3 ms·
An interesting thing is happening because of Colorado's new anti-flaring law. They are filling a shipping container with GPUs and dropping it off at well-sites
by ProcNetDev 6y ago
An interesting thing is happening because of Colorado's new anti-flaring law. They are filling a shipping container with GPUs and dropping it off at well-sites to mine bitcoins. Seems silly to me but apparently they think it will be profitable.
https://www.crusoeenergy.com/news-and-media/2020/1/10/denver-business-journal https://www.crusoeenergy.com/news-and-media/2020/1/10/denver...
- toomuchtodo 6y agoThere is a company (whose link I can’t find) who will drop a natural gas compressor and storage unit for capture and storage. Not sure if the economics work, but they’re making the attempt. Edit: Found it, Cryobox. Seems like a great way to monetize abandoned wells that are emitting methane. https://www.verdek.com/Nano-LNG-Station.htm https://www.verdek.com/Nano-LNG-Station.htm
- tomas789 6y agoBefore the natural gas enters a gas turbine it has to be pressurised. This takes some energy and it can be done beforehand. Power station generates electricity at times when it is expensive and compresses the natural gas when power is cheap. Compression usually takes around .8% of turbine power output.
- toomuchtodo 6y agoThe device my comment mentions is for compression and capture on site at a well where there is no pipeline or electric transmission infrastructure. The compressed natural gas is hauled by truck for export at a pipeline endpoint.