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Mining & Energy

Bitcoin Policy UK

Bitcoin Policy UK has published research on how Bitcoin mining can support energy systems, from using stranded geothermal and solar power in Montserrat to balancing the UK grid with flexible demand. This page records that work, including its research papers, its response to HM Treasury on mining and energy, and a briefing paper on mining and environmental cleanup.

Alongside this collective work sits Susie Violet Ward’s reporting on renewables, methane, heat reuse and grid resilience, followed by coverage and conference appearances on mining and energy.

BPUK work on mining and energy

  1. August 2024 · UK government, National Grid ESO and GB Energy

    UK Power Grid Demand Balance using Bitcoin Mining as a Demand-Side Flexible Response

    Published by Bitcoin Policy UK

    Argues that Bitcoin mining can act as flexible, interruptible demand that buys surplus renewable power, citing a projected 72 TWh of annual oversupply by 2030. It sets out three ownership models, including National Grid or GB Energy facilities.

    Read the summary on pressfilesREAD SUMMARY → Read the paper (PDF)BITCOINPOLICY.UK →
  2. 3 February 2023 · Briefing paper

    Bitcoin: A Tool For Environmental Cleanup

    Published by Satoshi Action Fund with Bitcoin Policy UK

    A one-page briefing on how Bitcoin mining can cut methane emissions, use curtailed wind and solar power and help balance electricity grids, with links to supporting research.

    Read the briefing paper (PDF)BITCOINPOLICY.UK →

Reporting and commentary

View more reporting9 MORE →

Coverage and appearances

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Policy & Consultation WorkALL POLICY WORK →Education & OutreachEDUCATION & OUTREACH →Research & PublicationsRESEARCH & PUBLICATIONS →On Stage: panels and talksON STAGE ARCHIVE →Visit Bitcoin Policy UKBITCOINPOLICY.UK →