Constellation Launches Sustainability Partnership With Microsoft Featuring 24/7/365 Real-Time Carbon-Free Energy Matching Solution
March 07 2022 - 7:00AM
Business Wire
Constellation and Microsoft in five-year
strategic collaboration to lead the nation’s clean energy
transition
Constellation (Nasdaq: CEG), America’s leading clean energy
company announced today it is collaborating with Microsoft on the
development of a 24/7/365 energy matching technology solution that
allows customers to fully achieve their zero emissions goals.
For more than 150 years, the electric power industry has been
focused on matching generation capacity with customer demand to
ensure 24/7/365 reliability. Constellation will soon be providing
customers a better and more environmentally conscious option,
utilizing breakthrough technology to match a customer’s power needs
with local carbon-free energy sources, 24 hours a day, seven days a
week, 365 days a year.
By combining renewable and clean energy with exciting new
technologies such as battery storage, fuel cells and hydrogen,
Constellation will provide customers with a real-time, data-driven
carbon accounting solution that goes beyond the current practice of
annualizing renewable energy certificates and credits. As it
develops this product, Constellation will be working with Microsoft
to create software that gives customers a transparent and
independently verified view of their sustainability efforts.
“Constellation is leading our nation’s response to the climate
crisis, and we are building new tools to accelerate progress on
behalf of our customers. Our new 24/7/365 real-time energy matching
solution will allow customers to fully achieve their zero emissions
goals,” said Joseph Dominguez, CEO of Constellation. “This
Microsoft partnership aligns with both companies’ commitment to
advancing the critical transition to carbon-free energy. Our
collective expertise supports customers’ increasing need to
understand and reduce their carbon footprints.”
“In addition to collaborating with Constellation to develop the
24/7/365 solution, Microsoft will become one of its first
customers, pioneering use of the new tools to intake, store, match
and report emissions data on an hourly basis,” said Ravi
Krishnaswamy, corporate vice president, Microsoft Cloud for
Industry. “Over time, we look forward to realizing additional
synergies between the two companies to further enhance our ability
to serve our customers while advancing Microsoft’s commitment to
sustainability.”
Currently, most net zero clean energy supplies are achieved by
offsetting energy use through clean energy certificates or credits
on an annual basis, without considering where or when the energy
was produced. Constellation and Microsoft’s new 24/7/365 solution
takes the guesswork out of carbon accounting by matching
electricity use with a local clean energy source in real time. By
providing hour-by-hour regional tracking, Constellation’s 24/7/365
solution will be the most advanced, real-time carbon accounting
solution of its kind, going beyond other net zero programs that
aggregate clean energy megawatts over time, and giving customers
clearer and more accurate data on their emissions impact.
The market for 24/7/365 real-time energy matching is growing and
Constellation and Microsoft are among the companies at the
forefront of this innovative, emerging new standard in carbon
accounting and emissions goals. In December 2021, the U.S.
government issued an executive order requiring federal government
facilities to transition to 100 percent carbon-free electricity by
2030, committing that at least half will be locally supplied to
meet 24/7/365 demand. To support this order, the U.S. Government
has issued a Request for Information (RFI) from companies
interested in supplying carbon-free electricity to federal
government facilities. Constellation intends to submit an RFI for
consideration and the partnership with Microsoft is a critical
component to supporting this initiative.
Additional benefits of the partnership include:
- Microsoft will purchase a portion of its clean energy supply
from Constellation over five years, representing the first power
sales agreement between the two companies.
- Constellation will adopt Microsoft’s Azure cloud platform to
develop clean energy solutions with enhanced data analytics,
enabling Constellation customers to better understand their
environmental footprints and take action to achieve their
environmental, social and corporate governance (ESG) goals.
- Constellation and Microsoft will seek to use their expansive
customer bases and business partnerships to advance clean energy
technology, including migration to Microsoft Azure and enhancements
to Constellation’s smart utility expense management platform,
Pear.ai.
This announcement comes only a month after Constellation
launched as the nation’s largest provider of carbon-free energy
with a host of sustainability products and services to help
companies like Microsoft achieve their environmental objectives.
Constellation also has set its own climate goal of achieving 95
percent carbon-free electricity by 2030 and 100 percent carbon-free
electricity by 2040. In addition, Constellation plans to achieve
100 percent reduction of operations-driven emissions by 2040 and
provide 100 percent of its business customers with customized data
to help them reduce their own carbon footprints.
About Constellation
Constellation is the nation’s largest producer of carbon-free
energy and the leading competitive retail supplier of power and
energy products and services for homes and businesses across the
United States. Headquartered in Baltimore, its generation fleet
powers more than 20 million homes and businesses and is helping to
accelerate the nation’s transition to clean energy with more than
32,400 megawatts of capacity and annual output that is 90 percent
carbon-free. Constellation has set a goal to eliminate 100 percent
of its greenhouse gas emissions by leveraging innovative technology
and enhancing its diverse mix of hydro, wind and solar resources
paired with the nation’s largest carbon-free nuclear fleet.
Constellation’s family of retail businesses serves approximately 2
million residential, public sector and business customers,
including three-fourths of the Fortune 100. Learn more at
www.constellation.com or on Twitter at @ConstellationEG.
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version on businesswire.com: https://www.businesswire.com/news/home/20220307005281/en/
Paul Adams Corporate Communications 410-470-4167
paul.adams@constellation.com
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