What is 24/7 carbon-free energy?
24/7 carbon-free energy (CFE) is achieved when every kilowatt of electricity consumption is powered by carbon-free sources – every hour of every day. The 24/7 CFE movement emerged as a response to the urgency of decarbonization and adoption of clean energy to mitigate the impact of climate change.
Who should use carbon-free energy?
Businesses, educational institutions, public entities, and energy providers that are committed to reducing their carbon footprint should consider committing to 24/7 carbon-free energy. Leading enterprises including Google, Microsoft, JP Morgan Chase, Iron Mountain and IKEA have already announced plans to adopt 24/7 carbon-free energy.
WHAT QUALIFIES AS CARBON-FREE ENERGY?
HOURLY-MATCHED
Electricity consumption is matched with CFE generation on an hourly basis, which helps connect clean energy purchases to underlying use.
LOCALLY PRODUCED
Clean energy is purchased on local and regional electricity grids where consumption occurs. This is crucial to drive electricity-related emissions to zero.
SOURCE-INCLUSIVE
Any carbon-free energy source can be used, including solar, wind, hydroelectric, geothermal, biomass, and nuclear.
24/7 CARBON-FREE ENERGY VS. RENEWABLE ENERGY CREDITS
Renewable energy credits (RECs) were an important first step on the road to decarbonization, but it’s not getting us there fast enough. To reach net-zero emissions faster, 24/7 carbon-free energy is the essential next step. Watch the video to learn more.
HOW CAN WE IMPLEMENT 24/7 CARBON-FREE ENERGY?
There are three approaches to achieving 24/7 CFE.
WHAT YOU NEED TO KNOW ABOUT 24/7 CARBON-FREE ENERGY
The 24/7 CFE Primer is a practical buyer’s guide for companies seeking to commit to carbon-free energy solutions. This paper covers topics such as evaluating energy needs, selecting energy sources, and factors to ensure success.
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The Gridmatic 24/7 Clean Energy Dashboard
The Gridmatic 24/7 Clean Energy Dashboard supports businesses committed to achieving their decarbonization goals. By providing real-time and continuous insights into energy consumption patterns and renewable energy sources, this data-driven approach ensures that organizations stay on track towards meeting their sustainability targets and effectively reducing their carbon footprint.
Gridmatic AI is Leading The 24/7 Carbon-Free Energy Charge
Our advanced, AI-enabled forecasting optimizes three core aspects of delivering 24/7 CFE.
PORTFOLIO OPTIMIZATION
Using the power of long-term forecasting, we construct a portfolio of 24/7 carbon-free resources to match customer load.
LOAD OPTIMIZATION
By forecasting supply needs, we can take advantage of load flexibility via curtailment or onsite generation.
HOURLY MATCHING
Short-term forecasting enables us to match intermittent carbon-free and dispatchable resources on an hourly basis.
A Practical Approach to Implementing 24/7 Carbon-Free Energy for a Data Center
This paper outlines how a pilot deployment may serve to provide data that can validate 24/7 CFE as a practical, effective solution for increasing the adoption of cleaner sources of energy.
24/7 Carbon-Free Energy Resources
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AI-Enabled Power Marketer Gridmatic and AVANGRID Partner to Deliver Carbon-Free Energy to Texas Businesses
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PJM to offer time-matched renewable energy certificates as demand for 24/7 coverage grows
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