ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining

Speaking to the Texas Senate Business and Commerce Committee Wednesday, Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), which manages the state’s power grid, said that demand from these two industries is testing the grid forcing officials to revise estimates for how much energy it will need to produce by the end of the next decade.

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