Stranded Energy (Bitcoin Poem 125) - Problems/Solutions 37
by @bitcoinpoems
Across the world, there are many
Energy production sites that produce
More energy than can be used locally.
This is stranded or isolated energy since
Electricity is difficult to send over distance.
Therefore
We need a power consumer who can use
This stranded energy anywhere on earth.
Bitcoin is providing solutions right now
To this problem, and here are the top
Six where Bitcoin is a working solution.
Stranded Natural Gas - typically flared, Bitcoin miners use the energy, reducing methane.
Geothermal Energy - often produces more energy than a local grid can use. Bitcoin steps in.
Hydropower - seasonally variable, Bitcoin is a flexible consumer when supply is high.
Solar and Wind - intermittent, Bitcoin mining consumes surplus during high production.
Landfill Gas - produces methane, and Bitcoin captures this methane for mining.
Remote Locations - such as small hydro dams, biomass plants, or remote oil fields.