France, generating over 70% of its electricity from nuclear reactors, is facing production surplus issues. Lawmakers are considering Bitcoin mining as a solution for effective energy management.
Electricity in France
France heavily relies on nuclear energy which contributes over 70% of the country's electricity production. However, in 2024, it reportedly lost around €80 million due to unused electricity, highlighting the need for optimization in its energy distribution.
Bitcoin Mining as a Solution
Lawmakers argue that Bitcoin mining could become a flexible and scalable solution for managing energy surplus. This would allow the conversion of excess electricity into economic value.
Prospects of Technology Use
If the proposal is adopted, France could become a pioneer in utilizing blockchain technologies for energy system balancing. This approach allows viewing Bitcoin mining not merely as an industry but as an energy management tool.
The proposal from French lawmakers to integrate Bitcoin mining for managing energy surplus opens new avenues for the energy sector, demonstrating the potential for modern technologies to integrate into traditional industries.