As part of the partnership between LF Energy and Microsoft to decarbonize the electricity grid Dr. Audrey Lee, Senior Director of Energy Strategy at Microsoft, has been elected to represent the general members of the Board of Directors of the LF Energy Foundation.
In an interview with TFiR's Swapnil Bhartiya, Audrey Lee spoke about the goals decarbonization of electricity from Microsoft and the opportunity to collaborate with members of LF Energy.
Audrey lee led engagement at Microsoft, who recently joined the LF Energy Foundation, and Ms. Lee noted that no entity, not even a force like Microsoft, or customers or utilities, can tackle the challenges that lie ahead on its own.
To do your part, Microsoft has committed that by 2030, 100% of its electricity consumption, 100% of the time, it will be offset by carbon-free energy purchases.
Audrey noted, and we agree, that no single entity, not even a force like Microsoft, or customers or utilities, can match the challenges we face.
To do its part, Microsoft has committed that by 2030, 100% of its electricity consumption, 100% of the time, will correspond to zero-carbon energy purchases.
This is an effort that all companies must make to transform our economies and save the planet. Replacing the engines, including fossil fuels, that power our global economy is not just a pre-competitive opportunity, but a cooperative march to stop climate change and the serious social and economic threats it promises.
It is mentioned that LF Energy members are convinced that there is gold at the end of this rainbow where innovation does not destroy capital, but allows more to be done with less. According to Lee, Microsoft "cannot control the results on our behalf" and cannot control how electricity is produced. However, Microsoft can work with others to influence the way you buy electricity and move towards decarbonizing the entire power grid.
This harnessing of collective innovation, power and mindset it is the reason why LF Energy exists. La decarbonisation is no longer a luxury, not even an option, and it should not be seen as a competitive advantage reserved for a few. It is an essential element in creating a sustainable future for all.
And all companies, all organizations, all sectors of the economy must get going. Billions of dollars will be spent to transform the economy, and the industry titans must lead the way.
LF Energy drives the most cutting-edge open source projects to enable this mission. By partnering with others, including Microsoft, these technologies can emerge more quickly and then spread throughout the energy industry.
As Dr. Lee points out in his interview, LF Energy is also a forum to help foster changes in regulatory environments. so that they too welcome investment and technological change.
Today's energy service companies are like the telecommunications monopolies of a few decades ago, as telecommunications have seized the opportunities of the Internet and have been transformed.
Energy services companies are today on a similar cliff, since like the regulators who supervise them, they are also in need of a regulatory transformation, so that policies encourage and above all do not hinder, investment in technology .
It is imperative that businesses, organizations and government officials - that is, all of us - are part of this effort so that it can move forward at the speed necessary to meet the challenge.
Whether the solutions to be found in new technologies, new mindsets, new regulations, or more likely all three and a host of other factors, LF Energy will be there.