Secondary Transactions of Hourly Certificates

Many organizations embracing 24/7 carbon-free energy matching are making large procurements that may not match their own load on an hourly basis. Secondary unbundled hourly certificate transactions provide an opportunity to rebalance hourly over and under supply through transactions with other market participants, but limited tools and approaches have been established to facilitate these activities in a credible way. This initiative will identify best practices for the secondary transactions of unbundled hourly RECs to ensure integrity, transparency, and access in voluntary and compliance markets. Existing market infrastructure will be examined and analyzed to determine necessary modification for secondary transactions of hourly RECs. Outputs may include recommendations, requirements and claims guidance for companies, REC marketers, utilities, regulators and tracking systems.

Additional Resources

Secondary Transactions of Hourly Certificates Initiative Proposal

Working Group