Russia’s largest electricity grid operator plans to use underutilized energy centers for mining.
In Russia, Rosseti, the country’s main electricity grid operator, has announced plans to explore new opportunities in the digital asset sector. The news, reported by the state news agency TASS, outlines a plan to utilize currently underused energy centers for mining.
The company stated:
“The Rosseti Group is the largest grid company in Russia and can act as an operator for coordinating the placement of mining infrastructure.”
This initiative is part of a broader effort to develop Russia’s mining sector, regulated by a law signed by President Vladimir Putin last August, which authorizes only registered entities and individual entrepreneurs to conduct large-scale mining operations.
The state-owned company’s plan includes optimizing existing energy facilities that operate below their maximum capacity, while also significantly increasing both tariff revenues and tax contributions. Rosseti confirmed that it already possesses the necessary technical infrastructure, including switching equipment to manage mining facility loads.
The company is currently assessing various aspects of its strategy, including the introduction of a specific tariff structure for miners. However, the project will face some limitations: due to the electricity shortage, the Russian government has banned mining in several regions from January 1, 2025, until March 15, 2031.
