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Crypto and AI’s Unquenchable Energy Thirst: A Warning from ClearView Energy

The massive energy demands of artificial intelligence (A.I.) and cryptocurrency mining are straining the U.S. power grid. Crypto mining alone consumes immense electricity, outstripping the construction of new power plants. The need for reliable baseload power keeps conventional power plants running, despite efforts to transition to renewable energy. Balancing the growing demand with the goal of decarbonization requires a diverse energy mix and infrastructure investment.