One of Allinfra Climate's goals is to give companies the ability to contribute to the development of renewable energy assets. One way to make this contribution and meet one's sustainability goals is to purchase the environmental attributes associated with renewable energy from green energy producers. This can be done in a simple, reliable way through a digital renewable energy certificate (dREC™) on Allinfra Climate.
For an introduction to digital RECs, take a look at our post What is a dREC?
A dREC can be held, retired or traded, all within the Allinfra Climate’s REC trading platform. Whether you're a buyer of dRECs looking to claim environmental attributes, or a green energy producer looking to monetise these attributes, Allinfra Climate gives you the power to execute transactions without intermediaries.
Digital renewable energy certificates created on our platform are permanently linked to underlying energy generation data. We’re able to achieve this through the use of blockchain technology – by creating a direct, immutable record linking the specific underlying asset and source data to the tradeable, digital environmental product sitting in your wallet.
The dREC is a digital instrument, linked to data recorded from a device affixed to an asset. Let's take the example of a smart meter affixed to a solar asset.
See how we make it simple to read that data in this Allinfra Climate demo video.
In addition to the capturing of data and creation of digital renewable energy certificates, the Allinfra infrastructure is flexible and suitable for a range of use cases, with our services and tools able to be used for:
Originally published in March 2020, this post has been updated to better explain how Allinfra Climate’s dREC™ works.