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Steve Schaefer

Steve Schaefer

Senior Vice President of Origination and Head of Canadian Operations

Corporate decarbonization can be a long and complicated process, but Amp helps its clients become leaders in the push to net-zero.

The transition to a low-carbon global economy is increasing the corporate demand for power purchase agreements (PPAs) as organizations seek to reduce emissions and secure their long-term energy costs. As one of Canada’s leading renewable energy developers, Amp’s vision and technological innovations are reshaping traditional sustainability strategies and helping corporations realize their clean energy future.

Forging a new era in Canadian renewables

Steve Schaefer has been with Amp since its inception in 2009 and now serves as Senior Vice President of Origination and Head of Canadian Operations. Schaefer and his team have developed over 130MW of renewable energy across over 550 projects, primarily in the form of feed-in tariff contracts supplied by solar and, more recently, hybrid solar plus battery storage assets.

“The genesis of our commercial and industrial (C&I) strategy is to solve the challenges associated with C&I clients achieving their environmental sustainability targets by providing the most beneficial solutions,” says Schaefer. “This is why Amp is now a top-tier PPA provider globally.”

With decarbonization being new territory for many C&I organizations, Amp’s initial role focuses primarily on education, data collection, and strategic planning.

“More and more C&I organizations are making ambitious net-zero commitments, but they don’t always know where to start,” says Schaefer. “That’s exactly where we come in.”

A holistic approach to decarbonization

Amp has evolved from supplying clean energy solutions to complete decarbonization strategies. In the increasingly competitive renewable energy sector, one of Amp’s key differentiators is its holistic approach to C&I energy transitions.

“Many organizations have taken small steps in the decarbonization space to date, but have now either generated their own net-zero target or had one imposed upon them,” says Schaefer. “Decarbonization doesn’t rely on one single pillar. The only way to reach these goals is through a holistic approach.”

Amp’s unique approach will include combining renewable generation with battery storage and its proprietary digital energy platform, Amp X. “We’re now integrating and unifying real asset development with Amp X, combining supply and demand through a digital platform with a single optimization engine,” says Schaefer. “We will be taking all the energy nodes, whether they’re consumption, generation, or both combined with storage, and providing the unique capability to optimize behind the meter.”

Unlocking energy flexibility with Amp X

The development and evolution of Amp X has been a revelation in the integrated energy solutions space. Working in conjunction with renewable energy and storage assets, Amp X is designed to unlock new levels of optimization and flexibility, enabling C&I customers to potentially generate new revenue streams via participation in energy markets.

Amp is also rapidly establishing itself as a global leader in the energy storage space, with an expanding portfolio of standalone assets and hybridized systems pairing batteries with solar or wind. In addition to extending the penetration of renewable generation, energy storage is emerging as an effective way to reduce peak energy demand.

Amid the rapid progress of Canada’s C&I decarbonization efforts, Schaefer is excited by the scale of the opportunities that lie ahead. “It’s breathtaking to see how many organizations are making that net-zero pledge, and my team and I are excited to support our C&I partners in achieving this vision,” he says.

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