• About Us
  • Careers
  • Contact
No Result
View All Result
Monday, October 13, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Crypto

Crypto, AI Growth May Strain North America’s Energy Grids, Regional Energy Coalition Body Warns

25 December 2024
in Crypto, News
Reading Time: 3 mins read
101 7
source: govtech.com

source: govtech.com

The North American Electric Reliability Corporation (NERC) has raised concerns about the growing energy demands of cryptocurrency mining and artificial intelligence (AI) operations, which could challenge grid reliability and forecasting.

In its latest Long-Term Reliability Assessment report, NERC highlights the unpredictable and energy-intensive nature of crypto mining and AI data centres. These operations, characterized by fluctuating energy needs, adjust consumption based on electricity prices or increase demand for processing, cooling, and storage. According to the body, this variability poses risks to grid stability and amplifies the potential for energy shortfalls.

NERC projects a 4.6% annual increase in peak summer electricity demand through 2029, with Texas expected to experience demand growth four times higher than previous forecasts. To address these challenges, NERC recommends proactive measures such as enhanced demand forecasting, advanced transmission planning, and expanding demand-side management (DSM) programs to stabilize the grid.

The report coincides with significant growth in North America’s crypto-mining sector. Bitcoin miner Hut 8 recently secured a power purchase agreement (PPA) in West Texas, which grants it access to 205 megawatts of power and land. Upon completion, this deal will boost Hut 8’s total energy infrastructure capacity to 1.3 gigawatts. The facility, located near a wind farm and connected to the ERCOT grid, ensures access to low-cost wholesale power. Although financial details remain undisclosed, Hut 8 views this agreement as a critical step toward securing an additional 1,100 megawatts of energy capacity.

Meanwhile, NERC’s warning aligns with concerns raised by Russian officials about energy shortages due to the rapid growth of crypto-mining in the country. Maxim Oreshkin, a Kremlin official, projected that these activities would strain Russia’s energy supply, particularly in Siberia, where low electricity costs fuel mining activities, in the next five to ten years. Oreshkin also called for a reevaluation of energy capacity expansion plans to maintain competitive costs for future facilities.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: CryptoNERCNorth America
Share63Tweet39Share11
Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

Related Posts

Bybit Integrates UBS’s uMint Tokenized Fund as Trading Collateral to Bridge Traditional Finance and Web3
Crypto

Bybit Integrates UBS’s uMint Tokenized Fund as Trading Collateral to Bridge Traditional Finance and Web3

13 October 2025
Crypto Investment Products Defy Market Crash With $3.17B Inflows as Trading Volumes Hit Record Highs
Crypto

Crypto Investment Products Defy Market Crash With $3.17B Inflows as Trading Volumes Hit Record Highs

13 October 2025
Hong Kong Mulls Offshore RMB-Backed Stablecoin Amid Fintech Push
News

Hong Kong Mulls Offshore RMB-Backed Stablecoin Amid Fintech Push

13 October 2025
Michael Saylor’s Strategy Expands Bitcoin Holdings Amid Market Volatility
Bitcoin

Michael Saylor’s Strategy Expands Bitcoin Holdings Amid Market Volatility

13 October 2025

Editors Picks

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

What Are DeFi Options Vaults, and How Do They Work?

What Are DeFi Options Vaults, and How Do They Work?

byOlajumoke Oyaleke
26 June 2025
0

What Are Teardrop Attacks in Crypto?

byOlajumoke Oyaleke
17 June 2025
0

What Are Fractional NFTs, and How Do They Work?

What Are Fractional NFTs, and How Do They Work?

byBlessing Lisafi
7 February 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Your Weekend Crypto Roundup | October 2025 (Week 2)

3 days ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

1 week ago

What $1 Billion in Liquidations Means for Market Stability

2 weeks ago

Why Crypto’s Cross-Chain Future Depends on Regulatory Readiness

2 weeks ago

MicroStrategy’s Debt-Fueled Bitcoin Buys: Smart Treasury Move or Dangerous Precedent?

2 weeks ago

XRP Reserves Spiked by 1.2B: What Does This Mean for Market Adoption?

2 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin via Private Placement, Signaling New Phase in Crypto Treasury Deployment

    bychainwire
    13 October 2025
    0

    Collaboration across Bybit, DigiFT and UBS uMINT expands Collateral Solution for Institutions

    bychainwire
    13 October 2025
    0

    BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of $12.9 Billion

    bychainwire
    13 October 2025
    0

    Eightco Holdings Inc. ($ORBS) Makes Strategic Investment into Mythical Games to Accelerate Human Verification and Digital Identity in Gaming

    bychainwire
    13 October 2025
    0

    Phemex Announces Halloween Futures Trading Festival With 200,000 USDT Prize Pool

    bychainwire
    13 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Market Analysis
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00