ClearTrace, a decarbonization platform that provides the actionable data companies need to meet their renewable energy goals, joined the 24/7 Carbon-Free Energy Compact with the goal to empower the market with an hourly carbon accounting software platform that provides immutable proof of carbon reductions. By enabling real-time Carbon-Free Energy matching to consumption and hourly carbon accounting, ClearTrace hopes to unlock the pathway to grid decarbonization.
"As we strive for a net zero future, it's clear that corporations — who are among the largest energy consumers — need solutions to help them accurately manage and track power-related emissions. We are proud to support and enable the transition to a carbon-free energy future."
ClearTrace, a decarbonization platform that provides actionable data companies need to meet their renewable energy goals, joined the 24/7 Carbon-Free Energy Compact with the goal to empower the market with an hourly carbon accounting software platform that provides immutable proof of carbon reductions. By enabling real-time carbon free energy matching to consumption and hourly carbon accounting, ClearTrace hopes to unlock the pathway to grid decarbonization. Learn more here.
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.
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.
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.
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.