{"id":830648,"date":"2025-03-27T09:32:05","date_gmt":"2025-03-27T13:32:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\/"},"modified":"2025-03-27T09:32:05","modified_gmt":"2025-03-27T13:32:05","slug":"saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\/","title":{"rendered":"SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">SINGAPORE, March  27, 2025  (GLOBE NEWSWIRE) &#8212; <strong>SAIHEAT Limited (f\/k\/a SAI.TECH Global Corporation) (\u201cSAIHEAT\u201d or the \u201cCompany\u201d) (NASDAQ: SAIH, SAITW), is pleased to announce its participation in the 1CP (AEP\u2019s Critical Peak) program, a strategic initiative designed to reduce electricity costs for energy-intensive industries. This initiative aligns with SAIHEAT\u2019s mission to enhance operational efficiency and sustainability in the digital asset sector.<\/strong><\/p>\n<p align=\"left\">The 1CP program is modeled after The AEP Ohio Basic Transmission Cost Rider (BTCR) pilot program, approved by the Public Utilities Commission of Ohio (PUCO) as part of Electric Security Plan V (ESP V). This program enables select interval-metered customers to have their demand-based BTCR charges calculated based on their load during AEP\u2019s critical peak (1CP) instead of their monthly billed demand. By shifting demand-based charges to critical peak periods, qualified participants can optimize energy costs and improve overall profitability.<\/p>\n<p align=\"left\">By joining the 1CP program, SAIHEAT could gain access to a more cost-efficient energy pricing structure, allowing the company to strategically manage its power consumption during peak demand hours. This initiative is expected to lower operational expenses and further enhance SAIHEAT\u2019s position as an industry leader in sustainable, cost-effective mining and high-performance computing.<\/p>\n<p align=\"left\">\n        <strong>About SAIHEAT<\/strong>\n      <\/p>\n<p align=\"left\">SAIHEAT Limited (Nasdaq: SAIH) is a computing and energy operator dedicated to accelerating the realization of Sustainable Augmented Intelligence. Its computing division offers BTC joint computing power and AI cloud computing services, while its energy division provides liquid-cooled computing centers and small modular nuclear products.<\/p>\n<p align=\"left\">Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-NdUSV7t2Rfm4U1RFjFB-9D_znVztGa6AUB1JzSm26STKhFMHHwT8cV_BakomCn0_zsuqvfRwf6OPBQ48Bv22XyKTzkJ7sKWHJLc1y_HXdtY3POmyLc8hnAmRQdIEY5fEZn7cnbd3Leh4x5yk_VRuA7AH9-Y9i-e4L4sc9Lif3iY54D8Jne3-kfWIyWwLnvVJGzn_ELgKGz4R1SZHf_0X6nw4FJF_inXDYfmk-iEKecpDREAat8Q7xups9KZJNaqdxH5k-5oIDtQAI0C6mR-DRHsPkebAl8G8WTnRyXWI61a9DjV_iYwUEzUUGvOUnO1vsBd7IotLsKhZr39JDwFtpPysTyly9qvLjpD5vIfLaUg3G84xOQl7VgReHBZ5F_oz3hDraMp2OOQArcipOtSJB674qFu37boFwpdjDfpmph1krnfIk_90_PnFsgJiU-rJ-kZw7izNKufzHI-axbO8cUMM9Mwa-OjFc5Uv8TiZ4Zg0Wa_R7plKhN4_aJdJe9a\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.saiheat.com<\/a><\/p>\n<p align=\"left\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"left\">This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words \u201cbelieve\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cproject\u201d, \u201ctargets\u201d, \u201coptimistic\u201d, \u201cconfident that\u201d, \u201ccontinue to\u201d, \u201cpredict\u201d, \u201cintend\u201d, \u201caim\u201d, \u201cwill\u201d or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements include, but not limited to, statements concerning SAIHEAT and the Company\u2019s operations, financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. SAIHEAT cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions around the world including those discussed in SAIHEAT\u2019s Form 20-F under the headings \u201cRisk Factors\u201d, \u201cResults of Operations\u201d and \u201cBusiness Overview\u201d and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and SAIHEAT specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.<\/p>\n<p align=\"left\">\n        <strong>Media Contact<\/strong><br \/>\n        <br \/>pr@saiheat.com<\/p>\n<p align=\"left\">\n        <strong>Investor Relations Contact<\/strong><br \/>\n        <br \/>ir@saiheat.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjEyOCM2ODM3NzQ4IzIyMjQwNDg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MTkxNjg5NTctZmYwYi00OGU0LWJjMzAtNWM1NjA0MTU5ZGQyLTEyMzU2MDEtMjAyNS0wMy0yNy1lbg==\/tiny\/SAIHEAT-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) &#8212; SAIHEAT Limited (f\/k\/a SAI.TECH Global Corporation) (\u201cSAIHEAT\u201d or the \u201cCompany\u201d) (NASDAQ: SAIH, SAITW), is pleased to announce its participation in the 1CP (AEP\u2019s Critical Peak) program, a strategic initiative designed to reduce electricity costs for energy-intensive industries. This initiative aligns with SAIHEAT\u2019s mission to enhance operational efficiency and sustainability in the digital asset sector. The 1CP program is modeled after The AEP Ohio Basic Transmission Cost Rider (BTCR) pilot program, approved by the Public Utilities Commission of Ohio (PUCO) as part of Electric Security Plan V (ESP V). This program enables select interval-metered customers to have their demand-based BTCR charges calculated based on their load during AEP\u2019s critical peak (1CP) instead of their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830648","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) &#8212; SAIHEAT Limited (f\/k\/a SAI.TECH Global Corporation) (\u201cSAIHEAT\u201d or the \u201cCompany\u201d) (NASDAQ: SAIH, SAITW), is pleased to announce its participation in the 1CP (AEP\u2019s Critical Peak) program, a strategic initiative designed to reduce electricity costs for energy-intensive industries. This initiative aligns with SAIHEAT\u2019s mission to enhance operational efficiency and sustainability in the digital asset sector. The 1CP program is modeled after The AEP Ohio Basic Transmission Cost Rider (BTCR) pilot program, approved by the Public Utilities Commission of Ohio (PUCO) as part of Electric Security Plan V (ESP V). This program enables select interval-metered customers to have their demand-based BTCR charges calculated based on their load during AEP\u2019s critical peak (1CP) instead of their &hellip; Continue reading &quot;SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T13:32:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjEyOCM2ODM3NzQ4IzIyMjQwNDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining\",\"datePublished\":\"2025-03-27T13:32:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/\"},\"wordCount\":519,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxMjEyOCM2ODM3NzQ4IzIyMjQwNDg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/saiheat-announces-joining-1cp-program-to-optimize-energy-costs-for-bitcoin-mining\\\/\",\"name\":\"SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining - 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