Rebel Energy opts for TransUnion's TrueVision data platform
Rebel Energy has selected TransUnion’s data platform, TrueVision, to provide a more accurate picture of an individual’s credit history - claiming it's a UK utility first.
With up to 72 months of credit account history, TrueVision can help enable Rebel Energy to make more informed decisions, as well as providing greater understanding about each individual’s financial circumstances, providing opportunities for tailored plans and enhanced customer relationships.
Dominic Goslett, director of utilities at TransUnion in the UK said: "It’s really important as the industry continues to deal with the impact of COVID-19 that energy providers know and understand their customer’s financial position so they can engage with them in a meaningful way."
TransUnion’s Financial Hardship Study, which has been tracking the impact of the pandemic since March, has consistently shown that utilities is one of the areas of greatest concern for those struggling with their bills.
Dan Bates, founder and CEO of Rebel Energy commented: “Rebel Energy is on a mission to make a positive and lasting impact on our world and in our society – it’s about making a genuine difference. Harnessing the insights available from TransUnion, we will use a unique approach to moving customers away from prepay onto new, smarter meters that enable them to get the best prices for their gas and electricity. This will enable our customers to access better tariffs and also to build their credit history, helping them to move out of fuel poverty and transforming lives.”
TrueVision can be used by businesses in a number of ways, whether setting out new policies or refining existing strategies. Its extensive portfolio of attributes and proprietary algorithms can produce a more holistic view into consumer behaviour, helping the organisation to identify and understand the customer’s financial situation. Customer relationships can be strengthened by delivering appropriate communications and offers to the right customers at the right time, improving the customer experience.
Rebel Energy will also be using TransUnion’s industry-leading audience segmentation tool, CAMEO UK, for additional insight into its customers, which uses the latest modelling techniques to build intelligence, so businesses can make better decisions.
AES Corp seals 10-year carbon-free energy deal with Google
The AES Corporation has struck a 10-year supply contract with Google to provide near-carbon-free energy to power its Virginia-based data centers which will start later this year.
Claiming the first clean energy procurement deal in the world of its kind, AES will help ensure that the energy powering those data centers will be 90% carbon-free when measured on an hourly basis.
AES will become the sole supplier of the data centers' carbon-free energy needs on an annual basis, sourcing energy from a portfolio of wind, solar, hydro and battery storage resources to be developed or contracted by AES.
The agreement marks an important step in meeting Google's previously announced goal to run its business on 100% carbon-free energy on an hourly basis by 2030.
"Last year, Google set an ambitious sustainability goal of committing to 100% 24/7 carbon-free energy by 2030. Today, we are proud that through our collaboration with Google, we are making 24/7 carbon-free energy a reality for their data centers in Virginia," said Andrés Gluski, AES President and CEO. "This first-of-its-kind solution, which we co-created with Google, will set a new sustainability standard for companies and organizations seeking to eliminate carbon from their energy supply."
"Not only is this partnership with AES an important step towards achieving Google's 24/7 carbon-free energy goal, it also lays a blueprint for other companies looking to decarbonize their own operations," says Michael Terrell, Director of Energy at Google. "Our hope is that this model can be replicated to accelerate the clean energy transition, both for companies and, eventually, for power grids."
AES assembled the 500MW portfolio from a combination of AES' own renewable energy projects and those of third-party developers, which were selected, sized and contracted to meet Google's energy needs across a number of considerations, including cost efficiency, additionality and carbon-free energy profile.
The portfolio assembled by AES is expected to require approximately $600 million of investment and generate 1,200 jobs, both permanent and construction, in the host communities. These efforts will greatly simplify Google's energy procurement and management at a competitive price while decarbonizing Google's load and the broader PJM grid.
This supply agreement follows on the strategic alliance AES and Google formed in November 2019 to leverage Google Cloud technology to accelerate innovation in energy distribution and management and advance the adoption of clean energy. AES is pioneering greener, smarter energy innovations, with the goal of expanding the services available to large-scale corporate customers.
The Google.org Impact Challenge on Climate commits €10M to fund bold ideas that aim to use technology to accelerate Europe’s progress toward a greener, more resilient future. Selected organisations may receive up to €2M in funding and possible customised post-grant support from the Google for Startups Accelerator to help bring their ideas to life.
Last year it issued $5.75 billion in sustainability bonds to fund ongoing and new environmentally or socially responsible projects. To read its 2020 Environment report, click here.