The Granular Certificate Trading Alliance, Led by LevelTen Energy and in Collaboration with AES, Constellation, Google, and Microsoft, Forms to Build a Critical Solution, with ICE, to Decarbonize the Grid
Retrieved on:
Thursday, December 14, 2023
Other Energy, Utilities, Sustainability, Environment, Alternative Energy, Energy, Technology, Other Technology, Constellation, Carbon, Sale, Environmental Product Declaration, GC, Corporation, Risk management, Federation, ICE, GOS, GCS, EAC, Intercontinental Exchange, Multimedia, Allen County, Indiana, Wind, Guarantee of origin, Professional, Partnership, CFE, Electricity, Climate change mitigation, Microsoft, CEBA, Registry, AES, Cryptocurrency, Renewable energy, Perfume
As the solution scales, it will accelerate the energy transition by helping to decarbonize electric grids.
Key Points:
- As the solution scales, it will accelerate the energy transition by helping to decarbonize electric grids.
- View the full release here: https://www.businesswire.com/news/home/20231214579198/en/
Corporate clean energy procurements have skyrocketed over the past 10 years, making annual commitments to match consumption with 100% renewable energy commonplace. - However, annual EACs come with an inherent challenge: incentivizing carbon-free energy production during dark or windless hours in the absence of an hourly market signal.
- LevelTen Energy: “The GC Trading Alliance is tackling the next challenge for the energy transition, which is driving carbon-emitting resources off the grid at all hours.