Texas ERCOT_ISO response to lawmakers’ Bitcoinmining concerns still a work in progress
Pablo Vegas, the new CEO of the Electric Reliability Council of Texas, is introduced at a news conference at the Texas Public Utilities Commission Headquarters in Austin, Texas, on Thursday Oct. 13, 2022. WASHINGTON — ERCOT said this week it’s still working on a response to inquiries from members of Congress about whether its approach to crypto mining is putting undue pressure on the state’s power grid, ripping off ratepayers and contributing to climate-damaging pollution.
“All of this energy use is resulting in substantial amounts of carbon emissions and other adverse air quality impacts,” the lawmakers wrote. The lawmakers also raised concerns about “demand response” programs in which large energy-consuming operations are rewarded for curtailing their usage when demand is particularly high.
Warren’s letter posed a series of questions to ERCOT soliciting information such as how much electricity is being used for crypto mining in the state and how many tons of carbon dioxide emissions have resulted from that usage. “They have the same right to do that as anybody else,” he said. “They don’t get any special subsidy for doing so . . . And so we look forward to answering the questions and explaining how we serve these types of businesses here.”
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