Enosi

Thank you Killian Daly for bringing this important letter to the community. The march to #TrueZero continues at pace. Certainty around the 3-pillars is critical for this. Ensuring that we are incentivising and producing genuinely clean energy is critical and where #timematching becomes so essential.

Proud to be supporting Momentum Energy's big ideas with #Powertracer in our ongoing march to #TrueZero #247 #CFE

Thanks to the team of experts at RACE for 2030 producing insights into the promising future of #truezero --and to #CFOtech for recognising what this means for organisations looking to use clean energy now. Here is the story: A recent report titled "24/7 TRUZERO Tracking Renewables Utilisation for Zero Emission Reporting and Operation" has highlighted the rising interest in time-matching technologies, which align renewable energy generation with electricity demand on an hourly basis. The study, initiated by RACE for 2030 CRC in partnership with the University of New South Wales (UNSW), Enosi, and several others, delves into the challenges and potential benefits for Australian businesses targeting significant carbon emission reductions through this innovative approach to renewable energy procurement. As global corporations increasingly commit to renewable energy and face mounting demands for greater transparency and the adoption of green products, time-matching has become a focal point. The 24/7 Carbon-Free Energy (CFE) concept appeals to companies aiming to lead in climate action and strengthen their positions in export markets, particularly where green certification is becoming essential—an example being the burgeoning market for green hydrogen in Europe and the United States. The "24/7 TRUZERO" report investigates new variants of Power Purchase Agreements (PPAs) necessitating the alignment of renewable energy procurement with consumption. Additionally, it develops open-source tools to assess the financial, environmental, and systemic impacts of these practices. According to Steve Hoy, CEO of Enosi, "This research shows that major buyers are leading and we are witnessing a shift from Net Zero to True Zero. 24/7 Carbon-Free energy will be both commercially viable and have a powerful impact on the next stage of decarbonising our power grids actually doing something about climate." Read the full story here: https://lnkd.in/gcJQ5Kdx

Thank you Port of Brisbane Pty Ltd and Momentum Energy for leading the way into our 24/7 #CFE #TrueZero future. Proud to see how Enosi's #Powertracer is helping enable this. Here is an excerpt from the story in RenewEconomy. The VEN offering specifically targets commercial and industrial businesses that produce more solar than they can use at a single location, while having other locations that perhaps can’t host their own solar array, for logistical or economic reasons. The Port of Brisbane ticks the box, with 800kW of solar that was installed at its International Cruise Terminal when it was built in 2020 – including the solar shade carport pictured above – regularly generating more electricity than it can use at the passenger terminal. Using the Enosi Powertracer Platform, the VEN collects the data from smart meters at all Port of Brisbane sites, matching the solar exports with the grid imports every thirty minutes. In this way Momentum financially offsets the excess solar produced at the Port of Brisbane terminal against the energy used at other PBPL-operated sites, thus replacing what would be a small feed-in tariff with more cheap solar and further slashing the use of grid supplied power. Read more here: https://lnkd.in/g_5yv5bW

Thanks Murray Hogarth and #TheFifthEstate for this in-depth look at #sociallicence and #localmatching featuring Enosi's Grant McDowell off the back of the #AustralianCleanEnergySummit2024 Local Matching is a new idea underpinned by new technology, hourly matching, for the benefit of communities in the bush. A new tool supporting social licence for solar and wind farms, Local Matching provides on bill savings for the broader community. Here's what Grant said: "We need new tools like local matching to provide the members of communities hosting decentralised energy generation [solar and wind farms] with tangible benefits that go directly to cost of living pressures today and sustained shared benefit over the long term." Read the article here: https://lnkd.in/gmKpnaCm Natalie Collard, Satya Tanner, Andrew Bray, Michael Frangos, Byron Serjeantson, Marilyne Crestias, Smart Energy Council

Proud to have participated in Smart Energy Council's exploration of #sociallicense and #fasterrenewables with Enosi's Grant McDowell kicking off the panel session with introductory observations. #TrueZero is on the march...our many communities will make it possible and will reap the benefits of #clean and ultimately cheaper #energy. #largescalerenewablegenerationandstoragesummit

We're grateful to see The Australian Financial Review speak to Enosi's Steve Hoy about the government's proposed rules on #cleanhydrogen and how they could rightly be considered "catastrophic" for Australia's clean energy export ambitions and our globe's urgent need for carbon-free energy. Here's an excerpt: "The federal government’s proposed criteria for access to $6.7 billion in subsidies has appalled those who argue that Australian standards must match strict criteria in the European Union and the rules planned in the United States. Steve Hoy, chief executive of power tracing technology group Enosi Energy, said the rules would “essentially allow a significant level of greenwash into the hydrogen industry”. Mr Hoy said the proposed criteria “would put billions of dollars of taxpayers’ money into a not-particularly green product that may not meet international standards in any case”. Read the rest of the story here: https://lnkd.in/gQXDCyGV Clean Energy Council RenewEconomy Canary Media Inc. Sunshine Hydro

Thanks RACE for 2030 for interviewing Enosi's Steve Hoy today. The momentum to #TrueZero continues and proud to have proven that the tools to support 24/7 CFE are here now --and in use. Here is the background on the project: Many businesses are reducing their electricity-related emissions through purchasing renewables. However, an increasing mismatch between system-level renewable energy generation and demand is leading to integration challenges. The development of green “firming” products and investment in greater load flexibility (to reach “24/7 renewables”) can help to mitigate this mismatch. More businesses are now demanding 24/7 renewables, which goes beyond traditional 100% renewable energy targets to renewable generation matched with demand hour by hour. However, there is no established mechanism to validate 24/7 renewables. In addition, businesses currently lack visibility on how their renewable energy purchasing decisions, related firming contracts and onsite energy management, impact their energy costs and risks, the carbon-intensity of their electricity use, and that of the grid more generally. Purpose of project In this project, tools will be developed for matching renewables purchasing of large energy users with their demand. This will help businesses better track, understand and enhance the outcomes of their renewables purchasing approaches and on-site energy management activities.  Impact of project Through the project, potential renewables products, accounting and contracting approaches will be assessed and new options developed that can enable business customers to establish a stronger link between their energy purchases and renewable energy generation. Short term, the project team estimates that by effectively shifting 10% of the demand of participating businesses to times of surplus renewable energy, roughly 14,500 MWh carbon-based energy can be offset by renewables per annum. This is equivalent to reducing about 11,000 t CO2-e emissions every year.  

What's a simple idea when presented to the public, an impossible idea when presented to the energy sector? Welcome to MESA. Matching solar farm energy generated in the bush to property energy usage in the city. Which is why we're excited pv magazine Global published the news this week Sydney property giant signs first-ever matched energy supply agreement. Read More in PV Magazine article https://shorturl.at/CAZAb And also why Enosi would like to take a moment to thank and recognise EG Funds, Photon Energy Group and Next Business Energy for their courage and leadership to introduce a new way for businesses to buy lower cost energy. At Enosi our mission is to unlock access to lower cost clean energy to all. The first MESA is leading the way for business energy consumers to access clean energy at a lower cost. Thanks again to Ian Lieblich, Joshua Harvey and David Hayes for a taking a small step into the future of energy and unlocking giant leaps in driving demand for lower cost clean energy here in Australia, and the global electricity markets. Read More in PV Magazine article https://shorturl.at/CAZAb

Proud to share more images from the big awards night with Senoko Energy and Singapore Business Review Awards! Great teams driving #truezero energy innovation forward in APAC.