Jeremy Klingel | Source | Head of Energy & Utility Advisory - Americas at PA Consulting
Jeremy Klingel
Mr. Klingel is an executive management consultant specializing in the business transformation of the power industry. As a Partner, Jeremy will help lead the rapid expansion of the firm’s Grid Modernization and Customer Digital Experience capabilities to better support Utility clients, and serve the Integrated Infrastructure needs of the Commercial & Industrial market.
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PA Consulting
Head of Energy & Utility Advisory - Americas
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Electricity to power bitcoin surges to new heights as price gets Tesla boost
Tesla's disclosure that it has purchased $1.5 billion of bitcoin has had the effect of sending the estimated electricity consumption of the cryptocurrency to...
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The obstacle that needs to be addressed is ensuring there are clean and/or efficient energy sources available for miners to tap into, especially during peak periods. With greater demand comes greater cost per KW, therefore incentivizing use of seldom-used coal or gas-fired plants that are falling out of favor from an environmental and economic perspective.
