Vattenfall and Microsoft have jointly developed a solution, providing customers a new level of transparency into their electricity consumption making it possible to go from year-based data to hourly based data on source of origin. The solution, 24/7 Matching, is being piloted at Vattenfall and Microsoft Headquarters in Sweden.
The new 24/7 solution is built with Microsoft Azure IoT Central platform that connects energy generation such as wind- and hydro power from Vattenfall, with data from smart meters that measure the consumption in real-time. An increasing number of companies are committing to 100 percent renewable energy. Fulfilling this ambition requires a reliable way of tracking renewable electricity. Guarantees of Origin (GOs), an electronic document that provides proof of the source of a given quantity of renewable energy, are used today. GOs matches consumption and production over a year. The new solution matches this hour by hour, keeping in line with the GO system and established frameworks for carbon reporting by cancelling GOs based on the hourly matching.