News, research and events

Keep up-to-date on the news, research and events emerging from within the 24/7 Carbon-Free Energy movement plus informative updates from the wider energy sector.

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Public panel on 24/7 CFE in Brussels: Eurelectric Power Summit
20th June 2023

Energy has been at the top of the political agenda for the last 12 months. Climate change, prices and security are just some of the major challenges faced by our sector, which are creating a new Balance of Power. One thing is certain, there is only one way forward: working together to enable unprecedented levels of clean and renewable electricity, transforming the past years’ challenges into opportunities to achieve Europe’s energy transition and security. Don’t miss the chance to discuss with top policymakers and industry leaders at #PowerSummit23. Join us on 20-21 June, 2023 in Brussels.

Carbon-Free 24/7 Energy Compact - Community Platform Launch and Workshop
15th March 2023

We are excited to share the launch of the new 24/7 Carbon-Free Energy Community Platform, hosted on Hivebrite, a new tool and dedicated space offered to all our signatories for collaboration and knowledge sharing within the community. The Community Platform will allow members to post useful resources and content, including energy regulatory updates, networking and job opportunities, thematic discussions and much more. The workshop included a short introduction, a specific tutorial on how to navigate and get the best out of the Community Platform, and a short panel discussion with five of our key signatories. You can access the recorded webinar here.

Survey on Need for GHG Protocol Corporate Standards and Guidance Updates.
13th March 2023

Greenhouse Gas Protocol is starting a process to collect stakeholder input to understand the need, scope, and potential approaches to inform updates or additional guidance related to GHG Protocol’s Corporate Standard, Scope 2 Guidance, Scope 3 Standard, and supporting documents.  
All responses must be submitted by March 14, 2023 through the online survey form.

24/7 hourly energy matching: Transparency and traceability is key
13th February 2023

More corporates are responding to climate change by pledging to use clean energy. Rather than just annually matching their emissions with clean energy, some companies are taking a more proactive approach by sourcing clean energy to match the amount of energy they use on an hourly basis. The key to this strategy is providing verifiable and transparent proof of the renewable energy generated at source.

Electricity market – reform of the EU’s electricity market design (consultation)
12th February 2023

This consultation is mainly addressed to representatives of ministries and public authorities, national regulators, Transmission System Operators, Distribution System Operators, Market operators, companies conducting business in the energy sector, industrial consumers and associations, NGOs, etc. Deadline: 13 February 2023 (midnight Brussels time).

IEA Advancing Decarbonisation Through Clean Electricity Procurement
1st February 2023

The report aims to guide corporates in choosing impactful ways to procure clean electricity. It also highlights the roles of policy makers, regulators, system operators and network owners and operators in increasing the availability and impact of corporate procurement options. The final chapter offers targeted recommendations for different stakeholder groups.

Achieving 24/7 Renewable Energy by 2025: Peninsula Clean Energy
1st February 2023

In December 2021, Peninsula Clean Energy published “Our Path to 24/7 Renewable Energy by 2025.” That white paper explained the importance of matching hourly supply with demand. It introduced our vision for 24/7 renewable energy and outlined at a high level how we are planning to achieve it by 2025.

System-level impacts of 24/7 carbon-free electricity procurement in Europe
1st February 2023

In this study, there is investigation of both the means and costs of pursuing different clean electricity procurement strategies for companies in a selection of European countries. We also explore how the 24/7 clean energy procurement affects the rest of the European electricity system.

Achieving 24/7 Renewable Energy by 2025 by Peninsula Clean Energy
23rd January 2023

24/7 renewable energy can be achieved at costcompetitive rates, while achieving the expected benefits of reducing emissions, and providing wider benefits to the grid.

Clean Power Is the First Domino
11th November 2022

An insightful op-ed, co-signed by Damilola Ogunbity, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy, and Kate Brandt, Chief Sustainability Officer at Google, on the importance and benefits of 24/7 Carbon-Free Energy Compact.

C40, Arup, Nucor Corporation, Xcel Energy latest signatories of 24/7 Carbon-Free Energy Compact
8th November 2022

The global movement to decarbonize the world's electricity systems has been further strengthened today when organizations and industry leaders committed to meaningful climate action became the latest signatories of 24/7 Carbon-Free Energy Compact.

Collaborative action to achieve 24/7 Carbon-Free Energy
15th September 2022

Full decarbonization of electricity systems is the linchpin to mitigating climate change. It has the potential to eliminate nearly 50% of global greenhouse gas emissions. This report is a building block towards a more comprehensive roadmap to advance these goals. The report is the outcome of two three-hour intensive deep dive sessions with more than 65 people representing 50 companies and organizations including energy buyers, suppliers, governments, system operators, solutions providers, investors and other signatories of the Compact.

24/7 Carbon-Free Energy for cities
7th July 2022

24/7 Carbon Free-Energy offers a holistic approach to managing energy and the transition away from fossil-fuel power systems, which requires cities to change how they manageelectricity demand and supply. The C40 Knowledge Hub contains a range of resources and insights from leading climate cities, capturing the case for action, the most impactful and practical steps to take and how to implement them.

Can 24/7 Carbon-Free Energy disrupt the power industry?
Aerial view of buildings with solar panels on roof
22nd May 2022

24/7 Carbon-Free Energy is one of the buzzwords whizzing around in the energy industry. This article explores that 24/7 Carbon-Free Energy is much more than an ambitious goal, and argues that the path of 100% decarbonization, can be considered a disruptive technology within the energy industry.  

Unlocking East Asia with 150MW fishery solar project in Taiwan
Solar panels from aerial view
15th May 2022

Lightsource bp has launched in East Asia, supporting a 150MW fishery solar project in Taiwan in cooperation with local company Green Rock Energy. The project is Lightsource bp’s first fishery venture and will support the local aquaculture industry while backing Lightsource bp’s target of 25GW of solar by 2025.

ENGIE Energy Access innovate plan at financing universal access to electricity
Man and woman looking at laptop together
8th May 2022

To accelerate energy access for Sub-Saharan Africa, ENGIE Energy Access and the Energy Web Foundation are revolutionizing financing methods through the usage of cryptocurrency and blockchain technology. This is set to accelerate sustainable electrification in Africa.

Energy storage is key to unlocking renewable power's full potential
Solar panel with sunset in background
3rd May 2022

Energy storage is going to be a quintessential part of the new power system architecture states WBCSD, as it not only helps to balance out the variability in generation but could also enable consumption of self-generated renewable power by consumers and reduce the need to feed excess electricity back into the grid.

A deeper dive into 24/7 Carbon-Free Energy
An aerial view of a boat approach a wind turbine in the ocean
3rd April 2022

Tech giants and startups are chasing more precise data to make the grid cleaner by the hour — and asking governments and regulators to catch up. The EnergyTag initiative released standards designed to lay the groundwork for a global system that tracks and trades clean energy on an hour-by-hour basis — in other words, a standard for 24/7 Carbon-Free Energy.

Why does the world need 24/7 Carbon-Free Energy?
Woman taking care of cypress plants
13th March 2022

In April 2021, AES and Google partnered together to launch a first-of-its-kind 24/7 Carbon-Free Energy solution. Through this partnership, AES and Google set a new standard for corporate sustainability and created a roadmap for other organizations to accelerate the transition to a 24/7 carbon-free future.

What’s better for a net zero future?
An industrial building
3rd March 2022

The European Union has recently decided to classify nuclear energy as a green energy source. But the question remains: is nuclear energy truly carbon-free? This article takes a look at both sides of the debate and explores the pros and cons of whether nuclear power could provide a short-term solution for a stable source of baseline, low-carbon energy.