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.