Slashing CO2Emissions-slashing compute clusters.
Big Picture
With AI demand surging, data centers are expected to eat up 8% of all global energy by 2030. Renewable energy developers simply can’t keep up. How will we power all this new compute without burning fossil fuels? By tapping into the gigawatts of stranded energy assets around the world, from oil field methane flares to curtailed wind power. It’s a huge energy supply and demand mismatch getting the fix it needs.
How it Works
Crusoe deploys modular cloud compute clusters right at the energy source, using otherwise unusable excess renewables and methane to power workload-intensive data centers. This unique data center siting maximizes energy resources and minimizes emissions. Whether in oil fields, where they avert CH4 emissions from vents and flares, or on solar and wind farms, where they optimize surplus clean energy, Crusoe makes wasted energy productive.
Unfair Advantage
Energy is the biggest driver of compute cost, and Crusoe has as close to $0.00 energy cost as anyone on the market. By squeezing value out of energy that has little value to anyone else, they’re able to sell cheap compute power to everyone from big, data-hungry enterprises to startups looking for affordable compute. This makes them a supplier of not only the cheapest compute, but also the cleanest.
07
Times more avoided CO₂e
than a solar array of equal size
CHASE LOCHMILLER CEO & CO-FOUNDER
Chase was previously a GP at Polychain Capital, a $1B fund investing in blockchain before which he was a quantitative trader.
CULLY CAVNESS PRESIDENT & CO-FOUNDER
Cully was previously VP of Finance at an oil exploration and production company.
Crusoe Energy Closes $505M in New Capital
Business Wire
Crusoe Energy is tackling energy use for cryptocurrency and data centers and greenhouse gas emissions
TechCrunch