RES Joins Advisory Committee of New Consortium Created to Assess Climate Benefits of Energy Storage
by RES | Sep 15, 2022 | Reading time: 2 min
The Energy Storage Solutions Consortium will develop a first-of-its-kind methodology to quantify the greenhouse gas emissions benefits of stored energy usage
BROOMFIELD, Colo. – Sept. 14, 2022 – RES, the world’s largest independent renewable energy company, today announced that it has joined the advisory committee of The Energy Storage Solutions Consortium (“the Consortium”), formed today by a group of leading organizations, including Meta, REsurety, Broad Reach Power and others.
The Consortium was created to assess and maximize the greenhouse gas (GHG) reduction potential of electricity storage technologies. The group’s goal is to create an open-source, third-party-verified methodology to quantify the GHG benefits of certain grid-connected energy storage projects, and to ultimately help add a tool for organizations to create credible progress toward their net zero emissions goals.
“As energy storage technologies are poised for exponential growth, it’s imperative that we are cognizant of the greenhouse gas emissions generated by the use of such technologies,” said John Rohde, CEO of RES in the Americas. “The Consortium is designed to help quantify the impacts of such technology and give us the ability to grow this technology in a sustainable way. We’re incredibly honored to join this group and offer our help in any way we can.”
In addition to RES, more than 20 other companies have signed on to the Consortium’s advisory committee, including leading technology companies, emissions data providers, investors, storage developers and service providers, and non-governmental organizations among others.
3Degrees Group, Inc., Akamai Technologies, Clearloop, Equilibrium Energy, Fluence, General Motors, GlidePath Power Solutions, Habitat Energy, Hannon Armstrong, Jupiter Power, Longroad Energy, Marathon Capital, Microsoft, Quinbrook Infrastructure Partners, RES Group, Rivian, Rowan Digital Infrastructure, Stem, Tabors Caramanis Rudkevich, TimberRock, UBS Asset Management, and WattTime.
For more information about the Consortium, please read the official announcement available here.
RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, energy storage and transmission and distribution. At the forefront of the industry for over 40 years, RES has delivered more than 22GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 9GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured over 1.5GW of corporate power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs over 2,000 people and is active in 11 countries.