24/7 Carbon-Free Energy: Matching Carbon-Free Energy Procurement to Hourly Electric Load
summary
EPRI surveys show roughly 1.5 GW of 24/7 carbon-free energy deals exist, with a headline 500 MW Google–AES deal targeting 90% hourly matching and federal policy aiming for 50% 24/7 CFE by 2030. Practical tools are hourly data pipelines, PPAs layered with a tracking provider, and hourly RECs (M-RETS adding timestamps). Modeling finds 100% annual PPA can yield ~65% hourly CFE on PJM; mixes of wind, solar and short-duration storage can approach ~90%, while long-duration dispatchable resources remain necessary beyond that. Challenges: interconnection queues, cost, data access, and “missionality.”
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chapters (16)
- 0:00Introduction to 24/7 CFE
- 3:19What is 24/7 carbon-free energy
- 5:25Key drivers for 24/7 CFE
- 7:57Annual vs hourly matching explained
- 10:06Portfolio benefits of renewables
- 11:08How 24/7 CFE deals work
- 12:37Hourly variation by region
- 14:01Examples of 24/7 CFE deals
- 16:50Regulated utilities and programs
- 17:54Government and local initiatives
- 18:35Tracking providers and software
- 21:05Future of 24/7 CFE adoption
- 22:31Challenges in implementation
- 24:18Additionality vs missionality debate
- 25:41Data quality and access hurdles
- 26:02Q&A and closing remarks
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