A consortium that includes Meta, Broad Reach Power, and REsurety has formed with a goal to maximize the greenhouse gas reduction potential of energy storage technologies.
The Energy Storage Solutions Consortium’s aims to create an open-source, third-party-verified methodology to quantify the GHG benefits of certain grid-connected energy storage projects, the companies said. The tool could then be used by organizations to help credibly reach their sustainability goals.
Vera, a third party, will be used to verify the standard through the Verified Carbon Standard Program. Once completed, the tool would be the first verified methodology to quantify the emissions benefits of large-scale energy storage facilities.
Peter Freed, Meta’s director of energy strategy, said the company has already reached its 100% renewable energy goal for its operations and now is focused on helping the energy storage overcome challenges to provide greater emissions reductions on the grid.
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The consortium plans to leverage locational marginal emissions, a concept that measures the tons of GHG emissions displaced through the charging and discharging of an energy storage facility at a specific location and point in time.
Consortium members include:
3Degrees Group, Inc., Akamai Technologies, Clearloop, Equilibrium Energy, Fluence, General Motors, GlidePath Power Solutions, Habitat Energy, Hannon Armstrong, Jupiter Power, Longroad Energy, Marathon Capital, Microsoft, Primergy Solar, Quinbrook Infrastructure Partners, RES Group, Rivian, Rowan Digital Infrastructure, Stem, Tabors Caramanis Rudkevich, TimberRock, UBS Asset Management, and WattTime.
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Author: John Engel