Data Center Investment Conference (DICE): Southwest 2024

Our CEO, Chris Curry recently traveled to Phoenix to participate in a panel discussion at the Data Center Investment Conference (DICE): Southwest on April 3, 2024.  The title of the panel was "Optimizing your Data Center Operations and Reducing Downtime: Best Strategies to reduce risk and meet customer demands”

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It was a lively discussion covering a range of topics related to improving data center resiliency. Chris made two important points which resonated with the audience and spurred further discussion.

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The first was how Peak+ was uniquely positioned as a technology to help data center customers overcome utility-imposed caps on their electricity allocation.  Transmission and generation constraints limit the amount of electricity available for new data center builds and limits the ability of existing data centers to expand.  If data centers can lower their peak demand using Peak+’s evaporative pre-cooling technology, they can allocate more space for revenue generating servers.  For instance, Peak+ has a Phoenix based data center customer with  26 MW of capacity and with our technology, they are able to reduce their HVAC electric demand by 3.5 MW.  If taken advantage of, this is a 3.5MWs of additional server space all while helping their HVAC run more reliably.  

The second was to point out the importance of incorporating the energy<>water nexus and the relative price of scarce resources when considering water use, see video below:

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On Average, the price of a kWh is 12-20x the price of a gallon of water. If you can use less than 12 gallons of water to save a kWh then you are making a beneficial tradeoff between scarce resources.

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The Peak+ team also had a booth set up and we enjoyed meeting and discussing our technology with the many other people at the show. We look forward to more of these events in the coming months, hopefully we will see you there.