Verse

We're getting excited about Smart Energy Decisions' Renewable Energy Forum on June 13 and 14th! Shehzad Wadalawala and Tanner McAuley will be there, and Verse CEO Seyed H. Madaeni, Ph.D. will be speaking about how to design an optimal clean energy roadmap at least cost. Looking forward to this must-attend event for sustainability and clean energy professionals. #SEDREF ➡️ Learn more: https://bit.ly/3Xvb10T

Electric grids are enormously complex, but when it comes to measuring carbon emissions, we can break things down into three key types of emissions calculations – grid average emissions, marginal emissions, and residual mix grid emissions – to help us understand the environmental impact of electricity use. Check out our latest blog, in which our head of strategy Shehzad Wadalawala explains those three concepts, offers some pros and cons of each, and explores when an organization might want to use them to measure its emissions: https://lnkd.in/gJVfKmuU #sustainability #ESG #carbonaccounting #renewableenergy

Your decisions are only as good as your data. Accurate emissions forecasting and analysis should draw on data that accounts for local variations in grid emissions factors (e.g., planned changes in the energy resource mix, policy initiatives, etc.). Verse's Data Hub uses advanced modeling and comprehensive datasets to capture these critical factors so companies can develop accurate emissions forecasts that drive informed investment decisions. #sustainability #renewableenergy #ESG #emissions

Interesting results from a Heatmap News poll earlier this month showing battery storage is the least popular source of zero-carbon power. That's unfortunate, given battery (and other) storage technologies' role in reaching 100% decarbonized electric grids. On the other hand, although battery storage may not be popular with average citizens, it's gaining popularity with corporate energy buyers. Check out our blog on why it's an attractive asset class for organizations seeking to lower electricity costs and carbon emissions: https://lnkd.in/dJwfqafV #energystorage #renewableenergy #sustainability

We are excited to announce that we've closed a $20.5M Series A fundraise! The oversubscribed round, led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective, will help us make the power of our AI-enabled software available to more companies seeking to reduce both their electricity costs and carbon emissions. Read more from our co-founders, Seyed H. Madaeni, Ph.D. and Matt Penfold: https://lnkd.in/dBKx_ycd #sustainability #energy #renewableenergy #startup #venturecapital #ai

Companies -- particularly those in what are considered hard-to-decarbonize sectors (e.g., chemistry, food processing, steelmaking, and cement manufacturing) -- need economic incentives to transition to clean energy. Those incentives should come from policies, but they can also come from technologies like Verse's that help organizations save money and reduce emissions at the same time. According to a Rhodium Group report profiled today in a piece in Canary Media Inc., industrial emissions are not decreasing fast enough to meet US climate goals. This is where Verse comes in. Our platform helps companies understand, plan, procure, and manage clean energy, ranging from RECs to maximum carbon-free energy. Our algorithms perform the immensely complex task of quantifying the cost of hourly matching clean power in minutes, ensuring compliance with the 45V green hydrogen production tax credit, for instance. We also assist companies in procuring clean energy as they electrify their processes. By leveraging our technology, companies can save on electricity costs, providing the economic incentive needed to set and pursue clean energy goals or revamp their facilities for clean energy use. DM me for more information or a demo of our software. https://lnkd.in/giYWit5v #renewableenergy #sustainability #energy #emissions

Interesting results from a new Heatmap News poll showing battery storage as the least popular source of zero-carbon power. That's unfortunate, given battery (and other) storage's role in reaching 100% decarbonized electric grids. On the other hand, although battery storage may not be popular with average citizens, it's gaining popularity with corporate energy buyers. Check out our blog on why it's an attractive asset class for organizations seeking to lower electricity costs and carbon emissions: https://lnkd.in/dJwfqafV #energy #renewableenergy #sustainability #energystorage

Not all electric grids are "greening" at the same rate. Accurate emissions forecasting and analysis should account for these local variations. This helps companies understand where to invest for the greatest emissions-reduction impact. Anthesis Group uses the advanced modeling and comprehensive datasets in Verse's Data Hub to capture these critical factors so clients can develop accurate regional emissions forecasts that drive informed investment decisions. Verse Head of Strategy Shehzad Wadalawala, CCO Matt Penfold, and Director of Business Development Tanner McAuley will be at the Clean Energy Buyers Association (CEBA) Connect: Spring Summit next week in Denver (Matt and Shehzad will be leading a Conversation Topic on planning optimal clean energy portfolios at least cost). Reach out to us here or via email ([email protected]) to connect with us at the event and learn more about Verse's Aria software platform! #CONNECTatSUMMIT #sustainability #renewableenergy #energy

We're looking forward to World Hydrogen North America next week (May 21-23) in Houston: Given Treasury's anticipated final guidance on 45V (hourly matching of clean power for green hydrogen production), it should be an interesting event! If you'll be at the conference and have questions about how to quantify the cost of hourly matching for your business, we're happy to explain how our Aria software enables that calculation (as well as others). Or you can request a demo via email at [email protected]. You can also check out our comments to Treasury on the role storage can play in the 45V green hydrogen credit: https://lnkd.in/gGRtwAeY See you in Houston! #WHNA, #WHNA24, #WorldHydrogenNorthAmerica, #hydrogen, #sustainability, #renewableenergy

In the face of more rigorous carbon pricing regulation, many companies are considering setting an internal cost of carbon to incentivize lower-emission investments. In our latest blog, Shehzad Wadalawala explores why companies that are serious about decarbonization would assign a cost to their carbon emissions and how doing so would impact their planning process and roadmap. Check it out here: https://lnkd.in/gFQb6ddP #decarbonization #renewableenergy #sustainability