News, research and events

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.

How green is your electricity? Granular Energy and partners launch hourly certificates project in Germany. Toby Ferenczi, co-founder of Granular Energy, commented: “It is essential that consumers can choose renewable energy over fossil fuels in a way that is credible and has a real impact in accelerating the transition to a carbon-free energy system. Hourly energy tracking creates a razor-sharp price signal for the technologies that deliver clean energy when it is most needed, such as energy storage.”

When it comes to clean hydrogen, a robust body of research consistently identifies a strong emissions accounting system for grid-connected electrolysis that espouses three pillars: additionally, deliverability, and hourly matching. These three principles are considered necessary to guard against substantial emissions increases and drive the deployment of truly low or zero emitting hydrogen projects. They have recently been adopted in the European Union for Renewable Hydrogen and are at the core of the ongoing debate in the United States as it defines the criteria to qualify for the clean hydrogen tax credit in the Inflation Reduction Act. How important are the three pillars for managing emissions? How can they be applied in practice? Can hydrogen projects that satisfy the three pillars be cost competitive? This webinar brings leading experts to answer these questions and more. Hope you can join us! You can access the recorded webinar here.

Acknowledgments: This work was funded by Princeton University's Low-Carbon Technology Consortium, which is funded by gifts from Google, GE, and ClearPath. The authors thank the referees for their timely and constructive feedback.
Data availability statement: The data that support the findings of this study are openly available at the following URL/DOI:10.5281/zenodo.7141069.
Author contributions: W R and J D J conceptualized the study. Q X developed the 24/7 CFE procurement model framework, and W R adapted it to study grid-based hydrogen production. W R performed the formal analysis visualization and investigation, and produced the figures. Q X and J D J provided oversight. W R drafted and finalized the manuscript. J D J reviewed and edited the manuscript.

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.

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.

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.

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).

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.

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.

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.

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.

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.

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.

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 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.

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.  

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.

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 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.