Company Research Report: RPD Energy
Company Overview
Name
RPD Energy
Mission
RPD Energy helps top U.S. companies achieve their renewable energy goals by providing innovative solutions for companies seeking to meet sustainability goals through renewable energy contracting.
Founded and Founders
No information is available.
Key People
- Eric Alam: CEO & Board
- Evelyn Nordin: CFO
- Rohit Marwaha: EVP, Product Development & Supply
- Tanya Lamb: Director of Marketing
- Emily Calbert: Director of Business Development
- Chris Mathey: Strategic Consultant
Board Members
- Max Duckworth: Chair & Investor
- Greg Staple: Founder, Board & Investor
- Peter Weigand: Board & Investor
- Seth Greengrass: Director & Investor
- Lillian Shattock: Board & Investor
Headquarters
13810 Champion Forest Drive, Suite 256, Houston, TX 77069
Number of Employees
No information is available.
Revenue
No information is available.
What the Company is Known For
RPD Energy is known for facilitating the sourcing, contracting, and delivery of renewable energy specifically tailored for top U.S. businesses. They offer innovative and flexible renewable energy options, including shorter-term retail contracts, customized regional energy solutions, and practical sustainability solutions.
Products
Overview
RPD Energy offers various renewable energy products, primarily focused on customization, flexibility, and meeting specific sustainability goals for top U.S. businesses.
High-Level Product Descriptions
Base Product
A simplified alternative to traditional PPAs, the Base Product aligns local physical renewable power with customer needs, without disrupting existing consultant or broker relationships.
24/7 Carbon Free Energy (CFE) Product
Combines renewable generation, analytics, and retail contracting to match hourly physical renewable generation with hourly customer usage, across multiple ISO regions.
Key Features
Base Product
- Provides benefits of a PPA with simplicity of a retail contract
- Delivers local physical renewable power
- Easy and affordable implementation
- Shorter contract terms (typically 5-10 years)
24/7 CFE Product
- Uses load analysis and forecasting for customized energy solutions
- Optimization of resource mix using wind, solar, hydro, etc.
- Standard wholesale transactions for generators, standard supply transactions for REPs
- Shorter term retail contracts with high flexibility
- Balances supply and cost while mitigating risks
Recent Developments
Recent Developments in the Company
RPD Energy continues to innovate in the renewable energy sector by forming partnerships, winning awards, and expanding its market presence.
New Products Launched
No information is available.
New Features Added to Existing Products
Recent developments include the enhancement of the 24/7 Carbon Free Energy (CFE) product to provide hourly load matching with physical renewable energy using wind and hydro sources.
New Partnerships
- Iron Mountain Landmark 24/7 CFE Solution: A partnership delivering renewable energy to Iron Mountain’s multiple facilities, recognized as the broadest and most complex transaction in the marketplace.
- Scoville Risk Partners: This partnership focuses on leveraging deep energy analytics for 24/7 renewable energy solutions, enhancing predictive capabilities and risk management.
Key Metrics
- 2,500,000 Megawatt-Hours Contracted to Date
- 1,196,565,816.63 Pounds of Coal Not Burned
- 17,882,459.97 Tree Seedlings Grown for 10 Years
Conclusion
RPD Energy stands out as a leader in renewable energy solutions, known for innovative and flexible products that meet the scalability and sustainability goals of top U.S. businesses. By leveraging key partnerships and advanced analytics, RPD Energy remains dedicated to driving higher demand for renewable energy through accessible and impactful offerings.