In this episode, Kyle Younker sits down with Hans Royal, founder of RP Energy and creator of the Compute Heat Rate (CHR), a new metric that measures the economic value AI data centers derive from electricity. 

Royal explains why AI workloads can justify power prices far above today's wholesale markets, how that changes assumptions about demand response and grid planning, and why not all data center loads are created equal. The conversation explores the growing role of data centers in electricity markets, the emergence of the Compute Heat Rate Dispatch metric, and how AI's willingness to pay for power could reshape investment in generation, flexibility programs, renewables, and grid modernization.

NPM is a leading data, intelligence & events company providing business development-led coverage of the global power, storage & data centre markets for the development, finance, M&A and corporate community.

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