Deep Tide TechFlow news, on December 24th, according to Cointelegraph, the latest report from the North American Electric Reliability Corporation (NERC) shows that the rapid development of cryptocurrency mining and AI data centers is driving electricity demand in North America to new highs. Taking Texas as an example, the annual growth rate for peak electricity demand in the summer of 2029 is expected to reach 4.6%, four times the previous forecast.
NERC pointed out that the electricity consumption of crypto mining fluctuates with market prices, while AI data centers require continuous cooling and storage energy, which poses challenges to grid management. To address this trend, Texas has implemented energy response programs and strengthened distributed energy management through HB 3390, with some mining companies like MARA starting to shift towards renewable energy.