Octopus Energy has invested £200 million into Deep Green’s data centre heat re-use technology.
The technology will ensure that heat doesn’t go to waste and is used to provide free heat for energy-intensive organisations like leisure centres.
A public swimming pool in Devon was able to use Deep Green technology to slash its pool heating bill by over 60%.
Octopus Energy Generation chief executive Zoisa North-Bond said: “To tackle the energy crisis head-on, we need innovative solutions to unusual problems.
“By using excess heat from data centres to slash energy bills for communities across the UK, Deep Green solves two problems with one solution,” North-Bond added.
“We’re looking forward to rapidly rolling this out and positively impacting even more people as we drive towards a cleaner, cheaper energy future.”
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Deep Green founder and chief executive Mark Bjornsgaard added: “Placing data centres within the fabric of society transforms the waste heat they produce into a valuable resource that benefits communities.
“The data centre sector is rightly facing scrutiny about its growing energy demand and associated carbon emissions. Our data centres are highly energy efficient and support local communities with free heat.”