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re: Natural gas producers in TX paying people to take supply as prices sink deeper negative

Posted on 4/28/24 at 11:03 am to
Posted by billjamin
Houston
Member since Jun 2019
12887 posts
Posted on 4/28/24 at 11:03 am to
Most bit coin mining in Tx is installed pre-interconnection point. They were originally designed to run off wind and solar that were having to curtail and essentially just a way to run them at full utilization and make some money. The economics fluctuate though and it’s really up to the asset owner, nextera being the biggest, to decide where they can make money. And it’s not always the most economical to sell power on the wholesale market.
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