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?
Electricity consumption is matched with CFE generation on an hourly basis, which helps connect clean energy purchases to underlying use.
Clean energy is purchased on local and regional electricity grids where consumption occurs. This is crucial to drive electricity-related emissions to zero.
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.
ON-SITE CFE GENERATION
Businesses produce their own power through on-site means such as rooftop solar.
OPTIMIZING LOAD PROFILES
Businesses adjust flexible loads to the hours when CFE is higher. A thorough understanding of the grid mix is needed, which can make load profiles challenging to optimize.
THIRD-PARTY POWER PROCUREMENT
A CFE provider that specializes in portfolio and load optimization can help businesses achieve their energy decarbonization goals.
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.
"*" indicates required fields
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.
Using the power of long-term forecasting, we construct a portfolio of 24/7 carbon-free resources to match customer load.
By forecasting supply needs, we can take advantage of load flexibility via curtailment or onsite generation.
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
AI-enabled power marketer Gridmatic launches retailer to meet advanced energy needs of commercial customers
Gridmatic Retail leverages AI to offer the most advanced time matched renewables contracts in the industry Cupertino, CA, January 24, 2023 — Gridmatic, the industry-leading AI-enabled power marketer, announced today […]
AI-Enabled Power Marketer Gridmatic and AVANGRID Partner to Deliver Carbon-Free Energy to Texas Businesses
The partnership will accelerate Gridmatic’s growth in the ERCOT market Cupertino, CA, February 16, 2023 — CUPERTINO, Calif.–(BUSINESS WIRE)–Gridmatic, the industry-leading AI-enabled power marketer, announced today a two-year partnership with AVANGRID, […]
PJM to offer time-matched renewable energy certificates as demand for 24/7 coverage grows
Corporate buyers looking to ensure their energy purchases are carbon-free around the clock will soon be able to trade hourly renewable energy certificates on PJM’s generation registry at no extra […]
Join the 24/7 carbon-free energy movement
Get in touch to learn more about how we help you optimize returns and decarbonize the grid with 24/7 carbon-free energy.Contact Us