RENEWables #68: Powering Transparency – Simplifying the Energy Commodities Market

RENEWables #68: Powering Transparency – Simplifying the Energy Commodities Market

On this episode of RENEWables, David talks with Scott Burns, VP of Environmental Commodities at Powerledger, to discuss the Tracex product and its role in the energy attribute commodities (EACs) market.

Tracex is a digital marketplace that provides transparency and simplifies the process of buying and selling EACs, such as renewable energy certificates (RECs) and carbon offsets. The platform eliminates administrative work, integrates payment processing and registry accounts, and ensures the secure transfer of EACs. Burns emphasizes the importance of information and transparency in the EAC market and the need for customizable solutions to meet the diverse sustainability goals of different businesses.

Takeaways

  • Tracex is a digital marketplace by Power Ledger that simplifies the process of buying and selling energy attribute commodities (EACs), such as renewable energy certificates (RECs) and carbon offsets.
  • The platform provides transparency and eliminates administrative work, integrating payment processing and registry accounts to ensure secure and efficient transactions.
  • Tracex aims to give customers the information they need to make informed decisions about their EAC purchases, including details about additionality, emissionality, and other factors.
  • The EAC market is evolving, with a growing focus on the granularity of EACs and the recognition that not all EACs are created equal.
  • Power Ledger's Tracex is designed to be user-friendly and accessible, catering to the needs of middle-market C&I customers who may be new to the EAC market.

Show Notes:
Learn more at Powerledger.io
Scott Burns on Linked In

RENEWables, A Sustainabilty Podcast is a new podcast focused on the energy landscape of today. Everything from emerging renewable energy technologies to sustainability practices to why brands are changing the way they think, RENEWables is a source for current and dynamic conversation.

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RENEWables, A Sustainabilty Podcast is a new podcast focused on the energy landscape of today. Everything from emerging renewable energy technologies to sustainability practices to why brands are changing the way they think, RENEWables is a source for current and dynamic conversation.

Be the first to hear new episodes by subscribing to our email list here.

Click here for other ways to listen.