Hourly Utility Product Design Options
Vertically integrated utilities are well-positioned to offer a range of hourly clean energy products. However, variations in each utility’s portfolio and circumstances can lead to significant differences in these offerings, making it challenging to ensure that the products being provided align with customer expectations and that the tracking and reporting of clean energy use remains credible and consistent. This initiative will develop best practices for designing hourly clean energy products for vertically integrated utilities in regulated markets. These best practices will focus on standardizing product design options, tracking requirements, and reporting mechanisms to ensure credible clean energy accounting and increase access to hourly products.
Additional Resources
Hourly Utility Product Design Options Initiative Proposal
Background Reports
Electricity providers are exploring product options to meet increasing demand for “hourly matched” carbon-free energy (CFE), in which CFE generation is matched to customer load in each hour. This background report summarizes current hourly product offerings; previous initiatives to facilitate or provide guidance, tools, or standards related to hourly CFE procurement; outcomes from previous technical assistance projects done with Center for Resource Solutions (CRS) related to hourly procurement, sales, or accounting; as well as relevant research. The goal is to inform working group sessions for the Hourly Utility Product Design CEAP initiative and subsequent guidance.
Working Group
- Initiative Sponsor: Granular Energy
- 3Degrees
- Constellation
- Duke Energy
- EnergyTag
- EPRI
- LevelTen Energy
- LF Energy
- M-RETS
- NorthBridge Group
- PG&E
- PJM-GATS
- Singularity
- Steel Dynamics
- STX
- Tennessee Valley Authority
- Xcel Energy