Curated News
By: NewsRamp Editorial Staff
July 23, 2024
Powerledger Introduces New Feature for Direct Purchase of Renewable Energy Certificates
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GithubTLDR
- Businesses gain direct access to renewable energy generators for purchasing RECs, giving them an edge in sustainability.
- The new feature in the TraceX marketplace allows organizations to purchase RECs directly from renewable energy generators.
- The new marketplace feature promotes transparency, empowering businesses to make more informed decisions and play a more active role in their ESG strategies.
- The new feature in the TraceX marketplace eliminates the need for intermediaries, offering businesses unprecedented clarity and control over their REC purchases.
Impact - Why it Matters
The introduction of the new marketplace feature by Powerledger's TraceX marks a significant step towards supporting the global transition to renewable energy. By making REC purchases easier and more transparent, TraceX helps businesses play a more active role in their ESG strategies.
Summary
Powerledger, an energy software company, has introduced a new feature in its TraceX marketplace, enabling organizations to purchase Renewable Energy Certificates (RECs) directly from renewable energy generators. This new feature eliminates the need for businesses and organizations to open their own registry account in a REC tracking system or go via intermediaries to buy RECs. Instead, they can directly buy and retire RECs in the TraceX marketplace for voluntary claims, offering a clearer understanding of the origins and costs associated with RECs.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Powerledger Introduces New Feature for Direct Purchase of Renewable Energy Certificates
