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Don t Mine Me: ERCOT Requirements May Slow Texas New Crypto Currency Mining Operations | Vinson & Elkins LLP

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ERCOT declares there will be enough power to meet demands this summer

ERCOT declares there will be enough power to meet demands this summer Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Joel Leal (KRHD) and last updated 2021-05-06 12:04:59-04 AUSTIN, TX — On May 6, the Electric Reliability Council of Texas (ERCOT) has stated there will be enough generation to meet demands this summer. With an anticipated peak demand of 77,144 MW, ERCOT is stating they will have a 15.7% reserve margin this upcoming summer season. This anticipated demand will break ERCOT s previous record of 74,820 MV that was set on Aug 12. 2019. For perspective, 1 MV typically powers about 200 homes on a hot summer day.

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