This webinar, the fourth in a series of WRI-hosted webinars on 24/7 CFE, spotlights key data challenges surrounding 24/7 CFE, as well as approaches and solutions to these challenges.

1. IMAGE: FLICKR/MICHAEL MULLER
Data for 24/7 Carbon-Free Energy
Measurement and Tracking
December 6th, 2022

2. AGENDA
• Welcome Remarks and Updates
– Nate Hausman, Manager, Clean Energy Markets, World Resources Institute
– Michael Macrae, Senior Manager, Greenhouse Gas Protocol, World
Resources Institute
• Panelist Perspectives
– Chris Pennington, Director of Energy and Sustainability, Iron Mountain
– Olivier Corradi, Founder & CEO, Electricity Maps
– Simone Accornero, Co-Founder & CEO, FlexiDAO
• Questions & Answer Period
• Closing Remarks

3. 24/7 CFE WEBINAR SERIES, COHORT, & RESOURCES
WRI will be hosting one more webinar in early 2023. The recordings of
the previous 24/7 CFE webinars are available on our webpage: 24/7
Carbon-Free Energy Events
Want to learn more? WRI has developed a 24/7 CFE Resources page
with short descriptions and useful links to reports and other
documents, organized by category.
A cohort of U.S. local governments has been exploring what it takes to
advance their 24/7 carbon-free energy goals. The slides from the
workshops can be found on our Local Governments Cohort page.

4. GoCarbonFree247.com Join the Movement
#GoCarbonFree
THE 24/7 CFE COMPACT
Energy purchasing: Reorient consumer
energy goals to focus on decarbonization of
hourly electricity consumption.
Policy: Structure policies to accelerate
electricity system decarbonization.
Technology: Rapidly deploy existing CFE
technologies and commercialize advanced
CFE and demand optimization technologies.
.
Consumer Empowerment: Provide
consumers with access to granular energy
data to enable actions that maximize
decarbonization impact.
An umbrella compact centred around five broad
principles and actions
Energy Solutions: Create new products and
services to enable around-the-clock clean
energy to be delivered to consumers.

5. NEW 24/7 CFE ISSUE BRIEF
https://www.edisonfoundation.net/-/media/Files/IEI/publications/IEI_Designing-100-Carbon-Free-Energy-
Solutions_December-2022.pdf
Designing 100 Percent Carbon-free Energy
Solutions: Preferences, Challenges, and
Pathways Forward
• IEI and WRI hosted a series of workshops with six
corporate customers and seven regulated electric
utilities.
• The goal was to better understand customer demand
for 24/7 CFE solutions, key challenges to scaling these
solutions, possible designs of CFE offerings, and much
more
• To learn more and read the full brief:

6. • Surveys are part of GHG Protocol’s process to determine the need and scope
for additional guidance or updates to the existing set of corporate standards
• Conducting four surveys that can be accessed online (link in chat)
– Corporate Accounting and Reporting Standard
– Scope 2 Guidance
– Corporate Value Chain (Scope 3) Standard and Scope 3
Calculation Guidance
– Market-based accounting approaches
• Survey deadline is February 28, 2023
• Questions about the survey can be sent to sarah.huckins@wri.org and
michael.macrae@wri.org
GHG Protocol Releases Surveys on Standards and Guidance

7. TODAY’S SPEAKERS
Olivier Corradi
Founder & CEO,
Electricity Maps
Simone Accornero
Co-Founder & CEO,
FlexiDAO
Nate Hausman
Manager, Clean
Energy Markets
WRI (moderator)
Chris Pennington
Director of Energy
and Sustainability,
Iron Mountain

8. IMAGE: FLICKR/MICHAEL MULLER
Iron Mountain
Chris Pennington,
December 6, 2022

9. We strive to be our
customers’ most
trusted partner for
protecting and
unlocking the value of
what matters most to
them in innovative and
socially responsible
ways

10. By 2040 we will use 100% clean
electricity, 100% of the time in our data
centers. To accelerate decarbonization
of the grid, we are going beyond our
RE100 commitment of 100% renewable
electricity.

11. We procure power at scale and provide it to clients as needed
Most energy consumed on-site is our client’s energy footprint and Scope 2 volume
We buy the power clients would choose to buy for themselves in support of their
environmental goals
95% of Fortune 1000 companies are Iron Mountain clients

12. Corporate energy procurement as an agent
of change
Corporate Sustainability Goal Themes
Data is paramount in making decisions that drive
differentiated outcomes
Accuracy of impact claims is becoming increasingly
important and required
Recognition that the more difficult challenges
represent the greatest opportunity for impact, and may
take longer to realize

13. IMAGE: FLICKR/MICHAEL MULLER
Electricity Maps
Olivier Corradi
December 6, 2022

14. Data For 24/7 Carbon-Free
Energy Measurement and
Tracking
Olivier Corradi / @corradio
electricitymaps.com

15. 15
Electricity Maps’ mission
organise the world’s electricity data
to drive the transition towards
a truly decarbonised electricity system.
Read more at https://www.electricitymaps.com/blog/a-vision-for-electricitymaps

18. 18
Timing and location matter.
However, most companies account for their electricity
footprint using annual values!

19. Generators burn fossilfuels directly (scope 1). They are
thus exposedto a carbon tax (ETS in Europe) by law.
● directlyaffectingthe spotmarket
● from 30€ to 80€ perton of CO2
Consumers cause emissionsindirectly by consumingfrom
generators (scope 2). They are voluntarilysettingtargets
to decarbonise their supply (GreenhouseGas Protocol,
SBTI)
● Voluntarytargets are the maindriver
● Science-BasedTargetsenablesto alignscope 1, 2
(and potentiallyscope 3)ambitions witha 1.5°C
pathway
1
2
Incentives to decarbonise
the power grid
19

20. Different incentives to reach corporate targets
location-based
Targets can be tracked differently as there are multiple ways
to attribute
emissions from generators to consumers
(yearly) market-based 24/7
Consumers can’t chose the origin of
their electricity, as it irreversibly mixes
as it gets injected into the grid
What Consumers can buy GOs/RECs to cover
their annual consumption and thus
become 100% renewable
Same as market-basedbutGOs/RECs
need to be physical deliverable
(temporaland spatialmatching)
Impact ✓ Incentivises flexibility
✓ Incentivises optimal sitting
⤫ No way to fund capacity investments
⤫ No way to fund storage investments
✓ Credible traceability instrument
⤫ Incentivises flexibility
⤫ Incentivises optimal sitting
✓ Funds capacity projects1
⤫ No way to fund storage investments
⤫ Credible traceability instrument
✓ Incentivises flexibility
✓ Incentivises optimal siting
✓ Funds capacity projects1
✓ Funds storage and other grid projects
✓ Credible traceability instrument
1 if the purchase is additional
Note: avoided emissions, emissionality and carbon offsets do not allow attributing grid emissions to consumers, and thus are not eligible for corporate targets.
Read more at https://www.electricitymaps.com/guides/accounting-guide

21. “24/7” commitments of large cloud providers
21
“By 2030 Google is aiming to run our business on carbon-free energy everywhere, at all
times.”
Sundar Pichai, Google, 2020
“By 2030 Microsoft will have 100 percent of our electricity consumption,
100 percent of the time, matched by zero carbon energy”
Lucas Joppa, Microsoft, 2021

22. Free, popularand used acrossthe globe
25k dailyactiveusers on the real-time map.Used in universities
as part of curriculum, heavilydiscussedon socialmedia.
Open source
1300 contributions led to 100+ countries on the map.Most
popular#climate-change project on github.
+6000Home Assistantintegrations
Shapingemerging regulation
Used byministers andheadofstates,usedto engage at policy
level and to raise awarenessabout the needforgranularand
real-time electricitydata
Opportunity: availability
of granular grid data
22
Electricity Maps App
+1M unique visitors in 2021

23. The commercial API provides unified access to
the world’s electricity data
Easily accessible in CSV format orthrough ourAPI (recommended),formore informationplease referto our
API documentation
Historical Real-Time Forecasted
All the way back to 2018, with hourly
granularity
Updatedhourly; estimatedin case of
delayed/missing data1
Hourly granularity up to 24 hours
aheadof time
Mostly used for carbonaccounting&
impact analysis
Mostly used for integrationinto user
interfaces
Mostly used for loadshifting or
integrating into user interfaces
24
Source: ElectricityMaps - Note 1) estimates are flagged in the API, and activated by default to ensure no gaps in real-time data.

24. Challenge: computing grid emissions

25. Flow-tracing traces back the origin of electricity
interconnections affects the whole grid
electricity sources mix and can’t get unmixed
Read more at https://electricitymap.org/blog/flow-tracing/
26
You can’t trace individual electrons.. But that’s doesn’t mean
you can’t know where your electricity comes from!

26. Read more at https://electricitymap.org/blog/flow-tracing/ 27
Conservation of energy:
power consumed = Σ production + Σ imports - Σ exports
Conservation of CO2:
power consumed * carbon intensity = Σ (production * carbon intensity of mode)
+ Σ (imports * carbon intensity other area)
- carbon intensity * Σ exports
Last step: solve for x, Ax=b, every hour of the year
The maths behind the flow-tracing algorithm
a coupled system of linear equations applied to the whole grid

27. Nuclear and hydro in Danish electricity
due to imports
Physical origin of electricity in East Denmark
(including imports)
28

28. 29
Timing and location matter.
Companies now account for their electricity footprint
using annual values granular grid data.

29. Thank you
for listening
Electricity Maps
electricitymaps.com
30

30. IMAGE: FLICKR/MICHAEL MULLER
FlexiDAO
Simone Accornero
December 6, 2022

31. Moving to 24/7 CFE
Harnessing the power of accurate energy data to
achieve a fully decarbonizedeconomy
Dec 6th, 2022

32. About FlexiDAO
We help companies navigate through the 24/7 CFE journey to truly eliminate emissions,
avoiding costs & risks.
SOME OF OUR CUSTOMERS
& PARTNERS TO DATE
CO-CREATING GLOBAL STANDARDS
TECHNOLOGY FOR THE PRESENT
AND FUTURE
Our end-to-end 24/7 Carbon-free
Energy platform:
Today we offer data, analytics &
portfolio management for 24/7
CFE procurement
Working on the future market for
granular certification of energy
through blockchain

33. About FlexiDAO
We help companies navigate through the 24/7 CFE journey to truly eliminate emissions,
avoiding costs & risks.
6+
TWh/YEAR
30+
CORPORATE
BUYERS
14
COUNTRIES
200+0
ASSETS

34. AN OPPORTUNITY TO BECOME
A CORPORATE LEADER IN A
DECARBONIZED ECONOMY.
INCREASING PRESSURE ON
CREDIBLE & ACCURATE
SUSTAINABILITY REPORTING.

35. A shifting reporting
landscape
“GHG Protocol is starting a
process to determine the need
for additional guidance building
on the existing set of corporate
GHG accounting and reporting
standards”
(Source: GHG Protocol, 2022)

36. How can RE buyers ensure they are not reliant on fossil fuels during
hours when the wind doesn't blow and the sun doesn't shine?

37. The only way to fully eliminate electricity emissions
is by looking at the hourly match.
CARBON NEUTRAL 100% RENEWABLE
(COMPENSATION)
“Offset emissions” “Reduce emissions” “Eliminate emissions”
24/7 CARBON FREE
ELECTRICITY
+50%

38. FlexiDAO’s software tracks the origin of clean electricity and its
CO2 every hour (24/7) with blockchain
15-MIN MATCH

39. FlexiDAO’s software REspring® helps with accurate data collection and
analytics that enable Scope 2 reporting and data-driven procurement decisions.
ENERGY ATTRIBUTE
CERTIFICATE (EACs)
Automated from DSOs /
TSOs or third-parties
Automated through API
data-hubs or flat-file
upload
CONSUMPTION (15-
min to monthly
granularity)
PRODUCTION
(15-min to monthly
granularity)
CO2 EMISSIONS
(hourly or yearly
granularity)
CREDIBLE
HOURLY SCOPE 2
REPORTING
RECOMMENDATIONS
ON ENERGY
PROCUREMENT
TIME SAVINGSIN
DATA GATHERING&
REPORTING
Automated through API or flat-
file upload from registries
Automated through API
data-hubs or flat-file
upload

40. Case study
24/7 monitoring and
certificationof green tariff
“Iron Mountain and FlexiDAO partner to acceleratethe
decarbonization of electric gridsby moving toward 24/7
Carbon-freeEnergy (CFE) procurement.”
Key facts:
●Proving the scalability of 24/7 CFE by tracingIron
Mountain’s performanceacross their entire UK portfolio
of 59 facilities, includingits UK based data centers.
●Enablinga more accurate and transparentcarbon
emission calculation from electricitysourcing, providing
Iron Mountain Granular Certificates (GCs) with an
hourly carbon content calculation from the power source,
following EnergyTag’s guidelines.

41. The 24/7 CFE journey : how to get started
1. EDUCATION & UNLOCKING RESOURCES
Learn what, why and how to run 24/7 CFE projects
Trial current 24/7 CFE score estimation in one country
(PoC).
Get C-level approvalto unlock budget
4 b. CFE PROCUREMENT
Scout, negotiate, and sign 24/7
CFE procurement contracts in
specific countries.
4 a. DIGITALIZATION
Live monitoringof annualvs
24/7 Scope 2 andCO2
Digitize your Scope 2 processes
and portfolio management
5. CERTIFICATION
Claim the hourly match with the
official instrument: Granular
Certificates (time stamped EACs).
2. BASELINING
Understandyour startingpoint and
identify your hourly gaps
Calculate your 24/7 CFE performance in
all regions
3. CFE STRATEGY
Run hourly matching
procurement scenarios for
optimisation
Plan 24/7 CFE procurement
strategy and roadmap,
prioritising countries
Plan data gathering and
analytics
1 2 3
4a
4b
5

42. 5th October 2022
In-person workshop in
Amsterdam for corporate
energy buyers.
1.Education - We will soon be launching our 24/7 CFE Academy Online!
January 2023
24/7 CFE Academy
Online Launch.
Stay tuned!

43. Let’s run your first
free CFE baseline estimation
Scan the QR code or type
https://cfescore.flexidao.com/

44. THANK YOU
Simone Accornero - CEO
s.accornero@flexidao.com

45. IMAGE: FLICKR/MICHAEL MULLER
THANK YOU
Look out for our next webinar in this series!