CASE STUDY
HASI’s High-Impact Renewable Energy Procurement
CASE STUDY
A Simplified, Streamlined Process
Clean Incentive's platform significantly simplified the renewable energy procurement and emissions accounting process for HASI:
Easy Data Sharing
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HASI simply shared monthly power statements—no complex data handling was necessary.
Flexible Goal Setting
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HASI easily selected their desired carbon accounting goal, of annual energy matching and emissions matching.
Budget
Friendly
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HASI could clearly define their procurement budget upfront, ensuring financial transparency and ease.
Effortless Transaction
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Completing the transaction was straightforward—the platform managed all payments and legal agreements
Auditable
Proof
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HASI promptly received clear documentation confirming the retirement of RECs and GCs
By leveraging granular certificates, we’ve aligned our procurement strategy with our mission to prioritize measurable emissions reductions and match procurement with induced emissions in a verifiable way.
- Chad Reed
Vice President - Strategic Initiatives, Sustainability & Impact, HASI
Step 1: Impact Assessment
​Clean Incentive’s portfolio management tools allowed HASI to comprehensively analyze its electricity consumption patterns across its operational footprint.
Utilizing robust analytics, HASI was able to precisely calculate induced emissions based on granular power usage data.
The marketplace integrated marginal emissions rates (MERs), providing HASI with a clear picture of its true emissions impact and laying the foundation for informed procurement decisions.
Step 2: REC Conversion to
Granular Certificates
Project operator leveraged Clean Incentive’s Granular Registry to convert standard unbundled RECs into GCs.
This conversion utilized precise hourly meter data in alignment with the EnergyTag Standard, enabling each GC to represent renewable energy generation at exact hourly intervals.
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​With GCs now precisely timestamped and enriched with MER-based carbon impact metrics (using data from REsurety, WattTime, and ClimateTRACE)
Step 3: Identifying High-Impact GCs on the Marketplace
The issued GCs were ranked and listed actively on Clean Incentive’s marketplace.
The marketplace’s proprietary industry impact rankings, which evaluate and rank GCs based on their carbon reduction effectiveness, were critical for HASI.
These rankings enabled HASI to efficiently identify and select the highest-impact GCs available, directly aligning their procurement strategy with their emissions reduction goals.
Step 4: Secure and Auditable Retirement of GCs
​Finally, once HASI selected the optimal high-impact GCs, these certificates and their corresponding original RECs were securely retired directly to HASI’s account within the Granular Registry.
This final step ensured a transparent, auditable trail, providing assurance against double counting and verifying HASI’s credible emissions reductions for stakeholders and auditors alike.
CASE STUDY
Results and Impact
By leveraging Clean Incentive’s end-to-end workflow, HASI successfully executed a transparent, precise, and impactful renewable energy procurement. The use of granular data and carbon impact analytics provided HASI with the robust insights necessary for accurately reporting emissions reductions, significantly enhancing their sustainability credibility and demonstrating leadership in climate accountability.