Energy Vault Partners with RackScale to Power Data Centers

Energy Vault and RackScale Data Centers Collaborate for Power Solutions

Energy Vault Holdings Inc. (NYSE: NRGV), recognized for its advancements in sustainable, grid-scale energy storage solutions, has forged a strategic partnership with RackScale Data Centers (RSDC), an innovative data center developer. This collaboration is set to pave the way for the rapid delivery of a remarkable 2GW of firm, primary power to various data center sites crafted by RSDC. At the core of this initiative is Energy Vault's pioneering B-Nest™ hyperscale battery energy storage system, which aims to commence construction at selected data center locations in the near future.

The Innovative B-Nest™ Energy Storage Solution

The B-Nest™ system is a cutting-edge, multi-story structure designed to optimize the housing of batteries for on-site energy storage, particularly in areas where space is at a premium. This innovative design is capable of storing up to 1.6GWh of energy per acre, which means it significantly enhances energy density compared to traditional ground-mounted Battery Energy Storage system (BESS) setups. With such high energy density, the B-Nest can effectively provide data centers with uninterrupted power supply for over 10 hours. By pairing this solution with an interruptible utility power contract, RSDC can guarantee reliable power delivery during peak demand periods, thereby accelerating development timelines for data center projects.

Addressing the Power Demand Curve

The current surge in demand for new data center constructions has led to prolonged wait periods for these facilities to gain access to firm grid power from local utility providers. As utilities strive to expand their generation capabilities to meet increased power requirements, interconnection wait times for data centers can exceed five years. This ongoing challenge particularly affects urban areas, which experience both high demand for data center services and significant utility grid congestion.

Benefits Beyond Basic Power Supply

Through the strategic alliance between Energy Vault and RackScale, they plan to deploy an impressive 2GW/20GWh B-Nest infrastructure that allows a rapid expansion of their energy capabilities. Moreover, being involved in demand response programs with local utilities enables RSDC to gather additional revenue. These demand response opportunities not only generate income but also contribute to grid stabilization while supporting local utilities as they pivot towards renewable energy solutions for the data center sector.

The Future of Data Centers

According to insights from research firms, the power requirements for data centers are projected to skyrocket by an astounding 160% by the end of the decade, significantly propelled by the needs of Artificial Intelligence applications. At present, data centers account for approximately 1-2% of the total power consumption globally, a figure expected to rise past 4% as we approach 2030. This burgeoning demand for dependable and affordable clean energy poses a pressing challenge, particularly across regions in the US and Europe.

Leadership Insights

Marco Terruzzin, Chief Commercial and Product Officer at Energy Vault, emphasizes the urgency of integrating renewable energy solutions to accommodate the escalating demands of data centers. He states, "With the rapid increase in power demand from the rise of the data center sector, it is absolutely essential that renewable energy generation and storage become key points of focus to power the AI data center boom. Through our partnership with RackScale Data Centers, we will deliver our revolutionary B-Nest battery energy storage system technology and establish a solid model for the industry.”

In agreement, Trent D’Ambrosio, CEO of RackScale Data Centers, positions this partnership as a pivotal force in their strategy for developing advanced data centers. He expressed enthusiasm regarding the B-Nest system's capabilities and its role in expediting grid interconnections and enhancing on-site power generation to align with the requirements of their data centers.

Launching B-Nest™ from Energy Vault

This collaboration not only signifies an operational partnership but also marks the official launch of Energy Vault’s latest energy storage innovation, the B-Nest. The product was unveiled alongside Energy Vault’s B-VAULT™ suite, which comprises fully-integrated battery energy storage systems prioritized for flexibility and reliability. This design innovatively addresses space constraints faced by many data center developers and leverages existing infrastructure for optimal energy delivery.

The B-Nest solutions have been constructed with an unwavering commitment to safety standards and regulatory compliance, ensuring minimized risks while optimizing financial returns for users. Furthermore, the B-Nest systems will operate through Energy Vault’s proprietary VaultOS Energy Management System, designed for comprehensive control and optimization of energy storage functions.

Conclusion on Energy Storage Advancements

Marco Terruzzin further remarked, "The B-Nest will be a major leap forward for the data center sector, and we are incredibly excited to bring it to market in partnership with RSDC. With this innovative technology, we’re keen to empower data center developers with the robust energy solutions that they desperately require.”

About Energy Vault

Energy Vault continues to revolutionize utility-scale energy storage solutions aimed at reshaping sustainable energy practices worldwide. Their product offerings include proprietary gravity-based technologies, battery storage solutions, and green hydrogen systems. Supported by advanced energy management software, Energy Vault provides customized energy storage solutions that assist utilities and large energy users in lowering energy costs while enhancing service reliability.

About RackScale Data Centers

RackScale Data Centers is leading the charge in providing high-performance computing and AI solutions, emphasizing scalability and sustainability in their operations. Their data centers are strategically placed to ensure peak performance and energy efficiency, supporting enterprises in scaling their AI and HPC workloads while remaining committed to environmental stewardship.

Frequently Asked Questions

What is the focus of the partnership between Energy Vault and RackScale?

The partnership aims to deliver 2GW of firm power to data centers, leveraging innovative energy storage solutions like the B-Nest™ system.

What does the B-Nest™ system offer?

The B-Nest system provides enhanced energy density, capable of storing energy for over 10 hours, which enables rapid power delivery to data centers.

Why is there a high demand for data centers?

Increased reliance on digital services, particularly from AI, is driving a substantial rise in data center power requirements, expected to grow by 160% by 2030.

How does the partnership benefit local utilities?

Through demand response programs, RackScale can stabilize the grid while helping utilities increase their renewable energy outputs.

What types of energy solutions does Energy Vault provide?

Energy Vault offers a range of sustainable storage solutions, including gravity-based systems, battery storage options, and green hydrogen technologies to support clean energy transitions.

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