Type to search

Voltus and Coinmint Partner to Reduce Energy Consumption and Bolster Grid Reliability

Blockchain Crypto Energy Environmental ESG News

Voltus and Coinmint Partner to Reduce Energy Consumption and Bolster Grid Reliability

Avatar photo

Voltus, Inc. (“Voltus”), the leading distributed energy resource (DER) software technology platform, and Coinmint, LLC (“Coinmint”) a leading blockchain data center companytoday announce they are supporting grid reliability by delivering 100 megawatts (MWs) of demand response to the New York Independent System Operator (NYISO).

Located in Massena, New York, Coinmint’s operating subsidiary, North Country Colocation Services Corp., operates a facility run almost exclusively by hydroelectric power and achieves an energy mix that is estimated to be 99% renewable. This is consistent with Coinmint’s focus on environmental, social, and governance (ESG) best practices.

“At Coinmint, we are focused on being a responsible energy partner to New York State, and Voltus’s innovative platform allows us to deliver load flexibility to NYISO, supporting grid reliability,” said Ashton Soniat, CEO of Coinmint. “Voltus can remotely reduce our electricity consumption nearly to zero, helping to keep the homes and communities around us fully powered. We want to continue to give back to the community and work hand-in-hand with the great New Yorkers that have welcomed us to their state.”

See related article: Data Gumbo Launches Industry-Grade Smart Contract Marketplace, GumboStore

“Coinmint’s New York data centeris integrated directly into the grid using the Voltus platform,” says Gregg Dixon, Voltus CEO and Co-founder. “Our technology allows blockchain data center companies like Coinmint to operate more efficiently and diversify their offerings, while also furthering their ESG goals by providing critical local electricity support.”

The Voltus software platform connects DERs to electricity markets, maximizing the availability of these resources to grid operators. Voltus is the only DER software platform integrated into all nine US and Canadian wholesale power markets. Voltus works with some of the world’s largest energy consumers and blockchain data center companies, connecting all types of DERs to the grid, including electric vehicles, data mining computers, back-up power sources, and almost any device with a battery.

Source: Voltus

Avatar photo
ESG News

ESG News provides full-length coverage of ESG events, trends, policies and thought-leaders shaping business today.

  • 1

Leave a Comment

Your email address will not be published. Required fields are marked *