A growing number of Powerex’s wholesale customers, including large commercial entities with significant and growing electricity consumption, have committed to using clean energy resources to fuel their operations and growth.
To meet our customers’ needs, Powerex recently introduced a premium offering — 24×7 Clean Load Service — which matches deliveries of carbon-free electricity to the hour-to-hour needs of our customers. This more stringent approach goes a step further than other arrangements in the industry that match quantities of annual carbon‐free energy deliveries with annual demand.
Powerex has signed a long-term agreement with Microsoft to provide 24×7 hourly matching of carbon-free energy. Microsoft is the first large commercial entity to use Powerex’s wholesale 24×7 Clean Load Service for its new datacenter in Washington state. Under this agreement, Powerex will match Microsoft’s hourly datacenter demand with direct deliveries of carbon‐free hydro, solar and wind power on a 24×7, year‐round basis.
The 24×7 Clean Load Service supports Microsoft’s investment in sustainability at its datacenters, with the goal of being carbon-negative, water positive, and zero waste companywide by 2030.
As the output from Microsoft’s contracted renewable resource portfolio grows, Powerex’s 24×7 Clean Load Service will increasingly serve like a battery. During hours that Microsoft’s contracted renewable resources produce more electricity than the datacenter can use, Powerex will take the surplus renewable power, allowing hydro generation to be reduced and water to be conserved for later use. This will enable clean deliveries back to the datacenter in later hours, when Microsoft’s contracted renewable resources produce less electricity than the datacenter needs.The long-term agreement paves the way for the two companies to further grow our clean energy relationship in the years ahead.
Powerex and Microsoft will work together to meet the datacenter’s electricity needs with new renewable resources that are contracted to Microsoft. Microsoft has closely collaborated with its utility, Douglas County Public Utility District (PUD), to enable these deliveries to the datacenter.
“We are excited to collaborate with Microsoft, a global technology company that shares our interest in environmental leadership,” said Tom Bechard, President & CEO, Powerex. “Together, we were able to find new solutions that go well beyond what has been achieved to date and reach a significant milestone towards a carbon-free future.”
Press play for a brief interview with Tom Bechard, President & CEO, Powerex and Brian Janous, Vice President Energy and Renewables, Microsoft.
“Together we will find new solutions that go well beyond what has been achieved to date, and reach a significant milestone towards a carbon-free future.” — Tom Bechard, President & CEO, Powerex
Powerex deliveries of clean energy are verified by an independent third-party and reported under Powerex’s Clean Energy Trade Standard — a standard we implemented in 2021 to provide confidence to clean energy purchasers that their purchases represent truly surplus clean supply.
Powerex introduced our Clean Energy Trade Standard to meet the needs of our many large commercial customers and load serving entities across the West that have set ambitious environmental goals to reduce greenhouse gas (GHG) emissions associated with the production of electricity.
Powerex Corp. is the exclusive marketer of BC Hydro’s surplus capabilities providing innovative electricity solutions across the West. Powerex’s business consists of trading wholesale power and natural gas, environmental products, ancillary energy services, and financial energy products. Active since 1988, Powerex has over 230 customers and trading partners, including commercial and industrial companies, public power and investor-owned utilities. Powerex is consistently ranked by our customers as an industry-leading provider of wholesale electricity and energy-related environmental products.
Powerex is a participant in the Western Resource Adequacy Program (WRAP) and has announced its commitment to join Southwest Power Pool’s (SPP) Markets+ organized electricity market at its inception. Collectively, WRAP and Markets+ are expected to further strengthen reliability and renewable integration, while also supporting the tracking and reporting of carbon-free deliveries.