I did hear that someone is putting in a 10MW cryptocurrecny mining "datacenter" right next to Clyde dam. I'm not exactly happy about that.
They haven't even admitted it's crypto.
All that's really known is that it's a 10MW "datacenter", hooked directly into the power plant, in a part of the country without a commercial fibre backbone, and will allegedly be running workloads that can be turned off depending on power demand.
Reading between the lines, that's a crypto mining operation.
Incorrect. All of the hydropower is used as present, so any extra marginal load added to NZ causes extra gas usage (or coal sometimes). If the lakes are full and water is being sent down spillways, then perhaps you can get free power, but that is rare.
Also note that lots of people think transmission losses are heavy, but actually they are less than 10%. For example HVDC transmission losses are ~3% per 1,000km (the DC link from Benmore to Wellington)
The whole “give us cheap power or we close this plant down” is just a genius power play.
People don’t want to be out of jobs and govt want a good excuse to get the deal done. The politicians look like savvy negotiators keeping this massive corporate begging and rio tinto get discount rate power. It’s really a win win ruse for them.