Verse

Thanks to Shehzad Wadalawala as always for his insights and efforts to demystify corporate clean energy processes! Check out his latest blog post on utility green tariffs (link in his post). #sustainability #renewableenergy

Interesting article by Maria Gallucci & Canary Media on a cautiously optimistic report about cleaner steelmaking globally. As U.S. companies face capex decisions around aging steel-making plants, it will be interesting to see whether they choose to spend more money on extending the lives of coal-fired facilities or building new, cleaner facilities. Although the latter may still be more expensive, sinking capital into coal-fired plants sets the companies up for potentially greater total expenditures down the line with increasingly stringent clean energy and carbon disclosure regulations and customer pressure. https://bit.ly/4cLm8r8 #cleanenergy #sustainability

We're thrilled to welcome our newest team member, Senior Product Manager Maria Koevska! With experience at Stripe, Deutsche Bank, and Mill, Maria's experience in the software and power market sectors is a perfect fit that will help us accelerate corporate decarbonization. A little more about Maria: Maria started her career as an investor, focused in electricity asset sales and private equity before building products for customers at Stripe and beyond. She’s excited to bring her experience in enterprise product development and climate tech to help Verse’s customers realize their clean energy goals. Outside of work, Maria loves nothing more than being outdoors. #energy #renewableenergy #sustainability #software

Interesting article by David Gelles on the topic we just wrote about in MCJ Collective's newsletter. In addition to the two ways the NYT article says tech companies can meet A.I.'s energy demands ("tap the existing grid, or build new power plants"), our op-ed also discusses the importance of bring-your-own generation/storage, non-wires alternatives, market based utility tariffs, and optimized DC operation as additional levers to mitigate A.I.'s impact on emissions. https://lnkd.in/gcyFCNqD #ai #energy #sustainability #climate

Thank you so much MCJ Collective for inviting us to share our thoughts on this important issue! While we don't have a definitive answer to the problem, we really enjoy leveraging Matt Penfold and other team members' energy and electricity market expertise to brainstorm possible solutions. #AI #datacenter #sustainability #energy

Despite floods of truly epic proportions, our team had a great time at Smart Energy Decisions' 2024 Renewable Energy Forum last month! We appreciated the opportunity to educate attendees about key questions they should ask when setting sustainability goals, including (among others): --Do you want to achieve hourly or annual matching? --Do you want to reduce emissions? --What does your executive team need to see to buy into your plan? --How do you maximize shareholder value?" If anything, it seemed like the foul weather and challenging circumstances brought people together. And it felt appropriate to be discussing corporate clean energy procurement strategies during the type of weather event that will become more frequent and severe as climate change worsens. Check out the recap of some of the #SEDREF highlights here: https://bit.ly/3WgiEGf

"U.S. Steel converted two locomotives at its Mon Valley Works from diesel to electric power and permanently shut down the three oldest coke batteries at "U.S. Steel converted two locomotives at its Mon Valley Works from diesel to electric power and permanently shut down the three oldest coke batteries at its Clairton Plant, while [its Big River Steel 1 mill] continued participating in Entergy Arkansas’ Green Promise tariff program to increase its use of renewable energy." Although there's still a long way to go and challenging hurdles to overcome, it's great to see electrification of thermal processes in hard-to-abate sectors and use of green tariffs by companies in regulated or retail markets where mechanisms like vPPAs aren't available. https://lnkd.in/gh5HefGy

Really enjoyed this podcast - we're closing in on a massive electricity shortage. To preserve social license, it's more important than ever that new data centers bring additional, clean power generation to the grids to which they're connecting. https://lnkd.in/gXMKEUGk #AI #renewables #energy

We're getting excited about Smart Energy Decisions' Renewable Energy Forum on June 13 and 14th! Shehzad Wadalawala and Tanner McAuley will be there, and Verse CEO Seyed H. Madaeni, Ph.D. will be speaking about how to design an optimal clean energy roadmap at least cost. Looking forward to this must-attend event for sustainability and clean energy professionals. #SEDREF ➡️ Learn more: https://bit.ly/3Xvb10T

Electric grids are enormously complex, but when it comes to measuring carbon emissions, we can break things down into three key types of emissions calculations – grid average emissions, marginal emissions, and residual mix grid emissions – to help us understand the environmental impact of electricity use. Check out our latest blog, in which our head of strategy Shehzad Wadalawala explains those three concepts, offers some pros and cons of each, and explores when an organization might want to use them to measure its emissions: https://lnkd.in/gJVfKmuU #sustainability #ESG #carbonaccounting #renewableenergy