New research from several major universities warns that the surge in data centers and cryptocurrency mining could drive up electricity costs by up to 57% in certain US regions by 2030. The study highlights a potential 28% increase in power sector carbon dioxide emissions if this growth continues without significant grid intervention. Findings suggest that concentrated expansion in states like Virginia, Pennsylvania, and New York will lead to the steepest price hikes. Researchers urge policymakers and utilities to update their generation strategies to prevent these energy intensive industries from erasing previous gains in carbon reduction.
