logo

Utility Grid Power Mining the Next Crypto Mining Opportunity

Grid Power Mining Opportunity

Utility energy mining, which allows early adopters to install containerized flow batteries to purchase off-peak power makes available for demand-side customers at a higher rate (basically arbitrage of energy rates). This is better than bitcoin crypto mining since it takes the leverage of utility demand pricing and flipping energy storage. Selling back to the grid doesn't make sense, but providing power modules next to large manufacturing or energy users makes lots of sense.

Cogen Battery for Mining

Cogen Battery

Please see the link below for our salt based cogen battery.

Cogen Battery for Mining

image

Tax Credits

Home Based Flow Battery: 10-100 kW

$35 x 10 kW = $350

$35 x 100 kW = $3,500

Commercial Flow Battery: 4 MW

$35 x 4,000 kW = $140,000

Utility Scale Flow Battery Bank:

$35 x 4,000 kW x 100 = $14,000,000

Note: The credit would apply to components produced and sold after December 31, 2022, and would begin to phase out starting in 2030. Access: Electrochemical cell comprised of one or more positive electrodes and one or more negative electrodes, with an energy density of not less than 100 watt-hours per liter (.1 kW/L), and capable of storing at least 20 watt-hours of energy.

Section 45X of the IRA which covers the Advanced manufacturing production credit. For makers of battery cells, it provides for $35 per kilowatt-hour (kWh)

Inflation Reduction Act of 2022 – New Tax Credits for Manufacturers of Clean Energy Equipment

CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP | PDF | IG | TWITTER