Alongside signing the 24/7 Carbon-Free Energy Compact, EnergyTag has recently launched an initiative to define and build a market for Granular Certificates that enable consumers to choose the source of their electricity consumption in each hour of the day. The EnergyTag Initiative is an independent, non-profit, industry-led initiative that will help clean energy buyers access, track, and certify 24/7 Carbon-Free Energy.
"By establishing Granular Certificates as a recognised, tradeable instrument we can harness consumer demand for 24/7 carbon free energy to create a price signal that drives investment in the technologies needed to reach a carbon-free grid faster, like renewables and storage. The Carbon Free Energy Compact is playing a critical and central role in driving this consumer demand, so we are totally aligned!"
The EnergyTag Initiative is an independent, non-profit, industry-led initiative to define and build a market for Granular Certificates which enable energy users to verify the source of their electricity and carbon emissions in each hour of the day. Since joining the 24/7 Carbon Free Energy Compact, EnergyTag has published the Granular Certificate Scheme Standard which provides the first version of the criteria that those implementing Granular Certificate Schemes need to meet in order to prove, through a third party audit, that they are compliant with the EnergyTag Standard.
As a 24/7 Carbon-Free Energy Compact Signatory, Greenko is working to develop and scale technologies, support energy policies, improve procurement practices, and provide solutions to transform India’s energy system and enable rapid, cost-effective Carbon Free Energy.
In 2021, Sustainable Energy for All (SEforALL) worked with a coalition of energy buyers, energy suppliers, governments, system operators, solutions providers, investors and other organizations to develop a commitment to 24/7 CFE, announced as an Energy Compact commitment to the United Nations. By joining the 24/7 CFE Energy Compact, companies can share innovative tools and solutions with other members in support of their carbon-free energy journey.
Stanford University’s 24/7 Carbon-Free Energy (CFE) Initiative helps institutions to decarbonize their operations by electrifying their assets and coordinating their operation to reduce emissions, electric infrastructure impacts, power and operational costs while increasing resilience during extreme events.