Difference between revisions of "Energy Certificate Lifecycle"
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== Definition == | == Definition == | ||
'''Energy Certificate Lifecycle''' is the sequence of possible stages in the use of contractual instruments such [[Energy Certificate | energy certificates]]. | '''Energy Certificate Lifecycle''' is the sequence of possible stages in the use of contractual instruments such [[Energy Certificate | energy certificates]]. | ||
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| + | Broadly speaking the lifecycle involves the following stages: | ||
| + | |||
| + | * Energy is generated in a production facility (plant) and supplied into a distribution system | ||
| + | * Certificates are issued for the generated energy | ||
| + | * Certificates are verified by a third party | ||
| + | * Certificates are registered with a registry | ||
| + | * Certificates are purchased by market participants | ||
| + | * Certificates may be traded (transfered ) between market participants | ||
| + | * End-users use the certificates to document the origin of the energy they consume | ||
| + | * Certificates used (claimed) by end-users are cancelled in the registry | ||
== References == | == References == | ||
Latest revision as of 13:13, 2 June 2023
Definition
Energy Certificate Lifecycle is the sequence of possible stages in the use of contractual instruments such energy certificates.
Broadly speaking the lifecycle involves the following stages:
- Energy is generated in a production facility (plant) and supplied into a distribution system
- Certificates are issued for the generated energy
- Certificates are verified by a third party
- Certificates are registered with a registry
- Certificates are purchased by market participants
- Certificates may be traded (transfered ) between market participants
- End-users use the certificates to document the origin of the energy they consume
- Certificates used (claimed) by end-users are cancelled in the registry
