Company Commits to Helping Decarbonize the Grid by Maximizing the Value of its Customers Distributed Energy Resources Through a Customer-Powered Grid™
BALTIMORE, Jan. 24, 2023 /PRNewswire/ — CPower Energy (“CPower“), the national leader in unlocking the power of customer Distributed Energy Resources (DERs), today announced it has joined the 24/7 Carbon-free Energy Compact. The 24/7 Carbon-free Energy Compact is an ambitious effort coordinated by the United Nations, Sustainable Energy for All, and a growing list of signatories from companies, organizations, and governments around the world to accelerate the decarbonization of the world’s electricity systems in line with the UN’s Sustainable Development Goal 7 (SDG7).
As part of its commitment for the 24/7 Carbon-free Energy Compact, CPower is aiming to decarbonize the grid by maximizing the value of its customers’ DERs through a Customer-Powered Grid™ – an interconnected grid that is less reliant on fossil fuels and created by aggregating energy users’ DERs to reduce demand on the grid. Through its work with the 24/7 Carbon-free Energy Compact, CPower intends to demonstrate how automation can allocate clean energy sources to address multiple grid needs; how organizations can reduce carbon emissions through DER flexibility; and to further advocate for policy that prioritizes the clean energy transition.
“As we transition to a Customer-Powered Grid that will define our clean energy future, cross-industry collaboration is essential. Our customers have the opportunity to decarbonize their operations and their sectors, while also greening the grid to help define the quality of life and future of millions of people across the country. We look forward to working with those that are a part of the Compact to continue to accelerate the energy transition,” said John Horton, President and CEO, CPower.
“The world is at a crossroads; we need to take rapid action today to create a sustainable and equitable future for all. The Carbon Free-Energy (CFE) compact has created new momentum in the race to decarbonize global electricity grids. UN-Energy together with other leading organizations and governments launched the 24/7 CFE Compact at the High-level Dialogue on Energy and our collective partnership through this compact has been critical in propelling us closer to a world where everyone, everywhere, can benefit from clean energy,” Damilola Ogunbiyi, CEO…