The Power Emissions Certificate Alliance (PECA) is proud to announce the publication of its comprehensive group charter. This milestone marks a significant step forward in our mission to advance global decarbonization efforts by establishing and promoting the Power Emissions Certificate (PEC) Standard.
What is the PEC Alliance?
The PEC Alliance (PECA) is an initiative dedicated to providing a transparent, accurate, and standardized framework for quantifying and verifying the carbon impact of energy generation and storage. By fostering collaboration and innovation, PECA aims to empower energy buyers with the tools necessary to achieve meaningful and verifiable emissions reductions.
Key Objectives
The PECA Charter outlines several key objectives, including:
Development and Maintenance of the PEC Standard: Creating a robust methodology that combines hourly Energy Attribute Certificates (EACs) with marginal avoided emissions to accurately quantify the carbon impact of energy entering the grid.
Transparent PEC Registry: Maintaining a transparent and accountable registry governed by PECA, regularly updated to reflect technological and regulatory changes.
Global Emissions Data Selection Process: Establishing a global method for selecting emissions data providers and factors for consistent carbon impact assessment.
Publish the Emissions Matching Standard: Provide guidelines for using the avoided emissions of PECs to accurately match energy buyers' induced emissions to support sustainability goals and accurate impact-based reporting.
Alignment with Industry Standards: Ensuring PEC standards align with the EnergyTag Standard and the GHG Protocol to enhance adoption.
Collaboration and Innovation: Encouraging industry collaboration to drive innovation in carbon accounting and emissions reduction.
Engagement and Education
PECA is committed to promoting widespread understanding and adoption of PECs through comprehensive educational resources, webinars, workshops, and case studies. By fostering collaboration with industry leaders, regulatory bodies, environmental organizations, and energy consumers, PECA aims to drive significant progress in global decarbonization efforts.
Conclusion
The publication of the PECA Charter is a pivotal moment in our journey to transform renewable energy procurement and carbon accounting. We invite you to read the full charter to learn more about our standards, methodologies, and the impactful work we are doing to combat climate change.
To delve deeper into the specifics of our charter and our mission, you can access the full document here.
Join us in pioneering a sustainable and decarbonized future.