Kevala Partners with National Grid and Exelon Corporation on Total Carbon Accounting Framework

0


[ad_1]

SAN FRANCISCO, November 4, 2021 / PRNewswire / – Kevala inc., a national leader in energy data and network analytics, today announced the release of groundbreaking new carbon accounting research conducted in coordination with leading energy and utility providers national grid (NYSE: NGG) and Exelon Company (Nasdaq: EXC). The grouping of participating companies White paper, “Total Carbon Accounting: A Framework to Deliver Localized Carbon Intensity Data”, explores advanced analytical methods designed to better calculate the carbon intensity of grid electricity with higher degrees of geographic and temporal granularity, ensuring that the sector Energy is best equipped to assess, prioritize, and measure decarbonization activities in the future.

“Able to closely identify where and when generated electricity is consumed, the ‘Total Carbon Accounting’ approach detailed in our research provides a single basis for assessing all carbon emissions associated with electricity flowing in homes. and businesses, ”said Aram Shumavon, founder and CEO of Kevala. “Our innovative carbon accounting framework will fundamentally redefine the way governments, regulators, businesses and individuals invest and achieve emissions reductions across the grid. We are delighted to share the work of our consortium on this important topic.

Dr. Bob currie, Vice President of Product and Strategy at Kevala, said, “Kevala exists to accelerate decarbonization. To do this, we must innovate and collaborate. Our platform and products aim to expand the granular understanding of geographic and temporal variations in energy, precise and specific carbon intensity data a natural next step. “

The total carbon accounting (TCA) method requires complex and simultaneous analyzes of both (1) the physical flows of energy through all of the individual nodes in the network at any given time, and (2) of the associated carbon at all. sources of generation – including those integrated into the distribution system and customer premises – as well as larger units connected to transmission that participate in the market. By leveraging TCA’s comprehensive methodology, key energy stakeholders can more precisely drive the match of carbon-free power supplies to load predictions.

“By using extraordinarily granular data sets and new tools to track power generation across the grid, industry reporting on emission reduction efforts will improve exponentially,” said Duncan Burt, Director of Sustainability at National Grid, “This data will create new information that will help our communities understand the energy they use and ensure that we can properly measure how we are achieving a grid’s goal. low carbon emission. “

Current carbon accounting methods use a gross average over large geographic areas and time periods, thus neglecting the timing aspect of clean energy production, as well as the effects of renewable generation closely tied to the level of distribution. . By focusing on discrete analyzes of all components of the balance of grid electricity supply and consumption constraints, the TCA serves as a long-term basis for improving carbon awareness in United States and all over the world. The TCA is currently being tested in pilot deployments by major utilities in both North America and Europe.

“With revolutionary advancements in grid analysis, this approach is changing the paradigm in terms of measuring and understanding carbon removal for the power delivered,” said Sunny Elebua, vice president of strategy and director of sustainability at Exelon. “We are excited to pilot this new capability and understand the opportunities it can create for energy producers and consumers, grid operators and local communities on the path to decarbonizing the power sector. “

Kevala’s partnership with National Grid and Exelon Corporation on this white paper and technology once again demonstrates the growth and momentum of the company’s Assessor platform, signaling a growing desire to improve the assessment of data around the “electrification of everything”. The release of the TCA whitepaper follows several recent and high-profile corporate announcements from Kevala, including the closing of its $ 21 million Series A round table and widening its Advisory and professional services department.

To view the white paper “Total Carbon Accounting: A Framework to Deliver Localized Carbon Intensity Data” from Kevala, National Grid and Exelon Corporation, click here.

About Kevala Inc .: Kevala’s mission is to provide an objective understanding of the production, delivery and consumption of energy in support of the radical decarbonization of the global economy. With Kevala, all market players can access precise, impartial and actionable information that allows faster and better decision-making, ensuring the most sustainable, efficient and fair energy transition.

About National Grid: National Grid (NYSE: NGG) is an electricity, natural gas and clean energy distribution company serving more than 20 million people through grids in New York, Massachusetts and Rhode Island. National Grid is transforming electricity and natural gas grids with smarter, cleaner and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions. As part of its commitment to a clean energy future, National Grid is a main partner of COP26, the United Nations global climate summit in November 2021.

About Exelon Corporation: Exelon Corporation (Nasdaq: EXC) is a Fortune 100 energy company with the largest number of electricity and natural gas customers in the United States Exelon operates in 48 states, the District of Colombia and Canada and had a 2020 turnover of $ 33 billion. Exelon serves approximately 10 million customers in Delaware, the District of Colombia, Illinois, Maryland, New Jersey and Pennsylvania via its subsidiaries Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco. Exelon is one of the largest competitive power producers in the United States, with more than 31,000 megawatts of nuclear, gas, wind, solar and hydroelectric generating capacity, including one of the world’s most electric power plants. cleaner and cheapest in the country. The Company’s Constellation business unit provides energy products and services to approximately 2 million residential, public and commercial customers, three-quarters of the Fortune 100.

SOURCE Kévala

[ad_2]

Share.

Comments are closed.