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Signatory:
Clean Air Task Force
Date:
27th May 2022
Case study:
Safeguarding against climate change through low-carbon energy and technologies

Clean Air Task Force (CATF) is a non-profit organization working to safeguard against the worst impacts of climate change by catalyzing the rapid global development and deployment of low-carbon energy and other climate-protecting technologies.

“We’re proud to be an early supporter of the 24/7 Carbon-Free Energy Compact. Decarbonized power grids are key to achieving our climate goals, and we need round-the-clock zero-carbon energy to decarbonize them. This compact will focus the private sector on the right goal: squeezing all the carbon out of the system, and commercializing the full range of technologies necessary to do that. To complete the job of decarbonization, we will need to incentivize the next generation of carbon-free, firm, always-on technologies to complement our promising base of variable renewable energy. That includes both policy change and higher-impact procurement practices that puts corporate and governmental buying power to work in the service of a carbon-free future. The 24/7 Carbon-Free Energy Compact is the beginning of a movement, and we hope many more will join us.”

Armond Cohen Executive Director, Clean Air Task Force (CATF)

Clean Air Task Force (CATF), a non-profit organization working to safeguard against the worst impacts of climate change by catalyzing the rapid global development and deployment of low-carbon energy and other climate-protecting technologies, was the first environmental NGO to join the 24/7 Carbon-Free Energy Compact. CATF joined the Compact in 2021 at COP26, with the hope that the Compact “will focus the private sector on the right goal: squeezing all the carbon out of the system, and commercializing the full range of technologies necessary to do that.” Learn more here.

More case studies:
Renewable energy tracking using blockchain technology

Blok-Z, one of the early signatories of the 24/7 Carbon-free Energy Compact is a software start-up based in Germany. Blok-Z develops a white-label blockchain platform for energy retailers to offer their customers 24/7 renewable energy tracking and matching services. With Blok-Z, customers of energy retailers can select renewable sources based on location and type, trace the origin of their energy in real time, and have access to automated sustainability tools.

UK suppliers join Granular Energy’s 24/7 matching framework design

OVO and Brook Green Supply are amongst the 15 energy suppliers joining Granular Energy’s 24/7 Carbon-Free Energy matching platform. Granular’s platform enables them to allocate and optimize hourly certificates so end-consumption can be matched with clean energy around the clock. The project will introduce a market for hourly energy certificates, in partnership with power system operators Elexon, National Grid and Energy Systems Catapult. It will also see the world’s first exchange platform for those certificates launched in partnership with the power market operator NordPool. 

Launching the 24/7 Carbon-Free Energy Compact

Sustainable Energy for All (SEforALL), an international organization that works in partnership with the United Nations and leaders in government, the private sector, financial institutions, civil society and philanthropies to drive faster action towards the achievement of Sustainable Development Goal 7 (SDG7), launched the 24/7 Carbon-Free Energy Compact during the High-Level Dialogue on Energy in September 2021 with an initial list of founding signatories committed to working toward a carbon-free future for all. 

Deploying innovative Carbon-Free Energy software solutions and advisory services

FlexiDAO is a cleantech startup based in Amsterdam and Barcelona. FlexiDAO is one of the early signatories to the 24/7 Carbon-free Energy Compact and helps create software for companies to reach net zero emissions by tracing where their electricity comes from and its true CO2 content.