Most Albertans have probably seen the headlines about companies wanting to invest in and build AI data centres in Alberta. Many Albertans are excited about that, but others have legitimate questions. Here are the answers to 6 common questions on everything from power to water to land use and how these investments will financially benefit our province now and in the future.

The 2024 edition of @BerkeleyLab’s Utility-Scale Solar report is out. Empirical plant-level data from US projects over 5 MW. Trends in deployment, technology, capital and operating costs, capacity factors, prices and value, through 2023. All at utilityscalesolar.lbl.gov/<THREAD>

This week, NERC initiated the Large Loads Task Force (LLTF) to address the reliability impacts of emerging large loads on the bulk power system and prepare for the unique risks that they present. Learn more: ow.ly/4KGf50TJQMy. Learn more: ow.ly/4KGf50TJQMy.

Looks like Texas could have more installed solar generation capacity than wind generation capacity next year (all projects w/ interconnection agreement). H/T @joshdr83 who inspired me to look into @ERCOT_ISO's latest resource capacity trend data ercot.com/gridinfo/resource

due to increased amount of mining competition, the value of hashrate over the past 10 years continues to be down and to the right - which means avg mining rev/MWh is getting lower ..

ERCOT CEO Pablo Vegas and others gave shocking testimony today in the Senate Committee on Business & Commerce that within only six years (that’s only three legislative sessions), our power grid needs will grow from about 85,000 to 150,000 megawatts. That is much higher than the 110,000 megawatts they previously projected. The 110,000 megawatts was already a big increase, which is why the Senate pushed our incentive plan to build more dispatchable power last session. 150,000 megawatts is almost double the megawatts we now have on the grid. Later testimony said the growth is due to the increases in population, normal business growth, and Artificial Intelligence (AI). However, crypto miners and data centers will be responsible for over 50% of the added growth. We need to take a close look at those two industries. They produce very few jobs compared to the incredible demands they place on our grid. Crypto mining may actually make more money selling electricity back to the grid than from their crypto mining operations. Texans will ultimately pay the price. I’m more interested in building the grid to service customers in their homes, apartments, and normal businesses and keeping costs as low as possible for them instead of for very niche industries that have massive power demands and produce few jobs. We want data centers, but it can’t be the Wild Wild West of data centers and crypto miners crashing our grid and turning the lights off. The Senators asked why this had not been disclosed before today. #txlege

2+ years ago I was planning to go back to school. Instead, @ethan_vera called with an idea - building compute derivatives for 21st century commodity producers. Today, after receiving regulatory approval, the world's first compute futures contract is live!

@AndrewBurchwell ❤️ of @OHBlockchain on the world stage along with @lee_bratcher ,@Crypto_Mags ,@BitcoinPierre , and @Dennis_Porter_ at Empower conference by @DWildcatters

Excited to announce the launch of Hashrate Futures. The first compute and #Bitcoin mining related instrument to be listed as a derivative contract in the US. luxor.tech/news/corporate-ne…