3 Ways Crypto Currency can Increase Capacity for Renewables

  • “By running off electricity that would otherwise be curtailed because of low demand, crypto-mining could allow more clean energy to be profitably built on the grid”
  • Texas has been a leader in dealing with intermitancy that can power crytocurrency
    • Texas “competitive renewable electricity zones”  
      • average wind curtailment in Texas decreased from over 16% to less than 2%
      • wind generation more than doubled
    • private investment in energy storage
  • flexible demand option for crypto currency that can quickly ramp up operations during times of overgeneration

Trib Talk | Market operations engineer, ERCOT | Cryptocurrencies could increase capacity for renewable energy