The Problem We Solve

In recent years, the rapid installation of renewable energy has caused instability of grid equilibrium, power outages are happening more often. Simultaneously, the advancements in AI have fueled a surge in demand for electricity, with AI applications doubling their computational power requirements every three months and nearly tenfold every 18 months. This exponential growth has put a strain on the global energy system.

Grid instability is happening more and more

We currently face two significant energy challenges:

1. Power Shortage: Increasing energy demand, driven by widespread AI applications that consume large amounts of energy.

2. Grid Instability: The need for carbon neutrality, which requires the use of clean but often unstable renewable energy sources, leading to grid fluctuations.

To tackle these challenges, it is essential to interconnect energy devices into a virtual power plant (VPP) for unified scheduling. To better understand the reason behind, we can compare unstable renewable energy sources to monsoon. Monsoon annually brings flood and drought, while photovoltaics panels daily brings “flood” in the daytime and “drought” at night. To control and manage the monsoon, human build dams to “stablize” water. And now we build VPP as dams to “stabilize” electrons.

Now, the question becomes how to build more and big “electron dams”! Starpower addresses this problem by aggregating underutilized energy resources (such as EV, Batteries, cryptocurrency miners). These energy resources form a decentralized energy network, enabling engineers to obtain vast power in an easily accessible, customizable, cost-effective system. Since these energy resources are quite decentralized, we believe Web3 is the most efficient way to build “electron dams” globally.

VPP=Dam