Overview
As Ireland expands its wind and solar capacity, an important challenge emerges: What happens to surplus electricity when demand is low? With projections showing 10.6 TWh of excess energy annually by 2030, how can we ensure that this energy isn’t wasted?
This talk will explore an innovative solution – Bitcoin mining. By acting as a flexible energy consumer, Bitcoin miners can absorb excess power, provide grid stability, and enhance the profitability of renewable energy projects.
Key Topics Covered:
- The Fundamentals of Money & Energy – How energy underpins economic systems and why a sound monetary system matters.
- Bitcoin & Proof of Work – How Bitcoin mining operates and why it consumes energy.
- The Renewable Energy Surplus in Ireland – Understanding the 10.6 TWh/year of excess electricity projected by 2030.
- Bitcoin Mining as a Grid Solution – How mining can absorb surplus power, provide demand response, and support grid stability.
- Economic & Technical Considerations – How Bitcoin mining can complement wind farms, improve energy market efficiency, and even repurpose waste heat.
Who Should Attend?
- Students & faculty interested in renewable energy, engineering, and technology.
- Professionals in energy, sustainability, and finance looking to understand the role of Bitcoin in the energy transition.
- Anyone curious about how Bitcoin and energy intersect.
Admission: Free & open to students, staff and the general public. Register for this event by completing the form below: