CleanSpark is taking steps to expand its customer base to utilities and T&D globally. According to the company, utilities need to tame clean energy before it overwhelms an essentially 100-year-old infrastructure. Wind and solar power are continuing to grow rapidly; as of 2017 all renewable generation (including Hydro) was at 17%.
As of March 2018 it leaped to 21%, a clear acceleration. In fact, some project that by 2020 wind and solar energy production in the U.S. will double to approximately to 230 GW.
CleanSpark leverages Machine Learning powered cloud software to anticipate usage and intermittency whether the wind is blowing and the sun is shining or not, and manage conventional baseload power autonomously as well. The company aims to address this growing need to use its technology, honed in the microgrid space to allow green energy storage to act as a new baseload power source.
CleanSpark has proven smart-grid technology and has sold Microgrid, DER solutions and services to the U.S. Marine Corp, U.S. Consulate in Lebanon, and Macerich (one of the largest commercial REITs in the country), as well as colleges, factories and consulates worldwide. CleanSpark’s DER and microgrid systems are optimized via its mPulse software and controls package to collect, archive, and analyze data in real-time.
It achieved top 10 in Navigant’s Microgrid controls leaderboard, beating out GE, ABB, Eaton, and Lockheed Martin. CleanSpark can provide a complete solution, integrating electrical switch gear from Pioneer Custom Electric Product (acquisition pending Jan,1 2019) with their cloud-based software.
The company leverages machine learning to anticipate usage patterns by instructing PCEP electrical switches via their advanced micro-controllers to manage potentially scores of inputs and outputs, including bidirectional charge, and discharge of multiple battery arrays.
CleanSpark says that such a compelling integrated solution should appeal to utilities by providing a brand neutral and universal battery energy storage “on-ramp” combined with autonomous fast acting switches while reducing risk of battery technology lock in. The jury is still out on whether Lithium Ion is the solution, or if Zinc-air or Flow batteries attain primacy.
“With the acquisition of Pioneer CEP, we’ve secured a specialized, vendor agnostic hardware solution, which, when coupled to our proprietary adaptive controls platform, allows for a simplified business development model, ease of deployment and opportunity for rapid growth,” said Matt Schultz, CleanSpark’s Chief Executive Officer.
In fact, there could be any combination of the above and include physical storage schemes as well. Being vendor and power source agnostic, CleanSpark and PCEP can create a heterogeneous solution to best serve each utility’s different geographies, resources and capabilities.
“Traditional ‘hardware only’ solutions will now have locally controlled, AI-honed, cloud-based insights to improve energy-security, cyber-security and economic optimization,” added Schultz.