3 Ways Renewables Can Benefit from Cryptocurrency Business

Renewables can benefit from the flexibility in cryptocurrency operations by:

• Over- generation User “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 is a leader in intermitancy 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 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