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Global Renewable Attribute Certificates

(G-RAC)

Download G-RAC Product Document

G-RAC Eligibility Document

The Global Renewable Attribute Certificate (G-RAC) represents the environmental benefits associated with the production of renewable electricity. Each G-RAC is a digital certificate equivalent to one megawatt-hour (MWh) of renewable energy generation, enabling organizations to attribute their energy consumption to renewable sources.

Key Features of G-RAC:

  • Standardization Across Markets: G-RAC uses a consistent framework that integrates seamlessly with existing national and international attribute systems, fostering interoperability.
  • Transparency and Traceability: Detailed metadata ensures that every G-RAC can be traced from issuance to redemption, providing stakeholders with a clear chain of custody.
  • Flexibility for Various Applications: G-RAC supports diverse use cases, including regulatory compliance, voluntary renewable energy claims, and corporate sustainability initiatives.
  • Secure and Immutable: Advanced security protocols, including blockchain and cryptographic hashing, ensure that G-RACs are tamper-proof and verifiable.

Primary Benefits:

  • For Energy Producers: Provides a marketable asset linked to renewable energy generation, creating new revenue streams.
  • For Corporate Buyers: Offers a verifiable mechanism to meet renewable energy and carbon neutrality goals.
  • For Regulators: Simplifies the tracking and auditing of renewable energy compliance.