The move is a reaction to a surge in electricity demand expected from crypto miners this year and next.
Crypto miners seek to add several gigawatts of demand this year and next, which poses a challenge for a grid operator that typically gets a heads up several years in advance from traditional industries that help it better plan for the added consumption.Texas has started requiring new large-scale cryptocurrency miners to seek permission to connect to the state’s power grid in anticipation of a flood of requests that are expected to drive up electricity demand.
ERCOT members will vote Wednesday to form a task force to hash out details of an interim plan that ultimately is meant to protect the grid from being overwhelmed.
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