Digital Power Optimization, Inc.

NEW YORK, April 11, 2024 /PRNewswire/ -- Digital Power Optimization, Inc. ("DPO"), a developer and operator of green data centers, today announced a new partnership with Schneider Electric, a leader in the digital transformation of energy management and automation, to design, construct, and deploy modular AI data centers behind the meter at multiple Texas wind farms. Together with Schneider Electric, DPO will customize modules for deployment at utility-scale wind sites to support its recently announced 100 MW PPA and related data center buildout. Read more at the link below... #energytransition #AI #datacenters #windenergy #energysolutions #renewableenergy https://lnkd.in/eTfPQ7kH

NEW YORK, March 21, 2024 /PRNewswire/ -- Digital Power Optimization, Inc. ("DPO") announced its acquisition of a controlling interest in a second U.S. hydroelectric facility via its Cascade Digital Power ("Cascade") subsidiary. The purchase was funded by an affiliate of Aegon Asset Management Real Assets. Cascade has been managing a hydroelectric power generation facility in Hatfield, WI since early 2022 on behalf of institutional investors. DPO has dramatically boosted revenues at the Hatfield site by developing and managing a co-located behind-the-meter data center. Read more below... #hydropower #hydroelectricity #renewableenergy #energy #energysolutions https://lnkd.in/ePDC87Bf

DPO is thrilled to be a part of this transaction with these outstanding partners. The Sustainable Bitcoin Protocol team has created a real-world economic incentive for the use of renewable energy to power Proof-of-Work computing and DPO is pleased to be creating incremental value for our various renewable clients using this innovative system. We thank Acacia Digital Holdings for their investment to drive the sustainability of this ecosystem! #renewableenergy #proofofwork #bitcoin #greenenergy #datacentersolutions #datacenters

Apparently it makes sense to build data centers right on-site at clean power plants. Who knew? 🤷♂️ DPO is helping owners of wind, solar, and hydro plants take advantage of this trend every day. #hpc #ai #nuclearpower https://lnkd.in/gZyDiUZE

NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Digital Power Optimization, Inc. ("DPO") a developer and operator of green data centers announced the binding execution of a power purchase agreement with a major, multinational producer of renewable energy (the "Seller"). The Seller owns a number of large renewable power assets, including multiple 150MW+ wind farms in Texas. Under the new power purchase agreement, DPO and the Seller expect data center deployments to reach 100MW in total size and extend across as many as six of the Seller's Texas wind assets. Unlike most traditional computing facilities procuring clean power through virtual PPAs or offsets, DPO's data centers will draw power behind the meter, directly from the renewable wind generation facilities. Read more at the link below. #renewableenergy #datacenters #ai #energysolutions #datacentersolutions #datacenterinfrastructure #energy https://lnkd.in/etp2J_Qt

This is a fantastic Utility Dive article on some stunning updates to load growth forecasts. A few excerpts below: - US electricity load growth forecast jumps 81%, led by data centers. - Reports filed this year with the Federal Energy Regulatory Commission show grid planners expect nationwide electricity demand to grow 4.7 % over the next five years — while 2022 estimates called for just 2.6% growth. - The electric grid “is not prepared for significant load growth,” the report concludes. “Low transfer capability between regions is a key risk for reliability if load growth outpaces deployment of new generation in some regions.” DPO's view: if we want to keep building data centers, we're going to have to start doing so in locations that make the most sense. A lot of the power is already available, if you look in the right places! #datacenters #energy #energysolutions #computing #highperformancecomputing #ai #renewableenergy https://lnkd.in/eJetyXKe

Power price volatility is going up because there isn't enough transmission. This is a slide we created for a recent deck which relies heavily on the outstanding work done by Chris McCarthy and the NextEra Energy Resources Markets Analysis team. Chris recently presented this chart (red emphasis is DPO's) at the American Public Power Association (APPA) Business & Financial conference in Phoenix and we felt it was an excellent representation of the various IRA incentive categories. While an enormous positive for the development of new renewable assets and storage, the missed opportunity to significantly ramp transmission infrastructure spending will be costly. With the PTC (rather than the ITC) now available for solar (and extended for wind) there will be a LOT more negatively-priced hours in even more energy markets, and likely more expensive peaks during periods when intermittent resources come up short. Without better transmission to get the power to where it is needed, congestion, curtailment, and other inefficiencies will unfortunately only increase. Meanwhile, we at DPO feel it makes perfect sense to bring viable computing loads to the power, rather than the other way around. Not all loads need to be at the wrong end of a strained transmission system...let's accommodate rapidly-growing data center demand in the right places when we have the opportunities to do so. #energy #datacenters #computing #PTC #ITC #HPC #AI #energytransition #energyefficiency #energytransmission #renewableenergy

Huge amounts of our electricity produced today is WORTHLESS, and in fact, is often sold at negative prices. And the problem is getting worse. We recently made this slide using Berkeley Lab's outstanding Renewables and Wholesale Electricity Prices tool (https://lnkd.in/e4NDCzhz). It allows you to easily see the rapidly increasing negative power values across ever larger swaths of the U.S. More transmission and storage capacity is urgently needed, and utilizing some of this power to operate behind-the-meter data centers in accommodation of growing computing demand is practically a no-brainer. Where else would you rather it run? #energy #energytransition #computing #HPC #AI ERCOT Southwest Power Pool Midcontinent Independent System Operator (MISO)

On September 6th, ERCOT power prices hit $5,000 per MWh. Flexible data centers shut down and released 1.8 gigawatts into the grid just when Texas needed it most. Probably not a bad idea to build more of this stuff alongside intermittent renewables. 🤔 The blue area is power consumption by Large Flexible Loads, and the grey line is power price. It's amazing to see this play out in the wild just a few years after flexible data centers first came to Texas at scale. Thanks to ERCOT, Evan Neel, Shaun Connell and Glyn Jones for the info.

Bitcoin mining and artificial intelligence are big power users -- but can the datacenters supporting them also become balancing tools for the grid? Tune into the latest episode of Energy Evolution, where I discuss this with mining start-up founder Andrew Webber, professor of electrical and systems engineering Benjamin Lee and data center analyst Jonathan Schroth, CFA 🎙 https://lnkd.in/dcRzUJQZ