Good Energy is launching time-based energy matching for its business customers to allow them to shift their usage to reduce emissions.
The company is working with software providers Granular Energy to match its business customers’ usage with the output of a portfolio of nearly 400 renewable generators across the UK. Good Energy plans to grow this service to the full community of over 2,000 generators from which it procures power in the next 12 months.
The move means that Good Energy’s larger business customers, which use around a quarter of a terawatt hour of electricity in a year, will be able to track how their usage is matched with the output of the energy supplier’s renewable generators on a half-hourly basis.
Good Energy claims that this is the first time a UK supplier has offered such a service on this scale.
Tom Parsons, sales and origination director at Good Energy, said: “Our business customers were already getting the greenest supply product on the market, as their electricity usage is 100% backed off with power purchased direct from our renewable generators.
“Now we’re taking this a step further by providing their hourly data matched with the output of those generators, giving them a much truer picture of their carbon impact and allowing them to focus their investment decisions on activity that will genuinely reduce their carbon footprint.”
He added: “Good Energy has long been critical of the REGO system, which allows suppliers buying brown power to trade certificates in an annual window in order to claim they offer ‘100% renewable electricity’. Everyone from the Department for Energy Security and Net Zero to the UK Green Buildings Council has recognised this isn’t satisfactory, but system reform doesn’t seem to be forthcoming.
“So working with Granular Energy, Good Energy is taking the initiative to move things forward and start combatting greenwash.”
Toby Ferenczi, chief executive and co-founder, Granular Energy, added: “Time-based energy matching is the obvious next step in how we source renewable power, with the potential to revolutionise how businesses approach their carbon accounting.
“As more renewable output is sourced in this way, we should start to see not only businesses incentivised to shift their demand to times of oversupply, but developers incentivised to build the tech we need to fully decarbonise our energy systems.”