Energy Attribute Certificates confirm 1 MWh of electricity from renewable resources. It specifies the location, time, and method of electricity generation. For every location you operate worldwide, you can lower your energy-related carbon footprint by investing an equivalent number of EACs. Purchasing Energy-Aware Certificates (EACs) is the most convenient and economical way for most businesses to legitimately meet their climate protection objectives.
EACs Worldwide
Globally, EACs are accessible for a wide range of markets and nations. EACs are referred to as Guarantees of Origin (GoOs) for the European market. Of course, there are also EACs from other parts of the globe, like RECs for businesses operating in North America and I-RECs for places like China and India.
Bundled and Unbundled EACs
Bundled and unbundled EACs are fundamentally different in how they are purchased. Physical electricity is sold alongside bundled energy access certificates (EACs) under a single contract. Power Purchase Agreements (PPAs) between electricity producers and consumers frequently include this arrangement. Unbundled EACs, on the other hand, are offered for sale individually by independent merchants who do not supply actual electricity. Customers who purchase Energy Attribute Certificates (EACs) in both of these scenarios continue to use the grid’s electricity supply while at the same time using the certificates to verify their use of renewable energy sources and bolster their emissions reduction claims.
Contribution to the Energy Transition
EACs, both bundled and unbundled, play a major role in the energy transition. EACs invest in renewable capacity and boost the revenue of renewable energy producers by placing a premium on clean electricity. Through PPAs, Bundled EACs lower emissions and promote the creation of new renewable energy projects. Regardless of the size or budget of their organization, a broad spectrum of consumers can support renewable energy thanks to unbundled EACs’ flexibility and accessibility. Therefore, the buyer’s particular needs and objectives will determine whether to choose bundled or unbundled EACs. These certificates allow consumers to make knowledgeable environmental claims and encourage investment in clean power, both of which contribute to a low-carbon future. They also serve as documentation for purchases of renewable energy.
How does Renewable Energy Software help getting EAC?
This software meticulously tracks the ebbs and flows of energy generation and usage in pursuit of a coveted treasure: Environmental Attribute Certificates (EACs) could also boost the market for renewable energy sources. These certificates of origin are symbols of sustainability in energy we are looking for and each kilowatt-hour of energy produced carries a green mark of accountability.
- Monitoring Renewable Energy Generation: Users of renewable energy software can keep an eye on the generation of renewable energy from different sources, including hydroelectric, solar, and wind power plants.
- Tracking Energy Consumption: Software for renewable energy also makes it possible to monitor how much energy is used within a system or organization. Energy use analysis helps improve efficiency and reduce consumption.
- Verification of Renewable Energy Attributes: Verifying the environmental characteristics of renewable energy generation, such as its carbon emissions savings and renewable energy certificates (RECs) or EACs, is one of the main purposes of renewable energy software.
- Documentation and Reporting: Software for renewable energy makes it easier to complete the reporting and documentation procedures needed to get EACs. Users can quickly gather the required documentation to show compliance with standards and regulations by automating data collection and report generation.
- Integration with Certification Programs: A lot of software platforms for renewable energy are made to work seamlessly with registries and certification programs that grant EACs. This integration guarantees regulatory compliance, minimizes administrative burdens, and streamlines the application and acquisition process for EACs.
In conclusion, renewable energy software is essential for enabling the purchase of EACs since it offers instruments for tracking, monitoring, validating, and recording the production and use of renewable energy. Organizations can show their dedication to sustainability and aid in the shift to clean energy by utilizing these capabilities.
