The demand for electrical power in Texas is projected to nearly double by 2030, driven by explosive growth in data centers, AI, and bitcoin mining. ERCOT CEO Pablo Vegas testified that the state's power grid needs will grow from about 85,000 to 150,000 megawatts within six years. Constellation Energy CEO highlighted that data centers could drive an additional 10 to 20 gigawatts of demand in the PJM Interconnection. New data centers in Silicon Valley alone could add 3.5 gigawatts of demand, exceeding the output of three nuclear power plants. Efforts to redesign the power grid to meet this demand are underway, with discussions on integrating bitcoin mining as a Controllable Load Resource to enhance grid reliability. Goldman Sachs Research’s Brian Singer noted a 160% increase in data center power demand by 2030. Tech companies are seeking sites with sufficient electricity from NextEra Energy. Lieutenant Governor Dan Patrick discussed the scrutiny on the industry.
NEW: 🇺🇸 Texas' grid capacity will need to double over the next 10 years to handle demand from 🤖 AI and #Bitcoin ⛏️ mining, says ERCOT CEO Pablo Vegas. More scrutiny is coming for the industry, says Lieutenant Governor of Texas Dan Patrick 🤔 https://t.co/u1kKO0GWZK
Texas wants to use bitcoin miners for grid stability as power demand soars via @hardeyjumoh https://t.co/e9IQh1WAIU
Texas' power grid needs more power than initially expected to handle AI and bitcoin mining, @thesamreynolds reports https://t.co/4i4BMzeor6
JUST IN: 🇺🇸 ERCOT recommends that #Bitcoin mining be integrated as a Controllable Load Resource to ensure grid reliability. They are starting to understand 🙌 https://t.co/exqEA2tQks
BREAKING: ERCOT recommends that #bitcoin mining in Texas should be directly integrated as a Controllable Load Resource (CLR) to increase reliable grid balancing https://t.co/SptjiSow6D
Texas power grid operator predicts power demand will nearly double by 2030 https://t.co/e9G34O70jW
The demand for electrical power in Texas will dramatically increase in the next few years. On Wednesday, a hearing was held at the state capitol on whether efforts to redesign the power grid can meet that demand in time. https://t.co/ZSe1qwkkfQ
New Silicon Valley data centers have the potential to add 3.5 gigawatts of demand for electricity, PG&E said, which is more than the output of three nuclear power plants https://t.co/QO0qghB4UV
The question is whether Florida and Texas’ electric grids can sustain this pace of growth. Especially in Texas’ case with new factories and data centers. https://t.co/bzPwZhCkvf
The question is whether Florida and Texas’s electric grids can sustain this pace of growth. Especially in Texas’ case with new factories and data centers. https://t.co/bzPwZhCkvf
ERCOT's CEO says explosive growth in the State of Texas will continue to put pressure on the power grid. https://t.co/z0JFLhIVwF
.@DanPatrick on crypto-mining reforms concerning the ERCOT grid. #txlege https://t.co/hJpDuJFk7y
ERCOT CEO Pablo Vegas and others gave shocking testimony today in the Senate Committee on Business & Commerce that within only six years (that’s only three legislative sessions), our power grid needs will grow from about 85,000 to 150,000 megawatts. That is much higher than the…
Tech companies desperate to build massive data centers in the US are asking NextEra Energy to find them sites with enough electricity to power entire cities https://t.co/PYJrWzE8i6
$CEG Data Centers Could Drive an Additional 10 to 20 Gigawatts of Demand in Pjm Interconnection in Coming Years - Constellation Energy CEO
Data center power demand is set to grow 160% by 2030, explains Goldman Sachs Research’s Brian Singer: https://t.co/eXCssbE9rI #GSExchanges https://t.co/q20oJSnU6e