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May 18, 2024
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FERC OKs Sale of NY Power Plant to Crypto Miner
State Moratorium in Effect, but Company Plans Fuel Conversion
A cryptocurrency mining company is set to buy a gas-fired co-generation plant near Buffalo, N.Y., to power some of its operation.
A cryptocurrency mining company is set to buy a gas-fired co-generation plant near Buffalo, N.Y., to power some of its operation. | Shutterstock
FERC granted a cryptocurrency mining company approval to buy a 60-MW gas-fired power plant near Buffalo, N.Y., where it has been running some of its operations.
Company NewsFERC & FederalGeneration & FuelsNew YorkNYISOPublic PolicyState and Local Policy