Energy Harbor announced that it has entered into a five-year partnership with Standard Power to provide clean, reliable, carbon-free electricity from its nuclear fleet to Standard Power’s new Bitcoin blockchain mining centre in Ohio. The company is a leading infrastructure service provider for advanced data processing companies and a leading hosting provider for blockchain mining companies. This climate-friendly agreement helps enable them to revitalise an abandoned Ohio paper mill into a state-of-the-art facility that brings new jobs to the region. It also enables the company to achieve its sustainability objectives by powering the Bitcoin blockchain mining centre with its clean, sustainable, locally generated nuclear electricity. The company will also be providing valuable reliability and stability to the transmission grid by completely shutting down operations when the electric grid and other Ohio customers need the power the most.
“We are happy to partner with customers who are focused on minimising their impact on the environment while driving a new clean energy future in our local Ohio economy,” John Judge, president and chief executive officer of Energy Harbor, said.”This is another example of the value we provide to our customers and communities as we continue our growth strategy across all sales channels within our retail business.”
“Bitcoin blockchain mining centres are energy-intensive, and we recognise our responsibility to build a more environmentally sustainable future,” Maxim Serezhin, chief executive officer at Standard Power, said. “We selected Ohio because of its low electricity costs with the availability of carbon-free sources of energy. By partnering with Energy Harbor, we have proactively structured our hosting capabilities to ensure that 100 per cent of the power associated with this facility is carbon-free.”
The company is a financially secure independent power producer and fully integrated retail energy provider focused on safe and best-in-class operations and financial performance. With its fleet of reliable generating resources, including substantial carbon-free generation, they are well-positioned for long-term value creation and competitiveness in a low-carbon future and are focused on enabling a growing customer and stakeholder base to meet their environmental, social and sustainability goals.