Business Overview

Agile Energy X has created a scheme for using variable renewable energy, etc. for distributed energy resource facilities including distributed computing systems, and flexibly creates electricity demand in response to renewable energy generated.

This enables the effective utilization of electricity that had previously led to suppression of generation as surplus. Also, we aim to promote the local production of electricity for local consumption by exposing additional clean energy resources including local renewable energy that is not being utilized due to problems with business profitability.

Distributed computing enables the flexible creation and suppression of demand by operating computers according to the times and spaces where surplus electricity is generated due to enabling detailed execution of complex computational tasks with multiple computers distributed in remote locations connected to a network.

Furthermore, among distributed computing, cryptocurrency mining in particular, has the characteristics of being very flexible for creating demand because the starting and stopping of computation can be freely controlled due to the unique business format of having no direct customers. In addition, it also has the benefit of highly flexible installation due to not requiring　communication lines, and only requiring simple ancillary facilities such as air conditioning.

Meanwhile, some have pointed out the increased environmental burden caused by power consumption due to the expansion of cryptocurrency mining on a global scale.

Agile Energy X will conduct business promoting carbon neutrality by resolving the grid constraints associated with increasing the amount of renewable energy introduced through the enhancement of adjustment measures utilizing the characteristics of computers consuming large amounts of electricity.