The North American Electric Reliability Corporation (NERC) has identified areas in the U.S. and Canada, including Texas, as high-risk for energy reliability amid rising cryptocurrency mining activities.
The report highlights the challenge of managing rapid development and demand, with new projects stretching operator capabilities and pressuring energy and transmission systems.
NERC's concerns are compounded by U.S. environmental policies aimed at reducing carbon emissions, adding complexity to energy management.
NRECA CEO Jim Matheson comments on the dire outlook for the nation's energy future, citing soaring electricity demand and declining availability of consistent generation.