Energy Attribute Certificates: How They Work
Energy Attribute Certificates (EACs), also known as Guarantees of Origin (GOs) and International Renewable Energy Certificates (I-RECs), are the underlying mechanism for claiming consumption of renewable energy and can help you reduce your Scope 2 emissions with best-in-class practices. These internationally-recognised certificates support compliance by:
- Adhering to global accounting and reporting frameworks
- Bolstering renewable energy development
- Relieving pressure from your stakeholders
EACs are internationally recognised, tradable instruments which prove that electricity has been generated from solar, wind or another renewable source and allow any end-user to claim the consumption of the associated renewable energy. Each EAC represents the environmental benefits of 1MWh of renewable energy generation.