by OCSC | Nov 2, 2023 | ERCOT
The consulting firm calculated that crypto mining operations currently require at least 1,787 megawatts of electricity to serve their consumption needs, which equates to 2.2 percent of ERCOT’s overall base-load. ________________________________________________ Crypto...
by OCSC | Oct 16, 2023 | Blog, ERCOT
Anxiety over the proliferation of cryptocurrency mines in Texas has prompted the proposed regulation, but it also could affect oil fields, steel mills and other major electricity consumers ________________________________________________ ERCOT is considering a new...
by OCSC | Oct 5, 2023 | ERCOT
The first report also indicates that the monthly capacity reserve margin, expressed as a percentage, is 30.7 percent during the peak load hour in December. This is in contrast to the historical planning reserve margin target of 13.75 percent....
by OCSC | Sep 22, 2023 | Blog, ERCOT
The report projected planning reserves at 53.7 percent, which is well above a historical target of 13.75 percent. ________________________________________________ ERCOT should have plenty of energy on hand to meet demand during the upcoming fall season, barring...
by OCSC | Sep 20, 2023 | Blog, ERCOT
This push-and-pull dynamic means that crypto miners possess an almost unique ability to both strain grid operations because of their energy-intensive mining operations, and to enhance their own revenues by helping to resolve grid strain....
by OCSC | Sep 18, 2023 | Blog, ERCOT
The analysis highlights dramatic inefficiencies caused by the new ancillary service and resulting “enormous increases in market costs.” ________________________________________________ Anew ancillary service has led to artificial energy scarcity on the ERCOT grid and...
