As temperatures soared across New York this week, Greenidge Generation’s Dresden facility responded by sending nearly its entire power output to the local grid on Wednesday.
The company said 99.5% of its electrical production was delivered to the grid on June 25 to meet surging energy demand caused by extreme heat.
Greenidge, which combines cryptocurrency datacenter operations with power generation, began boosting its grid contribution earlier in the week. It supplied 88% of its available energy to the grid on both Monday and Tuesday, increasing to nearly full capacity by Wednesday.
Earlier this week, the New York Independent System Operator issued an Energy Warning, citing “a decline in operating reserves” and noting that “emergency operations may be initiated to maintain system reliability.”
Greenidge Generation President Dale Irwin said the company’s modernized facility can quickly adjust output to support the grid. “As demand on the power grid remains high, we are going to continue to help meet the needs of our community,” Irwin said. “Literally every minute we produce power, we are sending power to the grid – it’s a required component of our operating agreement. And we increase production when we need to step up.”
Before the company’s cryptocurrency operations were integrated, the facility took up to 14 hours to ramp up power. It now takes only minutes to shift energy output from crypto mining to the grid.
According to Greenidge, the Dresden plant supplies electricity to the grid every day it operates, helping maintain system reliability and manage energy prices.
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