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Big companies seek new paths to deep grid decarbonization

By District Energy posted 07-27-2023 10:42

  

Canary Media

Summary

Corporations have become the biggest buyer of the electricity from new clean-energy installations in the U.S., and they are expected to spend hundreds of billions of dollars more on low-carbon energy in the decade to come. That enormous purchasing power means they play an outsize role in helping to decarbonize the grid.

But corporations could be doing a lot more to help get the U.S. grid to 100 percent carbon-free electricity.

The Zero Emissions, Reliability Optimized Grid (ZEROgrid) Initiative aims to expand the corporate clean energy playbook to address these challenges. Launched on Tuesday, the collaboration between nonprofit think tank RMI and companies including Akamai Technologies, General Motors, Meta, Prologis, Salesforce and Walmart aspires to build a comprehensive, collaborative new framework to accelerate the transition to a reliable and affordable zero-emissions electric grid.”

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