Constellation Signs Hourly Carbon-Free Energy Matching Agreement with Microsoft to Support a Clean-Powered Data Center
29 Giugno 2023 - 2:00PM
Business Wire
Landmark agreement combines the environmental
attributes of nuclear power with hourly carbon-free energy matching
to help a Virginia data center operate on nearly 100% clean
power
Constellation (NASDAQ: CEG) today announced an agreement with
Microsoft to significantly reduce the carbon footprint of one of
Microsoft’s data centers in Boydton, Virginia. Under the agreement,
the facility will receive up to 35 percent in environmental
attributes from nuclear power, complementing the company’s new wind
and solar purchases. This agreement puts Microsoft very close to
its goal of operating the data center on 100 percent carbon-free
electricity around the clock, further proof that hourly, regional
matching of clean energy to demand is both practical and feasible
today with suitable infrastructure and energy innovation.
Microsoft will track its performance using Constellation’s
hourly carbon-free energy (CFE) matching platform, which delivers
state-of-the-art accounting to demonstrate environmental results.
Hourly CFE matching is a relatively new Constellation retail
product offering that leverages software technology to help
customers establish and achieve their environmental goals.
Constellation is now leveraging its innovative Microsoft
Azure-based hourly matching CFE platform and retail structuring
expertise to design flexible and comprehensive retail solutions for
customers looking to match their power demands with regional
carbon-free energy around the clock.
“Constellation and Microsoft have been working collaboratively
for several years to pioneer this technology, so it is fitting that
Microsoft is one of our first hourly CFE matching customers,” said
Jim McHugh, executive vice president and chief Commercial Officer.
“We are confident this agreement will demonstrate the value and
impact of hourly matching in the fight to address the climate
crisis.”
“Microsoft is proud to offer technology that enables other
climate conscious companies to also reduce their carbon footprint,”
said Adrian Anderson, general manager of renewable and carbon free
energy at Microsoft. “Our collaboration with Constellation makes
real-time matching of regional clean power generation and demand
available to all companies that want to advance the energy
transition.”
Prior to the evolution of hourly CFE matching, much of the clean
energy that American companies procured to reduce their use of
fossil-fueled generation was produced elsewhere, at a different
time of day, month or even year. This approach offered no guarantee
that clean, carbon-free power was being used, leaving many
customers guessing about what resource mix actually met their
needs. It also provided little to no incentive for developers to
locate clean generation where power was needed.
To learn more how Hourly CFE matching is changing America’s
energy landscape, click here.
About Constellation
Headquartered in Baltimore, Constellation Energy Corporation
(Nasdaq: CEG) is the nation’s largest producer of clean,
carbon-free energy and a leading supplier of energy products and
services to businesses, homes, community aggregations and public
sector customers across the continental United States, including
three fourths of Fortune 100 companies. With annual output that is
nearly 90% carbon-free, our hydro, wind and solar facilities paired
with the nation’s largest nuclear fleet have the generating
capacity to power the equivalent of 15 million homes, providing
around 10% of the nation’s clean energy. We are further
accelerating the nation’s transition to a carbon-free future by
helping our customers reach their sustainability goals, setting our
own ambitious goal of achieving 100% carbon-free generation by
2040, and by investing in promising emerging technologies to
eliminate carbon emissions across all sectors of the economy.
Follow Constellation on LinkedIn and Twitter.
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Paul Adams Constellation Communications 410-470-9700
paul.adams@constellation.com
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