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Foley & Lardner LLP

Texas’ Power Transmission Infrastructure: Addressing Growing Demand from Data Centers and Crypto Mining

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Texas is facing a rapidly evolving energy landscape, driven in part by the surging power demands of data centers and cryptocurrency mining operations. As the digital economy expands, the state’s existing power transmission...more

Baker Botts L.L.P.

FERC Approves First Enforcement Settlement Involving Power Plant Operations by Bitcoin Mining Company.

Baker Botts L.L.P. on

Bitcoin mining company pays $1.42 million for violating PJM’s tariff in relation to its power plant operations. On January 30, 2025, the Federal Energy Regulatory Commission (“FERC”) approved a settlement agreement...more

Winstead PC

Texas PUC Finalizes Registration Rule for Large Miners of Bitcoin and Other Virtual Currencies

Winstead PC on

The Public Utility Commission of Texas (PUC) has adopted 16 TAC § 25.114 (available here), requiring certain virtual currency mining facilities (VCMFs) to register as “large flexible loads” if they receive more than 75 MW of...more

Flaster Greenberg PC

Russian Electricity Shortages Limit AI Ambitions

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Paradoxically, the world of the mid 2020s is a world in which countries otherwise rich in energy supply nonetheless have been having trouble keeping the lights on, both undermining their political, societal, and economic...more

Goldberg Segalla

Cryptomining Faces More Legislative Hurdles in US

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As cryptocurrency has increased its notoriety in the US, so has its demands on the US electrical grid. Indeed, the US is witnessing a constantly proliferating number of cryptomining facilities, which are large spaces – often...more

Cozen O'Connor

The State AG Report – 6.20.2024

Cozen O'Connor on

Here are curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: •GOP AGs Seek to Black Out FERC’s Electrical Transmission &...more

BakerHostetler

Weekly Blockchain Blog - March 2024

BakerHostetler on

Crypto Exchanges Launch Institutional Platform, LATAM Stablecoin - A major U.S. cryptocurrency exchange recently announced the launch of an institutional platform “aimed at institutions, asset managers, hedge funds and...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Electricity Consumption/U.S. Cryptocurrency Mining Operations: U.S. Energy Information Administration Analysis

The United States Energy Information Administration (“EIA”) issued a February 1st analysis titled: Tracking Electricity Consumption from U.S. Cryptocurrency Mining Operations (“Analysis”) The Analysis undertakes a review of...more

Husch Blackwell LLP

Integrating Bitcoin Miners into ERCOT: Critical Issues Come into Focus for Large Flexible Load Task Force

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On July 25, 2022, the Electric Reliability Council of Texas’s (ERCOT) Large Flexible Load Task Force (LFLTF) held its monthly meeting, and building on its progress to date, it delved deeper into addressing the core issues...more

McDermott Will & Emery

[Webinar] The Energy Market in 2021: From Crisis to Opportunity | Decoding the Future Value of Behind-the-Meter Load for...

The energy market has undergone significant change in the past 12 months, with even more on the horizon. Join us for a webinar series as we explore how these changes have shaped—and will continue to impact—the energy...more

Sheppard Mullin Richter & Hampton LLP

Cryptocurrency Miners I“rate” At Energy Rate Decision

A Washington state federal court recently addressed claims relating to rates that cryptocurrency mining companies pay for electricity in Grant County, Washington. The court rejected all of the miner’s legal claims. The...more

Robins Kaplan LLP

Financial Daily Dose 10.22.2019 | Top Story: WeWork Bailout Would Cost Company $39 billion in Valuation

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SoftBank’s plan to help bail out WeWork would mean not only a takeover by Masa Son’s crew but also “would slash the co-working company’s valuation to about $8 billion”—a staggering drop of nearly $40 billion. The plan would...more

Robins Kaplan LLP

Financial Daily Dose 10.14.2019 | Top Story: WeWork Board Weighing Bailout Options from SoftBank and JPMorgan

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We Work’s largest investor, SoftBank, is reportedly sketching out plans in which it would drop billions of additional money on the company in return for giving Masa Son control of WeWork “and further sidelin[ing] its founder...more

Robins Kaplan LLP

Financial Daily Dose 10.11.2019 | Top Story: France’s Renault Cans CEO Over Ties to ex-Nissan Chief Carlos Ghosn

Robins Kaplan LLP on

Because the Nissan leadership scandal is about as well-contained as Chernobyl in the early days [thanks, HBO], French automaker Renault has voted this morning to remove Chief Executive Thierry Bolloré amid concerns over the...more

Robins Kaplan LLP

Financial Daily Dose 10.8.2019 | Top Story: US blacklists 28 Chinese Tech Firms Even While Trade Talks Resume

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The US has blacklisted 28 Chinese companies—mostly in the tech sector—over China’s “campaign targeting Uighurs and other predominantly Muslim minorities in the autonomous region of Xingjiang,” a move that’s drawn both...more

Hogan Lovells

Energy Snippets

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Ramaphosa's Saudi deal a boost for renewables - President Cyril Ramaphosa's recently signed ZAR12 billion renewable energy investment deal with Saudi Arabia, was widely welcomed as a much-needed lift for the economy and...more

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