bitcoin mining operators, of which 101 responded to inquiries about their full-capacity power supply. "If running all-out, those 101 facilities would consume 2.3 percent of the US's average power demand," the article points out. And they add that in at least five instances, the Agency found bitcoin operators had "moved in near underutilized power plants and sent generation soaring again...

"These are almost certainly fossil fuel plants that might be reasonable candidates for retirement if it weren't for their use to supply bitcoin miners."
Power

IEA Lowers Renewables Forecast For Clean Hydrogen (reuters.com) 34

Although hydrogen-dedicated renewable energy capacity is expected to increase by 45 GW between 2022 and 2028, the estimates are 35% lower than what the International Energy Agency (IEA) forecasted a year ago. Reuters reports: There is growing political momentum for low-emission hydrogen but actual implementation has been held up by uncertain demand outlooks, a lack of clarity in regulatory frameworks, and a lack of infrastructure to deliver hydrogen to end users, the IEA said in an emailed response to questions. Slow progress on real-world implementation "is a consequence of barriers that could be expected in a sector that needs to build up new and complex value chains," the IEA said. Uncertainties have been exacerbated by inflation and sluggish policy implementation.

Expected renewable energy capacity for hydrogen production represents just 7% of the capacity pledged for the same period and one tenth the sum of government targets for 2030, IEA said in its report. Around 75% of expected capacity is based in three countries, with China taking the lion's share, followed by Saudi Arabia and the United States, the IEA says.

Japan

Japan To Introduce Six-Month Residency Visa For 'Digital Nomads' (nikkei.com) 50

In an effort to boost tourism and innovation, Japan will launch a new visa program for digital nomads, allowing remote workers to work in the country for up to six months while enjoying sightseeing trips. Tech Times reports: Starting from the end of March, Japan will introduce a unique visa status aimed at IT engineers and remote workers employed by overseas companies. The program is designed to cater to the evolving work landscape, recognizing the surge in digital nomads-individuals who can seamlessly work from anywhere in the world. Nikkei Asia (paywalled) tells us that to be eligible for this digital nomad visa, applicants must boast an annual income of at least 10 million yen ($68,000).

Citizens from 50 countries and regions, including the U.S., Australia, and Singapore, which have existing visa waiver agreements with Japan, can apply. Private health insurance is a prerequisite, ensuring the well-being of the visa holders during their stay. Self-employed individuals engaged in overseas business can also benefit from this innovative program. Moreover, they have the option to bring their family members along, provided they are covered by private health insurance.

While the program offers the freedom to explore Japan, it has unique conditions. Digital nomads under this visa will not receive a residence card or certificate, limiting access to specific government benefits. The visa is non-renewable, requiring reapplication after a six-month interval, and applicants must spend that time outside the country. Japan joins the ranks of over 50 countries issuing digital nomad visas. Notably, South Korea allows up to two years, while Taiwan offers a three-year stay, with the possibility of permanent residency. The diverse offerings cater to digital nomads' varied needs and preferences, seeking a balance between work and exploration.

Mars

For the First Time NASA Has Asked Industry About Private Missions To Mars (arstechnica.com) 38

NASA is starting to take its first steps toward opening a commercial pathway to Mars. From a report: This week, the space agency's Jet Propulsion Laboratory issued a new solicitation to the industry titled "Exploring Mars Together: Commercial Services Studies." This is a request for proposals from the US space industry to tell NASA how they would complete one of four private missions to Mars, including delivering small satellites into orbit or providing imaging services around the red planet.

"The Mars Exploration Program Draft Plan through the next two decades would utilize more frequent lower cost missions to achieve compelling science and exploration for a larger community," the document states. "To realize the goals of the plan, government and US industry would partner to leverage current and emerging Earth and lunar products and commercial services to substantially lower the overall cost and accelerate leadership in deep space exploration."

NASA will pay proposers $200,000 for a study of one of the reference missions or $300,000 for a maximum of two studies. The space agency said it intends to award "multiple" contract awards. In its 496-page solicitation, NASA outlines four "design reference missions" that companies can bid on. Basically, the space agency is asking companies how they would go about fulfilling these tasks.

United States

Biden To Offer $1.5 Billion Loan To Restart Michigan Nuclear Power Plant (yahoo.com) 275

The Biden administration is poised to lend $1.5 billion for what what would be the first restart of a shuttered US nuclear reactor, the latest sign of strengthening federal government support for the atomic industry. Bloomberg: The funding, which is set to get conditional backing from the US Energy Department, will be offered as soon as next month to closely held Holtec International to restart its Palisades nuclear plant in Michigan, according to people familiar with the matter. Holtec has said a restart of the reactor is contingent on a federal loan. Without such support, the company has said it would decommission the site.

The financing comes as the Biden administration prioritizes maintaining the nation's fleet of nuclear plants to help meet its ambitious climate goals -- including a plan to decarbonize the electricity grid by 2035. More than a dozen reactors have closed since 2013 amid competition from cheaper power from natural gas and renewables, and the Energy Department has warned that as many of half of the nation's nuclear reactors are at risk of closing due to economic factors.

China

FBI Director Warns Chinese Hackers Aim To 'Wreak Havoc' On US Critical Infrastructure (nbcnews.com) 98

"China's hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities, if or when China decides the time has come to strike," said FBI Director Christopher Wray in a prepared testimony before the House Select Committee on the Chinese Communist Party. NBC News reports: Wray also argued that "there has been far too little public focus" that Chinese hackers are targeting critical infrastructure in the U.S. such as water treatment plants, electrical grids, oil and natural gas pipelines, and transportation systems, according to the prepared remarks. "And the risk that poses to every American requires our attention -- now," his prepared testimony said.

As Wray testified, the Justice Department and FBI announced they had disabled a Chinese hacking operation that had infected hundreds of small office and home routers with botnet malware that targeted critical infrastructure. The DOJ said the hackers, known to the private sector as "Volt Typhoon," used privately owned small routers that were infected with "KV botnet" malware to conceal further Chinese hacking activities against U.S. and foreign victims. Wray addressed the malware in his testimony, emphasizing that it targets critical infrastructure in the U.S. [...]

At Wednesday's hearing, the director of the federal Cybersecurity and Infrastructure Security Agency, Jen Easterly, testified that Americans should expect efforts by China to wage influence campaigns online relating to the 2024 election. However, Easterly added that she was confident that voting systems and other election infrastructure are well-defended. "To be very clear, Americans should have confidence in the integrity of our election infrastructure because of the enormous amount of work that's been done by state and local election officials, by the federal government, by vendors, by the private sector since 2016," Easterly said in her testimony.

Wray emphasized in the remarks that the "cyber onslaught" of Chinese hackers "goes way beyond prepositioning for future conflict," saying in the prepared remarks that every day the hackers are "actively attacking" U.S. economic security, engaging in "wholesale theft of our innovation, and our personal and corporate data." "And they don't just hit our security and economy. They target our freedoms, reaching inside our borders, across America, to silence, coerce, and threaten our citizens and residents," the excerpts said.

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