Energy technology firm Lancium has broken ground on its flagship Clean Campus in Abilene, Texas that will be home to several industries powered by low-cost renewable energy.
The campus, more than 1,000 acres, will be built in phases over the next several years.
"What's so exciting is that unlike other large-scale power users, the applications that will be located on our Campuses can operate flexibly. This means instead of just being a large power consumer, working with ERCOT we can return power to the grid when it's needed most," said Michael McNamara, co-founder and chief executive officer of Lancium. "Our customers benefit from green, low-cost power while strengthening the power grid at the same time. This is a win-win. And we will continue to partner with the Abilene community as we develop our site."
Once the Abilene Clean Campus is operational, it will also operate as a controllable load resource.
"The location of our Clean Campus facilities, paired with our groundbreaking Lancium Smart Response™ technology provides an attractive location for large power users," continued McNamara. "We have received interested from a number of potential customers in locating at our Clean Campus sites, and we look forward to incorporating these other applications into our site plans as we build out the campus."
Lancium said additional partners are coming on board, with bitcoin miners and computing service providers among them.
"Lancium's development is a tremendous opportunity to ensure the viability of the community through the diversification of our economy," said Misty Mayo, President and Chief Executive Officer of the Development Corporation of Abilene (DCOA). "This opportunity to bring well-paying quality technology jobs to our community is one of the many ways we are continuing to build a better future for the families of Abilene."
Lancium Clean Campuses are built at critical points on the transmission system that are often overwhelmed with renewable energy, and Lancium's Smart Response™ software enables Clean Campuses to function as Controllable Load Resources (CLRs) to the electrical grid.