Solar & wind
Increasing the share of renewables in the electricity mix remains a challenge
Tightening market conditions and the growing use of renewable energy sources have created serious challenges for grid balancing. Weather-dependent renewables have become so widespread that, under optimal conditions, a significant portion of electricity needs can be met by them. However, the highly volatile nature of renewable sources makes it difficult to increase their share in the electricity mix, despite public procurement often favoring them.
Bitcoin mining and high-performance computing data centers serve as auxiliary technologies for clean energy production. They offer an alternative solution to energy storage, which can accelerate the global transition to renewable resources.
Common operational challenges of solar & wind power plants
Renewable energy producers that rely on weather conditions face production volatility, which poses significant challenges in power scheduling and often results in excess capacity. To participate in demand response tenders, renewable energy producers need to optimize their production and operations with high flexibility. Although public procurement agencies often favor renewable plants right after the initial investment, plants need to find alternative revenue streams once this period expires. This is also true for plants that have never received their energy permits and remain inactive.
The Enerhash Solution
Enerhash data centers are placed on-site as on-demand consumers that can provide a flexible load profile. The consumption can be adjusted entirely according to the needs of the power plant. A data center provides the flexibility that empowers power plants to leverage favorable market events, such as high market prices.
Since the consumption of the data center can be turned on and off anytime, configured in 3 kW increments, and scheduled ahead with hourly or minute precision, it can consume exactly the amount of excess capacity the power plant has.
Improve the gradient of your virtual power plant portfolio without a lengthy approval process of the board with a simple lease agreement.
Make the investment to integrate Bitcoin mining into your portfolio and let us take care of installation, operation, and maintenance.
Sell excess energy
Enjoy the benefits of quick and flexible demand response without having to make a major investment.