In France, lawmakers have initiated a legislative proposal aimed at utilizing surplus electricity for Bitcoin mining over a five-year period, creating new revenue streams.
Solution for Surplus Electricity
Electricity producers often have to sell excess electricity generated on sunny and windy days at a loss due to insufficient storage capacity. The proposal envisions directing this surplus electricity directly to Bitcoin mining equipment, turning economic losses into profits. This flexible consumption model aims to smooth out grid fluctuations, reduce the frequency of reactor on-off cycles, and extend infrastructure lifespan.
Economic and Environmental Benefits of the Plan
According to the industry association ADAN, dedicating just 1 GW of capacity for mining could generate revenues of $100-150 million annually. The plan also contemplates utilizing the heat generated by mining equipment. By collecting warm air with heat exchangers, it can be repurposed for heating buildings, greenhouses, or industrial processes, thus adding value to electricity usage.
Prospects and Future of the Proposal
This model, proven technically feasible, is currently implemented in renewable energy contexts in Iceland, Norway, and Sweden. French lawmakers emphasize that following a similar path could grant the country a strategic advantage in the digital economy and revitalize idle factory areas. Should the process become law, the first facilities are anticipated to commence operations at the beginning of 2026.
The proposed legislation could have a significant impact on the country's energy and economy, creating new job opportunities and promoting more sustainable resource use.
