CleanSpark Releases Best-in-Class Distributed Energy Modeling Tool
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CleanSpark, Inc. (OTC :CLSK ), (The Company), a microgrid company with advanced engineering, patented software and controls for innovative distributed energy resource management systems, announced that it has released the advanced beta of version 2.0 of the company's proprietary mVSO system.
CleanSpark's mVSO, (Microgrid Value Stream Optimizer) is a modeling and optimization tool designed to assist in the selection, sizing, interconnection, and dispatch of a wide spectrum of cutting edge DER (Distributed Energy Resource) systems. The Company's mVSO 2.0 delivers flexible system optimization using advanced analytics and big data principles including mixed-integer linear programming, predictive analytics and parallel computing to provide the ideal mix of the distributed energy benefits the Company's customers care about, including:
- Cost Savings / Revenue Generation
- Sustainability / GHG Reduction
- Energy Security / Resiliency
The industry knows that optimizing a single DER technology on a single meter generally requires an expert. Optimizing multiple DERs requires deep industry knowledge and substantial effort. Optimizing multiple DERs across multiple meters and tariffs is exponentially more challenging and requires advanced algorithms to navigate the myriad of potential solutions. This is why the Company developed mVSO 2.0 and currently utilizes it inhouse to design its current and future projects.
The Company's mVSO 2.0 software can model both simple and extremely complex systems and significantly reduce the time and capital required for initial engineering and modeling. The Company is seeking to identity advanced users such as engineering firms and energy developers with an interest in licensing the software to streamline their processes and increase profitability. The Company expects to release the final version to its customers once Beta testing is completed, which it expects to conclude during the first quarter of 2019. The platform is flexible enough to design systems for almost any application but industries that will gain the largest benefits include:
- Commercial and Industrial Campuses
- Retail Shopping Centers
- Multi-Family Developments
- Energy-intensive indoor and outdoor controlled distribution agricultural facilities
"The ability to accurately model the long-term economics, system optimization, detailed incentive analysis and integration of multiple nodes into a single, distributed energy ecosystem has been very problematic and time consuming if not impossible to this point within our industry." Stated Billy Gamboa, CleanSpark's Director of Analytics. "Properly sizing systems to meet the exacting standards of our clients regarding energy security, sustainability and cost-savings or revenue generation has allowed us to create strategic relationships throughout a broad cross-section of both vendors and end-users. These relationships should ultimately generate long-term revenue streams for the company within all divisions of our business, including operational software license and shared savings revenues," concluded Gamboa.