I'm grateful I got the chance to speak at the FREE Energy Summit in Lisbon last week.

The nexus of energy abundance & bitcoin mining is becoming increasingly visible.

Here are my 10 learnings & notable insights from the event 🧵👇 1. The era of mining solely for bitcoin is over. Every miner will be in some version of the energy business. Bitcoin mining is about monetizing electrons.

Battery developers are making bank in 2023, while solar owners are losing revenue in the wholesale market 🧵

If you are a solar owner/operator, do not wait. Reach out to @OptimizeInfra to find ROI boost solutions to deploy at your site. 2GWs added in Q3 - CAISO and ERCOT leading the states responding to surplus solar generation and vol in wholesale market prices

spglobal.com/commodityinsig…

How #Bitcoin mining can be used to monetize surplus solar and increase the return on investment for projects and reduce payback period for #solar. Here is a four page case study 👇🧵1/5

https://twitter.com/CryptoTea_/status/1686547337143894016

A manufacturing plant with an average load of 5MW per hour is seeking to deploy #solar to reduce costs. Exports from behind-the-meter generation is not allowed.

A great podcast 🎧 The intersection of #Bitcoin and distributed energy resources is a worthwhile conversation.

A few thoughts on the topic in 🧵

Big shouts to @thetrocro and @DER_Task_Force

https://twitter.com/duncan__c/status/1631322103956865025

A conversation about #bitcoin draws critics in to imagine how bitcoin “should” be vs. focusing on how we it can be utilized.

Example brought up was should supply be fixed and not diminishing? There is a two part response for addressing any question/criticism of bitcoin.

What they should have highlighted is that “In 2020, CAISO curtailed 1.5 million MWhs of utility-scale solar, or 5% of its utility-scale solar production.”

eia.gov/todayinenergy/…

https://twitter.com/marcrjandrew/status/1630999608573960193

To put that in perspective, an average home in Sacramento uses about 8 MWhs of electricity per year. The wasted solar energy in California is enough to power all of the 200,000 homes in the city of Sacramento for a year.

energysage.com/local-data/ele…

This is how we get to an energy abundance future with renewables ⚡️ Australia reached 104.1% net renewables over the week of Dec 11-18 👇🧵 "To be clear, this 104.1 per cent relates to the amount of wind and solar compared to state demand. The state is connected to the rest of the grid so imports and exports are inevitable..."

It is important to note this is a "net" calculation over the state demand.

A thread on data & signals from the solar industry for #Bitcoin miners.

Source: 2022 Utility Scale Solar report by @NREL 👉🧵

emp.lbl.gov/sites/default/… Data: similar to last year's report, solar provides below-average value in regions with high solar penetration
Signal: #Bitcoin miners should focus on co-locating with solar in established regions

Solar + battery power plants are on the rise. We need to skate where the puck is going to effectively integrate #Bitcoin with #solar. 1/n 🧵
Here are some excerpts from a report by Lawrence Berkeley National Laboratory: emp.lbl.gov/news/2021-was-… At the end of 2021, there were nearly 300 hybrid plants (>1 MW) operating across the United States, totaling nearly 36 GW of generating capacity and 3.2 GW/8.1 GWh of energy storage.