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PwrCor Working with Industry and Academic Leaders to Improve Energy Efficiency of Data Centers
PwrCor Working with Industry and Academic Leaders to Improve Energy Efficiency of Data Centers.
About this update from Pwrcor, Inc.
[{"type":"text","content":"\nNEW YORK, May 16, 2019 (GLOBE NEWSWIRE) -- PwrCor, Inc. (OTCQB:PWCO), an advanced technology company focusing on clean, renewable energy solutions for the Waste-Heat-to-Power, Geothermal, and Solar Thermal markets, is working with data center cooling industry and academic leaders to demonstrate that the wasted ultra-low-grade heat generated from data center electronics can now be converted into electricity using PwrCor’s proprietary engine technology.\n Data centers house servers and similar equipment that use enormous amounts of electricity.  In the process of powering the performance of the equipment, that electricity is subsequently transformed into large amounts of low-grade heat. In fact, more than 98 percent of electricity used to power the electronic equipment in data centers is shed as wasted low-grade heat energy.  Furthermore, additional electricity is required to cool the data center electronics to keep the equipment operating safely and at optimal performance. Data centers now consume over 3 percent of total global electricity production – and this consumption is expected to double every four years. Utilities are struggling to keep up with demand and data centers often find themselves without adequate power for expansion. Management believes its PwrCor technology is uniquely positioned to transform data center waste heat into useful electricity, thereby reducing demand for grid-provided electricity while also reducing the electricity needed for data center cooling.  The market is huge. Data center power consumption in the U.S. alone is expected to increase to 140 billion kilowatt hours within a year’s time.  The data center power market is growing at 6.9 percent CAGR and is expected to reach $10.8 billion by 2025. By converting a portion of the heat generated within data centers into electricity, the PwrCor technology can bend this growth curve, delivering substantial savings to data center operators. The demand for equipment to cool data centers is also growing rapidly, simply by virtue of the growth in the number and size of data centers.  Moreover, the market is also trending to the use of denser and faster chips to support High Performance Computing (HPC), Artificial Intelligence (AI), Edge Computing, Streaming Graphics, and the Internet of Things (IoT). In other words...