18Jan
Germany spends €750 million out of taxpayer pockets to pay energy producers to compensate for curtailment. Instead, energy producers could be making over €1 billion monetizing curtailment #Germany #spends #million #taxpayer #pockets #pay #energy #producers #compensate #curtailment #energy #producers #making #billion #monetizing #curtailment
Germany spends €750 million out of taxpayer pockets to pay out electrical power producers to compensate for curtailment. Rather, energy producers could be earning more than €1 billion monetizing curtailment
https://reddit.com/r/Bitcoin/remarks/10ddnb3/germany_spends_750_million_out_of_taxpayer/
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Comments (8)
ICYMI, I wrote [here](https://np.reddit.com/r/Bitcoin/comments/xer6rz/brace_yourselves_for_the_upcoming_campaign/ioieugn/) about this few months ago
Kudos to Christian Kläger of [Terahash Space](https://twitter.com/terahash_space) for pioneering the energy revolution in Germany
It’s the electrical grid version of utilizing flare offs at oil fields to generate energy for Bitcoin mining.
I approve.
Wow, he’s been truely orange pilled. This piece did a good job summarizing BTCs ability to stabilize the grid , something the mainstream media usually ignores
Bitcoin and hydrogen or “3 season industry”/desalination are all needed to expand renewables to 100% of our energy production. Without a way to monetize surpluses, there is an economic limit to how much renewables you can add… government payments for wasting production is not sustainable monetization or useful.
absolut korrekt! Er hats verstanden und weiter so🙏🏼👏
Germany has long since decided against doing what’s economically sound
These days it’s all about ideology, not about what actually is and how things are
Thanks for the post
Another “brilliant” waste of taxpayers’ money.
everyone loves the oil