PG&E Corp., California’s biggest utility, expects to meet surging demand for electricity without significantly adding to its fleet of power plants, according to Chief Executive Officer Patti Poppe.

Fears of controlled outages popped up lafter Texas’ power grid operator ERCOT warned in a report published last week that it may have to force rolling blackouts as energy demand peaks in August.

Texas recently revised estimates of how much capacity its grid will need, citing demand from AI and bitcoin mining.The political climate towards these two industries is souring because of increased energy demands,

The UK’s power grid ruled out paying customers to reduce consumption next winter after the nation’s generation buffer is forecast to improve.

The Senate Committee on Business and Commerce convened Wednesday morning to evaluate the state of the electric grid, examine the impact of last year's investments into generating power, and hear striking statistics on the energy demands of the Bitcoin and artificial intelligence sectors.

Texas’ love affair with crypto mining appears to be on shaky ground after state lawmakers this week said they were shocked by the increasing amount of demand the state’s notoriously stressed power grid will be shouldering by the end of the decade.

Officials told state lawmakers on Wednesday that power demand in Texas is growing even faster than expected. The Electric Reliability Council of Texas (ERCOT), which operates the state’s power grid, is now forecasting power demand to nearly double by 2030.