PANews|Nov 14, 2026 13:05
[UK Could Convert Wasted Scottish Wind Energy into Bitcoin to Reduce its $1.3 Billion Grid Bill] According to CoinDesk, a report by the Bitcoin Policy Institute (BPI) suggests that the UK could use Bitcoin mining to absorb excess wind power in Scotland, thereby reducing over £1 billion (approximately $1.32 billion) in curtailment compensation payments to wind farms. Because wind power expansion in Scotland has outpaced transmission infrastructure, grid operators have to pay wind farms to stop generating electricity, while also paying gas-fired power plants in other regions to increase their output. The report states that Bitcoin mining is quick to deploy, portable, and allows for complete power cuts at any time, making it suitable for consuming low-cost or cut-off electricity. The report recommends that relevant UK authorities assess the feasibility of deploying mining facilities behind transmission bottlenecks, particularly along the Scottish-English border.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink