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Announcing the PEC Registry: Accelerating Decarbonization with Data-Enhanced RECs

We are thrilled to introduce the Power Emissions Certificates (PEC) Registry, a groundbreaking initiative aimed at transforming the landscape of renewable energy procurement and carbon emissions tracking. As we chart the course toward a net-zero future, the PEC Registry addresses critical challenges in existing frameworks, ensuring a more transparent, impactful, and accountable approach to corporate energy procurement.

What are PECs?

Missing Data Infrastructure

In the rapidly evolving landscape of corporate sustainability, organizations worldwide are committing to ambitious climate goals. However, the existing frameworks and market mechanisms for trading Renewable Energy Certificates (RECs) and executing Power Purchase Agreements (PPAs) face significant challenges:


  • Geographically Diverse REC Registries: The current REC registries are fragmented across different regions, each with its own standards and practices. Initiatives like EnergyTag aim to certify the time-based attributes of renewable energy, but their integration with existing REC frameworks remains limited. This gap hampers the ability to accurately match renewable generation with consumption on an hourly basis on a global scale.


  • Marginal Emissions Providers: Providers of marginal emissions data offer valuable insights into the emissions impact of electricity generation at specific times and locations. However, their data is often not integrated with REC registries, limiting the use of RECs in emissionality or carbon-matching procurement strategies.


  • Various REC Marketplaces and Portfolio Management Software Companies: There are numerous REC marketplaces and software solutions for managing renewable energy portfolios. Yet, these tools often operate in silos, lacking interoperability and a unified approach to carbon impact measurement.


Addressing the Market Gap

The PEC Registry aims to bridge these gaps by providing a unified, global registry that integrates time-stamped and location-specific emissions data with existing REC registries. This approach offers several key benefits:


  • Flexibility for Enhanced PPAs: Corporate buyers are now looking for ways to improve their PPAs by incorporating hourly matching or carbon matching. This allows them to better align their renewable energy procurement with the actual grid conditions. However, this currently involves using custom analytics, which can be quite complex and also poses the risk of greenwashing. The PEC Registry simplifies this process by tagging all RECs with hourly timestamps and avoided emissions data, making accurate and transparent possible for both hourly and carbon matching.


  • Global Standardization and Transparency: The PEC Registry utilizes a global methodology for associating avoided emissions to generation. This transparent methodology is governed by the industry-led PEC Alliance (PECA) which fosters trust and reliability, enabling the ecosystem to expand carbon matching globally.


  • Reducing Greenwashing Risks: By providing a uniform methodology, the PEC Registry ensures that environmental claims are based on solid evidence and independent methodology. This transparency reduces the risk of greenwashing, where companies may otherwise make exaggerated or false claims about their scope 2 emissions.


Call to Action

We invite renewable energy producers, corporate buyers, energy traders, regulatory bodies, and all stakeholders committed to a sustainable future to engage with the PEC Registry and PEC Alliance. By participating in this transformative initiative, you can accelerate the decarbonization of the power grid.


Stay tuned for our comprehensive whitepaper, which will provide detailed insights into the methodology, implementation, and benefits of the PEC Registry. Together, let's make a meaningful impact on our journey towards a carbon-neutral world.


For more information and to get involved, visit www.CleanIncentive.com or contact Casey Martinez at Casey@CleanIncentive.com.

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