News & Analysis as of

Cryptocurrency Electricity Energy Sector

Baker Botts L.L.P.

Texas Senate Bill 6: Significant Changes to Interconnection Requirements Will Impact Large Loads and Other Electric Market...

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During its recently concluded regular session, the Texas Legislature passed Senate Bill 6 (“SB 6”), which establishes new requirements and costs for the interconnection and operation of Large Load customers in Texas. The bill...more

Balch & Bingham LLP

Texas SB 6 Overhauls Rules for Large Energy Loads in ERCOT

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A new state law in Texas, SB 6, significantly changes how large loads interconnect with and operate within The Electric Reliability Council of Texas (ERCOT) grid. Energy companies developing large data centers, crypto...more

Foley & Lardner LLP

Texas’ Power Transmission Infrastructure: Addressing Growing Demand from Data Centers and Crypto Mining

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Texas is facing a rapidly evolving energy landscape, driven in part by the surging power demands of data centers and cryptocurrency mining operations. As the digital economy expands, the state’s existing power transmission...more

Baker Botts L.L.P.

FERC Approves First Enforcement Settlement Involving Power Plant Operations by Bitcoin Mining Company.

Baker Botts L.L.P. on

Bitcoin mining company pays $1.42 million for violating PJM’s tariff in relation to its power plant operations. On January 30, 2025, the Federal Energy Regulatory Commission (“FERC”) approved a settlement agreement...more

Winstead PC

Texas PUC Finalizes Registration Rule for Large Miners of Bitcoin and Other Virtual Currencies

Winstead PC on

The Public Utility Commission of Texas (PUC) has adopted 16 TAC § 25.114 (available here), requiring certain virtual currency mining facilities (VCMFs) to register as “large flexible loads” if they receive more than 75 MW of...more

Flaster Greenberg PC

Russian Electricity Shortages Limit AI Ambitions

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Paradoxically, the world of the mid 2020s is a world in which countries otherwise rich in energy supply nonetheless have been having trouble keeping the lights on, both undermining their political, societal, and economic...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Electricity Consumption/U.S. Cryptocurrency Mining Operations: U.S. Energy Information Administration Analysis

The United States Energy Information Administration (“EIA”) issued a February 1st analysis titled: Tracking Electricity Consumption from U.S. Cryptocurrency Mining Operations (“Analysis”) The Analysis undertakes a review of...more

McDermott Will & Emery

[Webinar] The Energy Market in 2021: From Crisis to Opportunity | Decoding the Future Value of Behind-the-Meter Load for...

The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more

Sheppard Mullin Richter & Hampton LLP

Cryptocurrency Miners I“rate” At Energy Rate Decision

A Washington state federal court recently addressed claims relating to rates that cryptocurrency mining companies pay for electricity in Grant County, Washington. The court rejected all of the miner’s legal claims. The...more

Hogan Lovells

Energy Snippets

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Ramaphosa's Saudi deal a boost for renewables - President Cyril Ramaphosa's recently signed ZAR12 billion renewable energy investment deal with Saudi Arabia, was widely welcomed as a much-needed lift for the economy and...more

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