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Consortium forms to maximize emissions benefits of energy storage

Meta, Broad Reach Power, and REsurety have joined a consortium that aims to create a methodology to quantify the emissions benefits of energy storage facilities.

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A consortium that includes Meta, Broad Reach Power, and REsurety has formed to maximize the greenhouse gas reduction potential of energy storage technologies.

The Energy Storage Solutions Consortium's goal is to create an open-source, third-party-verified methodology to quantify the GHG benefits of certain grid-connected energy storage projects, the companies said. The tool could then be used by organizations to help credibly reach their sustainability goals.

Vera, a third-party, will be used to verify the standard through the Verified Carbon Standard Program. Once completed, the tool would be the first verified methodology to quantify the emissions benefits of large-scale energy storage facilities.

Since already reached 100% renewable energy for its global operations, Peter Freed, Meta's director of energy strategy, said the company is focused on helping the energy storage overcome challenges to provide greater emissions reductions on the grid.

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To achieve its goal, the consortium plans to leverage locational marginal emissions, a concept that measures the tons of GHG emissions displaced through the charging and discharging of an energy storage facility at a specific location and point in time.

Members of the consortium include:

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, Primergy Solar, Quinbrook Infrastructure Partners, RES Group, Rivian, Rowan Digital Infrastructure, Stem, Tabors Caramanis Rudkevich, TimberRock, UBS Asset Management, and WattTime.

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