Over the past decade, energy attribute certificates (EACs) have evolved from their original purpose for utility compliance with Renewable Portfolio Standards (RPS) to broader applications. Today, EACs are used in a variety of voluntary and regulatory applications, including scope 2 market-based greenhouse gas (GHG) accounting, renewable electricity claims, clean fuel and hydrogen certification programs, and financial accounting. This white paper provides an overview of how EACs are used across these functions to track and verify electricity-related attributes, support emissions accounting and compliance objectives, and reduce the risk of double counting and over-allocation of environmental claims.
AuthorsBailie Neary