Utilities Archives - Cleartrace

The High Cost of Inaction: Why Energy Suppliers Can’t Afford to Ignore Increasing Customer Requests for Reporting

As sustainability and decarbonization demands intensify in the race to net-zero, energy suppliers, such as utilities and retailers, are at a crossroads. Ignoring these demands is not just about sidestepping regulatory penalties or walking back on goals; it could mean losing the trust of customers, investors, and other stakeholders or missing out on prospective customers. […]

Cleartrace at VERGE 2024: Advancing Decarbonization with Industry Experts

Cleartrace’s Chief Commercial Officer, Patrick Davis, and VP of Sustainability, Nicole Sullivan, recently participated in VERGE 2024, a premier climate tech event held in San Jose, California. Co-hosted by Trellis Group and Clean Energy Buyer’s Association (CEBA), this year’s conference, with the theme “Deploying Climate Tech at Scale,” attracted thousands of sustainability and energy professionals, […]

Empowering the Grid: How Long-Duration Storage Can Revolutionize Energy Supply

As we strive to scale clean energy and decarbonize grids worldwide, long-duration energy storage (LDES) is emerging as a crucial solution. The demand for reliable, carbon-free energy (CFE) is growing as companies big and small aim to decarbonize and reach ambitious net-zero targets. Utilities and energy suppliers are at the forefront of the energy transition, […]

Harnessing Earth’s Heat: The Rise of Geothermal Energy in America

The quest for sustainable and reliable energy sources has never been more critical. With the urgent need to reduce carbon emissions and combat climate change, renewable energy solutions are at the forefront of the energy transition. Among these, geothermal energy is emerging as a powerful contender that only accounted for 0.4% of power generation in […]

Greening the Grid: Are new green electrons improving utilities’ residual mix?

As the race to net-zero accelerates, corporate entities with decarbonization targets are putting increasing pressure on utilities and energy suppliers to improve their supplier specific carbon emission factors and residual mix factors. This demand is driven by the need for better management of Scope 2 emissions (indirect emissions from purchased electricity), which is critical for […]

Driving Decarbonization: How Green Tariff Programs Empower Utilities and Businesses

In today’s increasingly complex and rapidly changing energy market, advanced energy consumers with ambitious net zero targets are driving the push for cleaner energy solutions to advance decarbonization. Utilities are under pressure to provide innovative pathways for businesses (and households) to access renewable energy, and one of the most common mechanisms is through green tariff […]

Renewable Energy Procurement: What are electricity customers seeking beyond clean energy?

In the evolving landscape of corporate sustainability, the integration of renewable energy has become a cornerstone of decarbonization strategies, for a company’s Scope 2 carbon footprint (indirect emissions from purchased electricity) and beyond. In the real estate sector, building owners are increasingly considering the energy impacts of their tenants and in some cases offering renewable […]

Data Challenges in Sustainability: The Path to Automation

Wherever you are on your sustainability journey, data is a critical component to guiding your path. To truly understand our environmental impact and craft effective decarbonization strategies, we must embrace a data-driven approach. While the significance of data in measuring carbon footprints, managing energy, and mitigating environmental impact is clear, the path to automation, though […]

ESG Regulatory Readiness for the Utility Sector

Utilities need to be ready for the deluge of customer requests and the data to back up green programs and other emerging ESG compliance reporting requirements. Environmental, social, and governance (ESG)-related regulations took huge leaps forward in 2023, and more regulatory progress is anticipated in 2024. The passing of a range of disclosure and reporting […]