MP2 Energy: Lancium And MP2 Energy Offer Unique Energy Demand Response Solution For High-Throughput Computing And Cryptocurrency Miners

HOUSTON, June 19, 2020 /PRNewswire/ -- Lancium , a data center technology company, and MP2 Energy, a wholly-owned subsidiary of Shell Energy North America (US), L.P., today announced the first successful load-only Controllable Load Resource (CLR) designation by the Electric Reliability Council of Texas (ERCOT). While available since 2004, achieving this designation is a first in ERCOT for a load only and without generation. Power consumption can be the single largest expense for companies that play in the High-Throughput Computing (HTC) space, like machine learning, cryptocurrency mining, and fluid simulations, and this energy optimization option can significantly reduce those costs."As demand response pioneers, we are thrilled to partner with MP2 on this breakthrough achievement," said Lancium CEO, Michael McNamara. "Lancium has been dynamically ramping server power consumption for years. Being the first designated CLR is a testament to our technical and IP leadership."High-Throughput Computing data centers are electricity intensive and energy demand from these ...Full story available on Benzinga.com