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Cryptocurrency Electricity Regulatory Requirements

Baker Botts L.L.P.

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

Baker Botts L.L.P. on

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

Balch & Bingham LLP on

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

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

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