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2024-07-25 17:44:23

CodingInLondon on Nostr: If you filter this article down to the informative bits, you could summarise it like ...

If you filter this article down to the informative bits, you could summarise it like this:

“Paraguay’s government acknowledges the benefit of mining surplus energy from hydro instead of selling to Brazil at an arbitrary low rate fixed by a historical decree. However it wants the miners to operate with a license and currently some miners don’t.“

The fact that a government wants a specific activity to be licensed is not the interesting story here.

The interesting story is that Paraguay is an illustration of a wider opportunity for all energy producers around the world: the ability to monetise surplus energy.

Other examples of countries monetising surplus from hydro: Buthan, Ethiopia, Canada, Kenya, Congo

https://x.com/laurieablair/status/1813991645635096868
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