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ARTICLE · 04 MAY 2022

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Alberta Energy Regulator Requests Information Regarding Cryptocurrency Mining Operations

The business of cryptocurrency mining continues to be a hot topic of interest in the Alberta regulatory arena. While the Alberta Utilities Commission (AUC) retains primary jurisdiction...

CanadaEnergy and Natural Resources

The business of cryptocurrency mining continues to be a hot topic of interest in the Alberta regulatory arena. While the Alberta Utilities Commission (AUC) retains primary jurisdiction over bitcoin mining and the construction and operation of power plants in the province, the Alberta Energy Regulator has recently published Bulletin 2022-12, requesting information related to current or future cryptocurrency mining operations associated with AER-regulated sites. 

The Alberta Energy Regulator ("AER") regulates energy resource activities in Alberta, including the development of oil, oil sands, natural gas, and coal resources. Many AER-regulated activities produce energy for cryptocurrency mining operations, which may affect a regulated parties' compliance with certain AER directives. In particular, cryptocurrency mining operations that consume gas produced by AER-regulated activities are considered consumers, even if the operation is owned or operated by the same

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