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Greenidge Generation LLC cryptomining facility settlement

Sector: Natural Gas • Location: New York, United States

Source: NewsBreak: Local News & Alerts

Project
Settlement Approved

The Greenidge Generation LLC natural gas-fired power plant in the Finger Lakes, New York, which uses most of its electricity for proof of work cryptomining, settled a legal battle with the New York State Department of Environmental Conservation (DEC). The settlement reverses the DEC's 2022 denial of Greenidge's Title V Air Permit renewal based on noncompliance with the Climate Leadership and Commu

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The project “Greenidge Generation LLC cryptomining facility settlement” is an infrastructure initiative in the Natural Gas sector, located in New York, United States. Taiyo aggregates data on it from NewsBreak: Local News & Alerts.

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settlement approved

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Description

Description

The Greenidge Generation LLC natural gas-fired power plant in the Finger Lakes, New York, which uses most of its electricity for proof of work cryptomining, settled a legal battle with the New York State Department of Environmental Conservation (DEC). The settlement reverses the DEC's 2022 denial of Greenidge's Title V Air Permit renewal based on noncompliance with the Climate Leadership and Community Protection Act (CLCPA). The settlement requires Greenidge to reduce emissions by 25% immediately and by 44% once the permit expires, aligning the facility with the state's climate law emissions limits. The permit is subject to public comment and EPA review.

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High

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100%

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