Hey everyone,
These holidays I’ve been working on a tool
https://curtailcoin.com/, which tracks wind curtailment across Great Britain. For those unfamiliar, curtailment happens when wind farms produce more energy than the grid can handle or/and there is no demand. What is even more crazy here in the UK is that consumers pay wind farms for that wasted energy!
This got me make this conversion of curtailment into Bitcoin.
Here’s an example from today:
- Wind farms in Scotland are idle due to low wind speeds.
- In England, wind farms are close to 100% output, making up 58% of grid power.
- Gas generation was dialed back, and there’s no curtailment today because the grid wasn’t congested.
But most of the days with excess wind in Scotland, the curtailment numbers are huge. Bitcoin mining could soak up surplus electricity, support grid stability, and even help renewable projects generate extra revenue.
My questions to the community:
Do you think miners could work more closely with renewable energy providers / generators?
What would it take to make wind-curtailed energy accessible for mining operations?
How to fix incentives for wind generators to motivate them to look at BTC as thier curtailment solution?
Are there existing examples where this is already being done?
I know the idea is not new, I’m still early in exploring it and would love to hear your thoughts, experiences, or critiques. If you’re curious, you can check out the tool here: curtailcoin.com.
Looking forward to the discussion.