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The increased gas capacity forecast highlights a shift towards meeting AI and crypto energy demands, impacting electricity pricing dynamics. The post US Energy Information Administration nearly triples gas capacity forecast to 66 GW by 2030 appeared first on Crypto Briefing.
The post Bitcoin miners have until 2027 to prove they deserve power on America’s overloaded grid appeared on BitcoinEthereumNews.com. Bitcoin miners are facing a real-world test of their ability to improve the electricity grid. The US Energy Information Administration projects electricity consumption will climb from 4,195 billion kilowatt-hours in 2025 to 4,269 billion in 2026 and 4,399 billion in 2027. The agency ties the increase to AI data centers, cryptocurrency operations, and broader electrification, and both years would set records for the country. The two-year climb adds 204 billion kilowatt-hours to the grid, equal to about 23.3 gigawatts of continuous average load. The number arrives alongside a first for the sector: commercial electricity use overtakes residential demand in 2026, at 1,550 billion kilowatt-hours against 1,508 billion for households, a gap of 42 billion kilowatt-hours. Miners have spent years competing against each other for cheap power contracts, and the 2026
