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Boulder, Colorado., July 13, 2021 /PRNewswire-PRNewswire/ – Corporate renewable energy procurement has played a key role in decarbonizing global electricity. The urgency of climate action has prompted leading companies to consider strategies such as hourly load matching to help accelerate the transition to a carbon-free grid.
inside Clean energy by the hour In the study, RMI assessed the cost and climate benefits associated with sourcing strategies that match buyers’ electricity needs with carbon-free energy supply every hour, across seven global electricity markets.
Research by this global non-profit organization found that, in the long run, hourly load matching strategies can help lay the foundation for a decarbonized grid. However, these strategies should be carefully tailored to the dynamics of the grid in a specific area to minimize emissions in the next decade.
“In order to take meaningful steps to decarbonize the grid, these procurement strategies must be aligned with science-based targets that reflect the need to decarbonize 50% by 2030,” said Mark Dyson, RMI principal.
Three of the report…
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