September 26, 2022
Toronto, ON – Sept. 26, 2020 – Ontario Power Generation (OPG) and Microsoft announced a Canada-first strategic partnership aimed at tackling climate change and driving sustainable growth across Ontario. The two companies will work together on a series of initiatives that are focused on delivering innovative clean energy solutions and digital skilling programs.
Microsoft will procure Clean Energy Credits (CECs) sourced from OPG’s carbon-free hydro and nuclear assets in Ontario on an hourly basis. This will enable Microsoft to advance progress on its 100/100/0 by 2030 goal whereby Microsoft is committed to powering its datacentres globally with carbon-free energy, around the clock.
Revenue raised through sale of CECs can be used to benefit ratepayers and support investments in new clean generation in the province, helping to meet increased demand for electricity to power Ontario’s economic growth.
Along with the purchase of clean energy credits from OPG, the two companies will also collaborate on several important sustainability initiatives, including:
As part of the partnership, OPG has also joined the CEO Pledge, an initiative launched by Microsoft Canada, to commit its used technology to the Government of Canada’s Computers for Schools Plus (CSF+) program, with the goal of bridging the digital divide. The two companies will also roll-out a series of digital skilling initiatives to provide Indigenous communities with tangible opportunities, including skills-building to increase economic and employment options.
“This innovative partnership will not only spur economic development in Ontario, but also serve as a model for other companies and jurisdictions to encourage use of clean hydro and nuclear power,” said Ken Hartwick, OPG President and CEO. “As part of OPG’s Climate Change Plan, we committed to achieving net zero as a company by 2040, and to act as a catalyst for efficient economy-wide decarbonization. Ensuring industry has access to clean energy to offset emissions assists in meeting that goal.”
“We can only address climate change by tackling the challenge collectively. Agreements like this one with OPG will help Microsoft move closer to achieving our sustainability commitments, including our goal of having 100 percent of our electricity consumption, 100 percent of the time, matched by zero carbon energy purchases by 2030.” said Chris Barry, President, Microsoft Canada. “Working closely with like-minded organizations like OPG, will help us move toward a more sustainable future, while continuing to power innovation in Ontario.”
“As environmental goals increasingly influence corporate decisions on where to invest and grow, this partnership between OPG and Microsoft illustrates the potential for Ontario’s Clean Energy Credit registry to draw businesses from across the world to our province,” said Todd Smith, Minister of Energy. “This voluntary registry will incentivize investments in new clean energy generation and technological innovation while reducing costs for ratepayers.”
As a global climate change leader and the largest, most diverse electricity generator in the province, OPG and its family of companies are helping lead the charge to a post-carbon economy. For more information, please visit www.opg.com.
About Microsoft Canada
Established in 1985, Microsoft Canada Inc. is the Canadian subsidiary of Microsoft Corporation (Nasdaq “MSFT”) the worldwide leader in software, services and solutions that help people and businesses realize their full potential. Microsoft Canada provides nationwide sales, marketing, consulting and local support services in both French and English. For more information on Microsoft Canada, please visit www.microsoft.ca.
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OPG and Microsoft announce strategic partnership to power a Net-Zero future for Ontario – MicrosoftOPG and Microsoft announce strategic partnership to power a Net-Zero future for Ontario – Microsoft https://eliteenterprisesoftware.com/wp-content/uploads/2022/09/wp-header-logo-857.png 0 0 Alan Dickson https://secure.gravatar.com/avatar/6162a8bbc0c962bebd372efbc1908402?s=96&d=mm&r=g
September 26, 2022